ETF市场周报 | 市场先抑后扬！三大指数本周表现亮眼，科技类ETF领跑市场

Market Overview - A-shares experienced a rebound after an initial decline, with major indices showing significant gains by the end of the week, driven by positive news and upcoming policy windows [1] - The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rose by 1.91%, 3.73%, and 5.69% respectively [1] - The ETF market saw an average decline of 1.16%, with bond ETFs performing slightly better, increasing by 0.20% [1] ETF Performance - Technology ETFs showed strong upward movement, with the top-performing ETFs being predominantly in the fintech and software sectors, led by the Financial Technology ETF from Huaxia with a gain of 14.33% [2] - The demand for AI technology is highlighted by Nvidia's strong financial performance, with a 73% year-on-year growth in its data center business [3] Fund Flow Trends - The ETF market saw a net inflow of 37.24 billion yuan, with bond ETFs leading the inflow at 183.05 billion yuan [6][9] - Defensive assets, particularly bond and bank ETFs, continue to attract significant investment, indicating a cautious market sentiment [6][9] Sector Insights - The insurance capital from the mainland has increasingly influenced the pricing of Hong Kong dividend assets, as domestic insurers seek stable, high-dividend investments [5] - The report from Shenwan Hongyuan suggests that while a full bull market is not yet established, factors such as "asset scarcity" and foreign capital inflow are laying the groundwork for continued investment in A-shares [3] Upcoming ETF Listings - Nine new ETFs are set to launch next week, including several enhanced index funds aimed at tracking the A500 index and focusing on technology and consumer sectors [11]