A share sentiment is picking up! The Shanghai Composite Index broke through 2,800 points, and ETF in

Mondo Finance Updated on 2024-02-09

The A** market ushered in a significant ** on February 7, with the Shanghai Composite Index successfully breaking through 2,800 points, and the Shenzhen Component Index and the ChiNext Index also rising by more than 2%. In the context of the market, the inflow of funds in the ETF market is particularly eye-catching, with a net inflow of more than 44 billion yuan in a single day, and a cumulative net inflow of more than 100 billion yuan in the first three trading days of this week. This flow shows the market's preference for broad-based index ETFs, especially the CSI 300 ETF, which has a net inflow of 30.9 billion yuan in a single day. In addition, due to the expansion of the scope of ETF holdings by **Huijin, small- and mid-cap ETFs have also attracted a large amount of funds, such as CSI 500 ETF and CSI 1000 ETF.

Industry experts believe that this inflow of medium and long-term funds not only provides liquidity to the market, but also sends a positive signal to investors, helping to boost market sentiment and improve risk appetite. As an important tool for investors to lay out the A** market, the attractiveness of ETFs continues to increase. Mid- and mid-cap indices such as the CSI 500 and CSI 1000 have outperformed the market for two consecutive days, indicating that the market is paying close attention to the valuation and growth potential of these indices.

*Huijin's increase in holdings is regarded as an important measure to stabilize the capital market, and its effect has been reflected in the continuous development of the market. ETFs owned by large ** companies, such as E Fund's CSI 300 ETF, also showed a strong net inflow trend, and its total scale exceeded the 100 billion yuan mark. Despite this, some ETFs have seen net outflows, such as ChinaAMC SSE STAR Market 50 ETF and Wells Fargo SSE Composite ETF, but the overall outflow is relatively small.

Analyst Shen Chao pointed outAt present, the risk premium of A-shares is at a historical high, and the investment value is significant. With the continuous introduction of policies, the improvement of the macro economy and the improvement of the fundamentals of listed companies, the market is expected to usher in the restoration and return of value.

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