超百亿，“跑步”进场！

Core Viewpoint - On August 15, the A-share market experienced a rebound with significant inflows into stock ETFs, exceeding 10.6 billion yuan, driven by major indices like the SSE 50, CSI 300, and CSI 1000 [1][3][5]. Fund Inflows - The total net inflow into stock ETFs (including cross-border ETFs) reached 10.607 billion yuan, bringing the latest total scale to 3.93 trillion yuan [3]. - Leading fund companies saw substantial increases, with E Fund's ETF scale rising to 701.88 billion yuan, an increase of 8.74 billion yuan on August 15, and a total increase of 101.23 billion yuan since 2025 [3]. - Notable inflows included 500 million yuan into E Fund's ChiNext ETF, 310 million yuan into the Hong Kong Securities ETF, and 230 million yuan into the Hang Seng Technology ETF [3]. Key ETFs - The SSE 50 ETF, CSI 300 ETF, and CSI 1000 ETF emerged as the main beneficiaries of inflows, with the SSE 50 ETF seeing a net inflow of 2.474 billion yuan and the CSI 300 ETF 1.598 billion yuan [5][6]. - The Hong Kong Stock Connect Non-Bank ETF and the Hong Kong Stock Connect Technology 30 ETF also attracted significant inflows [5]. Fund Outflows - Conversely, several thematic ETFs such as the Securities ETF, Software ETF, and Chip ETF experienced notable outflows, with the Securities ETF seeing a net outflow of 740 million yuan [8][9]. - The top outflowing ETFs included the Securities ETF with a total scale of 36.544 billion yuan and the Broker ETF with 26.734 billion yuan [9]. Market Performance - On August 18, the A-share market continued to perform well, with the Shanghai Composite Index rising by 1.18%, and 24 ETFs recorded gains exceeding 5% [10]. - The sectors leading the gains included artificial intelligence, film and television, financial technology, and communication equipment, while growth-related ETFs in the Sci-Tech sector lagged [10]. Economic Outlook - E Fund's index investment department expressed optimism for August, citing a moderate recovery in the economic fundamentals and structural opportunities in the market [11]. - Bosera Fund highlighted that the short-term outlook remains strong due to external uncertainties and domestic economic recovery, with a gradual upward trend expected in the market [12].