Workflow
ETF资金周报（7/28-8/1）｜香港科技板块获大幅资金流入，化工ETF（159870）连续12日净申购、规模突破39亿
Sou Hu Cai Jing·2025-08-05 11:35

Market Overview - The total scale of equity ETFs in the market reached 38,985.97 billion yuan, with a decrease of 710.20 billion yuan in total scale over the past week and a net outflow of 70.29 billion yuan [1] - The Hong Kong and overseas sector ETFs saw a net inflow of 160.87 billion yuan, primarily driven by inflows into the Hong Kong technology sector [1] - The broad-based and strategy sector ETFs experienced a net outflow of 302.36 billion yuan [1] Fund Inflow and Outflow Directions - In the broad-based and strategy sector ETFs, the top three inflow sectors were: strategy-dividend, free cash flow, and Sci-Tech 200; the top three outflow sectors were: CSI 300, CSI A500, and Sci-Tech 50 [2] - In the industry and thematic sector ETFs, the top five inflow sectors were: securities, innovative drugs, insurance, food and beverage, and major consumption; the top five outflow sectors were: semiconductor chips, pan-pharmaceuticals, photovoltaics, infrastructure, and computers [2] Weekly Net Inflows and Outflows by Industry - The top five industries with net inflows were: securities (36.26 billion yuan), innovative drugs (25.83 billion yuan), insurance (23.45 billion yuan), food and beverage (16.87 billion yuan), and major consumption (12.63 billion yuan) [3] - The top five industries with net outflows were: semiconductor chips (-40.74 billion yuan), pan-pharmaceuticals (-18.05 billion yuan), photovoltaics (-16.89 billion yuan), infrastructure (-14.98 billion yuan), and computers (-8.80 billion yuan) [3] Chemical Sector Insights - The chemical sector has seen continuous inflows, with the chemical ETF (159870) experiencing net subscriptions for 12 consecutive days, reaching a scale of over 3.9 billion yuan [3] - The "anti-involution" policy is expected to be a focus until 2025 or longer, targeting severe competition in key industries for capacity governance [3] - The chemical industry is anticipated to undergo a supply-side optimization, leading to improved profitability as outdated capacities are phased out [3]