Every reporter: Ye Feng Every editor: Xiao Ruidong
The major market indexes have adjusted this week, but OTC funds are entering the market to buy the bottom. The five index ETFs have a total net inflow of about 13.6 billion yuan this week, of which CSI 500 ETF and Shanghai and Shenzhen 300 ETF have net inflows of 5.4 billion yuan and 5.2 billion yuan respectively.
Regarding the industry theme ETF, there are 7 funds whose shares increased by more than 100 million shares this week. Among them, the shares of chip ETF, securities ETF and brokerage ETF increased by 325 million shares, 273 million shares and 209 million shares respectively.
More than 10 billion yuan of funds entered the market to hunt for the bottom
The transaction volume of the Shanghai and Shenzhen stock markets this week was 3.22 trillion yuan, of which the Shanghai stock market transaction volume this week was 1.3 trillion yuan. As of the latest closing, the Shanghai Stock Exchange Index closed at 3045.87 points, down 3.85% for the whole week, and the Shenzhen Component Index closed at 10849.64 points, down 3.94% for the whole week.
The performance of major stock indexes and related ETFs this week
The major stock indexes have collectively adjusted this week. The Science and Technology Innovation 50, CSI 500, GEM Index, CSI 300 and Shanghai 50 fell by 5.93%, 5.1%, 3.69%, 3.19% and 2.69% respectively.
In terms of tracking major indexes, the shares of the five major index ETFs increased this week. The Kechuang 50ETF, CSI 300ETF, CSI 500ETF, GEM ETF and Shanghai Stock Exchange 50ETF increased by 1.94 billion, 1.326 billion, 909 million, 240 million and 216 million respectively.
Overall, the major market indexes have adjusted this week, but OTC funds are entering the market to buy the bottom. The total net inflow of the five index ETFs this week is about 13.6 billion yuan, of which the CSI 500 ETF and the Shanghai and Shenzhen 300 ETF have net inflows of 5.4 billion yuan and 5.2 billion yuan respectively.
It is worth noting that the Science and Technology 50 ETF has fallen for 5 days in a row this week, hitting a new low in the past 2 months. However, there is an endless stream of off-market bargain hunting funds. This week’s share increased to 50.425 billion shares, continuing to hit a record high.
In addition, the shares of CSI 300 ETF and CSI 500 ETF have surged recently.
Regarding the recent market trends, some brokers said that the market has once again entered an extreme state of land volume. For investors, there is no need to panic at this stage. Below 3100 points is an area worth entering, especially if it is close to the 3000 point range, it is a rare allocation opportunity.
Funds are buying chips at the bottom and withdrawing from medicine
In terms of industry theme ETFs, there are 7 funds whose shares increased by more than 100 million shares this week. Among them, the shares of chip ETFs, securities ETFs and brokerage ETFs increased by 325 million shares, 273 million shares and 209 million shares respectively, with net inflows of 311 million yuan, 238 million yuan and 175 million yuan respectively.
In terms of capital outflows, the shares of seven industry-themed ETFs decreased by more than 100 million shares this week. The share of pharmaceutical ETFs, medical ETFs and wine ETFs decreased by 1.211 billion shares, 853 million shares and 340 million shares respectively, with net outflows of 555 million yuan, 412 million yuan and 284 million yuan respectively.
It is worth noting that the share of chip ETFs this week is approaching 20 billion, hitting a new high in the past year.
The pharmaceutical ETF was sold off by funds again this week, and its share dropped significantly, falling back to 28 billion shares.
Pharmaceutical ETF (512010) share changes
Overall, among the 416 industry-themed ETFs, 315 have increased their shares this week and 101 have decreased, and more than half of the funds have increased their shares.
Education ETF rose 15%
Commodity ETFs were mixed this week, with energy and chemicals falling 1.22%, while soybean meal ETF and non-ferrous ETF rose 0.89% and 0.52% respectively. In addition, gold-related ETFs generally rose by about 0.9%.
There are 20 cross-border ETFs with weekly turnover exceeding 1 billion yuan this week, and 2 of them have a weekly turnover of over 10 billion yuan. Judging from market performance, except for the education ETF which rose nearly 15%, most other varieties fluctuated slightly, with most of the increases and decreases within 1%.
Direction of passive capital allocation next week
Fund heavy holdings have always been a hot spot for investors, but the heavy holdings of actively managed funds usually come to the surface with a certain lag, while the targets of ETF layout are very clear. By tracking newly listed ETFs, you can usually find recent hot stocks , and the incremental funds brought by newly listed ETFs are also worthy of attention.
There are currently no ETFs that will be listed and issued next week.
Daily Economic News
