After the Spring Festival, the small-cap style in A-shares may outperform, and the CSI 2000 ETF E Fund captures growth opportunities in small and micro enterprises

Today’s stock market closing data shows a divergence in performance across different indices. The CSI 2000 Index led with a 1.3% increase, followed closely by the CSI 1000 Index, which rose 1.2%. The CSI 500 Index also gained 1.1%. Notably, the ChiNext Mid-Cap 200 Index increased by 0.4%, while the STAR 100 Index experienced a 1.6% pullback, indicating a clear shift in market style.

China Galaxy Securities’ latest research points out that, by reviewing the performance of the A-share market around the Spring Festival from 2016 to 2025, there are significant seasonal patterns. Data shows that the market generally has a higher probability of rising after the Spring Festival, with capital flowing notably into small-cap stocks, cyclical sectors, and growth sectors. This cyclical pattern provides important reference for investors to seize seasonal opportunities.

At key points of market style shifts, the E Fund CSI 2000 ETF (159532) has attracted attention due to its unique index construction method. The index tracked by this fund consists of 2,000 small and micro-cap stocks outside the CSI 1000 component stocks, characterized by smaller market capitalization but good liquidity. The index covers all 11 primary industries of the CSI, offering a comprehensive reflection of small and micro-cap stock performance and providing investors with a precise tool to target small-cap companies.

It is important to note that the securities market carries uncertainties, and investment decisions should be made cautiously with risk assessment. This report is based on third-party data and is for informational purposes only. It does not constitute any form of investment advice. Investors should consider their own risk tolerance, make independent judgments, and decide on investments accordingly.