Yesterday, A-shares rose and fell, the three major indexes diverged, the Shanghai Composite Index recorded four consecutive rises back to 3,300 points, the ChiNext index fell back in the afternoon to close down 0.53%, and the turnover of the two cities exceeded one trillion yuan for the 16th consecutive trading day. In the direction, the concept of aerospace and low-altitude economy is hot, the national defense and military industry led the two cities throughout the day, and individual stocks set off a rising tide; Other popular tracks such as fintech, artificial intelligence, and consumer electronics continued to pull back.

As of the close of trading on October 23, 2024, the CSI A500 Index (000510) rose 0.42%, the constituent stocks Daqo Energy (688303) rose by 20cm, Nandu Power (300068) rose by 18.04%, and Shanghai Electric (601727), China Great Wall (000066), and Kuang-Chi Technology (002625) had a 10cm daily limit. CSI A500ETF Invesco (159353) closed up 0.31%, achieving four consecutive gains, with a turnover of 560 million yuan and a turnover rate of 14.47%, and the market was actively traded.

In terms of share, the latest share of CSI A500ETF Invesco reached 4.064 billion, a new high since its establishment. From the perspective of net inflow of funds, CSI A500ETF Invesco has received continuous net inflows of funds in the past 7 days, with a total of 1.978 billion yuan.

Recently, the Invesco Great Wall CSI A500ETF Feeder Fund was approved and will start issuing on October 25. The approval and issuance of the feeder fund will provide OTC investors with a new allocation option for broad-based index beta upgrades.

CSI A500ETF Invesco closely tracks the CSI A500 Index, which selects 500 securities with large market capitalization and good liquidity from various industries as index samples to reflect the overall performance of the securities of the most representative listed companies in each industry.

According to the data, as of September 30, 2024, the top ten weighted stocks of the CSI A500 Index (000510) are Kweichow Moutai (600519), CATL (300750), Ping An of China (601318), China Merchants Bank (600036), Midea Group (000333), Yangtze River Power (600900), Wuliangye (000858), Zijin Mining (601899), Industrial Bank (601166), BYD ( 002594), the top 10 weighted stocks accounted for 21.03%.

It is understood that the CSI A500 Index is a core broad-based index with a high amount of "new", focusing on the layout of "new quality productivity", which can better reflect the industrial development context under high-quality economic development. Wind data shows that the CSI A500 Index accounts for nearly 50% of the industrial, information technology, communication services, medicine and health sectors that represent new quality productivity, and is expected to become the core broad-based index with the highest proportion of new quality productivity, helping investors efficiently allocate A-share core assets.

Chen Guo, chief strategy officer of China Securities Construction Investment, said: The A500 index is a very noteworthy index. Look for an equilibrium point that doesn't over-weight traditional high-quality sectors, and doesn't reflect too much on the technology sector with more uncertainty and higher volatility. If you are not sure where the growth point of the emerging economy is, or what single industry is the most dominant, you can consider the A500 index, which is a "steady progress" option.

CSI A500ETF Invesco (159353) to deploy more comprehensive A-share core assets at low cost with one click. OTC investors can pay attention to the upcoming Invesco Great Wall CSI A500ETF Feeder Fund (Class A: 022444, Class C: 022445).