Under the sharp fall of the market, the call for the entry of disk protection funds is endless. Unlike in 2015, when securities and Huijin were directly in the secondary market, since the second half of last year, there have been mysterious funds to enter the market through ETFs (exchange-traded open-ended indexes**), especially in January this year.
According to wind statistics, the net asset value of the all-market ** ETF in August 2023 is about 135 trillion yuan, and as of January 31 this year, although the market value of the market has shrunk, the net asset value of the ** ETF has still increased to 143 trillion yuan, an increase of nearly 80 billion yuan.
From the perspective of ** share, the total share of ** ETFs in the whole market in August 2023 is about 121 trillion copies, and as of the end of January this year, the total share increased to 145 trillion copies, an increase of more than 240 billion copies.
ETFs** with CSI 300 as the subject attracted the most attention, with the top 3 ETFs with increased share in January this year all related to CSI 300, and 4 of the top 5** with increased share were related to CSI 300.
The share of E Fund CSI 300 ETF has increased every trading day since the beginning of this year, from 28.2 billion shares at the beginning of the year to more than 53.3 billion shares at present, with an increase of 25.1 billion shares during the period, which is the largest increase in shares**, with an increase of 89%. If calculated in July last year, the share of E Fund CSI 300 ETF is about 14.5 billion, an increase of 268% in half a year.
The share of Harvest CSI 300 ETF increased by more than 9.6 billion shares in January this year, an increase of more than 86% from the end of last year. The share of Huatai Pineapple CSI 300 ETF increased by nearly 9.5 billion in January, an increase of more than 25%; The share of ChinaAMC SSE 50 ETF increased by nearly 8 billion, an increase of more than 23%; The share of ChinaAMC CSI 300 ETF increased by nearly 7.4 billion, an increase of 69%.
In addition, E Fund ChiNext ETF and ChinaAMC SSE STAR Market 50 ETF both increased by more than 4 billion shares in January, and the shares of Huaan ChiNext 50 ETF, E Fund SSE STAR Market 50 ETF and GF SSE STAR Market 50 ETF also increased by more than 2 billion shares. Yinhua CSI 1000 Enhanced Strategy ETF, Cathay SSE Composite ETF, E Fund CSI 100 ETF and other shares increased by more than 50%.
From the perspective of the industry, the share of ChinaAMC CNI Semiconductor Chip ETF increased by more than 1.2 billion shares in January this year, ranking first; E Fund's CSI 300 non-bank ETF share increased by 85.4 billion followed, followed by Huabao CSI Medical ETF, Tianhong CSI Photovoltaic Industry ETF, Penghua Guoxi Semiconductor Chip ETF and other shares in January, which also increased by more than 100 million shares.
In terms of conceptual themes, E Fund CSI Artificial Intelligence ETF, CSI New Energy ETF, and Wells Fargo CSI Carbon Neutrality ETF increased by more than 100 million shares. The share of Ping An SOE Win-Win ETF surged by more than 130% in January, the only theme that increased by more than 1 time**, and the shares of Southern China SOE Win-Win ETF and ICBC SSE Central Enterprise 50 ETF also increased by more than 50%.
Yang Delong, chief economist of Qianhai Open Source, suggested that to stabilize the market, it is not only necessary to buy CSI 300, CSI 500** shares, and mid-cap stocks, but also to buy ETFs such as the ChiNext index, so that the overall confidence of the market can be boosted. And for small-cap stock indexes, it doesn't take too much money to play a backing role.
Guohai ** believes that the current stabilization of the market is accelerating, the RRR cut and the Huijin ** ETF break the negative feedback of liquidity, and the construction of an investor-oriented capital market is more exciting, and the market is the first choice for central state-owned enterprises + over-falling growth.
Editor-in-charge: Ren Haopeng |Review: Li Zhen |Supervisor: Wan Junwei.
*:*Times).