--- title: "This week, the A500 index faced pressure again, with the index experiencing a 5-week consecutive decline | A500 ETF Observation" type: "News" locale: "en" url: "https://longbridge.com/en/news/281697359.md" description: "This week, the CSI A500 Index fell by 1.76%, marking a five-week consecutive decline, closing at 5501.88 points. The average daily trading volume was CNY 658.438 billion, with a 15% decrease in daily trading volume compared to the previous period. All 40 CSI A500 ETFs declined, with E Fund ETF dropping over 2%. Bank of China Securities pointed out that concerns about oil supply persist, which may suppress risk appetite in the US stock market. Industrial Securities believes that the cost-performance ratio of dividend assets in April has improved, potentially attracting more funds. Attention should be paid to the situation in the Middle East and changes in US Treasury yields" datetime: "2026-04-05T02:04:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281697359.md) - [en](https://longbridge.com/en/news/281697359.md) - [zh-HK](https://longbridge.com/zh-HK/news/281697359.md) --- # This week, the A500 index faced pressure again, with the index experiencing a 5-week consecutive decline | A500 ETF Observation This week, the CSI A500 Index fell by 1.76%, marking a five-week consecutive decline. As of the close on April 3, it reported 5501.88 points. The average daily trading volume this week was 658.438 billion yuan, with a single-day trading volume decreasing by 15% month-on-month. This week, all 40 CSI A500 ETFs fell again, with the A500 Enhanced ETF from E Fund leading the decline with a drop of over 2%. The total scale of the funds further shrank to 216.412 billion yuan. The top three funds in terms of scale are the A500 ETF from Huatai-PB, the A500 ETF from Southern, and the CSI A500 ETF from Guotai, with scales of 37.311 billion yuan, 35.534 billion yuan, and 28.572 billion yuan, respectively. Bank of China Securities pointed out that in the short term, there are currently no clear substantial details regarding the control of the Strait of Hormuz and the oil supply chain crisis, thus market concerns about oil supply continue. As uncertainty increases along with rising energy costs, this may continue to suppress the risk appetite and profit expectations for equity assets in developed markets represented by U.S. stocks. Overseas risk assets may further price in stagflation -\> recession expectations. **For A-shares, fluctuations in overseas markets transmit through sentiment, and the domestic inflation level remains relatively low. Compared to the overseas "stagflation" expectations, the expectation for a rebound in domestic nominal prices within the year is heating up, which is expected to support domestic demand.** Continuous attention is needed on the situation in the Middle East, especially the developments in the Strait of Hormuz and important energy infrastructure, as well as the upward pace of U.S. Treasury yields. In terms of strategy, Industrial Securities believes that **the cost-performance ratio of dividend assets in April is still marginally improving and may attract more funds.** On one hand, with the unresolved overseas geopolitical conflicts and the uncertainty of earnings quality during the earnings season, recent market fund risk appetite has converged, and the rotation intensity of various sectors has increased, making dividend assets a strongly consensus risk-averse direction. On the other hand, the situation between the U.S. and Iran may have fluctuations, and the systemic risks caused by the uncontrolled escalation of conflict intensity, the economic stagflation or even recession risks due to high oil prices, as well as changes in global liquidity expectations, continue to suppress fund risk appetite, driving market pricing factors to gradually focus on certainty On the other hand, April enters the earnings report disclosure period, which is a window period where dividends are relatively dominant from a calendar effect perspective ### Related Stocks - [159361.CN](https://longbridge.com/en/quote/159361.CN.md) - [563080.CN](https://longbridge.com/en/quote/563080.CN.md) ## Related News & Research - [Oil edges lower as traders assess Middle East developments](https://longbridge.com/en/news/286980644.md) - [Great Global Energy Rewiring Accelerates: UAE To Double Crude Export Capacity Bypassing Hormuz Chaos](https://longbridge.com/en/news/286587063.md) - [India, UAE seal $5B investment and oil reserve pact](https://longbridge.com/en/news/286634673.md) - [11:41 ETMeijer Launches New Affordable Workwear Brand in Supercenters Across the Midwest](https://longbridge.com/en/news/286795034.md) - [Dalio warns Warsh rate cuts risk Fed credibility amid stagflation](https://longbridge.com/en/news/286662567.md)