截至2025年11月26日 10:17，上证180指数(000010)上涨0.30%，成分股海光信息(688041)上涨3.95%，中 科曙光(603019)上涨3.53%，拓荆科技(688072)上涨3.30%，生益科技(600183)上涨3.23%，恒瑞医药 (600276)上涨2.84%。上证180ETF指数基金(530280)上涨0.17%， 冲击3连涨。最新价报1.19元。（二级 市场涨幅，不代表基金实际收益。） 大同证券指出，向后看，中长期无需过度悲观。一方面，市场整体基本面并未出现走坏趋势。以通信、 芯片等为首的科技成长板块业绩表现仍然亮眼，短期的调整或更多是为了更好的起跳。另一方面，消息 面仍未有较大利空，政策面的支持虽较上半年有所放缓，但宽松依然是主基调。因此，无需过度悲观， 后续仅需静等科技板块重整旗鼓。配置上建议哑铃型策略，一方面，进攻端或可保留已有双创板块仓 位，如通信、半导体、创新药等，但短期不宜过多操作；另一方面，防守端或可布局红利板块以更好平 抑风险。 上证180ETF指数基金紧密跟踪上证180指数，上证180指数从沪市证券中选取市值规模较大、流动性较 好的180只证券作为样本， ...

Group 1 - Foreign institutional investors have increased their holdings in Chinese stocks, with the top 40 global investment institutions' holdings rising to 1.1%, the highest level since Q1 2023 [1] - Despite short-term market fluctuations, the long-term trend for the stock market remains bullish, with dividend and technology assets expected to yield excess returns [1] - The Shanghai Stock Exchange 180 Index employs a barbell strategy, consisting of 90% dividend and 10% technology assets, making it a favorable choice for equity market allocation [1] Group 2 - As of November 13, 2025, the Shanghai 180 Index has increased by 0.27%, with notable gains in stocks such as Zhaoyi Innovation (up 7.79%) and China Merchants Energy (up 5.41%) [2] - The Shanghai 180 ETF closely tracks the Shanghai 180 Index, which includes 180 securities selected for their large market capitalization and liquidity, reflecting the overall performance of core listed companies in the Shanghai securities market [2] - The top ten weighted stocks in the Shanghai 180 Index account for 26.29% of the index, with Kweichow Moutai being the largest at 4.21% [2][4]

Core Viewpoint - The short-term market fluctuations do not alter the long-term slow bull trend of the stock market, with dividend and technology assets expected to yield excess returns in the long run [1] Group 1: Market Trends - The allocation of residents' assets is gradually increasing in the equity market, which is expected to benefit dividend assets first [1] - Technology assets represent the trend of economic development and have strong long-term growth certainty [1] - The Shanghai Stock Exchange 180 Index follows a barbell strategy with 90% in dividend and 10% in technology, making it a good choice for equity market allocation [1] Group 2: Index Performance - As of October 29, 2025, the Shanghai Stock Exchange 180 Index (000010) rose by 0.31%, with notable increases in component stocks such as Industrial Fulian (601138) up 7.37% and Huaneng International (600011) up 6.86% [1] - The Shanghai Stock Exchange 180 ETF Index Fund (530280) is experiencing a tug-of-war in the market, with the latest quote at 1.24 yuan [1] - Over the week leading up to October 28, 2025, the Shanghai Stock Exchange 180 ETF Index Fund accumulated a rise of 1.97%, ranking 1/10 among comparable funds [1] Group 3: Top Holdings - As of September 30, 2025, the top ten weighted stocks in the Shanghai Stock Exchange 180 Index (000010) include Kweichow Moutai (600519), Zijin Mining (601899), and others, accounting for a total of 26.75% of the index [2]

Core Viewpoint - The recent short-term market fluctuations do not alter the long-term bullish trend of the stock market, with dividend and technology assets expected to yield excess returns over time [1] Group 1: Market Trends - The long-term investment strategy emphasizes a barbell approach, combining dividend and technology assets, which are anticipated to benefit from increased equity market allocation by residents [1] - The Shanghai Stock Exchange 180 Index (000010) is structured with a 90% allocation to dividend assets and 10% to technology assets, making it a suitable choice for equity market investment [1] Group 2: Performance Data - As of October 16, 2025, the Shanghai Stock Exchange 180 Index rose by 0.45%, with notable increases in constituent stocks such as China Life (601628) up 4.37% and Zhaoyi Innovation (603986) up 4.17% [1] - The Shanghai 180 ETF Index Fund (530280) increased by 0.33%, with a current price of 1.23 yuan, and has shown a cumulative increase of 1.57% for the month as of October 15, 2025, ranking 1st among comparable funds [1] Group 3: Index Composition - The Shanghai 180 Index includes 180 large-cap, liquid stocks from the Shanghai market, with the top ten weighted stocks accounting for 26.75% of the index [2] - The top ten stocks by weight include Kweichow Moutai (600519), Zijin Mining (601899), and China Ping An (601318), among others [2][4]

Core Viewpoint - The short-term market fluctuations do not alter the long-term slow bull trend of the stock market, with dividend and technology assets expected to yield excess returns in the long run [1] Group 1: Market Trends - The market is experiencing short-term volatility, but the long-term outlook remains positive, particularly for dividend and technology assets [1] - A barbell strategy is gaining attention, with a focus on increasing equity market allocation among residents [1] Group 2: Index Performance - As of September 26, 2025, the Shanghai 180 Index (000010) decreased by 0.18%, with mixed performance among constituent stocks [1] - The top-performing stocks included Seris (601127) with a 10.00% increase, while the worst performers were Hengrui Medicine (600276) down 3.75% and WuXi AppTec (603259) down 3.34% [1] Group 3: ETF Tracking - The Shanghai 180 ETF Index Fund closely tracks the Shanghai 180 Index, which selects 180 securities with large market capitalization and good liquidity from the Shanghai stock market [2] - As of August 29, 2025, the top ten weighted stocks in the Shanghai 180 Index accounted for 26.25% of the index, with Kweichow Moutai (600519) being the largest at 4.92% [2][4]

Core Viewpoint - The short-term market fluctuations do not alter the long-term slow bull trend of the stock market, with dividend and technology assets expected to yield excess returns in the long run [1] Group 1: Market Trends - The allocation of residents' assets is gradually increasing in the equity market, which is expected to benefit dividend assets first [1] - Technology assets represent the trend of economic development and have strong long-term growth certainty [1] - The Shanghai Stock Exchange 180 Index follows a barbell strategy with 90% in dividend and 10% in technology, making it a good choice for equity market allocation [1] Group 2: Index Performance - As of September 23, 2025, the Shanghai Stock Exchange 180 Index (000010) decreased by 0.03%, with mixed performance among constituent stocks [1] - Notable gainers include Transsion Holdings (688036) up 4.00%, Industrial Fulian (601138) up 3.70%, and Ningbo Port (601018) up 2.97% [1] - The Shanghai Stock Exchange 180 ETF Index Fund (530280) fell by 0.25%, with the latest price at 1.2 yuan [1] - Over the past two weeks, the Shanghai Stock Exchange 180 ETF Index Fund has increased by 1.44%, ranking 1 out of 9 comparable funds [1] Group 3: Top Holdings - As of August 29, 2025, the top ten weighted stocks in the Shanghai Stock Exchange 180 Index (000010) include Kweichow Moutai (600519), Zijin Mining (601899), and others, accounting for a total of 26.25% [2] - The top ten stocks by weight are as follows: - Kweichow Moutai: -0.52%, 4.92% - Zijin Mining: 1.97%, 2.96% - China Ping An: -0.40%, 2.75% - Hengrui Medicine: 0.07%, 2.62% - China Merchants Bank: -0.29%, 2.62% - Yangtze Power: -0.15%, 2.28% - WuXi AppTec: 0.30%, 1.97% - Industrial Bank: -0.60%, 1.78% - SMIC: -1.10%, 1.67% - Beijing-Shanghai High-Speed Railway: -0.19%, 1.63% [4]

Core Viewpoint - The Shanghai 180 ETF index fund (530280) has seen significant net inflows of nearly 11 million yuan over the past five trading days, indicating a bullish trend despite seasonal divergences among investors [1][2]. Fund Performance - As of March 26, 2025, the Shanghai 180 Index (000010) decreased by 0.31%, with mixed performance among constituent stocks [1]. - The Shanghai 180 ETF index fund (530280) has experienced a cumulative increase of 3.21% since its inception [1]. - The fund's latest price is 1.03 yuan, with a trading volume of 14.42 thousand yuan and a turnover rate of 0.55% [1]. Fund Inflows and Growth - The Shanghai 180 ETF index fund recorded a net inflow of 463.14 thousand yuan recently, totaling 1,079.77 thousand yuan over the last five trading days [2]. - The fund has seen a significant growth in scale, with an increase of 10.53 million yuan over the past week, ranking it 1st among comparable funds [1]. - The fund's shares increased by 10.50 million shares in the past week, also ranking 1st among comparable funds [1]. Market Sentiment and Outlook - Recent market sentiment shows increased divergence among investors, with concerns about the upcoming April decisions and potential adjustments in the market [5]. - Factors contributing to investor concerns include the decline in AI and robotics enthusiasm, uncertainty in Q1 earnings reports, and potential impacts from U.S. tariff policies [5]. - Despite these concerns, analysts believe that the April decisions may only cause minor disturbances, as historical data suggests that market pricing has already accounted for some of these risks [5].