
Q1 Financial aggregate grows reasonably, fundamentals continue to improve, ChinaAMC CSI 1000 ETF (159845) rises 1.12% during the session, constituent stock Shannon Semi rises over 6%

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On April 14th, the three major A-share indices rose, with the Shanghai Composite Index up 0.54%. The ChinaAMC CSI 1000 ETF rose 1.12% during the session, and component stock Shannon Semi increased by over 6%. Financial statistics show that the M2 balance at the end of March was 353.86 trillion yuan, a year-on-year increase of 8.5%. Experts believe that the reasonable growth rates of M2 and social financing scale have created a favorable environment for economic improvement. CITIC Securities pointed out that the risk appetite and liquidity in the A-share market have improved, and a short-term upward fluctuation is expected

