今日早盘，A股三大指数集体上涨，沪指半日涨0.5%，全市场超3300只个股上涨。板块题材上，消费电子、有机硅板块活跃，海南、影视院线板 块调整；港股震荡上涨，耐用消费品、造纸、硬件设备等板块涨幅居前。截至午间收盘，中证A500指数、沪深300指数均上涨0.3%，创业板指数 上涨0.6%，上证科创板50成份指数上涨1.0%，恒生中国企业指数上涨0.4%。 截至午间收盘 该指数涨跌 | 沪深300指数由沪深市场中规 | 截至午间收盘 | 该指数 | 该指数自2005年 | | --- | --- | --- | --- | | 模大、流动性好的300只股票 | 沪深300指数涨跌 | 滚动市盈率 | 发布以来估值分位 | | 组成,完整覆盖11个中证一级 | | | | | 行业 | 0. 3% | 13.9倍 | 61. 2% | | 中证A500指数由各行业市值较 | 截至午间收盘 | 该指数 | 该指数自2004年 | | 大、流动性较好的500只证券 | 中证A500指数涨跌 | 滚动市盈率 | 以来估值分位 | | 组成,覆盖93个三级行业中的 | | | | | 91个 | 0. 3% | 16. 4 ...

另一宽基ETF品种——A500ETF华泰柏瑞（563360）同样在规模与流动性优势加持下资金流入效应显 著。A500ETF华泰柏瑞（563360）近一周日均成交额达46亿元，相较今年以来25.96亿元的日均成交额 显著放量。净流入方面，A500ETF华泰柏瑞（563360）连续2个交易日（25/11/21-11/24）获资金加仓， 累计金额达5.06亿元。 （数据来源：Wind，近一周数据区间为25/11/17-25/11/24，今年以来数据区间为25/1/1-25/11/24） 广发证券表示，重新审视本轮行情的基础，近期并没有发生改变。第一，中国经济长尾风险的担忧逐步 缓解。第二，一些中国优势产业全球竞争力显著提升，经济结构转型体现在了今年上市公司的基本面 上。在传统内需资产ROE持续下行的背景下，整体A股仍然出现了连续3个季度的ROE企稳。第三，资 本市场定位提升，市场不缺钱，未来空间或可期。 （研报来源：广发策略-重新审视本轮AH牛市的基础，近期并没有发生改变-25/11/21） 据悉，沪深300指数云集了两市规模较大、流动性较好、较具代表性的300只证券，是中国核心资产的代 表。中证A500指数则涵盖 ...

大盘今日午后反弹，A股三大指数集体收涨，市场热点轮番活跃，全市场超4200只个股上涨，板块方面，军工、AI应用、商业航天等板块涨幅居前，能源金 属、海南、燃气等板块跌幅居前；港股方面，AI应用、新能源车、创新药板块集体走强。截至收盘，中证A500指数上涨0.2%，沪深300指数下跌0.1%，创业 板指数上涨0.3%，上证科创板50成份指数上涨0.8%，恒生中国企业指数上涨1.8%。 创业板大盘宽基:创业板ETF 跟踪创业板指数 该指数由创业板中市值大、 流动性好的100只股票组成, 战略新兴产业占比较高,电 力设备、通信、电子行业合 计占比近60% 4 该指数 科创板大盘宽基:科创板50ETF 跟踪上证科创板50成份指数 该指数由科创板中市值大、流 "硬 动性好的50只股票组成, 科技"龙头特征显著,半导体 占比超65%,与医疗器械、软 件开发、光伏设备行业合计占 比 近80% 港股大盘宽基:恒生中国企业ET � 该指数 每日经济新闻 ...

从客户数量来看，根据2025年中报，国泰中证A500ETF总户数位列同类首位，是第二名的三倍多，更多 人选择中证A500ETF（159338），感兴趣的投资者或可关注中证A500ETF（159338）。 根据Wind数据，中证A500ETF（159338）今日净流入2.64亿份，资金抢筹更均衡的大宽基。 相关机构表示，展望后市，中国经济企稳向好的趋势和政策面的鼓励支持均没有变，随着反内卷政策的 不断落地，国内经济走出"价格—需求"负反馈螺旋的概率已不断增加。A股牛市的确定性仍在逐渐加 强，回调或是买入良机。 （文章来源：每日经济新闻） ...

上周A股快速调整，各路资金借机纷纷布局，同类最活跃A500ETF基金（512050）上一交易日强势吸金 6.42亿元，近20日资金净流入达36亿元。 A500ETF基金（512050）助力投资者一键布局A股核心资产，把握A股估值抬升红利。该ETF具有费率 低（综合费率仅0.2%）、流动性好（近一月日均成交额超50亿元）、规模大（规模超190亿元）等核心 优势。其跟踪中证A500指数，采取行业均衡配置与龙头优选双策略，中证全部35个细分行业全覆盖， 融合价值与成长属性，相比沪深300，超配AI产业链、医药生物、电力设备新能源、国防军工等新质生 产力行业，具备天然的哑铃投资属性。 投资者可关注相关产品：A500ETF基金（512050）【场外联接（A类：022430；C类：022431；Y类： 022979）】、A500增强ETF基金（512370）。 每日经济新闻 消息面上，美国纽约联储银行主席威廉姆斯于美东时间11月21日表示，随着劳动力市场的下行风险已经 增强，而通胀面临的上行风险有所缓解，美联储在近期仍有进一步降息的空间。据CME FedWatch最新 数据，美联储12月降息25个基点的概率重新升至71% ...

Market Overview - The A-share market experienced mixed performance with the Shanghai Composite Index slightly rising by 0.18% [1] - The ChiNext Index and the CSI 300 Index both increased by 0.3% and 0.4% respectively, while the STAR Market 50 Index fell by 1.0% [1] - The Hang Seng China Enterprises Index declined by 0.3% [1] Sector Performance - Strong sectors included military equipment, insurance, and aquaculture, while Hainan and gas sectors faced adjustments [1] - In the Hong Kong market, non-ferrous metals and oil & petrochemical sectors showed resilience, whereas technology and pharmaceutical stocks collectively retreated [1] ETF Dividend Announcement - E Fund announced its fourth dividend distribution for the CSI 300 ETF (510310) this year, with a dividend of 0.24 yuan per 10 fund shares [1] - The record date for the dividend is November 20, with the ex-dividend date on November 21, and cash dividend payment scheduled for November 26 [1]

（文章来源：每日经济新闻） 华龙证券表示，10月经济稳中有进。一是工业生产持续增长。10月规上工业增加值同比增长4.9%，环 比增长0.17%。其中装备制造业和高技术制造业增势较好。二是服务业平稳增长。10月全国服务业生产 指数同比增长4.6%。三是市场销售规模扩大。10月社会消费品零售总额同比增长2.9%，环比增长 0.16%。四是制造业投资持续增长。信息服务业，航空、航天器及设备制造业，计算机及办公设备制造 业投资同比分别增长32.7%、19.7%、4.1%。 ...

Group 1 - The core viewpoint indicates that the A-shares market is experiencing a decline, with the CSI A500 index and CSI A100 index both down by 0.8%, and the CSI A50 index down by 0.6% [1] - The National Bureau of Statistics reported positive changes in consumer prices for October due to measures promoting reasonable price recovery, although market demand remains insufficient [1] - The next steps include expanding domestic demand, advancing the construction of a unified national market, optimizing the market competition environment, addressing capacity governance in key industries, improving supply-demand relationships, and promoting reasonable price recovery [1]

Market Overview - A-shares experienced a collective rise in the three major indices, with a total market turnover of 12,733 billion, showing a slight increase compared to the previous day, and over 3,800 stocks rising [1] - The leading sectors included battery supply chain, non-ferrous metals, chemicals, photovoltaic equipment, and storage chips, while banking, transportation, traditional Chinese medicine, insurance, gas, and retail sectors lagged behind [1] Index Performance - The CSI 300 Index rose by 1.0% to a rolling P/E ratio of 14.3 times [3] - The CSI A500 Index increased by 1.3%, with a rolling P/E ratio of 16.8 times [3] - The ChiNext Index surged by 2.7%, and the STAR Market 50 Index rose by 1.8% [1] - The Hang Seng China Enterprises Index fell by 0.6% [1] Sector Analysis - The H-share ETF tracks the Hang Seng China Enterprises Index, which consists of 50 large-cap, actively traded stocks from mainland China listed in Hong Kong, covering nearly 85% of the consumer discretionary, information technology, financial, and energy sectors [6]

Core Insights - A-shares core assets showed strong performance, leading the Shanghai Composite Index to turn positive in early trading on November 12 [1] - Key sectors such as oil and gas extraction, insurance, banking, medical devices, and innovative pharmaceuticals saw significant gains [1] Market Performance - The CSI A500 Index experienced fluctuations in early trading, with the A500 ETF from E Fund (159361) recording a trading volume exceeding 1.7 billion yuan within the first hour, indicating increased activity compared to the previous day [1] - Leading stocks included Enjie Co., Ltd., XW Communications, and China Aluminum, contributing to the index's performance [1] Sector Analysis - The innovative pharmaceutical ETF from E Fund (516080) also saw a rise of over 1.7% in early trading, driven by strong performances from stocks like Baillie Tianheng, Zai Lab, and BeiGene [1] - Despite market adjustments, the Shanghai Composite Index remained above 4000 points, suggesting that the adjustments are within a healthy range [1] Investment Strategy - Analysts suggest that the frequent switching of market styles has increased operational difficulty for investors, recommending a focus on the A500 Index for a balanced investment approach [1] - The CSI A500 Index consists of 500 stocks with large market capitalization and good liquidity, optimizing industry balance and covering most of the CSI's tertiary industries [1] Cost Efficiency - The management fee for the A500 ETF from E Fund (159361) is only 0.15% per year, providing a low-cost option for investors to gain exposure to core A-share assets [1]