As of 11:13 on April 8, 2025, the Shanghai Composite 180 Index (000010) rose 0.39%, the constituent stocks CRRC (601766) rose 7.99%, China Resources Micro (688396) rose 5.47%, China Communications Construction (601800) rose 5.18%, Shanghai Pudong Development Bank (600000) rose 5.18%, and Bloomage Biotech (688363) rose 4.54%. The SSE 180 ETF Index Fund (530280) rose more than 2% intraday and is now up 1.60%, with the latest price at 0.95 yuan.

In terms of liquidity, the SSE 180 ETF index fund changed hands by 8.98% intraday, with a turnover of 5.3775 million yuan. In the long run, as of April 7, the average daily turnover of the SSE 180 ETF index fund in the past one year was 8.176 million yuan.

In terms of scale, the latest scale of the SSE 180 ETF index fund reached 59.9383 million yuan, a new high in nearly January.

In terms of shares, the latest shares of the SSE 180 ETF index fund reached 62.934 million, a new high in nearly January.

From the perspective of net inflow of funds, the SSE 180 ETF index fund has received continuous net inflows in the past 10 days, with the highest net inflow of 6.1745 million yuan in a single day, with a total of 48.7528 million yuan and an average daily net inflow of 4.8753 million yuan.

Broad-based ETF with its own barbell allocation and the highest proportion of state-owned enterprises - SSE 180 ETF Index Fund: 90% dividend + 10% science and technology. The fund closely tracks the SSE 180 Index, which selects 180 securities with large market capitalization and good liquidity from the Shanghai Stock Exchange as a sample to reflect the overall performance of the securities of core listed companies in the Shanghai securities market.

Huajin Securities believes that external disturbance factors such as tariff policy and sharp adjustment of U.S. stocks will have a certain impact on A-shares in the short term, but positive factors in domestic policies and liquidity will support the strong performance of A-shares, and stable growth policies such as expanding domestic demand and boosting consumption are expected to be further introduced and implemented.

From the perspective of valuation, the latest price-to-earnings ratio (PE-TTM) of the SSE 180 Index tracked by the SSE 180 ETF index fund is only 10.28 times, which is at the quantile of 5.65% in the past 1 year, that is, the valuation is lower than 94.35% in the past 1 year, which is at a historical low.

The SSE 180 ETF Index Fund closely tracks the SSE 180 Index, which selects 180 securities with large market capitalization and good liquidity from the Shanghai Stock Exchange as a sample to reflect the overall performance of the securities of core listed companies in the Shanghai securities market.

According to the data, as of March 31, 2025, the top ten weighted stocks of the Shanghai Stock Exchange 180 Index (000010) are Kweichow Moutai (600519), Ping An of China (601318), Zijin Mining (601899), China Merchants Bank (600036), Hengrui Pharmaceutical (600276), Yangtze Power (600900), WuXi AppTec (603259), SMIC (688981), Beijing-Shanghai High-speed Railway (601816), and Industrial Bank(601166), the top 10 weighted stocks accounted for 25.09% of the total.

SSE 180 ETF Index Fund (530280), OTC Connect (Ping An SSE 180 ETF Connect A: 023547; Ping An SSE 180 ETF Connect C: 023548).