地缘冲突反复，军工ETF（512660）近5日净流入额超7.5亿元，今年来份额增长近40%

Core Viewpoint - The military industry sector is experiencing significant investment interest, particularly in military ETFs, driven by global geopolitical conflicts and advancements in China's military trade capabilities [1][2]. Group 1: Investment Trends - Military ETF (512660) has seen a net inflow of over 750 million yuan in the past five days, with a current scale of nearly 14 billion yuan, marking a nearly 40% increase in shares this year, making it the largest in its category [1]. - The military ETF closely tracks the CSI Military Index, which includes companies in aerospace, military electronics, shipbuilding, and weaponry, reflecting the overall performance of the military industry [2]. Group 2: Military Trade Developments - China's military trade products are gaining global attention due to their comparative advantages and improved production capabilities, with a focus on performance, cost-effectiveness, and production capacity [2]. - Pakistan, a key military trade partner, has sourced 81.15% of its military imports from China over the past five years, showcasing the high performance and cost-effectiveness of Chinese military equipment during recent conflicts [2]. Group 3: Industry Outlook - The military sector is expected to see strong domestic demand growth driven by the "14th Five-Year Plan," "Centenary of the Army," and "self-reliant domestic substitution" strategies, indicating a positive industry outlook [2].