--- title: "The logic of \"steady progress\" in the A-share market still holds, focusing on the investment opportunities in the ChinaAMC CSI 500 Free Cash Flow ETF (159201) and the ChinaAMC CSI 500 Cash Flow ETF (560120)" type: "News" locale: "en" url: "https://longbridge.com/en/news/280435135.md" description: "On March 25th, the A-share market sentiment warmed up, with all three major indices strengthening collectively, and the free cash flow-related indices performed outstandingly. The free cash flow ETF ChinaAMC (159201) attracted over 1.7 billion yuan in the past 10 trading days, while the CSI 500 cash flow ETF ChinaAMC (560120) attracted 517 million yuan in the past 6 days, setting a new high. China International Capital Corporation pointed out that there has been no fundamental change in the macro environment of the A-share market, supporting the logic of \"steady progress,\" and it is expected that risk release will bring good allocation opportunities" datetime: "2026-03-25T03:23:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280435135.md) - [en](https://longbridge.com/en/news/280435135.md) - [zh-HK](https://longbridge.com/zh-HK/news/280435135.md) --- # The logic of "steady progress" in the A-share market still holds, focusing on the investment opportunities in the ChinaAMC CSI 500 Free Cash Flow ETF (159201) and the ChinaAMC CSI 500 Cash Flow ETF (560120) On March 25th, the A-share market sentiment warmed up, with all three major indices strengthening collectively. In terms of free cash flow-related indices, the 500 Cash Flow Index rose over 1.5% during the session, led by constituent stocks such as Jingneng Power and Yongtai Energy; the Free Cash Flow Index increased by over 0.9%, with constituent stocks including Zhongmin Energy, Zhejiang Construction Investment, and Liaoning Energy hitting the daily limit. In terms of related ETFs, the largest free cash flow ETF by size, ChinaAMC (159201), has attracted over 1.7 billion yuan in the past 10 trading days, showing significant capital layout characteristics. The only CSI 500 Cash Flow ETF tracking the same index, ChinaAMC (560120), has seen continuous net inflows over the past 6 days, accumulating 517 million yuan, reaching a new high since its establishment. From a mid-term perspective, China International Capital Corporation believes that the macro environment in which the A-share market operates has not fundamentally changed, and the logic supporting the "steady progress" of the A-share market remains valid. The release of risks and downward adjustments are expected to bring good allocation opportunities. Currently, under the global geopolitical uncertainty combined with an "asset shortage" environment, the Free Cash Flow Index, with its stable cash flow and valuation advantages, is expected to become one of the core allocation directions. Moreover, with ongoing policy support, the price increase direction benefiting from improved economic expectations can enhance attention to dividend PLUS assets: Free Cash Flow ETF ChinaAMC (159201) and CSI 500 Cash Flow ETF ChinaAMC (560120). Daily Economic News ### Related Stocks - [560120.CN](https://longbridge.com/en/quote/560120.CN.md) - [159201.CN](https://longbridge.com/en/quote/159201.CN.md) ## Related News & Research - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md) - [BNB ETF Could Be Next Big Crypto Breakthrough, Says Bloomberg Analyst](https://longbridge.com/en/news/286639724.md) - [$1000 Invested In Vanguard S&P 500 Growth ETF 15 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286797286.md) - [Here's How Much $1000 Invested In Invesco S&P 500 Momentum ETF 5 Years Ago Would Be Worth Today](https://longbridge.com/en/news/286828542.md) - [Worried About a Market Crash? 3 Vanguard ETFs Built to Survive](https://longbridge.com/en/news/286880525.md)