Market Performance - The A-share market saw a slight decline across the three major indices last Friday, with the Shanghai Composite Index rising by 0.76% for the week, the Shenzhen Component Index increasing by 0.52%, and the ChiNext Index gaining 1.38% [1] - The CSI A500 Index also experienced a weekly increase of 0.81% [1] ETF Insights - The A500 ETF (512050) closed down by 0.42% with a trading volume of 3.262 billion yuan, ranking among the top in its category [1] - Over the past five trading days, the fund saw a net inflow of 474 million yuan, and its scale increased by 321 million yuan in the past week, making it the top performer in its category [1] Economic Data and Events - Significant global market events are anticipated, including the release of China's April economic data and important economic data from multiple countries [1] - The People's Bank of China is set to announce the May 1/5-year Loan Prime Rate (LPR) [1] - Notable corporate events include the Hong Kong listings of CATL and Heng Rui Pharmaceutical, as well as Baidu's latest financial report [1] - Major tech companies like Microsoft and Google are hosting developer conferences [1] - A new round of domestic fuel price adjustments is expected [1] Market Outlook - Huatai Securities suggests that the market may experience short-term fluctuations, with the key to entering a new phase relying on the market's internal momentum [1] - According to招商证券, the increase in "other financial company debts" by the central bank in April may be related to providing liquidity support to the Central Huijin Investment, indicating that the market's downside risks are manageable [1] - After the release of short-term profit-taking pressure, A-shares are expected to return to a trend of oscillating upward [1]

Group 1 - Chinese assets experienced a strong increase on May 12, 2025, with active performance in sectors such as military industry, photovoltaic, consumer electronics, and optical modules [1] - The CSI A500 Index (000510) rose by 1.26%, with notable individual stock performances including AVIC Chengfei reaching the daily limit, Anker Innovations up by 12.64%, and Lens Technology increasing by 9.63% [1] - The A500 ETF (512050) saw a rise of 1.18%, with a trading volume of 3.826 billion yuan, ranking first among similar funds [1] Group 2 - The A500 ETF has accumulated a weekly increase of 3.39% as of May 12, 2025, with its latest scale reaching 16.954 billion yuan, marking a one-month high [1] - The fund's share increased by 19.5 million units in the past week, leading in new share growth among comparable funds [1] Group 3 - The joint statement from the US-China economic and trade high-level talks indicated a significant reduction in bilateral tariff levels, with the US canceling 91% of additional tariffs and China reciprocating with a similar cancellation [1] - Both parties agreed to establish a mechanism for continued negotiations on economic and trade relations, with provisions for further consultations on relevant issues as needed [1][2]