As of May 15, at 10:42 A50ETF Huabao (159596) fell 0.29% in turnover of 61.4076 million yuan. In terms of constituent stocks, Midea Group rose 1.68%. Zijin Mining rose 0.76%, Ningde Times rose 0.24%, Kweichow Moutai rose 0.05%, and all other individual stocks turned green. According to the news, the excellent performance of the recent A-share industry leading quarterly report became the focus of the market. The 2024 A-share industry leading quarterly report showed impressive performance, with 26 companies that achieved year-on-year growth in both revenue and net profit, accounting for more than 50%. According to the latest China Merchants Securities research report, this year's quarterly report confirmed the trend of declining capital expenditure growth, improving free cash flow, and continuing increase in dividend ratios for A-shares, which indicates that the real intrinsic return that A-shares bring to investors is gradually increasing. At the same time, leading companies with high return on net assets and free cash flow are expected to become a new investment trend. At present, the A-share market broad-based A50ETF Huabao (159596) allocation value is prominent.