长假后5个交易日近900亿元资金借道ETF入市

Group 1 - The core viewpoint of the article highlights a significant inflow of nearly 90 billion yuan into the market through ETFs in the five trading days following the holiday, indicating strong investor interest despite market adjustments [1] - The total net inflow of ETFs from October 9 to October 15 reached 87.87 billion yuan, with stock ETFs and cross-border ETFs being the primary contributors [1][2] - The stock ETFs showed a bifurcated trend, with a net inflow of 68.95 billion yuan while bond ETFs experienced a net outflow of 17.79 billion yuan during the same period [1][2] Group 2 - Within stock ETFs, there is a preference for technology growth and dividend defensive strategies, characterized as a "dumbbell" approach, with the top performer being the Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF, which saw a net inflow of 4.06 billion yuan [2] - In the cross-border ETF segment, funds are primarily flowing into the Hong Kong stock market, particularly in technology and internet sectors, with the Hang Seng Technology Theme ETF capturing six of the top ten inflows [2] - Leveraged funds are also accelerating their entry into the stock ETF market, with net purchases exceeding 100 billion yuan in the five trading days following October 9 [2] Group 3 - Looking ahead, the market outlook suggests that dividend assets and gold may provide protection during periods of declining risk appetite, while AI is expected to present active opportunities in the medium to long term [3] - The A-share market is likely to remain in an upward cycle, driven by multiple factors including performance, liquidity, and policy support, with a continued emphasis on technology innovation [3]