As of 13:59 on April 7, 2025, the Shanghai Composite 180 Index (000010) fell by 6.63%. In terms of constituents, Roborock (688169) led the decline by 18.22%, Trina Solar (688599) fell by 16.16%, ZKTeco Technology (688777) fell by 15.25%, JinkoSolar (688223) fell by 14.47%, and Montage Technology (688008) fell by 12.82%. The SSE 180 ETF Index Fund (530280) fell 6.39%, with the latest price of 0.95 yuan, and the intraday turnover has reached 1.1269 million yuan, with a turnover rate of 2.07%.

In terms of scale, the latest scale of the SSE 180 ETF index fund reached 59.3339 million yuan, a new high in nearly January. In terms of shares, the latest shares of the SSE 180 ETF index fund reached 58.434 million, a new high in nearly January.

From the perspective of net inflow of funds, the SSE 180 ETF index fund has received continuous net inflows in the past 9 days, with the highest net inflow of 6.1745 million yuan in a single day, with a total of 44.5535 million yuan and an average daily net inflow of 4.9504 million yuan.

Broad-based ETF with its own barbell allocation and the highest proportion of state-owned enterprises - SSE 180 ETF Index Fund: 90% dividend + 10% science and technology. The fund closely tracks the SSE 180 Index, which selects 180 securities with large market capitalization and good liquidity from the Shanghai Stock Exchange as a sample to reflect the overall performance of the securities of core listed companies in the Shanghai securities market.

Founder Securities believes that at a time when the global market is turbulent in this tariff haze, the A-share market may be expected to come out of the independent market and perform better than other global markets as a whole. The main logic includes: First, although external demand is under pressure in the short term, the economic trend remains unchanged. Second, the valuation of A-shares is low, and the cost performance of equity assets is outstanding. Third, the quality of listed companies has been steadily improved, and the micro foundation has been consolidated. Fourth, dividend repurchases continue to increase and improve investor returns. Fifth, the continuous inflow of patient capital helps the healthy development of the market.

According to the data, as of March 31, 2025, the top ten weighted stocks of the Shanghai Stock Exchange 180 Index (000010) are Kweichow Moutai (600519), Ping An of China (601318), Zijin Mining (601899), China Merchants Bank (600036), Hengrui Pharmaceutical (600276), Yangtze Power (600900), WuXi AppTec (603259), SMIC (688981), Beijing-Shanghai High-speed Railway (601816), and Industrial Bank(601166), the top 10 weighted stocks accounted for 25.09% of the total.

SSE 180 ETF Index Fund (530280), OTC Connect (Ping An SSE 180 ETF Connect A: 023547; Ping An SSE 180 ETF Connect C: 023548).