As of 10:52 on April 8, 2025, the CSI A500 Index (000510) rose 0.20%, the constituent stocks China General Number (688009) rose 8.63%, CRRC (601766) rose 8.15%, Opai Home (603833) rose 7.97%, Tom Cat (300459) rose 6.35%, and Bishui (300070) rose 5.88%. A500ETF Fund (512050) rose 1.29%, and the latest price was 0.87 yuan.

In terms of liquidity, the A500ETF fund changed hands by 6.24% intraday, with a turnover of 1.043 billion yuan. In the long run, as of April 7, the average daily turnover of A500ETF funds in the past one year was 3.963 billion yuan, ranking first among comparable funds.

On the news side, when the market was close yesterday, Central Huijin announced that it was firmly optimistic about the development prospects of China's capital market, fully recognized the value of the current A-share allocation, and had once again increased its holdings of exchange-traded funds (ETFs), and will continue to increase its holdings in the future to resolutely maintain the smooth operation of the capital market. Following the announcement of Central Huijin Co., Ltd. to increase its holdings, on the night of April 7, China Chengtong and China Guoxin, two central enterprises, also issued announcements on increasing their holdings, firmly optimistic about the development prospects of China's capital market.

Liu Bing, member of the Executive Committee of China Galaxy Securities: Central Huijin has increased its holdings in the core broad-based index of the A-share market, which has strong market representativeness and investment value, and accommodates the main constituent stocks of Shanghai and Shenzhen and industry leaders. The increase in holdings can play a role in stabilizing the index and the broader market, and at the same time send a clear signal to the market to resolutely maintain the smooth operation of the capital market.

Wang Qing, Chief Macro Analyst of Oriental Jincheng: At a time when the global economic and trade environment is suddenly becoming more variable and the global financial market is volatile and volatile, the "national team" has taken timely action and released a strong policy signal, which can effectively guide market expectations, prevent market overshoot, and alleviate external shocks.

A500ETF Fund 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.

In terms of scale, the latest scale of the A500ETF fund reached 16.689 billion yuan.

From the perspective of valuation, the latest price-to-earnings ratio (PE-TTM) of the CSI A500 Index tracked by the A500ETF fund is only 13.36 times, which is at the quantile of 2.48% in the past 1 year, that is, the valuation is lower than 97.52% in the past 1 year, which is at a historical low.

According to the data, as of March 31, 2025, 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), BYD (002594), Industrial Bank (601166), Zijin Mining (601899), and Oriental Wealth(300059), the top 10 weighted stocks accounted for 20.89% of the total.

A500ETF Fund (512050), OTC Connect (ChinaAMC CSI A500ETF Connect A: 022430; ChinaAMC CSI A500ETF Connect C:022431; ChinaAMC CSI A500ETF Connect Y:022979), related index funds (ChinaAMC CSI A500 Index Enhanced A:023619; ChinaAMC CSI A500 Index Enhanced C: 023620).