5月13日，三大指数集体高开，沪指高开0.50%，深成指高开0.98%，创业板指高开1.29%，消费电子、 港口航运等板块指数涨幅居前。 相关ETF中，截至发稿，A500指数ETF（159351）涨0.41%，成交额超1亿元。成分股中，大全能源涨超 17%，通威股份、航天电子、新产业、蓝色光标等多股跟涨。 国泰海通证券表示，接下来，中国股市风险溢价有望系统性下移，而无风险利率下降与资本市场制度改 革将成为增量入市的关键力量，接下来，继续看好A股，把握做多窗口期。 （本文机构观点来自持牌证券机构，不构成任何投资建议，亦不代表平台观点，请投资人独立判断和决 策。） 资金流向上，Wind金融终端数据显示，A500指数ETF（159351）昨日获超3100万元资金净流入，该 ETF近5个交易日有4个交易日获资金净流入，累计"吸金"近1.3亿元。 A500指数ETF（159351）紧密跟踪新一代标杆指数中证A500指数，该指数优选各行业市值代表性强、 表征行业龙头的500只股票，兼顾大市值的同时均衡覆盖A股各行业核心龙头资产。此外，该指数在电 子、电力设备、医药生物、计算机等行业权重较大，成长属性更强。A500指数ET ...

Group 1 - Major stock indices opened significantly higher on May 7, with financial and real estate sectors leading the gains [1] - The A500 Index ETF (159351) rose by 0.84%, with trading volume quickly surpassing 320 million yuan, and several constituent stocks, including Xingyuan Material and Maiwei Co., saw gains exceeding 6% [1] - The A500 Index ETF closely tracks the CSI A500 Index, which selects 500 stocks representing strong market capitalization across various industries, balancing large-cap stocks while covering core leading assets in A-shares [1] Group 2 - The People's Bank of China announced a 0.5 percentage point reduction in the reserve requirement ratio, expected to provide approximately 1 trillion yuan in long-term liquidity, along with a 0.1 percentage point cut in policy interest rates [1] - Huatai Securities expressed optimism for the Chinese stock market, anticipating a systematic decline in risk premiums and highlighting the importance of decreasing risk-free rates and capital market reforms as key drivers for new market entrants [1] Group 3 - Minsheng Securities noted that macroeconomic volatility in 2025 will lead to frequent market style shifts, urging investors to focus on the establishment of long-term mechanisms, including the cultivation of new external and internal demand [2] - The consumption sector, including tourism, dairy, food, and beer, is expected to benefit from the development of domestic demand, while resource products and capital goods will gain from the restructuring of global economic order [2] - Low-valuation financial sectors (banks, insurance) and the coal industry are seen as defensive, with ongoing support for intermediate and capital goods demand from the replenishment of manufacturing in Europe and the U.S. [2]