The CSI 50 Index once soared more than 6%. Analysts say there are three main reasons driving it.

On July 17, Jinshi Data reported that in early trading today, the Beizheng 50 Index surged by more than 6%, with all constituent stocks rising, and more than 10 stocks rose more than 20% at one point. Since the end of October last year, the Beijiao Exchange has had a strong performance for nearly two months. During that time, many stocks have risen several times, and the profit effect is very significant. So, what is the reason for this round of rise? Analysts believe that there are three main reasons: First, the style mapping of US stocks. Since July 9, the Russell 2000 index of US stocks has entered a big rise mode, with a rise of 10% in just a few trading days, and a surge of 3.56% last night. Second, as of July 10, Beijiao Exchange stocks have been included in the long-only market index. Through regular constituent adjustments, high-quality targets of the Beizheng Index listed later have been continuously included in the index constituents. This has brought a certain amount of incremental funds to the corresponding Beizheng weighted stocks. Third, on July 8, the Beizheng 50 Index was 667.15 points, which was 76.59 points lower than the previous cycle low point (February 5, 2024) of 734.74 points. It was also 39.42 points lower than the previous historical low point (October 23, 2023) of 706.57 points. The valuation is relatively low.