落袋为安！超50亿，“跑了”

Core Viewpoint - The stock ETF market experienced a net outflow of 5.1 billion yuan on July 15, with mixed performance across A-share indices, as the Shanghai Composite Index slightly declined while the ChiNext surged by 1.73% [1][2]. Market Overview - As of July 15, the total scale of 1,140 stock ETFs in the market reached 3.66 trillion yuan, with a reduction of 1.692 billion units in total shares, translating to a net outflow of approximately 5.112 billion yuan based on average transaction prices [3]. - The largest net outflow was observed in broad-based ETFs, amounting to 9.31 billion yuan, with the CSI A500 Index ETF leading the outflow at 3.277 billion yuan [3]. Fund Performance - Specific ETFs that saw significant net outflows include the ChiNext ETF with 1.351 billion yuan, the CSI 300 ETF with 1.244 billion yuan, and the Artificial Intelligence ETF with 788 million yuan [3]. - Despite the overall outflow, certain products, particularly industry-themed ETFs and Hong Kong market ETFs, attracted inflows of 2.521 billion yuan and 1.627 billion yuan, respectively [5][7]. Investment Sentiment - Analysts noted that since July, the A-share market has shown signs of recovery, with the Shanghai Composite Index surpassing 3,500 points, leading some short-term investors to take profits [3]. - Looking ahead, BoShi Fund expressed optimism about the market's strong performance and suggested that the index may continue to rise, driven by liquidity and risk appetite [3]. Sector Recommendations - BoShi Fund recommended focusing on aggressive and flexible sectors such as technology growth and cyclical sectors that may benefit from stable growth policies, specifically highlighting media, computer, machinery, non-bank financials, real estate, food and beverage, and pharmaceutical industries [3][4]. Notable Inflows - The top inflow products included the Sci-Tech 50 ETF with over 900 million yuan, followed by the Hong Kong Securities ETF with 702 million yuan, and the National Semiconductor ETF with 537 million yuan [5][6]. - The top five sectors for inflows were the Dividend Index (1.43 billion yuan), Sci-Tech 50 Index (1.35 billion yuan), Semiconductor Index (1.32 billion yuan), Hong Kong Financial Index (870 million yuan), and Hong Kong Technology Index (820 million yuan) [5].