“养猪ETF”——养殖ETF（159865）今日盘中净流入3800万份，近10日净流入超2.4亿元，资金抢筹布局养殖板块

Group 1 - The core viewpoint indicates that the aquaculture sector is experiencing significant capital inflow, with the aquaculture ETF (159865) seeing a net inflow of 38 million units today and over 240 million yuan in the past 10 days, suggesting strong investor interest in aquaculture assets [1] - Financial analysis highlights that excess operating profits are driving rapid improvement in asset quality, with companies focusing on cost advantages to achieve stable excess operating profits relative to the industry [1] - The current industry phase is characterized by reduced capital expenditures and high depreciation, leading to improved free cash flow and a recovery in balance sheets, which is expected to boost net assets and profits in the medium to long term [1] Group 2 - Institutions suggest that the aquaculture sector may have entered a configuration phase, recommending attention to marginal changes in the aquaculture ETF (159865) [2] - For investors without stock accounts, alternative options include the Guotai CSI Livestock Aquaculture ETF Connect A (012724) and Connect C (012725) [2]