超20亿，跑了！

Core Viewpoint - On July 9, the A-share market experienced mixed performance with the overall stock ETF seeing a net outflow of over 2 billion yuan, indicating a trend of investors opting to secure profits amidst market fluctuations [1][3]. ETF Fund Flows - The total scale of the stock ETFs in the market reached 3.61 trillion yuan, with a net outflow of 22.22 billion yuan on July 9 [3]. - Bond ETFs and industry-themed ETFs saw significant net inflows, amounting to 18.29 billion yuan and 11.9 billion yuan respectively [3]. - The top-performing ETFs in terms of net inflow included the Sci-Tech 50 ETF and the CSI 1000 ETF, each with inflows exceeding 2 billion yuan [3]. Individual ETF Performance - The top three ETFs by net inflow on July 9 were: - Sci-Tech 50 ETF: 5.94 billion yuan - Sci-Tech Chip ETF: 4.53 billion yuan - Semiconductor ETF: 3.46 billion yuan [4][5]. - Other notable inflows included the Dividend Low Volatility ETF (2.60 billion yuan) and the CSI 1000 ETF (2.48 billion yuan) [4]. Outflows from Broad-based ETFs - Broad-based ETFs experienced a significant net outflow of 41.31 billion yuan, with the CSI A500 index alone accounting for a net outflow of 21.49 billion yuan [6][7]. - Major products contributing to the outflow included the CSI 300 ETF (5.73 billion yuan) and the ChiNext ETF [7]. Market Outlook - The valuation levels of major A-share and Hong Kong stock indices are currently near historical medians, suggesting potential long-term investment value despite recent market corrections [7].