B · Normal
[Net inflow of broad-based ETFs exceeds 370 billion yuan since October] November 3rd, as of the close of trading on November 2, the three broad-based ETFs, Kechuang 50 ETF Huaxia, GEM ETF E Fund, and CSI 300 ETF Huatai-Berry, have all achieved a turnover of more than 10 billion yuan. The turnover of CSI 1000ETF Southern, CSI 500ETF Southern, A500ETF Huatai-PineBridge, and CSI A500ETF Cathay Pacific all exceeded 6 billion yuan. In fact, the trend of broad-based bottom buying was already obvious on October 30. Data show that on October 30, the overall net inflow of ETFs across the market was 14.055 billion yuan, of which the net inflow of stock ETFs was 26.988 billion yuan. During the correction, funds accelerated the layout of ETFs, and broad-based products became the absolute main force. Looking at the extended cycle, the pace of funds deploying through ETFs has accelerated significantly during market fluctuations, and stock ETFs have maintained a net inflow for one month in a row. Wind data shows that the net inflow of broad-based ETFs since October has exceeded 370 billion yuan. It can be seen that stock ETFs favored by long-term funds have returned to the main position of attracting money. (Securities Times)
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