On November 10th, the three major A-share indices opened slightly higher, with concepts like lithium battery, chemical raw materials, and memory performing actively. As of 9:33, the A500ETF Fund (512050) rose 0.34%, with holdings such as Do-Fluoride New Materials, Luxi Chemical Group, Lion Microelectronics, Ingenic Semiconductor, and Yoke Technology leading the gains.

Capital is accelerating its deployment in A-share core assets. Over the past 10 trading days, the most active A500ETF Fund (512050) of its kind received net subscriptions of 27.68 billion yuan.

On the news front, the National Bureau of Statistics announced that in October, policies and measures such as expanding domestic demand continued to show effects, coupled with the boost from the National Day and Mid-Autumn Festival holidays. The CPI increased by 0.2% month-on-month and 0.2% year-on-year. The core CPI, which excludes food and energy prices, increased by 1.2% year-on-year, marking the sixth consecutive month of expanding growth. Influenced by factors including improved supply-demand relationships in some domestic industries and the transmission of international commodity prices, the PPI turned from flat last month to a 0.1% increase month-on-month, the first increase this year. Year-on-year, it decreased by 2.1%, with the decline narrowing by 0.2 percentage points from the previous month, the third consecutive month of narrowing.

Looking ahead at A-share investment, Galaxy Securities analysis suggests that within the sector rotation market, the hidden main theme might be the narrative for the year-end market. The market is building momentum for a new upward trend. The third-quarter reports of listed companies demonstrated fundamental resilience, with prominent structural highlights. The draft "Proposal" for the 15th Five-Year Plan emphasizes high-quality development and technological self-reliance and self-improvement, requiring enhanced macroeconomic governance efficiency. As the pace of subsequent policy implementation becomes clearer, the logic of the anti-involution sector is clear under the expectation of rising prices. The industrial trends and performance of the main tech theme are entering a verification phase. The medium to long-term positive trend of the A-share market remains unchanged.

The new generation core broad-based A500ETF Fund (512050) and A500 Enhanced ETF Fund (512370) help investors deploy in A-share core assets with one click. This ETF tracks the CSI A500 Index, adopting a dual strategy of balanced industry allocation and leading stock selection. It covers all 35 CSI sub-sectors, integrating value and growth attributes. Compared to the CSI 300, it overweight sectors representing new quality productive forces like the AI industry chain, medical biology, power equipment, and new energy, possessing natural barbell investment characteristics. Off-site connection (Class A: 022430; Class C: 022431).