A-shares rallied this afternoon. Among the sectors, energy metals, optical modules, insurance, and banking led the gains, while gas, real estate, and internet sectors declined. As of 14:50, the CSI A500 Index and the ChiNext Index both rose by 0.4%. Related products attracted capital attention, with A500ETF E Fund (159361) and ChiNext ETF (159915) seeing net subscriptions of 87 million units and 12 million units, respectively, during the session.

China Galaxy Securities stated that as the year-end approaches, institutional allocations may become more balanced, and preparations are being made for next year's growth directions. It is expected that the year-end market will remain volatile. As the pace of subsequent policy implementations becomes clearer, the logic of anti-involution sectors under the expectation of rising prices is well-defined. The industrial trends and performance of the tech sector are entering a verification phase, and the medium- to long-term upward trend of the A-share market remains unchanged.

The CSI A500 Index consists of 500 stocks with large market capitalizations and good liquidity across various industries, emphasizing sector balance and the selection of leading companies, with a relatively high proportion of emerging industries. The ChiNext Index comprises 100 stocks with large market capitalizations and good liquidity on the ChiNext board, with the combined weight of AI hardware and the new energy industry chain exceeding 60%.

A500ETF E Fund (159361) and ChiNext ETF (159915) track the above indices, respectively, and both implement the lowest tier of management fees among ETFs at 0.15% per year, providing investors with diversified options to build a balanced investment portfolio.