A股大利好，狂买400亿！

Core Insights - On November 21, the stock ETF market saw a net inflow exceeding 40 billion yuan, indicating a trend of investors "bottom-fishing" during market corrections [1][2] Summary by Category Market Overview - The three major A-share indices experienced significant declines, with the ChiNext Index dropping over 4%, the Shenzhen Component Index down 3.41%, and the Shanghai Composite Index falling 2.45% [1] - The total scale of 1,262 stock ETFs in the market reached 4.47 trillion yuan, primarily affected by the market downturn [1] Fund Inflows - On November 21, the overall net inflow into stock ETFs was 407.57 billion yuan, with significant contributions from broad-based ETFs and thematic industry ETFs [1] - The net inflows for broad-based ETFs and industry-themed ETFs were 272.7 billion yuan and 73.57 billion yuan, respectively [1] - Specific ETFs tracking major indices saw substantial inflows: - 48.9 billion yuan for the CSI 300 ETF - 39 billion yuan for the CSI 500 ETF - 38.6 billion yuan for the STAR Market 50 ETF - 37.8 billion yuan for the ChiNext ETF - 33.3 billion yuan for the CSI 1000 ETF [1] Notable ETF Performances - The E Fund's ChiNext ETF had a net inflow of 27.87 billion yuan on the same day, totaling 46 billion yuan for the week [2] - The Huaxia Fund's STAR 50 ETF and CSI 1000 ETF saw net inflows of 24.04 billion yuan and 10.59 billion yuan, respectively [2] - Over the past five days, the Hang Seng Technology Index attracted over 10.5 billion yuan, while the CSI 500 Index received over 6.4 billion yuan [2] Sector Analysis - The artificial intelligence sector also attracted significant inflows, with a total of 9.1 billion yuan for AI-related ETFs and 10.2 billion yuan for robotics ETFs [2] - The brokerage sector, often seen as a "bull market flag bearer," also experienced inflows, with the Guotai Fund's securities ETF receiving 11.85 billion yuan [2] Fund Outflows - The banking sector faced notable outflows, with a total of 4.6 billion yuan leaving the sector on November 21 [4] - The top outflowing ETFs included the Battery 50 ETF with a net outflow of 4.22 billion yuan and the Bank ETF with 3.21 billion yuan [5] Future Outlook - Short-term market fluctuations may occur due to expectations of a Federal Reserve interest rate cut, but the potential for significant declines is limited due to policy support [6] - Mid-term prospects for A-shares appear stable, with opportunities in dividend sectors and areas supported by innovation policies [6]