The market is positive, but success will not happen overnight. The A500ETF fund has received net purchases of 280 million yuan in the past five days.

On May 13th, the A500ETF fund saw active trading, with a increase of 0.11% as of the time of writing, with a trading volume of 2.3 billion yuan ranking first in its category. In terms of fund flows, it received a net purchase of 84.84 million yuan yesterday and a net purchase of 280 million yuan in the past five days. Huatai Securities stated that with the easing of tensions in Sino-US trade relations and the reduction of external risks driving positive momentum in the short term, the market may see an upward trend. However, the market will not rise immediately once the upward trend opens up. Continued upward movement in the market will require sustained improvement in macroeconomic fundamentals to provide stronger support. Galaxy Securities believes that the positive signal of the current agreement reached between the US and China releases a positive signal of easing tensions in Sino-US trade relations, reducing trade uncertainties and helping to cool off market risk aversion, boosting investor sentiment. Meanwhile, the potential pressure of trade friction on domestic economic growth has eased, and profit expectations of enterprises are expected to be revised upwards, especially for industries with high export dependencies, resulting in a significant improvement in the operating environment in the short term. This is expected to further drive the A-share market valuation repair. However, in the long term, the current agreement is a temporary result of US-China negotiations. The 24% tariff suspension will only be effective for 90 days, and the 20% tariff on fentanyl has not been cancelled yet. The trend of future tariff policy remains uncertain and volatile, requiring continuous close attention. Investors can leverage the A500ETF fund and its connected funds for investment.