On March 11, China Securities A500 ETF Southern Trading was active, with a turnover of 1.9 billion yuan as of press release. In terms of capital flow, it received a net subscription of 3.185 billion yuan in the past 60 days, with the latest share of 20.095 billion copies and a scale of 20.681 billion yuan. Shen Wan Hongyuan said that based on structural cows, preparations are being made for comprehensive cows. The market, which is supported by the release of domestic AI computing power performance, is on the rise. The explosion of domestic AI applications is still in the process of preparation, and it is inevitable that it will be realized later. A resonance between industry trends and policy support has formed. The macroeconomic environment has sufficient reserves for steady growth policies, and downside risks can be addressed. Macro liquidity easing is the direction, and the interpretation of a structural bullish market is the basic market. Overall cow conditions are becoming plentiful, but there are still some deficiencies. In terms of capital supply and demand, we are waiting for the profit effect to accumulate further; in terms of cyclical fundamentals, 25H2 may beat the optimistic expectations of the 2026 A-share profitability inflection point; the “China No. 1” level of optimistic expectations, focusing on subsequent Chinese-style innovation — leading Chinese AI applications, strategic standoff between China and the US — anticipated changes in China's strategic opportunities may ferment in 2026. According to data from the China Merchants Securities Fund Evaluation Center, the Southern Stock ETF has had the most accurate tracking in the past 10 years, ranking first in its class. Investors can use the China Securities A500 ETF Southern and its linked fund layout.

On March 11, China Securities A500 ETF Southern Trading was active, with a turnover of 1.9 billion yuan as of press release. In terms of capital flow, it received a net subscription of 3.185 billion yuan in the past 60 days, with the latest share of 20.095 billion copies and a scale of 20.681 billion yuan. Shen Wan Hongyuan said that based on structural cows, preparations are being made for comprehensive cows. The market, which is supported by the release of domestic AI computing power performance, is on the rise. The explosion of domestic AI applications is still in the process of preparation, and it is inevitable that it will be realized later. A resonance between industry trends and policy support has formed. The macroeconomic environment has sufficient reserves for steady growth policies, and downside risks can be addressed. Macro liquidity easing is the direction, and the interpretation of a structural bullish market is the basic market. Overall cow conditions are becoming plentiful, but there are still some deficiencies. In terms of capital supply and demand, we are waiting for the profit effect to accumulate further; in terms of cyclical fundamentals, 25H2 may beat the optimistic expectations of the 2026 A-share profitability inflection point; the “China No. 1” level of optimistic expectations, focusing on subsequent Chinese-style innovation — leading Chinese AI applications, strategic standoff between China and the US — anticipated changes in China's strategic opportunities may ferment in 2026. According to data from the China Merchants Securities Fund Evaluation Center, the Southern Stock ETF has had the most accurate tracking in the past 10 years, ranking first in its class. Investors can use the China Securities A500 ETF Southern and its linked fund layout.