沪指14连阳逼近4100点，中证A500ETF（159338）近20日净流入超136亿元

Group 1 - The Shanghai Composite Index has seen a 14-day consecutive rise, approaching 4100 points, with over 13.6 billion yuan net inflow into the CSI A500 ETF in the past 20 days [1] - Nanjing Securities suggests that the current market may be a prelude to the "spring rally," and if the trading volume can be maintained, the market is likely to continue its strong performance, directly linking to the upcoming "spring rally" [1] - Historical "spring rally" trends indicate a strong correlation between rising sectors and the performance of the first-quarter earnings reports, emphasizing the importance of high certainty and high prosperity sectors [1] Group 2 - The CSI A500 emphasizes industry balance and leading companies in specific sectors, providing a better Beta base during the industrial upgrade cycle, with a historical performance of 464.28% since its inception compared to 361.15% for the CSI 300, resulting in an excess return of 103.13% [2] - As of the mid-2025 report, the number of accounts for the Guotai CSI A500 ETF is three times that of the second-ranked product, indicating a strong preference among investors for this ETF [2]