news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

On July 17, the A-share market as a whole continued its weak and volatile pattern, but the action of funds bottom-fishing through broad-based ETFs became more obvious.

According to Wind data, on July 17, the four CSI 300 ETFs saw a large increase in volume at the end of the trading day, and the transaction volume set a record high since March 5, totaling nearly 23.5 billion yuan. Specifically, the transaction volume of Huatai-PineBridge CSI 300 ETF was 8.029 billion yuan, the transaction volume of E Fund CSI 300 ETF was 5.974 billion yuan, the transaction volume of Huaxia CSI 300 ETF and Harvest CSI 300 ETF was 5.056 billion yuan and 4.403 billion yuan respectively.

The reporter learned that the CSI 300 ETF, as an exchange-traded open-end index fund that tracks the CSI 300 Index, can often reflect the overall market trend. The CSI 300 Index is a broad-based index that is representative of the Chinese market and is known as the "barometer" of A-shares. When the market's expectations for the CSI 300 Index change, the CSI 300 ETF's trading volume will also fluctuate accordingly. (Securities Times)