--- title: "Domestic consumption data warms up, ChinaAMC CSI 1000 ETF adjusts in early trading, focusing on low-crowded growth tracks" type: "News" locale: "en" url: "https://longbridge.com/en/news/279207478.md" description: "On March 16th, the three major A-share indices collectively fell, with the ChinaAMC CSI 1000 ETF dropping by 1.51%. Consumer data showed signs of recovery, with commodity consumption increasing by 5.7% year-on-year. Caitong Securities pointed out that the Middle East conflict may drive up oil prices, affecting global asset pricing, and recommended adopting the \"HALOPLUS\" strategy, focusing on low-crowded growth directions" datetime: "2026-03-16T05:09:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279207478.md) - [en](https://longbridge.com/en/news/279207478.md) - [zh-HK](https://longbridge.com/zh-HK/news/279207478.md) --- # Domestic consumption data warms up, ChinaAMC CSI 1000 ETF adjusts in early trading, focusing on low-crowded growth tracks As of near noon on March 16, the three major A-share indices collectively fell, with the Shanghai Composite Index down 1.05%. As of 11:13, the ChinaAMC CSI 1000 ETF (159845.SZ) was down 1.51%. Among other broad-based indices, the SSE 50 fell 0.85%, the CSI 300 fell 0.90%, and the CSI 500 fell 2.02%. In terms of individual stock performance, among the top 50 weighted stocks in the CSI 1000 Index, the top gainers included Chunzhen Technology up 6.87%, Fulian Precision up 2.83%, Demingli up 2.64%, and Zejing Pharmaceutical up 2.56%; however, DaJin Heavy Industry and Huayu Mining performed poorly, with changes of -6.17% and -5.18%, respectively. From an industry perspective, among the major sectors in the CSI 1000 Index, electronics fell 1.08%, power equipment fell 0.95%, pharmaceuticals and biology rose 0.02%, computers fell 1.02%, and machinery and equipment fell 2.12%. According to the National Development and Reform Commission's National Information Center's Big Data Development Department, in January and February of this year, several high-frequency data points such as consumption and investment showed a rebound. In terms of consumption, commodity consumption and service consumption grew by 5.7% and 1.1% year-on-year, respectively. Consumer big data shows that offline consumption vitality is steadily being released. In January and February, the offline payment amount for various types of consumption increased by 3.8% year-on-year, up 2.9 percentage points from December last year, with commodity consumption and winter consumption growing by 57% and 1.1% year-on-year, respectively, up 4.4 and 0.7 percentage points from December. Caitong Securities stated that historical experience shows that escalations in Middle Eastern conflicts typically drive up oil prices and transmit inflation, disrupting global asset pricing; currently, U.S. inflation is sticky, and interest rate cut expectations are weak. If the risks in the Strait of Hormuz persist and oil prices remain high, it may exacerbate U.S. inflationary pressures, constrain the Federal Reserve's easing space, and suppress market risk appetite, leading to a phased impact on global liquidity and equity assets. In the context of liquidity disturbances and pressure on risk appetite, it is advisable to adopt the "HALOPLUS" strategy in allocation - defensive HALO cash flow + offensive low-crowding growth. The offensive "PLUS" focuses on growth directions where trading heat remains low and interest rate sensitivity is low. The ChinaAMC CSI 1000 ETF (159845) closely tracks the CSI 1000 Index. The CSI 1000 Index is composed of 1,000 stocks that are small in scale and have good liquidity, excluding the constituent stocks of the CSI 800 Index from all A-shares, and comprehensively reflects the stock price performance of a group of small-cap companies in the Chinese A-share market, with its off-exchange linked funds (Class A: 013922; Class C: 013923) ### Related Stocks - [159845.CN](https://longbridge.com/en/quote/159845.CN.md) - [159633.CN](https://longbridge.com/en/quote/159633.CN.md) - [512100.CN](https://longbridge.com/en/quote/512100.CN.md) ## Related News & Research - [When fuel prices hit different](https://longbridge.com/en/news/286772713.md) - [Oil edges lower as traders assess Middle East developments](https://longbridge.com/en/news/286980644.md) - [Middle East conflict hits Sri Lanka's tea industry, heightens economic strain](https://longbridge.com/en/news/287152758.md) - [Gas prices per gallon holding steady in the United States](https://longbridge.com/en/news/286804495.md) - [Markets at risk of further downside if oil prices stay elevated: Ajay Tyagi](https://longbridge.com/en/news/286679049.md)