spinpokeronline| More than 6 billion yuan, continue to bargain-hunting stock ETFs!

Source: China Fund Daily

Reporter Zhang Ling

The market continues to fluctuate, funds to borrow through the ETF bottom action constantly. Wind data show that on May 24th, the stock ETF market realizedSpinpokeronlineA net inflow of more than 6 billion yuan.

At the same time, the head fund's ETF products also continue to be favored by the market, such as Yi Fonda Fund's ETF received a total net inflow of more than 500 million yuan on the same day, while Huaxia's Shanghai Stock Exchange 50ETF received a net inflow of more than 2.4 billion yuan last week.

The net inflow exceeded 6 billion yuan on May 24th.

According to Wind data, as of May 24, the total size of ETF (including cross-border ETF) in the market is about 2.Spinpokeronline1 trillion yuan.

On May 24, the three major A-share indexes retracted collectively. By the close, the Prev index was down 0.88%, the Shenzhen Composite Index was down 1.23%, and the gem index was down 1.81%. In terms of industry performance, electricity, agriculture, forestry, animal husbandry and fishing led the increase, while computers and real estate declined more.

From the stock ETF market capital flow point of view, funds continue to bottom, the day the fund share increased by 4.29 billion, according to the average transaction price, the net inflow of capital about 6.034 billion yuan.

In terms of specific net inflows, a total of 18 products had a net inflow of more than 100 million yuan on May 24. Among them, the Shanghai 50ETF of Huaxia Fund received a net inflow of 1.306 billion yuan, with the latest scale reaching 113.406 billion yuan. Huatai Perry Fund's Shanghai and Shenzhen 300ETF and Huitianfu Fund's 800ETF ranked second and third with net inflows of 1.076 billion yuan and 461 million yuan respectively.

In the market shock, the head fund company's ETF products continue to be favored by the market, the overall net inflow of funds.

Data show that on May 24, the ETF of Yi Fangda Fund received a total net inflow of 535 million yuan, of which the gem ETF received a net inflow of 330 million yuan on the same day, making the total size of products reach 54.657 billion yuan. Shanghai and Shenzhen 300ETF Yi Fangda also received a net inflow of 240 million yuan, pushing up the size of the ETF to 137.253 billion yuan. In addition, Science and Technology Innovation Board 50ETF received a net inflow of more than 100 million yuan, while China Securities A50ETF Yi Fangda and Pharmaceutical ETF also showed a net inflow.

In Huaxia Fund ETF products, in addition to the aforementioned Shanghai Stock Exchange 50ETF, Kechuang 50ETF has a net inflow of 322 million yuan, with a scale of 70.8 billion yuan. Shanghai and Shenzhen 300ETF Huaxia net inflow of 287 million yuan, the scale of 98.129 billion yuan, gem 100ETF Huaxia net inflow of 270 million yuan, game ETF and chip ETF net inflow of 130 million yuan and 97 million yuan respectively.

In terms of net outflow, there were five products with a net outflow of more than 100 million yuan on that day, of which there were more net outflows of Hong Kong stock theme ETF and power, cloud computing and other industry theme products.

Last week, the net inflow of 50ETF from Shanghai Stock Exchange exceeded 2.4 billion yuan.

Looking at the capital flow of the stock ETF market last week (May 20-May 24), there was a net outflow in the first three trading days and a net inflow in the last two trading days. If measured according to the average price of the interval transaction, the net outflow last week was about 278 million yuan.

Among them, the net inflow, last week, a total of 40 products net inflow of more than 100 million yuan, of which Huaxia Fund's Shanghai Stock Exchange 50ETF ranked first with a net inflow of 2.402 billion yuan. The Shanghai and Shenzhen 300ETF of Penghua Fund and Castrol Fund ranked second and third with a net inflow of 810 million yuan and 600 million yuan respectively.

In addition, there are banks, semiconductors, pharmaceuticals, brokers and other industry-themed ETF products to get more net inflows.

In terms of net outflow, CSB 500ETF has the largest net outflow, reaching 3.3 billion yuan; in addition, CSI 1000ETF, dividend ETF, Hang Seng Technology ETF and other net outflows all exceed 500 million yuan.

Looking forward to the future, the people's livelihood plus silver fund said that structurally, sectors such as aquaculture, hydropower and photovoltaic performed relatively well. With the landing of performance disclosure, the Politburo meeting set the tone to "take advantage of the situation", special bonds and special treasury bonds projects are expected to accelerate the landing, last year's low base against the background of structural improvement in profits is still in the trend, the quality of corporate earnings will be further improved.

Wells Fargo Fund also believes that as policies gradually improve the current situation on the demand side and the real estate market, China's economic fundamentals are expected to continue to stabilize and improve. At present, A-share valuation, risk premium and other indicators still have a good investment performance-to-price ratio, and the sustainability and flexibility of the future market will depend more on the verification of subsequent economic data.