Group 1 - A-shares indices opened lower but rose throughout the morning, with the Shanghai Composite Index surpassing 4000 points, marking a nearly 10-year high and a year-to-date increase of nearly 20% [1] - The CSI A500 Index showed a rebound, up 0.3% as of 11:25, with significant trading activity in the A500 ETF, which saw over 2 billion yuan in daily trading volume and a net subscription of 15 million shares [1] - The Chairman of the China Securities Regulatory Commission emphasized the importance of stability and balance in asset allocation during the risk repricing and asset rebalancing process, highlighting the ongoing revaluation of Chinese assets like A-shares and Hong Kong stocks [1] Group 2 - The A500 ETF managed by E Fund (159361) has demonstrated strong capital inflow recently, with a management fee rate of only 0.15% per year, making it a cost-effective option for investors to allocate to core A-share assets [2]

Group 1 - The core viewpoint is that with the ongoing US-China trade negotiations and the strengthening expectations of Federal Reserve interest rate cuts, the most turbulent times from overseas disturbances may be gradually passing [1] - The "14th Five-Year Plan" public report positively sets the tone to boost confidence, build consensus, and solidify the long-term narrative of the current market trend [1] - The previous risk-averse trading has led to a "rebalancing" that is gradually digesting structural cost-performance issues, suggesting a focus on the advantages of economic prosperity, industry trends, and policy support [1] Group 2 - The China Securities A500 ETF (159338) is highlighted as a tool for balanced allocation between growth and value, aiding investors in navigating market structural volatility [1] - According to the mid-2025 report, the total number of accounts for the Guotai China Securities A500 ETF ranks first among its peers, being more than three times that of the second place [1] - More investors are choosing the China Securities A500 ETF (159338), indicating growing interest in this investment option [1]