沪指放量收出8连阳，关注A500ETF易方达（159361）、沪深300ETF易方达（510310）等产品配置价值

Market Performance - The Shanghai Composite Index recorded an 8-day consecutive rise with a total market turnover of 2.18 trillion yuan on December 26 [1] - The market maintained a strong performance over the week, with sectors such as Hainan, batteries, commercial aerospace, storage chips, and energy metals leading in gains, while dairy, retail, banking, and pharmaceutical sectors saw declines [1] Index Performance - The CSI 300 Index increased by 1.9%, the CSI A500 Index rose by 2.7%, the ChiNext Index climbed by 3.9%, the STAR Market 50 Index went up by 2.8%, and the Hang Seng China Enterprises Index saw a slight increase of 0.2% [1][3] - The rolling price-to-earnings (P/E) ratios for the indices are as follows: CSI 300 at 14.1 times, CSI A500 at 16.9 times, ChiNext at 41.2 times, STAR Market 50 at 161.2 times, and Hang Seng China Enterprises at 10.4 times [3] Historical Performance - Year-to-date performance shows the CSI 300 Index up by 18.4%, CSI A500 up by 23.0%, ChiNext up by 51.5%, STAR Market 50 up by 36.1%, and Hang Seng China Enterprises up by 22.3% [7] - Over the past year, the CSI 300 Index increased by 17.0%, CSI A500 by 21.1%, ChiNext by 47.1%, STAR Market 50 by 32.1%, and Hang Seng China Enterprises by 22.0% [7] Sector Composition - The CSI A500 Index covers 500 securities with large market capitalization and good liquidity, spanning 89 out of 93 three-level industries [4] - The ChiNext Index consists of 100 stocks with high market capitalization and liquidity, with a significant representation from strategic emerging industries, particularly in power equipment, communications, and electronics, which together account for nearly 60% [4] - The STAR Market 50 Index is composed of 50 stocks from the STAR Market, prominently featuring "hard technology" leaders, with semiconductors making up over 50% and combined with medical devices and photovoltaic equipment, accounting for nearly 75% [4]