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Continue to buy at the bottom!

2024-08-20

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【Introduction】Yesterday's stock ETF net inflow exceeded 2.3 billion yuan

China Fund News reporter Zhang Ling

Since August, the trend of funds bottom-fishing in the stock ETF market has continued. After receiving an overall net inflow of over 23 billion yuan last week, it received a net inflow of over 2.3 billion yuan on Monday (August 19).

On that day, the CSI 300 ETF as a whole received more than 1 billion yuan in capital additions. ETFs under leading companies were also favored by funds, such as the CSI 300 ETF of E Fund received a net inflow of more than 190 million yuan, and the Science and Technology Innovation 50 ETF of China Asset Management received a net inflow of more than 150 million yuan, both of which ranked among the top five in the net inflow list.

Net inflow exceeded 2.3 billion yuan yesterday

Wind data shows that as of August 19, the total scale of 913 stock ETFs (including cross-border ETFs, the same below) in the market was approximately 2.33 trillion yuan.

On August 19, the three major A-share indices rose and fell. As of the close, the Shanghai Composite Index rose 0.49%, the Shenzhen Component Index rose 0.08%, and the ChiNext Index fell 0.14%. In terms of industry performance, banks and nonferrous metals led the gains, while electronics and pharmaceuticals saw large declines.

Judging from the flow of funds in the stock ETF market, funds are still continuing to bottom out. The fund shares increased by 1.432 billion shares on that day. According to the average transaction price, the net inflow of funds was approximately 2.355 billion yuan.

At the index level, the CSI 300 Index still ranked first in daily net inflows, with a net inflow of over 1 billion yuan.

In terms of specific net inflows, a total of 10 products had net inflows of over 100 million yuan on August 19. Among them, Huatai-PineBridge Fund's CSI 300 ETF ranked first with a net inflow of 642 million yuan, while China Southern Fund's CSI 500 ETF and CSI 300 ETF ranked second and third, with net inflows of 608 million yuan and 199 million yuan respectively.


The pace of net inflows of ETFs under the leading fund companies continued. Data showed that on August 19, the ETFs under E Fund Management received a total of 334 million yuan in net inflows. Among them, the CSI 300 ETF of E Fund received a net inflow of 195 million yuan on the same day, ranking fourth on the net inflow list, and the product scale also exceeded 180 billion yuan, reaching 180.32 billion yuan. GEM ETF, Sci-Tech Innovation Board 50 ETF, Pharmaceutical ETF, and Securities and Insurance ETF also received net inflows to varying degrees.

Among Hua Xia Fund's ETFs, the Science and Technology Innovation 50 ETF had a net inflow of 157 million yuan, the CSI 300 ETF Hua Xia and the SSE 50 ETF had net inflows of 60 million yuan and 48 million yuan respectively, the Game ETF had a net inflow of 35 million yuan, and the CSI 1000 ETF, Chip ETF and Science and Technology Innovation 100 ETF Hua Xia had a net inflow of 20 million yuan.

China Internet ETF and Hong Kong Stock Innovative Drug ETF had the largest net outflow

In terms of net outflow, China Internet ETF and Hong Kong Innovative Drug ETF ranked top in net outflow, at 161 million yuan and 142 million yuan respectively. Many Hong Kong stock ETFs lost a lot of blood on that day.


Looking ahead, CICC Fund Management said that under the backdrop of high-quality development and under continued favorable policies, it continues to be optimistic about the opportunities in computers, communications, semiconductors, military industry, new energy, etc. brought about by technological innovation represented by artificial intelligence. At the same time, it will pay attention to investment opportunities in equipment upgrades in areas such as machinery and electrical high-end manufacturing.

Galaxy Fund believes that the current industry rotation intensity is high, the main line of the market may be incubating, and attention should be paid to the semi-annual reports of listed companies. As the market risk appetite is moderately restored, the market style is also spreading from high dividends to high prosperity and high ROE.

Editor: Captain

Audit: Wooden Fish

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