The new "National Nine articles" was reissued ten years later. Today, the core assets of A shares were greatly boosted. The CSI A50 index remained high throughout the day, and the market price of broad base A50ETF Warburg (159596), the core leader of CSI A50, closed up by 2%.Ultimatexpokerdoubledoublebonusstrategy.28%, outperforming major wide-base indices such as Shanghai 50, Shanghai and Shenzhen 300, and China Securities 500.

Judging from the trading situation, A50ETF Warburg (159596) shows two bright spots.Ultimatexpokerdoubledoublebonusstrategy:

First, the activity of trading increased significantly, and the transaction was completed throughout the day.Ultimatexpokerdoubledoublebonusstrategy44 billion yuan, surging by more than 20% over the previous trading day (April 12), ranking among the top of its kind

Second, the afternoon continued premium trading, indicating that buying funds are relatively strong, or there are large amounts of funds to "take advantage of the victory to chase".

It is worth noting that there has been an ambush on the left side of the funds A50ETF Warburg (159596) rebounded. Data show that as of April 12, A50ETF Warburg (159596) received a large net purchase for 5 consecutive days, with a total amount of 106 million yuan.

Judging from the performance of constituent stocks, stocks in the CSI A50 index tracked by A50ETF Warburg (159596) generally rose, among which the "Chinese prefix" giant was particularly outstanding. China Unicom, ZTE, China Construction and Sinopec all rose more than 4%. Core heavyweights also performed well, with Guizhou Moutai up 2.38%, Ningde era up 4.64%, and China Merchants Bank up 2.21%.

Picture: stocks in the CSI A50 Index rose by TOP10

There is no doubt that the "strongest" driving force for the dance of core assets is the new "National Nine articles" issued after a decade. On April 12, the State Council issued several opinions on strengthening supervision and preventing risks to promote the high-quality development of the capital market (the new "National Nine articles"), with the goal of strengthening supervision and preventing risks and promoting the high-quality development of the capital market. It is reported that this is the third "National Nine articles" issued by the capital market after a decade.

Citic Construction Investment Co., Ltd. pointed out that the release of "National Nine articles" is a new milestone in China's capital market. The A-share market has risen sharply after the first two "National Nine articles" have been released, and this "National Nine articles" may help the market out of slow cattle. Investment promotion strategy said that from the perspective of the interpretation of the market style, after the first two "National Nine articles" were promulgated, in the short term, the market style is relatively dominant.

Foreign investment also adds another fire to today's market.Ultimatexpokerdoubledoublebonusstrategy! By the close, northbound funds had made a net purchase of 8.1 billion yuan throughout the day. Core assets have always been favored by foreign investors, with data showing that the 50 stocks in the CSI A50 index together account for 40 per cent of the market capitalization of northward A-shares held by funds.

It is worth mentioning that the peripheral positive signals have been sent frequently in recent days.

Goldman Sachs strategists pointed out in the latest report that in view of the strong policy sensitivity and eye-catching liquidity dynamics of the A-share market, they are strategically optimistic about A-shares, and it is expected that A-shares and H-shares will have potential room to rise by 12% and 8% respectively in the next 12 months.

A number of foreign institutions, including Morgan Stanley, have issued reports pointing out that global funds are showing a trend of returning to the Chinese stock market. More than 90 per cent of emerging market funds are starting to increase their holdings in Chinese stocks, according to HSBC.

At the same time, the outlook of foreign institutions on China's economy is also improving. Recently, Goldman Sachs and Citigroup respectively issued reports that raised their forecasts for China's GDP growth rate for the whole of 2024. Among them, Goldman Sachs raised from 4.8% to 5.0% and Citi from 4.6% to 5.0%.

Optimistic about China's economic future, "refers to" the selection of A shares of the new "beautiful 50"! Public data show that the CSI A50 Index, passively tracked by A50ETF Huabao (159596), is the first A-share A50 index compiled by a domestic index company, which has unique strategic significance and compilation advantages:

New benchmark of ① core assets: CSI A50 gathers the most representative leading companies in various industries, focusing on A-share benchmark core assets.

② industry distribution balance: 50 constituent stocks come from 50 CSI tertiary industries, taking into account both traditional industries and new economy industries.

③ is in line with foreign preference: constituent stocks are the subject of interconnection, with 50 constituent stocks accounting for 40 per cent of the market capitalization of northward capital holdings in A shares.

The pictures and data are from the Shanghai and Shenzhen exchanges and Warburg Fund, and the market data are as of April 15, 2024.

Risk hint: the underlying index of A50ETF Warburg (159596) is the CSI A50 index, which has a base date of 2014.12.31 and a release date of 2024.1.2, and the composition of index stocks is timely adjusted in accordance with the rules governing the compilation of the index. In this paper, the index stocks are only displayed, and the individual stocks are not described as any form of investment advice, nor do they represent the position information and trading trends of any fund under the manager. The risk level of the fund assessed by the fund manager is R3-medium risk, which is suitable for investors with an appropriate rating of C3 or above. Any information that appears in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only and the investor is responsible for any discretionary investment behavior. In addition, any point of view, analysis and forecast in this article does not constitute any form of investment advice to the reader, nor is it liable for direct or indirect losses arising from the use of the contents of this article. Fund investment is risky, the past performance of the fund does not represent its future performance, and the performance of other funds managed by fund managers does not constitute a guarantee of fund performance, so fund investment should be cautious.