Oversold high-quality assets see a repair opportunity; Huatai-PineBridge CSI 300 ETF rises 1.25% at midday, with turnover of 8.897 billion yuan.

On November 2, as of the midday close, Huatai-PineBridge CSI 300 ETF rose 1.25%, with a turnover of 8.897 billion yuan. Among its heavyweight holdings, CATL rose more than 4%, while Zhongji Innolight and Kweichow Moutai rose more than 3%, with Eoptolink, Ping An Insurance and others also gaining. In terms of fund inflows, the fund has received net subscriptions for 12 consecutive days, with net inflows of 58.984 billion yuan over the period. Its latest scale reached 157.8 billion yuan, firmly ranking first among non-money-market ETFs and highlighting its liquidity advantage. Guosen Securities stated that entering November, the probability of a marginal easing in the overseas monetary environment has increased. If the US dollar and US Treasury yields peak and pull back, this will open room for valuation repair in emerging market equities, and foreign risk appetite is expected to see marginal improvement. The domestic policy tone of stabilizing growth and moderate easing continues, with fiscal and monetary policy working in tandem. Coupled with the continuous improvement of the capital market's basic systems, this will help consolidate the liquidity and confidence foundation for the medium-term performance of A-shares. In addition, after the conclusion of third-quarter earnings disclosures, earnings delivery may become the core anchor for fund stock selection, and structural directions with genuine profit support are more likely to achieve excess returns; the market may gradually complete a style rebalancing amid fluctuations, and oversold high-quality assets are ushering in repair opportunities. In terms of product fees, the management fee rate and custody fee rate of Huatai-PineBridge CSI 300 ETF are 0.15% per year and 0.05% per year, respectively, the lowest fee structure among equity index products in the current A-share market. Investors can use it to gain one-click exposure to A-share core assets and capture the year-end investment window through balanced allocation.