On September 24th (this Tuesday), driven by multiple significant positive news, the A-share market was fully ignited, with the three major indices all rising by more than 4%, and the total turnover for the day approached 1 trillion yuan.
Under the strong market, more than 18 billion yuan of funds entered through stock ETFs on the same day, with significant increases in trading volume for major broad-based index ETFs such as the CSI 300, ChiNext, and Zhongzheng 1000.
Overall, since September, stock ETFs have also maintained an inflow trend, with a total "suction of funds" exceeding 60 billion yuan.
Single-day net inflow of funds exceeded 18.1 billion yuan
According to Wind data statistics, as of September 24th, the total scale of 921 stock ETFs (including cross-border ETFs) in the entire market was 2.48 trillion yuan.
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The fund flow of stock ETFs shows that under the strong market, the funds mainly flowed in on Tuesday. It is estimated that the net inflow of funds for stock ETFs on that day was 18.13 billion yuan.
Looking at the net purchase ranking, more than 30 stock ETFs with a net inflow of more than 100 million yuan on the same day, with broad-based ETFs leading in net inflow, and CSI 300 ETF, Zhongzheng 1000 ETF, and Zhongzheng 500 ETF becoming the main "suction of funds" on the day.
Specifically, the net inflow of CSI 300 ETFs under HuaTai Bo Rui, Yi Fangda, and Huaxia approached 11 billion yuan, and the CSI 300 index varieties received about 28 billion yuan of funds in the past five days. After continuous fund inflows, HuaTai Bo Rui CSI 300 ETF and Yi Fangda CSI 300 ETF have entered the 30 billion yuan and 20 billion yuan eras, respectively.
The net inflow of Zhongzheng 1000 ETF and Zhongzheng 500 ETF under Nanfang was 2.856 billion yuan and 2.322 billion yuan, respectively, and the net inflow of Huaxia Zhongzheng 1000 ETF also exceeded 1.2 billion yuan. In addition, the net inflow of Huaxia Zhongzheng 500 ETF, Guangfa Zhongzheng 1000 ETF, and Huaxia Kechuang 50 ETF all exceeded 400 million yuan.
It is worth mentioning that yesterday's market heating up, the transaction volume of A-share ETFs expanded, with a total transaction volume exceeding 85 billion yuan, which is 2.85 times that of the previous trading day.Among them, the main broad-based index ETFs showed a significant increase in trading volume. Huatai-PineBridge CSI 300 ETF's trading volume reached 13.213 billion yuan, 4.48 times the trading volume of the previous trading day, setting a new high since late January 2024; the trading volume of E Fund ChiNext ETF reached 5.158 billion yuan, setting a new high since February. In addition, Huaxia SSE 50 ETF, Southern China Securities 500 ETF, and Southern China Securities 1000 ETF all saw an increase in trading volume.
The inflow of funds into ETFs under the flagship of leading fund companies continued. Data shows that on September 24, Dividend ETF E Fund received 312 million yuan that day. In addition, Securities Insurance ETF and China Securities A50 ETF E Fund also received more than 100 million yuan in net inflows.
Among Huaxia Fund ETFs, on September 24, China Securities 1000 ETF, Huaxia CSI 300 ETF, and China Securities 500 ETF received net inflows of 1.231 billion yuan, 639 million yuan, and 449 million yuan, respectively, with scales reaching 23.508 billion yuan, 138.347 billion yuan, and 12.084 billion yuan, respectively.
Some broad-based ETFs such as SSE 50 saw the highest net outflows on Tuesday. On that day, some stock ETFs saw a large net outflow, with 10 exceeding 100 million yuan, with SSE 50 ETF and ChiNext ETF seeing the highest net outflows.
Among the top 20 stock ETFs with the highest net outflows, the SSE 50 Index saw the highest net outflow, with a single SSE 50 ETF seeing a net outflow of more than 1.5 billion yuan; the ChiNext Index and Shanghai Composite Index also saw a high net outflow, with two ChiNext ETFs and two Shanghai Composite ETFs seeing a net outflow of 1.465 billion yuan and 444 million yuan, respectively. In addition, three securities-related ETFs saw a combined net outflow of 356 million yuan. Furthermore, Hang Seng Technology, Nasdaq, and Dow-related index ETF varieties also saw varying degrees of net outflow.
It is worth mentioning that since September, stock ETFs have shown an overall inflow trend, with a total "absorption of funds" exceeding 60 billion yuan.
Among them, several representative CSI 300 ETFs saw net inflows exceeding 45 billion yuan, with ChiNext ETF, China Securities 1000 ETF, STAR 50 ETF, and other broad-based ETFs seeing a large inflow of funds, while securities, dividend low波动, and central enterprise industry-themed ETFs saw the highest "bleeding".
E Fund stated that against the backdrop of the Fed's interest rate cut, as domestic loose policies are密集ly introduced, short-term market confidence has been restored. The current low valuation level of A-shares provides support for subsequent market trends, and it still has a high allocation value in the medium and long term.
Bosera Fund stated that since the Mid-Autumn Festival, A-shares have improved amidst fluctuations. With the Fed's interest rate cut landing and domestic policy benefits, the trend of the overall market fluctuating and strengthening is expected to continue.