As of 10:30 on April 10, 2025, the CSI 500 Quality Growth Index (930939) rose 3.77%, the constituent stocks Shenghong Technology (300476) rose 11.84%, Ruijie Network (301165) rose 11.80%, Jereh (002353) rose 10.01%, Bethel (603596), Jin Chengxin (603979) and other stocks followed suit. 500 Quality Growth ETF (560500) rose 3.89%, and the latest price was 0.91 yuan. (The stocks listed above are constituent stocks of the index and are for illustrative purposes only and are not recommended as individual stocks.) Past holdings do not represent the future investment direction of the fund, nor do they represent specific investment advice, and the investment direction and specific holdings of the fund may change. The market is risky, and investors need to be cautious. )

On April 10, local time, U.S. President Trump announced a decision that triggered violent volatility in the global market through social media: a 90-day moratorium on reciprocal tariffs on more than 75 countries, and a significant reduction in the tax rate to 10%, effective immediately.

Galaxy Securities believes that from the perspective of global economy and industry development, the impact of these "reciprocal tariff" measures on the technology industry is complex and multifaceted. First of all, for the United States itself, the imposition of tariffs can be. In the short term, it will protect some of the local technology industry from the competitive pressure of imported products, but in the long run, such protectionist measures may weaken the innovation momentum and market competitiveness of US technology companies. In addition, tariffs may trigger countermeasures from trading partners, further exacerbating global trade tensions, leading to disruptions or disruptions in the technology industry chain, and increasing operating costs and uncertainty for companies. For technology companies in affected countries such as China, on the one hand, they may face challenges such as limited export markets and rising tariff costs; On the other hand, it may also prompt these countries to accelerate the pace of independent scientific and technological innovation and industrial upgrading, reduce their dependence on the US market, and seek new market opportunities and development paths.

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CSI 500 Quality Growth Index selects 100 securities of listed companies with high profitability, sustainable profits, abundant cash flow and growth from the CSI 500 Index sample as index samples to provide investors with diversified investment targets.

According to the data, as of March 31, 2025, the top ten weighted stocks of the CSI 500 Quality Growth Index (930939) are Chifeng Gold (600988), No. 9 Company (689009), Crystal Optoelectronics (002273), Victory Giant Technology (300476), Western Mining (601168), Dong'e Ejiao (000423), Jingchen (688099), Kaiying Network (002517), Shenzhou Taiyue (300002), Hongfa shares (600885), the top ten weighted stocks accounted for 24.26%.

(The stocks listed above are constituent stocks of the index and are for illustrative purposes only and are not recommended as individual stocks.) Past holdings do not represent the future investment direction of the fund, nor do they represent specific investment advice, and the investment direction and specific holdings of the fund may change. The market is risky, and investors need to be cautious. )

500 Quality Growth ETF (560500), OTC Connect (Pengyang CSI 500 Quality Growth ETF Connect A: 007593; Pengyang CSI 500 Quality Growth ETF Connect C: 007594).

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