Core Insights - The market experienced a significant drop in the afternoon session on August 21, with the CSI 2000 Enhanced ETF (159552) declining by 1.19% [1] - Year-to-date, the CSI 2000 Enhanced ETF has risen by 53.57%, outperforming the benchmark index by 21.69% [1] - Trading activity remains robust, with a turnover rate of 13.56% and a trading volume exceeding 160 million, reflecting a 23.90% increase compared to the previous day [1] - Net inflow during the trading session was approximately 78 million, with a year-to-date growth in scale of 7387.66%, marking a historical high [1] Performance Metrics - The CSI 2000 Enhanced ETF has shown a 53.49% increase over the past six years and a 33.07% increase over 120 hours [2] - Over the last five days, the ETF has increased by 4.00%, and over 250 days, it has risen by 107.68% [2] - The ETF's 20-day increase stands at 11.05%, while the 60-day increase is 28.62% [2] - The ETF reached a 52-week high of 2.03 and a low of 0.93 [2] Net Inflow Data - Recent net inflows over the past five days totaled 29.77 million, with significant inflows recorded on specific days [2] - On August 14, net inflow was 564.1 million, representing a 5.09% increase [2] - On August 15, net inflow reached 489.85 million, a 75.45% increase [2] - On August 18, net inflow was 758.92 million, showing a 216.86% increase [2] - On August 20, net inflow was 1044.17 million, reflecting a 2211.16% increase [2]

Core Viewpoint - The small-cap stocks are experiencing a resurgence, with the CSI 2000 Enhanced ETF (159552) rising by 0.4% during trading on August 13, marking a cumulative increase of 50% year-to-date, and reaching a new high for the 40th time this year [1] Group 1: Market Performance - The CSI 2000 Enhanced ETF has seen a significant increase in trading volume, with a net inflow exceeding 23 million during the session [1] - The fund's scale has grown by 6463.20% this year, setting a historical record [1] Group 2: Economic Indicators - Economic and profit recovery trends are evident, supported by ongoing growth policies that have led to high levels of infrastructure, manufacturing investment, and consumption growth [1] - July exports continued to maintain a high year-on-year growth rate [1] Group 3: Future Outlook - Analysts suggest that if liquidity remains abundant, the "water buffalo logic" may strengthen, leading to increased investment in small-cap growth stocks through ETFs and margin trading [1] - While potential interest rate cuts by the Federal Reserve in the third quarter may favor growth styles, uncertainties in the external environment and the already high short-term gains in small-cap stocks warrant caution among investors [1]

8月7日，市场下探后企稳，韧性不减。截至14时46分，"小盘之王"中证2000增强ETF(159552)跌0.21%， 今年以来累计涨45.89%领跑全市场宽指ETF。交投持续升温，换手率达17.90%，成交额约1.2亿，环比 前日放量25.12%。资金热度不减，据Wind Level2实时行情结合均价预估，盘中净流入约6900万，年初 以来累计净流入约5.8亿，最新规模超6亿，在全市场同标的增强ETF中规模居首。 风险提示：文中提及的指数成份股仅作展示，个股描述不作为任何形式的投资建议。任何在本文出现的 信息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，投资 人须对任何自主决定的投资行为负责。基金投资有风险，基金的过往业绩并不代表其未来表现，基金管 理人管理的其他基金的业绩并不构成基金业绩表现的保证，基金投资须谨慎。 来源：金融界 ...

Group 1 - The article highlights a weak opening for the stock market on August 4, with a subsequent upward trend, particularly noting the resurgence of small-cap stocks [1] - The largest ETF, the CSI 2000 Enhanced ETF (159552), experienced a 0.22% increase, having previously dropped by 0.93%, with a year-to-date gain of 40.60% [1] - According to Guosen Securities, since September 24 of the previous year, the A-share market has rebounded strongly due to significant policy support, with core broad-based indices recording over 20% gains [1] Group 2 - The CSI 2000 index, which covers small and micro-cap enterprises, has shown a remarkable increase of over 64%, becoming a core driver of the current market rally [1] - The index's constituent stocks generally possess low market capitalization and high elasticity, benefiting from liquidity easing and policy incentives [1] - The enhanced indices focusing on small-cap investments have outperformed, reflecting strong investor interest and ongoing policy support [1]