On May 23, as of 10:03, the A50ETF Warburg (159596) fell 0safarimegaways.87%, with a turnover of 52.8642 million yuan.
In terms of constituent stocks, Changjiang Power (600900) rose 1%,safarimegawaysGroup (000333) rose 0.14%. Zijin Mining (601899) fell 3.04%, China Merchants Bank (600036) fell 1.5%, CITIC Securities (600030) fell 1.35%, Hengrui Pharmaceutical (600276) fell 1.22%, and all other stocks also fell green.
On May 20, the Ministry of Finance released the fiscal revenue and expenditure for April 2024. Data shows that from January to April, the national general public budget revenue reached 8.0926 billion yuan, a year-on-year decrease of 2.7%. After deducting the impact of special factors, the comparable growth was about 2%. From January to April, the national general public budget expenditure reached 8.9483 billion yuan, a year-on-year increase of 3.5%, and the growth rate was 0.6 percentage points higher than the first quarter. Overall, from January to April, fiscal revenue maintained a restorative growth trend, and fiscal expenditure further accelerated.
Warburg Securities pointed out that since 2024, white horse stocks have once again turned into "dark horses", significantly outperforming all A shares and small-cap stocks. Combined with factors such as valuation, style switching, macro environment changes and policy orientation, the counterattack of core assets represented by white horse stocks is not a short-term factor, and "returning to core assets" still has a good medium-and long-term allocation logic.
According to public information, the A50ETF Huabao (159596) and its over-the-counter linked funds (Class A 021216/Class C 021217) passively track the China Securities A50 Index, which brings together core leaders in the A-share industry. The 50 constituent stocks come from 50 China Securities third-level industries, comprehensively characterizing the benchmark core assets of A-shares! To be long in China, the A50 is the first choice.