The period when emotions have the greatest impact may have passed, and the South A500ETF is strategically positioning in high-quality assets in China.

On March 10th, the Southern A500ETF rose by 1.49% with a trading volume of 7.241 billion yuan. Guotai Junan Securities stated that external disturbances may gradually weaken and the market performance is worthy of expectation. Although there is still high uncertainty in the trend of the Middle East conflict, for the domestic market, the period where emotional impact is the greatest may have passed, and the future market may return to its own rhythm. In the medium to long term, it is recommended to focus on two main themes: growth and pro-cyclical industries. Growth will benefit from the continued high demand in industries and investors' increasing risk appetite during the spring market. Focus on areas like humanoid robots and AI. Pro-cyclical industries will mainly benefit from strong commodity prices and policy support, focusing on areas related to resources and offline services that are expected to continue rising. Guosen Securities pointed out that the policy logic of the A-share market has shifted from "unconventional counter-cyclical adjustment" to emphasizing "quality and efficiency improvement", and the market logic has shifted from valuation recovery to profit recovery, with funds shifting to "institutionalized long-term investment". The current market style is converging, the pace of index upward movement is slowing down, which may help the market go further, and the first "slow bull market" in A-share history may begin. Investors can use the Southern A500ETF to easily invest in high-quality Chinese assets.