In early trading on May 24, the three major indexes collectively opened lower and then turned red. As of 10:23, the A50ETF Huabao (159596) fell 0.100handvideopokerfree.49%, with a turnover of 71.4613 million yuan.
Constituent stocks were mixed. Midea Group (000333) led the gains, Changjiang Power (600900) followed suit, BYD (002594) fell nearly 2%, and China Merchants Bank (600036) and Hengrui Pharmaceutical (600276) followed suit.
On May 22, in order to implement the "Several Opinions of the State Council on Strengthening Supervision and Preventing Risks and Promoting High-Quality Development of the Capital Market"(referred to as the New "National Nine Articles") and the "1+N" policy system of the capital market, the Shanghai Municipal Party Committee Financial Office, Shanghai Securities Regulatory Bureau and Shanghai Stock Exchange jointly held the "Shanghai Mobilization and Deployment Meeting for Implementing the New 'National Nine Articles'". Xie Dong, Vice Mayor of Shanghai City, attended the meeting and delivered a speech. Zhou Xiaozhou, Director of the Comprehensive Business Department of the China Securities Regulatory Commission, delivered a speech. Qiu Yong, Secretary of the Party Committee and Chairman of the Shanghai Stock Exchange, and Wang Ping, Deputy Secretary-General of the Shanghai City Government, attended the meeting.
Wang Hong, deputy general manager of the Shanghai Stock Exchange, said that the Shanghai Stock Exchange adheres to its sector positioning, the main board will further highlight the blue-chip characteristics of the market, and the Science and Technology Innovation Board will further highlight the hard technology characteristics. The Shanghai Stock Exchange will also promote the construction of the market sector, guide the optimal allocation of resources, promote the development of new quality productivity, and more effectively serve the construction of key areas of the national economy and the modern industrial system.
China Merchants Securities said that since the beginning of this year, the rotation speed of industries and mainlines has accelerated significantly, and the range of excess returns of industries and mainlines has narrowed significantly. However, behind the rotation of the industry and the main line, there is a dark line that has steadily increased excess returns: against the background of stable economic profits, accelerated improvement of corporate free cash flow, and intensified asset shortages, leaders with high ROE and high FCF can become stable and dominant. Style strategy.
According to public information, the A50ETF Huabao (159596) and its over-the-counter linked funds (Class A 021216/Class C 021217) passively track the China Securities A50 Index, which brings together core leaders in the A-share industry, and the 50 constituent stocks come from 50 China Securities third-level industries, comprehensively characterizing the benchmark core assets of A-shares100handvideopokerfree! To be long in China, the A50 is the first choice.
