和讯投顾黄杰：为什么ETF都在买买买？

Group 1 - The core viewpoint is that the market is not likely to experience a significant downturn due to strong support from continuous ETF buying behavior [1] - As of December 15, the total ETF shares reached 3.3 trillion, with a total scale of 5.78 trillion yuan, an increase of 2 trillion yuan since the beginning of the year, indicating substantial inflow of funds into the market [1] - The stability of the LPR, with a one-year rate at 3.0% and a five-year rate at 3.56%, has positively impacted economic growth and market expectations, contributing to market stability [1] Group 2 - The market is seeing continuous buying and selling of the CSI 500 ETF, which has reached a scale of 245.935 billion yuan, with a net inflow of 32.7 billion yuan last week, accounting for 70% of the net inflow of stock ETFs [2] - Major ETFs from companies like Huaxia, Guotai, and E Fund have scales exceeding 20 billion yuan, indicating ongoing capital inflow rather than outflow [2] - The analysis suggests that the market is likely to continue oscillating at its current position and may gradually break upwards, with a focus on the performance around the 3900-point mark [2]