The full-cash flow ETF Penghua rises over 1.7%, and the multi-dimensional blood-making foundation of cash flow assets has been validated.

Ask AI · How do Trump’s US-Iran agreement signals affect the rebound of A-shares?

Today, A-shares experienced a recovery, with the turning point stemming from Trump’s signal that “the US and Iran may reach an agreement within five days.” The CSI Cash Flow Index opened high and then retreated, followed by a rebound and oscillation, and near the close, it showed a significant upward movement, ending the day up 1.35%. As external extreme pressures enter a negotiable range, the market’s worst-case linear extrapolation of geopolitical conflicts has temporarily ceased, and risk appetite has rapidly rebounded.

The leading sectors are mainly concentrated in power and pharmaceuticals, while coal, electronic components, and machinery manufacturing sectors showed spot activity. Specifically: 1) Power: China State Power Investment Corporation held its first press conference for 2026. The State Power Investment plans to invest 200 billion yuan this year, a year-on-year increase of 17%. Among these, the first quarter aims to complete an investment of 23 billion yuan, achieving a 35% year-on-year growth. 2) Pharmaceuticals: The core patent for semaglutide from Novo Nordisk has expired in China. This means that the product, known as the “global drug king,” will no longer maintain its long-term monopoly.

Institutions pointed out that although on a day of broad gains driven by “emotion-led and risk surge” sentiment, the index lagged due to heavy weighting in traditional defensive sectors, the internal relay of power and pharmaceutical sectors again confirmed their multi-dimensional foundational strength. In a time when external macro narratives are difficult to verify and the market swings with politicians’ statements, not blindly following emotions but anchoring on solid performance cash flow assets is precisely the high-quality stabilizer to filter short-term noise and respond to macro strategic games.

As of 15:00 on March 24, 2026, the CSI All Share Free Cash Flow Index (932365) rose strongly by 1.35%. Component stocks such as China Merchants Jinling increased by 10.02%, Yaxing Integration by 10.00%, Liaoning Energy by 9.94%, and other stocks like Absen and CIMC also followed suit. The Penghua All Share Cash Flow ETF (512130) increased by 1.72%, with the latest price at 1.3 yuan.

The Penghua All Share Cash Flow ETF closely tracks the CSI All Share Free Cash Flow Index, which selects 100 listed companies with relatively high free cash flow rates as its sample stocks, reflecting the overall performance of listed companies with strong cash flow creation ability.

Data shows that as of February 27, 2026, the top ten weighted stocks in the CSI All Share Free Cash Flow Index (932365) are China National Offshore Oil Corporation, SAIC Motor, Gree Electric Appliances, China COSCO Shipping, Aluminum Corporation of China, TCL Technology, Muyuan Food, Chint Electric, Baosteel, and Great Wall Motors, with the top ten stocks accounting for a total of 50.26%.