港股回调引资金逆势“抢筹”，恒生科技ETF易方达（513010）单日净流入1.3亿元，规模再创新高

Group 1 - A-shares experienced a high and then a pullback, with total trading volume exceeding 2.6 trillion yuan, while Hong Kong stocks showed fluctuations and adjustments, with net inflows from southbound funds exceeding 18.5 billion HKD, particularly in the innovative drug sector which led the decline [1] - The ETF market saw a net inflow of over 5 billion yuan, with the top three ETFs being related to the Hang Seng Technology Index, the Guozheng Hong Kong Stock Connect Innovative Drug Index, and the CSI All Share Securities Company Index, each exceeding 1.3 billion yuan [1] - The report from Guotai Junan Securities highlighted that reforms aimed at "increasing investor returns" are not only changing the system but also altering societal perceptions of the value of Chinese assets, contributing to a "transformation bull market" in Chinese stocks [1] Group 2 - The net inflow rankings for equity indices on August 8 showed that the Hang Seng Technology Index had a net inflow of 14.2 billion yuan, while the Hong Kong Stock Connect Innovative Drug Index and the Securities Company Index had net inflows of 14.1 billion yuan and 13.3 billion yuan respectively [2] - Conversely, the CSI 300 Index experienced a net outflow of 10.6 billion yuan, while the CSI 1000 and CSI 500 indices saw net outflows of 11.5 billion yuan and 13.1 billion yuan respectively [2] - The recent performance of these indices indicates varying investor sentiment, with the Hang Seng Technology Index and the Hong Kong Stock Connect Innovative Drug Index showing positive five-day performance, while others like the CSI 500 are underperforming [2]