--- title: "A-shares welcome recovery, cash flow ETF 800 Penghua (516460) may be a quality stabilizer to cope with macroeconomic games" type: "News" locale: "en" url: "https://longbridge.com/en/news/280291179.md" description: "Today, the A-shares welcomed a recovery, influenced by Trump's signal that \"the US and Iran may reach an agreement within 5 days,\" which improved market sentiment. The CSI 800 Free Cash Flow Index rose by 1.13%, with the latest price of the cash flow ETF800 Penghua (516460) at 1.34 yuan. Institutions pointed out that cash flow assets can serve as a high-quality stabilizer in the current macroeconomic game, helping to filter out short-term noise. The top ten weighted stocks accounted for a total of 55.08%, including CNOOC, SAIC Motor, and others" datetime: "2026-03-24T09:34:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280291179.md) - [en](https://longbridge.com/en/news/280291179.md) - [zh-HK](https://longbridge.com/zh-HK/news/280291179.md) --- # A-shares welcome recovery, cash flow ETF 800 Penghua (516460) may be a quality stabilizer to cope with macroeconomic games Today, the A-shares welcomed a recovery, with the turning point stemming from Trump's signal that "the US and Iran may reach an agreement within 5 days." As external extreme pressures enter a negotiable range, the market's worst-case linear extrapolation of geopolitical conflicts has temporarily come to an end, and risk appetite has rapidly rebounded. As a result, previously surging defensive heavyweights such as oil and gas, and coal have seen profit-taking, with the CSI 800 Free Cash Flow Index closing up 1.13%. Institutions pointed out that although on a day of broad gains dominated by "emotional leadership and risk surges," the index lagged behind due to heavy positions in traditional defensive sectors, the internal rotation of weights in electricity and pharmaceuticals once again verifies its multi-dimensional blood-making foundation. In the current environment where the truth of external macro narratives is hard to discern and the market swings with politicians' statements, not blindly following emotions and anchoring on hard-core performance cash flow assets may serve as a quality stabilizer to filter out short-term noise and cope with macro games. As of March 24, 2026, 15:00, the CSI 800 Free Cash Flow Index (932368) surged 1.13%, with constituent stocks such as China National Offshore Oil Corporation rising 8.06%, Salt Lake Industry rising 5.29%, Silver Industry rising 5.07%, and stocks like China Power and Liaoning Port also following suit. The latest quote for the Cash Flow ETF800 Penghua (516460) is 1.34 yuan. The Cash Flow ETF800 Penghua closely tracks the CSI 800 Free Cash Flow Index, which selects 50 listed companies with higher free cash flow rates from the CSI 800 Index sample as index samples to reflect the overall performance of listed companies with strong cash flow generation capabilities within the CSI 800 Index sample. Data shows that as of February 27, 2026, the top ten weighted stocks in the CSI 800 Free Cash Flow Index (932368) are China National Offshore Oil Corporation, SAIC Motor, Gree Electric Appliances, COSCO Shipping Holdings, Aluminum Corporation of China, TCL Technology, Muyuan Foods, Chint Electric, Baosteel, and Great Wall Motors, with the top ten weighted stocks accounting for a total of 55.08%. Cash Flow ETF800 Penghua (516460), off-market connection (A: 024655; C: 024656; I: 024657) ### Related Stocks - [600104.CN](https://longbridge.com/en/quote/600104.CN.md) - [159229.CN](https://longbridge.com/en/quote/159229.CN.md) - [516460.CN](https://longbridge.com/en/quote/516460.CN.md) - [159119.CN](https://longbridge.com/en/quote/159119.CN.md) - [600938.CN](https://longbridge.com/en/quote/600938.CN.md) - [563580.CN](https://longbridge.com/en/quote/563580.CN.md) ## Related News & Research - [This electric SUV with a semi-solid-state EV batttery costs under $15,000 in China](https://longbridge.com/en/news/285969145.md) - [MG 07 flagship sedan arrives: Electric rival for Tesla Model 3 and BYD Seal is all-new and full of tech](https://longbridge.com/en/news/286206526.md) - [Figure AI had one of its robots race a human to sort packages. It lost.](https://longbridge.com/en/news/286883540.md) - [13:32 ETWorld-First AI Humanoid Robot Debuts on Cherie Barber's Ground-breaking Australian Reno Show](https://longbridge.com/en/news/286949647.md) - [Asia Distillates-Window activity lackluster; June spot sales remain underway](https://longbridge.com/en/news/287041353.md)