资金周报｜国防ETF(512670)红盘向上，商业航天概念再度走强（12/29-12/31）

Market Overview - The total scale of equity ETFs in the market reached 50,178.47 billion yuan, with a decrease of 319.95 billion yuan in total scale over the past week and an increase of 2.608 billion shares, resulting in a net outflow of 0.04 billion yuan [1] - Industry and thematic ETFs saw a net inflow of 26.08 billion yuan, primarily driven by the non-ferrous metals sector, while broad-based and strategic ETFs experienced a net outflow of 57.68 billion yuan [1] Fund Inflow and Outflow Directions - In the broad-based and strategic ETF segment, the top three inflow sectors were: CSI A500 (+18.89 billion yuan), Strategy-Dividend (+16.95 billion yuan), and Innovation 50 (+16.02 billion yuan). The top three outflow sectors were: SSE 50 (-33.56 billion yuan), CSI 300 (-33.29 billion yuan), and CSI 500 (-14.30 billion yuan) [2][3] - In the industry and thematic ETF segment, the top five inflow sectors were: non-ferrous metals (+48.18 billion yuan), non-bank financials (+16.64 billion yuan), robotics (+12.04 billion yuan), chemicals (+6.49 billion yuan), and steel (+5.20 billion yuan). The top five outflow sectors were: military industry (-17.57 billion yuan), artificial intelligence (-14.89 billion yuan), communication (-7.10 billion yuan), computing (-6.02 billion yuan), and rare earths (-5.05 billion yuan) [4] Key Focus Areas - The National Defense ETF (512670) showed an upward trend, with the commercial aerospace concept gaining strength. Recent meetings emphasized promoting commercial aerospace development and pushing for the industrialization of the aerospace sector [5] - The "Vesta II" electromagnetic launch rocket is expected to reduce launch costs to 500 USD/kg, significantly lower than SpaceX's 3,000 USD/kg, which is one-sixth of SpaceX's cost. This could lead to a breakthrough in satellite networking progress as the bottleneck in rocket launches is addressed [6] - The China Defense Index (399973) rose by 2.09%, with notable increases in component stocks such as Kexing Technology (+13.01%), Aerospace Electronics (+10.01%), and Baotai Co. (+8.16%). The National Defense ETF (512670) increased by 2.15%, with a latest price of 0.9 yuan [6][7]