30亿！“落袋为安”
Zhong Guo Ji Jin Bao·2025-12-11 06:22

Core Viewpoint - The A-share market experienced mixed performance on December 10, with the Shanghai Composite Index declining by 0.23%, while the Shenzhen Component Index rose by 0.29%. Key sectors such as duty-free shops, precious metals, retail, and diversified finance saw gains, whereas banks, consumer electronics, and cultivated diamonds faced declines [1]. Fund Flow Summary - On December 10, stock ETFs (including cross-border ETFs) saw a net outflow of 32.8 billion yuan. The top five sectors for net inflows were dividends (10.1 billion yuan), Sci-Tech 50 Index (8.5 billion yuan), Hong Kong tech (7.6 billion yuan), Hang Seng Tech Index (7.2 billion yuan), and semiconductors (5.7 billion yuan) [3]. - The sectors with the highest net outflows included the CSI 300 Index (17.7 billion yuan), CSI 500 Index (16.1 billion yuan), CSI 1000 Index (10.0 billion yuan), Shanghai 50 Index (9.0 billion yuan), and artificial intelligence (8.0 billion yuan) [3][8]. ETF Performance - Leading fund companies reported that E Fund's ETF had a latest scale of 820.53 billion yuan, with a net inflow of 4.3 billion yuan on the previous day, marking an increase of 219.88 billion yuan year-to-date [3]. - The top inflow ETFs included A500 ETF (6.29 billion yuan), Sci-Tech Chip ETF (6.17 billion yuan), and Hong Kong Tech 50 ETF (4.36 billion yuan) [7]. - Conversely, the top outflow ETFs were CSI 500 ETF (-14.43 billion yuan), CSI 300 ETF (-9.64 billion yuan), and Shanghai 50 ETF (-8.55 billion yuan) [8]. Market Outlook - E Fund's index investment department manager indicated that the market is expected to stabilize, with a balanced style being more suitable. December is seen as a transitional period for policies and corporate operations, with important meetings providing key insights for the economic direction in the coming year [9]. - Longcheng Fund expressed optimism towards technology, brokerage, and consumption sectors, highlighting opportunities in Hong Kong internet, media, computing, and manufacturing sectors, as well as in financial services and cyclical stocks [9].