Economic indicators are clearly rebounding, and future opportunities in the equity market may still outweigh the risks. ICBC A500 ETF (159362) supports investors in one-click capturing the trend of high-quality core assets.

Daily Economic News Editor: Ye Feng

In recent times, geopolitical conflicts have repeatedly stirred market sentiment, suppressing the performance of risk assets. In a period when global equity markets are generally undergoing adjustment, the A-share market has still demonstrated strong resilience, and periodic pullbacks may offer investors opportunities to set up positions at more favorable prices.

It is worth noting that late March will mark the start of the dense disclosure period for listed companies’ annual reports. Financial performance will become a key factor affecting the performance of individual stocks. A-share core assets with earnings exceeding expectations and clearly defined growth prospects are likely to gain favor with the market.

On the fundamentals front, data on China’s national economic operations for the first two months before 2026 released by the National Bureau of Statistics show that major economic indicators have rebounded noticeably. Industrial activity, the services sector, consumption, and investment have all grown steadily. Foreign trade has achieved a significant increase. China’s economy has opened up on a promising note—making progress while maintaining stability, optimizing the economic structure, and delivering a standout performance in foreign trade—laying a solid foundation for high-quality economic development throughout the year.

Some securities firms say that although there remains a high level of uncertainty externally, for the domestic market, the period when sentiment’s marginal impact is greater may already be over. Going forward, the market may return to its own pace. The overall tone of the Two Sessions in China has been steady and prudent, which may help set a solid policy base for a rise in the stock market. In addition, over the next month, the market will enter a period of intensive verification of data and policies. Overall, opportunities in the coming equity market may still outweigh risks, and the outlook is worth期待.

A500ETF Industrial and Commercial Bank of China (159362) closely tracks the CSI A500 Index. This index brings together leading assets across various industries, representing a basket of core A-share assets. In the context of China’s economic transition, as industry structures are generally improving and leading players maintain long-term fundamental advantages, it may be an important source of relatively stable medium- to long-term excess returns. Meanwhile, the CSI A500 Index incorporates ESG concepts into its index methodology, aligning with foreign investors’ preference for allocating to A-shares, and it may also become a better index tool for global investors when investing in China.

As an important asset allocation tool that closely tracks the CSI A500 Index, A500ETF Industrial and Commercial Bank of China (159362) and its off-exchange connection (Type A: 022442; Type C: 022443; Type Y: 022982) will help investors capture market opportunities for high-quality core A-share assets across different industries with a single click.

Fund fee information:

1. For A500ETF Industrial and Commercial Bank of China’s on-exchange trading fees, the actual fees charged by securities firms shall prevail. Subscription fee: When investors subscribe for fund shares, the subscription and redemption agent securities firms may charge a commission at a standard not exceeding 0.5%, which includes the relevant fees charged by the securities exchange, the registration institution, and so on. Redemption fee: When investors redeem fund shares, the subscription and redemption agent securities firms may charge a commission at a standard not exceeding 0.5%, which includes the relevant fees charged by the securities exchange, the registration institution, and so on. Management fee: 0.15% per year; Custody fee: 0.05% per year.

2. The fee rates for the ICBC CSI A500 ETF Fund of Funds are as follows: the fund management fee rate is 0.15% per year, and the custody fee rate is 0.05% per year. Subscription fee rate for the Fund’s A and Y share classes: If the subscription amount is M, when M＜1 million RMB, the subscription fee rate is 1.0%; when 1 million RMB≤M＜3 million RMB, the subscription fee rate is 0.8%; when 3 million RMB≤M＜5 million RMB, the subscription fee rate is 0.6%; when M≥5 million RMB, the subscription fee is 1000 RMB per order. The Fund’s C share class does not charge a subscription fee. The redemption fee rate for the Fund’s A, C, and Y share classes is the same: for holding period Y, when Y＜7 days, the redemption fee rate is 1.5%; when Y≥7 days, the redemption fee rate is 0%.

Risk disclosure: The fund manager manages and uses fund assets in accordance with the principles of diligence, honesty, credibility, and prudence, but does not guarantee that the fund will always generate profits, nor does it guarantee a minimum return. A500ETF Industrial and Commercial Bank of China is an equity fund, and its risks and returns are higher than those of hybrid funds, bond funds, and money market funds. This fund is an index fund. It mainly adopts a full replication strategy to track the market performance of the underlying index and has risk-return characteristics similar to those of the securities market represented by the underlying index and the stocks represented by the underlying index. The ICBC CSI A500 ETF Fund of Funds invests primarily in the ICBC Credit Suisse CSI A500 Exchange-Traded Open-Ended Index Securities Investment Fund, with the target ETF as an equity fund; therefore, this fund’s long-term average risk level and expected return level are higher than those of hybrid funds, bond funds, and money market funds. This fund is an ETF fund of funds. By investing in the target ETF to track the performance of the underlying index, it has risk-return characteristics similar to those of the securities market represented by the underlying index and the stocks represented by the underlying index. Investing in ETFs will face unique features such as the risk of fluctuations in the underlying index and the risk that the fund portfolio’s returns may deviate from the underlying index’s returns. Funds involve risk. Before investing, investors should carefully read the legal documents such as the “Fund Contract,” the “Prospectus,” and the “Fund Product Information Summary.” After fully understanding the product, fee structure, fees charged by each sales channel, and by listening to the suitability opinions from the sales institutions, investors should choose investment products appropriate for their own risk tolerance. Fund investments require prudence.

Daily Economic News