节前调仓动向全透视图出炉！资金转向高科技，科创债ETF被机构大举认购！

Core Viewpoint - The article highlights a significant shift in investment trends within the A-share market, with a notable influx of funds into technology and innovation sectors, particularly in the context of the upcoming National Day holiday and the fourth quarter outlook [3][15]. Group 1: Fund Flows and Market Trends - The total inflow into bond ETFs reached approximately 779 billion yuan, while stock ETFs saw a net inflow of about 331 billion yuan [6]. - On September 24, the newly launched Sci-Tech Bond ETFs attracted a staggering 639 billion yuan in a single day, indicating strong market interest despite the overall underperformance of bond ETFs this year [12][14]. - The growth of the Sci-Tech Bond market is notable, with cumulative issuance nearing 3.1 trillion yuan and a balance of 2.2 trillion yuan, positioning it as a key player in the credit bond investment landscape [14]. Group 2: Sector Performance - The technology sector, particularly the Sci-Tech Chip ETF, has emerged as a favorite among institutional investors, with a year-to-date increase of 71.8% and a trading volume of 245 billion yuan last week [17][18]. - In contrast, traditional sectors such as chemicals, rare earths, and photovoltaics experienced significant capital outflows, with the chemical ETF seeing a reduction of 16.58 billion shares and a net outflow of 11.4 billion yuan [20][22]. - The article emphasizes the importance of sectors benefiting from upcoming consumption peaks and ongoing technological innovation cycles as key investment opportunities for the next market phase [19][23].