Core Viewpoint - The A-share market is currently experiencing a systematic slow bull phase, with significant inflows of new capital expected and a positive wealth effect anticipated, indicating a sustainable positive feedback effect in the market [1]. Group 1: Index Performance - The CSI A500 Index rose by 1.1% at midday, while the CSI A100 Index increased by 0.9%, and the CSI A50 Index saw a rise of 0.7% [1]. - The A500 ETF from E Fund (159361) experienced a substantial trading volume, with a net subscription of 320 million units in half a day [1]. Group 2: Market Metrics - The rolling price-to-earnings (P/E) ratio for the CSI A500 Index is 17.1 times, with an estimated value of 74 [3]. - The rolling P/E ratio for the CSI A50 Index is 18.3 times [6].