On the afternoon of February 20, 2024, the three major A-share indexes** were adjusted, the concept of brain-computer interface rose in a straight line, the MSCI China A50 Connect Index fell slightly, and its constituent stocks Industrial Fortune Union rose by more than 8%, and Muyuan Shares, WuXi AppTec, Zijin Mining, etc. rose highly.
Soochow** believes that the mitigation of liquidity risks catalyzed by policies is expected to have a positive reflection on fundamentals and protect the valuation of core assets; Subsequently, the trend decline in U.S. bonds and the efforts of domestic policies will lead to the narrowing of the nominal growth gap between China and the United States, and the expectation of fundamental recovery is expected to increase, thereby driving the valuation of core assets to repair.
The constituent stocks of the MSCI China A50 Connect Index include the leading targets in various segments. The top 10 constituent stocks cover Kweichow Moutai, CATL and other A** high-recognizable leading white horse stocks, involving many core areas such as consumer goods, industry, raw materials, information technology, and finance, and have a wide range of representatives.
Related products: A50ETF (159601) one-click package of 50 leading assets in 11 industries**, covering the performance of core leading assets in the A** market in a balanced manner. The PE (TTM) that currently tracks the index is at 15 in the last five yearsThe quantile of about 33% highlights the valuation cost performance. (OTC Connect** A: 014530; c：014531）
The above content and data have nothing to do with the position of the interface and do not constitute investment advice. Do so at your own risk.