A-shares hit a strong start in May, with the A500ETF fund rising by 4%.

On May 6th, the A-share market welcomed a "good start" after the holiday. As of the time of writing, the A500ETF fund rose by 1.42%, with a trading volume of 24.23 billion yuan. CITIC Securities stated that amidst overseas disturbances, prices of global mainstream risk assets have basically returned to their starting point, indicating that "trading facts, not expectations" should be the first principle for dealing with uncertainty. Looking ahead to May, it is anticipated that there is still room for a rebound in risk appetite, with A-shares continuing to show characteristics of risk preference warming up and thematic rotation. The focus will be on trading opportunities in themes with low institutional holdings. Guotai Junan Securities stated that in the future, China's stock market risk premium is expected to systematically decrease, with the lowering of risk-free rates and reforms in the capital market system becoming key forces for increasing market participation. They continue to have a positive outlook on A-shares and recommend taking advantage of the opportunity to go long. Investors can consider utilizing the A500ETF fund and its associated funds for investment layout.