wsopgamehunters| After market shocks adjusted, GEM track related ETFs closed down slightly, while Mango Super Media rose more than 5%

May 15thWsopgamehuntersThe A-share market fluctuated and adjusted, the real estate and chemical sectors strengthened against the trend, and the growth style of the market represented that the gem 100ETF China (159957) closed down 0.Wsopgamehunters.67%, mango supermedium (300413) led the rise by 5%.Wsopgamehunters.14%, Dangsheng Technology (300073) rose 11.62%, while Anke Innovation, China Jane Technology (300777), Sunshine Power supply (300274) and so on rose.WsopgamehuntersSmall-cap growth represents gem ETF Huaxia (159563), which closed down 0.55%, while positions in Nanjing Julong (300644), * ST celebrities, and * ST Shangnong led the rise.

Orient Securities said the fundamental logic of the rally could mainly come from the possibility of a resumption of overseas interest rate cuts, with Chinese assets outperforming partly on the basis of a persistently underallocated capital and a better risk premium. From the perspective of the allocation position of stock funds in national markets, the Chinese market has mainly been underallocated since 2023, with the current allocation ratio of 0.68% and the low allocation ratio of about 0.21%. Comparing the historical trend vertically, the allocation of global equity funds to the Chinese market is still at a low level, and the current level is at the last 3% level of nearly a decade. Therefore, compared with the benchmark allocation or historical level, if the future market rebound continues and the Chinese market continues to perform well, there is indeed an incentive for funds to increase the allocation ratio of the Chinese market.