The small and mid-cap broad-based index experienced fluctuations and divergence throughout the week, while the micro-cap index rose against the trend

This week (from March 23 to 27), the A-share small and medium-sized broad-based indices showed fluctuating differentiation. The CSI 2000 Index rose by 0.4%, becoming the only small and medium-sized index to close in the green; the CSI 500 Index slightly fell by 0.3%, the CSI 1000 Index dropped by 0.5%, the Shanghai Stock Exchange STAR Market 100 Index decreased by 0.9%, and the ChiNext Mid-cap 200 Index had the largest decline, reaching 1.4%. China Galaxy Securities believes that the downside space for A-shares is limited, and the market will respond to external pressures with fluctuating differentiation and structural rotation