资金出手，加仓这类行业ETF

Core Viewpoint - The article highlights that on July 17, the A-share market experienced a significant inflow of funds into industry-themed ETFs, totaling 1.891 billion yuan, while broad-based ETFs faced substantial outflows [2][4]. Fund Flows - On July 17, the overall stock ETF (including cross-border ETFs) saw a net outflow exceeding 500 million yuan, with the latest scale reaching 3.69 trillion yuan. Industry-themed ETFs had a net inflow of 1.891 billion yuan, while broad-based ETFs experienced a net outflow of 4.048 billion yuan [4]. - The China Securities A500 Index ETF recorded the highest net outflow of 1.634 billion yuan on the same day. Over the past five days, the Hong Kong Securities Index saw inflows exceeding 3.1 billion yuan, and the Sci-Tech 50 Index saw inflows exceeding 3 billion yuan [4]. Leading Fund Companies - E Fund's ETF reached a latest scale of 662.94 billion yuan, with an increase of 4.73 billion yuan on July 17 and a total increase of 62.29 billion yuan since 2025, reflecting a net inflow of 14.76 billion yuan [4]. - On July 17, E Fund's Hong Kong Securities ETF and Sci-Tech 50 ETF each had a net inflow of 260 million yuan, while the Robotics ETF saw a net inflow of 20 million yuan, and the Hang Seng Dividend Low Volatility ETF had a net inflow of 90 million yuan [4]. Popular Thematic ETFs - The leading industry-themed ETFs attracting capital included the Securities ETF, Dividend Low Volatility ETF, and Photovoltaic ETF, while broad-based ETFs like the Sci-Tech 50 ETF and Shanghai-Shenzhen 300 ETF also saw significant inflows [5][6]. - The top three ETFs by net inflow on July 17 were: 1. Securities ETF: 561 million yuan 2. Dividend Low Volatility ETF: 514 million yuan 3. Photovoltaic ETF: 337 million yuan [7]. Outflows from Broad-based ETFs - The article notes that broad-based ETFs such as the ChiNext ETF, Sci-Tech 50 ETF, and Shanghai-Shenzhen 300 ETF were among the largest outflows, indicating a shift in investor sentiment [8]. - The report from Guotai Fund suggests that the current liquidity environment remains a key support factor for the A-share market, with expectations for domestic demand recovery as policies are implemented [8].