Expectations of a ceasefire between the U.S. and Iran coexist with execution discrepancies, A-shares are expected to return to fundamentals, and the ChinaAMC CSI 1000 ETF (159845) is seeing significant net inflows

On April 9th, the three major A-share indices showed divergent trends, with the Shanghai Composite Index falling by 0.47%. The ChinaAMC CSI 1000 ETF saw significant net inflows from Huaxia, with a net inflow of 1.463 billion yuan over the past five trading days. Global risk appetite has rebounded due to the US-Iran ceasefire agreement, but uncertainties remain due to geopolitical conflicts. Bank of China Securities believes that the short-term impact of overseas risks on A-shares will gradually weaken, and a return to fundamental logic is expected, with advantages in both fundamentals and liquidity