Core Viewpoint - The A-share market opened positively on the first trading day of 2026, with major indices showing gains, driven by multiple favorable factors including RMB appreciation and improved macroeconomic expectations [1] Group 1: Market Performance - Major A-share indices, including the CSI A500 and ChiNext indices, rose by 1.1% and 1.5% respectively as of 9:52 AM [1] - Active trading was observed in related ETFs, with both A500 ETF (E Fund, 159361) and ChiNext ETF (E Fund, 159915) nearing transaction volumes of 1 billion yuan [1] Group 2: Influencing Factors - Citic Securities highlighted several positive factors such as the appreciation of the RMB, concentrated release of benefits in the technology sector, improved macroeconomic expectations, and positive signals in the capital market [1] - Historical data suggests that after a "eight consecutive days of gains," the market is likely to continue its upward trend [1] Group 3: Investor Sentiment - The investor sentiment index has rebounded to 80, indicating a strong potential for the continuation of the "cross-year market" in January [1] Group 4: Index Composition - The CSI A500 index consists of 500 stocks with large market capitalization and good liquidity, with a balanced industry distribution, emphasizing emerging industries like information technology and healthcare [1] - The ChiNext index is composed of 100 stocks from the ChiNext board, focusing on strategic emerging industries such as new-generation information technology and new energy [1] Group 5: ETF Management Fees - Both A500 ETF (E Fund, 159361) and ChiNext ETF (E Fund, 159915) have a low management fee rate of 0.15% per year, which can help investors seize opportunities in the "cross-year market" [1]
A股冲击“开门红”,A500ETF易方达(159361)、创业板ETF易方达(159915)标的指数均涨超1%