Market Overview - On January 21, A-shares saw all three major indices rise collectively, with the ChiNext Index increasing by over 1% at one point, and the total market turnover reaching 1.65 trillion yuan in half a day [1] - The CSI A500 Index rose by 0.6%, the CSI 300 Index increased by 0.3%, the ChiNext Index was up by 0.9%, and the STAR Market 50 Index surged by 3.0%, while the Hang Seng China Enterprises Index fell by 0.3% [1] Sector Performance - In terms of sector performance, the GPU, lithium mining, advanced packaging, and gold jewelry sectors led the gains, while the liquor and coal sectors experienced the largest declines [1] Index Details - The CSI A500 Index has a rolling P/E ratio of 14.2 times, with a valuation percentile of 65.5% since 2004 [3] - The ChiNext Index, composed of 100 stocks with high market capitalization and liquidity, saw a rise of 0.9% and has a rolling P/E ratio of 42.0 times, with a valuation percentile of 38.5% since its inception in 2010 [4] - The STAR Market 50 Index, characterized by significant "hard technology" leaders, increased by 3.0% and has a rolling P/E ratio of 173.4 times, with a valuation percentile of 96.9% since its launch in 2020 [4] - The Hang Seng China Enterprises Index, tracking 50 large and actively traded Chinese companies listed in Hong Kong, decreased by 0.3% and has a rolling P/E ratio of 10.6 times, with a valuation percentile of 64.7% since 2002 [5]
大盘震荡上行,A500ETF易方达(159361)、沪深300ETF易方达(510310)等助力布局A股核心资产
Sou Hu Cai Jing·2026-01-21 05:15