5月14日早盘，A股三大指数弱势震荡。主流宽基ETF中，A500指数ETF（159351）走势震荡，截至发 稿，成交总额13.57亿元，换手率9.43%，盘中交投活跃。成分股中，中远海发涨超9%，生益科技、新 易盛涨超5%，盛和资源、中国稀土、亿纬锂能等跟涨。 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、计算机等行业权重更大，成长属性更强，实现了"核心资产"与"新质生产 力"的双轮驱动。A500指数ETF（159351）还配备了场外联接基金（A类022453；C类022454）。 华金证券表示，近期A股震荡偏强的核心驱动因素可能进一步加强。首先，政策和流动性宽松是A股"五 一"节后走强的主要驱动因素，此次超预期大幅降低加征关税可能进一步加大美联储降息和人民币升值 的预期，对流动性宽松预期有利。其次，风险偏好改善是推动近期走势偏强的另一个核心因素。 申万宏源表示，维持科技景气方向的战略看好。短期，A股震荡中枢抬升，长期重启A股结构牛， ...

Group 1 - The three major indices opened lower but showed strong recovery, with the ChiNext Index rising over 1%, the Shanghai Composite Index up 0.22%, and the Shenzhen Component Index up 0.45% [1] - The A500 Index ETF (159351) experienced a significant inflow of funds, accumulating over 100 million yuan in net inflow over the past two trading days [1] - The A500 Index ETF closely tracks the new benchmark index, the CSI A500 Index, which selects 500 stocks representing strong market capitalization across various industries, with a focus on core leading assets in A-shares [1] Group 2 - Short-term A-share market is at a critical juncture, with recent policy layouts and performance verification periods just passed, while external demand pressures may gradually emerge [2] - The consumption recovery trend has been observed, and the first quarter reports have reinforced the performance improvement trend in technology [2] - The market is expected to experience an upward impulse, with financial easing and stable capital market policies contributing to maintaining short-term risk appetite [2]