On August 29, A-shares strengthened amid early session fluctuations, with sectors such as new energy, non-ferrous metals, and food & beverage catching up from lower levels. The A500ETF Fund (512050), which tracks the CSI A500 Index, rose over 1% during the session. Holdings like Lead Intelligent hit a 20% limit-up, while Yinghe Technology and Contemporary Amperex Technology (CATL) rose over 10%. Guoxuan High-Tech and Huahai Pharmaceutical were among multiple stocks that hit the limit-up. As of 11:23, the A500ETF Fund (512050) was up 0.72%, with turnover exceeding RMB 3.9 billion, far ahead of its peers and ranking first.
Wanlian Securities stated that based on half-year earnings data as of August 25, most companies achieved year-on-year growth in net profit attributable to parent company shareholders, with leading companies performing notably well. Corporate profitability is expected to gradually recover. In the capital market, confidence rebounded significantly in August, with policies targeting anti-involution driving a recovery in industry chain sentiment, while the technology and growth sectors continued to gain traction. Benefiting from improved market risk appetite, the TMT sector led in capital inflows, and multiple sub-sectors in pharmaceuticals and mechanical equipment gained market attention, whereas the dividend style experienced a pullback. With increased trading activity and active leveraged funds, A-share market liquidity is expected to continue improving.
The next-generation core broad-based A500ETF Fund (512050) helps investors capture market opportunities and deploy into A-share core assets with a single click. The ETF tracks the CSI A500 Index, employing a dual strategy of balanced sector allocation and top-tier stock selection. It covers all 35细分 industries under the CSI classification, blending value and growth attributes. Compared to the CSI 300, it overweight AI产业链, pharmaceuticals and biotechnology, power equipment and new energy, defense and military industry, and other new productive forces sectors, embodying a natural barbell investment structure.
