You are afraid of me greedy! More than 10 billion funds entered the market to buy the bottom, pharmaceuticals and AI were bought by the main force, and the share of ChiNext ETFs continued to soar (with list)
ETF
An ETF is an exchange-traded open-end fund with variable fund shares. For ordinary investors, ETFs can also be bought and sold on the secondary market of the exchange after being split into smaller trading units just like ordinary stocks. In this way, investors can make money as long as they earn the index, no longer have to study stocks and worry about stepping on landmine stocks, in addition, ETF transaction costs are also very low, only trading commissions.
Most stock indexes rebounded this week, and over-the-counter funds began to enter the market, with a total net inflow of about 12.6 billion yuan in the five index ETFs this week, of which the CSI 300 ETF and the Shanghai Stock Exchange 50 ETF had net inflows of 4 billion yuan and 3.8 billion yuan respectively.
It is worth noting that after ChiNext ETFs hit a new one-year low this week, over-the-counter funds entered the market in a big way, and the share rose to 17.53 billion shares this week, a record high.
More than 10 billion funds entered the market
This week, the Shanghai and Shenzhen markets traded 4.72 trillion yuan, of which the Shanghai market traded 1.92 trillion yuan this week. As of the latest close, the Shanghai Composite Index closed at 3230.07 points, up 0.55% for the week, and the Shenzhen Component Index closed at 10998.08 points, up 0.81% for the week.
The performance of major stock indices and related ETFs this week
Major stock indexes were mixed this week, with the Shanghai 50 down 0.63%, while the Science and Technology 50, CSI 500, CSI 300 and ChiNext Index rose 1.41%, 1.16%, 0.28% and 0.18% respectively.
In terms of tracking major indices, the shares of the five major index ETFs increased collectively this week, with the SSE 50 ETF, ChiNext ETF, CSI 300 ETF, Science and Technology 50 ETF and CSI 500 ETF increasing by 1.543 billion, 1.221 billion, 979 million, 653 million and 191 million respectively.
Overall, most stock indexes rebounded this week, and over-the-counter funds began to enter the market, with a total net inflow of about 12.6 billion yuan for the five index ETFs this week, of which the CSI 300 ETF and the SSE 50 ETF had net inflows of 4 billion yuan and 3.8 billion yuan respectively.
It is worth noting that after ChiNext ETFs hit a new one-year low this week, over-the-counter funds entered the market in a big way, and the share rose to 17.53 billion shares this week, a record high.
Changes in the secondary market price and share of ChiNext ETFs (159915).
For the current market trend, some brokerages said that after the adjustment of the contraction of A-shares, the valuation returned to a low level, and the allocation value of A-shares was also highlighted, and it is expected that A-shares will have a bottom stabilization process in June. At the style level, the long-term still adheres to the judgment of balanced allocation, and the short-term recommendation is to pay attention to the game opportunities of ChiNext and Science and Technology Innovation Board. In terms of industry allocation, the market will still be dominated by thematic opportunities, and we can continue to pay attention to the communications, computer, and electronics industries in the upstream computing power sector under the background of the initial confirmation of the AI industry chain; At the same time, it can also pay attention to media, medicine and other industries involving downstream applications.
Medicine and artificial intelligence are sought after by funds
In terms of industry-themed ETFs, there were 20 funds with a share increase of more than 200 million shares this week, of which the shares of pharmaceutical ETFs, securities ETFs and artificial intelligence ETFs increased by 1.145 billion, 1.128 billion and 685 million respectively, with net inflows of 529 million yuan, 1.183 billion yuan and 610 million yuan respectively.
In terms of capital outflows, the shares of 8 industry-themed ETFs decreased by more than 100 million this week, and the shares of semiconductor ETFs, central enterprise dividend ETFs and aquaculture ETFs decreased by 490 million, 486 million and 352 million respectively, with net outflows of 854 million yuan, 485 million yuan and 259 million yuan, respectively.
It is worth noting that the pharmaceutical ETF (512010) fell 2.21% this week, hitting a new low in nearly 7 months, while over-the-counter funds continued to enter the market, rising to a record high of 42.51 billion shares this week.
Secondary market price and share changes in pharmaceutical ETF (512010).
In addition, the share of AI ETFs (159819) surged to 4.781 billion shares this week, a record high.
Changes in secondary market prices and shares of AI ETFs (159819).
Overall, among the 440 industry-themed ETFs, 305 increased their shares this week, 135 decreased, and more than half of the funds saw an increase.
Gold-related ETFs rose more than 1%
Commodity ETFs were mixed this week, with the exception of soybean meal ETFs, which fell 1.77%, while the rest of the products rose, with energy and chemical ETFs up 3.14% and 1.92% respectively, and gold-related ETFs rising more than 1%.
There are 18 cross-border ETFs with a turnover of more than $1 billion this week. From the perspective of market performance, except for HK innovative drugs, which fell slightly, the rest of the varieties rebounded sharply, with HSI Technology, Hong Kong Stock Connect Internet ETF and NASDAQ ETF rising by more than 4%.
The direction of passive money allocation next week
Fund heavy stocks have always been a hot spot for investors, but the heavy stocks of actively managed funds surface, usually have a certain lag, and the subject of ETF layout is very clear, by tracking newly listed ETFs, you can usually find recent hot stocks, and the incremental funds brought by newly listed ETFs are also worth paying attention to.
At present, 4 ETFs are disclosed to be listed next week, tracking the return of shareholders of central enterprises and software services.
Four ETFs disclosed for next week's issuance tracking China Securities Wealth Management, Non-Ferrous Metals, CSI 800 and Hong Kong Stock Connect Healthcare Index.
Investing is risky and independent judgment is important
This article is for reference only, does not constitute a basis for trading, and enters the market at your own risk.
Per reporter Ye Feng Per editor Xiao Ruidong