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[Introduction] Stock ETFs attracted more than 12 billion yuan yesterday, with the CSI 300 ETF being the main force

Li Shuchao, reporter of China Fund News

On August 15, the three major A-share indexes opened low and rose, and then the gains fell back. Before the closing, large funds made another move, and the index continued to rise. As of the close, the Shanghai Composite Index rose 0.94%, the Shenzhen Component Index rose 0.71%, and the ChiNext Index rose 0.53%. In terms of industry, AI glasses concept stocks continued to explode, the coal sector led the gains, and game stocks strengthened again.

Against the backdrop of yesterday's stock market recovery, funds made net purchases of over 12 billion yuan through the stock ETF market, with the CSI 300 ETF remaining the main source of capital.

Yesterday's net inflow of funds was about 12.1 billion yuan

Wind data shows that as of August 15, the total size of 912 stock ETFs (including cross-border ETFs) in the market reached 2.31 trillion yuan. In the volatile recovery market on that day, funds continued to flow in through stock ETFs, and the total market share of stock ETFs increased by 7.115 billion shares. According to the average transaction price in the range, the net inflow of funds was about 12.1 billion yuan. Among the sub-categories, the net inflow of broad-based ETFs reached 11.326 billion yuan.

in,The net inflow of CSI 300 ETFs under E Fund, Huatai-PineBridge, China Asset Management, Harvest Fund and others exceeded RMB 6.4 billion, the above four major CSI 300 ETFs also rank among the top in the market in terms of the amount of money they attract.

Among other broad-based ETFs, CSI 500 ETF had a net inflow of 1.274 billion yuan, while CSI 1000 ETF, ChiNext ETF, and Sci-Tech Innovation Board 50 ETF also had net purchases of more than 500 million yuan.

In terms of investment strategy, Bosera Fund believes that the domestic macro-economy will be in the recovery stage of the Merrill Lynch clock in the third quarter of 2024, with a moderate economic recovery, low-to-medium prices, and a loose monetary environment, which is suitable for allocating equity assets. While maintaining patience, investors should pay attention to industry dynamics and policy changes, and consider focusing on stability and seizing structural opportunities at low prices.

Among industry or theme ETFs, the Hong Kong Stock Connect Internet ETF and the Hong Kong Stock Dividend ETF had net purchases of more than 100 million yuan.

Talking about the Hong Kong stock dividend strategy, Huaan Fund stated that looking ahead to the future market, overseas markets may still fluctuate greatly in the short term. In the domestic low-interest rate environment, Hong Kong-listed central enterprise dividends are expected to attract more capital attention due to their high dividends and low valuations.

As the market rebounded yesterday, ETFs under leading fund companies continued to be sought after by funds.

Data shows that on August 15, E Fund's ETFs received a total of 3.494 billion yuan in net inflows. Among them, E Fund's CSI 300 ETF received a net inflow of 2.4 billion yuan on the same day, with the latest scale reaching 176.03 billion yuan; ChiNext ETF and Sci-Tech Innovation Board 50 ETF also received net inflows of 677 million yuan and 521 million yuan respectively. In addition, E Fund's Hong Kong Securities ETF and SSE 50 ETF also received net inflows to varying degrees.

Among Hua Xia Fund's ETFs, Hua Xia's CSI 300 ETF received a net inflow of 1.026 billion yuan, and the latest scale reached 121.943 billion yuan; CSI 1000 ETF received a net inflow of 410 million yuan, and the latest scale reached 19.433 billion yuan; SSE 50 ETF received a net inflow of 368 million yuan, and the latest scale reached 127.645 billion yuan.

Many ETFs saw small net outflows

Judging from the net outflow list of stock ETFs, the Shanghai Composite Index ETF had a net outflow of 130 million yuan yesterday. The CSI 300 ETF Guolian An, H-share ETF, CSI 300 ETF Southern, etc. were at the top in terms of net outflow of funds, but none of them were more than 100 million yuan.

Among industry or theme ETFs, the gaming ETF had a net outflow of 96 million yuan on the day, and the net selling of science and technology chip ETF, brokerage ETF, Shanghai state-owned enterprise ETF, etc. were also relatively high.

Huaan Fund stated that the current process of semiconductor localization continues to advance, and the computing power industry chain brought by AI will continue to benefit. The semiconductor industry is in a recovery stage, and the recovery of consumer electronics will drive a new round of upward cycle for semiconductors.

Editor: Xiaomo

Review: Xu Wen

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