Guotai CSI 500 ETF (561350) surged 2% during intraday trading, and the profit growth rate of A-shares is likely still in the recovery period

On April 10th, Guotai CSI 500 ETF (561350) surged 2% during intraday trading. Nanjing Securities pointed out that the profit growth rate of A-shares is likely still in a recovery phase, especially with a significant rebound in the profit growth rate of the manufacturing sector, reflecting a synchronized recovery of supply and demand. Although high oil prices may affect demand, the corporate profit recovery cycle is likely not over, and market pricing will revolve around profit improvement. The Guotai CSI 500 ETF tracks the CSI 500 Index, covering companies with good liquidity and significant growth potential. Investors should be cautious and understand the risk and return characteristics