Venture(US:VEMLY) Xin Lang Ji Jin·2025-10-17 09:53Core Viewpoint - The article discusses the performance of various ETFs managed by Huabao Fund, highlighting the market trends and sectoral fund flows as of October 17, 2025, indicating a shift in market style and investor preferences [1][2]. Market Performance - The A50 ETF from Huabao, launched on March 18, 2024, has seen a decline of 2.38% [1]. - The overall market, represented by the Shanghai Composite Index, experienced a drop of 3.36%, with a total trading volume of 1.94 trillion yuan, an increase of 69 billion yuan from the previous day [1]. Fund Flow Analysis - The top three sectors for net capital inflow are: - Textile and Apparel: 1.424 billion yuan - Real Estate: 864 million yuan - Transportation: 841 million yuan [2]. - Institutional views suggest a noticeable shift in fund flows, with a defensive stance emerging in the market, particularly in the technology sector [2]. ETF Offerings - Huabao Fund has launched three major broad-based ETFs tracking different indices: - A50 ETF: Focuses on the top 50 core leading companies [2]. - A100 ETF: Covers the top 100 industry leaders [2]. - A500 ETF: Targets the top 500 companies in the A-share market [3].