Core Viewpoint - The current A-share market is undergoing asset revaluation and presenting structural opportunities, with the launch of the Huashang CSI 800 Index Enhanced Fund aimed at efficiently capturing alpha returns from core A-share assets [1] Group 1: Fund Overview - The Huashang CSI 800 Index Enhanced Fund is designed to cover core A-share assets and capture market alpha returns, serving as an efficient tool for investors [1] - The CSI 800 Index, a representative broad-based index, consists of stocks from the CSI 300 and CSI 500 indices, featuring a dual-driven structure of "value blue chips + growth leaders" [1] - The index includes a wide range of industries, from mature sectors like banking and food & beverage to innovative sectors like semiconductors, electronics, and pharmaceuticals, indicating a rich investment logic [1] Group 2: Investment Strategy - The fund employs a multi-factor quantitative stock selection model developed by Huashang Fund's quantitative investment team, combining big data mining with quantitative models to construct an enhanced stock portfolio [2] - The fund aims to achieve investment returns that exceed the target index while maintaining close tracking of the CSI 800 Index [2] - The fund will be managed by Dr. Deng Mo and Dr. Hai Yang, both experienced in quantitative investment and stock selection [2][3] Group 3: Manager Profiles - Dr. Deng Mo has over 14 years of experience in the securities industry, with a focus on balanced allocation and quantitative models to identify high-quality assets in high-growth industries [2][3] - Dr. Hai Yang has over 8 years of experience, specializing in risk and return monitoring across different sectors, aiming for excess returns through diversified allocation [3] Group 4: Market Outlook - Dr. Deng maintains an optimistic outlook, believing that excess returns from the active quantitative model will continue to show a stable upward trend amid structural market opportunities [4] - The overall market valuation is considered relatively reasonable, and liquidity remains ample, which is favorable for the performance of multi-factor quantitative models [4] - The strategy will focus on monitoring the recovery of various sectors and implementing a diversified allocation approach to achieve excess returns [4]

Group 1 - The market showed a positive trend in the morning session, with the CSI A500 Index rising by 0.3% as of 10:35 AM [1] - The A500 ETF managed by E Fund (159361) recorded a trading volume exceeding 700 million yuan, ranking among the top in its category [1] - The A500 ETF has seen a net inflow for six consecutive trading days, totaling over 800 million yuan [1] Group 2 - Citic Securities indicated that abundant liquidity and improved market sentiment are driving the A-share market upward [1] - Positive external conditions are also contributing to the optimistic sentiment, suggesting that the market may continue to rise [1] - The CSI A500 Index reflects the overall performance of 500 large-cap, liquid stocks across 91 of the 93 sub-industries in the CSI framework [1] Group 3 - The A500 ETF has a management fee rate of 0.15% per year, which is among the lowest in the ETF category, providing investors with a cost-effective way to access core asset allocation opportunities [1]