消费ETF（159928）标的指数成分股多数飘红：北大荒涨超9%，百润股份、洽洽食品涨超4%，中粮糖业、贝泰妮、华熙生物涨超3%。贵州茅台、伊利股 份微涨，五粮液、牧原股份、大北农涨超1%，温氏股份涨超2%。 消息面上，受海外关税冲击影响，昨日A股迎来大幅调整。临近收盘之时，中央汇金发布公告称，坚定看好中国资本市场发展前景，充分认可当前A股配置 价值，已再次增持了交易型开放式指数基金（ETF），未来将继续增持，坚决维护资本市场平稳运行。 贵州茅台公告称，已着手起草新一轮回购股份方案。据其披露，截至2025年4月7日已累计回购131.59万股，占总股本比例为0.1048%，累计支付金额为19.48 亿元。回购计划于2024年11月27日股东大会通过，预计回购金额为30亿元至60亿元，用于注销并减少注册资本。目前，公司将按照回购金额上限，尽快完 成剩余约40.5亿元的回购及股份注销程序。同时，公司控股股东已着手起草增持方案，并将在后续严格按照相关规定和程序进行信息披露。 资金持续流入，消费ETF（159928）近60日"吸金"近12亿元！截至4月7日，最新规模超143亿元处于历史高位！ 中信建投表示，关税等外部风 ...

Core Viewpoint - The livestock farming sector is showing strong performance in the market, with related ETFs experiencing significant gains today, particularly in the context of domestic demand recovery [1][3]. Group 1: ETF Performance - Livestock farming ETFs have shown robust performance, with all four related ETFs rising over 1% in half a day [1]. - Specific ETF performances include: - Livestock Farming ETF (516670) up by 1.44% to 0.634 - Breeding ETF (159865) up by 1.4% to 0.578 - Livestock ETF (159867) up by 1.38% to 0.587 - Breeding ETF (516760) up by 1.32% to 0.614 [2]. Group 2: Market Trends and Investment Logic - The overall scale of livestock ETFs has remained stable this year, with minimal changes in shares, particularly the largest Breeding ETF (159865), which saw a decrease of just over 30 million shares [3]. - The investment logic indicates that by 2025, pig prices may enter a loss zone, leading to a focus on capacity reduction within the industry. Long-term trends suggest that cost management will become increasingly critical, with low-cost companies likely to achieve better profits and higher valuation premiums [3]. - In the poultry sector, the decline in feed costs and improved breeding efficiency have led to a significant reduction in the cost of raising broilers, with expectations of stable cost reductions this year, especially for leading companies with full industry chain advantages [3]. Group 3: Index and Weighting - The CSI Livestock Farming Index selects listed companies involved in livestock feed, veterinary drugs, and livestock farming to reflect the overall performance of related companies [4]. - The index has demonstrated the best historical returns within the agricultural sector while also exhibiting lower drawdowns, resulting in superior Sharpe ratios compared to other agricultural indices [4]. - Major weighted stocks in the CSI Livestock Farming Index include: - Haida Group (002311) with a weight of 11.28% - Muyuan Foods (002714) with a weight of 10.17% - Wens Foodstuffs (300498) with a weight of 10.15% - New Hope Liuhe (000876) with a weight of 66.8% [5].