The upward trend of the Chinese stock market is far from over, as the Southern A500ETF has risen by 8.1% in the past ten days.

On April 20th, the trading activity of the A500ETF South was active, with a shareholding of 0.54% as of the deadline, and a trading volume exceeding 55 billion yuan. The A500ETF South has increased by 2.5% in the past five days, 8.1% in the past ten days, and has increased by over 5% so far this year. Guotai-Haitong Securities stated that the upward trend in the Chinese stock market is far from over, and the Chinese stock market is expected to reach new highs in the future. The overseas turmoil in 2026 reflects the advantages of China's industry. Whether in terms of technological advancement or global manufacturing trends, the international community will once again recognize and reevaluate Chinese assets. The Chinese stock market will not stop here, maintain confidence. Huatai Securities stated that short-term market trends may face some disruptions. On one hand, the two-week ceasefire window expires, the confirmation hearing for the nominee for Federal Reserve chairman, Jerome Powell, is held, and there may be a temporary decline in global risk appetite. On the other hand, the differentiation coefficient of A-share valuations has reached a historical high range, and there is a possibility of increased profit-taking pressure on grouped varieties, as well as a potential for temporary rebalancing of styles. In terms of allocation, it is recommended to control positions and rotate within the economic clues, with a focus on industries like the computing power chain that have a consistent trend but may face short-term profit-taking pressure, and pay attention to booming directions such as the new energy chain and export chain with relatively low overcrowding. Data shows that the China 500 ETF South closely tracks the CSI A500 Index, covering high-quality large and mid-cap companies in emerging manufacturing, consumer upgrades, and other core sectors, with a focus on new production forces. Investors can use the A500ETF South and its connected funds to easily allocate their portfolios.