奇迹日，猛加仓！
Zhong Guo Ji Jin Bao·2025-10-14 06:21

Core Insights - The A-share market showed resilience against tariff impacts, with overall net inflow into stock ETFs exceeding 24.6 billion yuan on October 13, despite a collective decline in major indices [1][2]. ETF Market Overview - On October 13, stock ETFs (including cross-border ETFs) recorded a net inflow of 24.643 billion yuan, bringing the total scale to 4.59 trillion yuan [2]. - Industry-themed ETFs and Hong Kong market ETFs led the inflows, with net inflows of 18.151 billion yuan and 7.344 billion yuan, respectively [2]. - The Hang Seng Technology Index-related ETFs saw the highest single-day net inflow of 3.339 billion yuan, with over 6.5 billion yuan flowing in over the past five days [2]. Fund Company Performance - E Fund's ETF reached a scale of 819.2 billion yuan, with a net inflow of 4.98 billion yuan on October 13, and an increase of 218.55 billion yuan since 2025 [3]. - The E Fund's CSI 300 ETF had a net inflow of 1.09 billion yuan, bringing its scale to approximately 303 billion yuan [3]. - Huaxia Fund's chip ETF and Hang Seng Technology Index ETF also saw significant inflows of 1.025 billion yuan and 0.697 billion yuan, respectively [3]. Popular ETF Categories - Bank, non-ferrous metals, and chip ETFs emerged as the main "money magnets," attracting substantial inflows [4]. - The top inflow ETFs included Bank ETF (1.131 billion yuan), CSI 300 ETF (1.09 billion yuan), and non-ferrous metals ETF (1.063 billion yuan) [5]. Outflow Trends - Conversely, broad-based ETFs such as the Sci-Tech 50 ETF, CSI 500 ETF, and CSI 300 ETF experienced significant outflows, with the Sci-Tech 50 ETF seeing a net outflow of 1.151 billion yuan [6]. - The semiconductor, real estate, and communication ETFs also faced notable outflows [6]. Market Outlook - The market is expected to experience short-term volatility due to emotional factors, but significant adjustments may present better investment opportunities [7]. - Mid-term trends suggest that sectors like non-ferrous metals and AI hardware may remain key investment themes [7].