A股市场快照：宽基指数每日投资动态-20251124

• The report provides a snapshot of the A-share market, highlighting that all broad-based indices fell by more than -1% on November 21, 2025, with the ChiNext Index and CSI 2000 experiencing the largest declines of -4.02% and -3.99%, respectively[1][2] - The report compares the moving averages of the indices, noting that all tracked indices have fallen below the 60-day moving average, with the CSI 2000 being only 0.4% away from breaking the 120-day moving average[13][15] - The turnover rates for the indices on November 21, 2025, are provided, with the CSI 2000 having the highest turnover rate of 4.81, followed by the ChiNext Index at 2.96[18][19] - The distribution of daily returns is analyzed, showing that the ChiNext Index has the largest negative kurtosis deviation, while the CSI 1000 and CSI 2000 have the smallest negative kurtosis deviations[25][27] - The risk premiums of the indices relative to the 10-year government bond yield are discussed, with the SSE 50 and CSI 300 having relatively high 5-year percentile values of 4.21% and 1.83%, respectively[29][30][33] - The PE-TTM ratios of the indices are examined, with the CSI 500 and CSI 1000 having relatively high 5-year percentile values of 94.63% and 94.21%, respectively, while the CSI 2000 and ChiNext Index have lower values of 77.02% and 50.74%, respectively[39][42][44] - The dividend yields of the indices are analyzed, with the ChiNext Index and CSI 1000 having relatively high 5-year historical percentile values of 72.81% and 54.88%, respectively, while the CSI 2000 and CSI 500 have lower values of 34.05% and 23.97%, respectively[50][52][54] - The report also discusses the net asset value ratios of the indices, noting that the current net asset value ratios are 22.0% for the SSE 50, 16.0% for the CSI 300, 11.8% for the CSI 500, 8.0% for the CSI 1000, 3.45% for the CSI 2000, 1.0% for the ChiNext Index, and 6.32% for the CSI All Share Index[56][57]