Group 1 - A-shares indices opened significantly higher today, with high free cash flow assets performing strongly, including stocks like Zhenhua Heavy Industries, Laibao High-tech, Tailong Co., Laofengxiang, and Hisense Home Appliances, all rising over 3% [1] - The news conference by the State Council Information Office introduced a "package of financial policies to support market stability and expectations," including plans to approve 60 billion yuan for long-term investments by insurance funds and adjustments to solvency regulatory rules, reducing stock investment risk factors by 10% [1] - The China Securities Regulatory Commission (CSRC) will promote the entry of medium- and long-term funds into the market, focusing on improving corporate governance and performance while increasing the scale and proportion of various long-term funds [1] Group 2 - The E Fund Free Cash Flow ETF (159222) tracks the Guozheng Free Cash Flow Index, which is primarily distributed across the automotive, home appliance, oil and petrochemical, and coal industries [2] - The index categorizes companies into two main types: low-valuation cyclical assets like oil and petrochemicals, and high-quality assets primarily in the automotive and home appliance sectors, focusing on companies with stable fundamentals and business models [2]

易方达基金指数研究部总经理庞亚平表示，过去十年，A股自由现金流比率高的公司股价走势不断创新 高，高自由现金流比率组合具有较为显著的超额收益，国证自由现金流ETF等相关产品的推出，有助于 满足投资者多样化的配置需求。 另有观点认为，企业如果拥有较高稳健的自由现金流，不仅代表其有较强的分红能力，也表示企业可以 进行回购或再投资。 据了解，包括易方达基金在内的多家基金公司竞相布局自由现金流相关的指数基金。有报道称，目前已 有超40只自由现金流指数跟踪产品上报，并且上报还在持续。这些产品分别跟踪国证自由现金流、富时 中国A股自由现金流和沪深300自由现金流等多个指数。 其中，自由现金流ETF易方达（159222）跟踪的国证自由现金流指数，是国内首个以自由现金流为核心 选股策略的指数，它从全市场筛选出100只自由现金流质量高、稳定性强的股票，并通过季度调仓动态 优化组合。 目前，该指数的前十大权重股分别为：美的集团、中国海油、中国铝业、中煤能源、潍柴动力、上海电 气、振华重工、浙江龙盛、天山铝业和中国动力，合计权重占到57.24%。 据Wind数据，截至4月16日，该指数自基日（2012/12/31）以来累计上涨335 ...