In July, the A-share market experienced a sharp retracement, but stock ETFs ushered in a massive influx of capital. Overall, broad-based ETFs and industry-themed ETFs among stock ETFs have attracted more than 470 billion yuan in total. Among them, broad-based index ETFs have become the absolute main force for capital purchases. ETFs that track core broad-based indices such as the Shanghai and Shenzhen 300 and the China Securities A500 have all been greatly increased, and broad-based ETFs that track Science and Technology Innovation 50, China Securities 1000, and GEM Index have also shown a multi-point trend. In terms of industry-themed ETFs, semiconductor ETFs with large declines showed a trend of falling and buying more, while Hong Kong stock technology ETFs, which have rebounded more, showed a trend of rising and selling more. It can be seen that capital bottoming out and take-profit operations exist at the same time. In terms of other assets, currency, commodity, and convertible bond ETFs received additional capital allocations, while credit bonds, interest rate bonds, and cross-border ETFs experienced net outflows of capital.

In July, the A-share market experienced a sharp retracement, but stock ETFs ushered in a massive influx of capital. Overall, broad-based ETFs and industry-themed ETFs among stock ETFs have attracted more than 470 billion yuan in total. Among them, broad-based index ETFs have become the absolute main force for capital purchases. ETFs that track core broad-based indices such as the Shanghai and Shenzhen 300 and the China Securities A500 have all been greatly increased, and broad-based ETFs that track Science and Technology Innovation 50, China Securities 1000, and GEM Index have also shown a multi-point trend. In terms of industry-themed ETFs, semiconductor ETFs with large declines showed a trend of falling and buying more, while Hong Kong stock technology ETFs, which have rebounded more, showed a trend of rising and selling more. It can be seen that capital bottoming out and take-profit operations exist at the same time. In terms of other assets, currency, commodity, and convertible bond ETFs received additional capital allocations, while credit bonds, interest rate bonds, and cross-border ETFs experienced net outflows of capital.