突然加速！避险资金拥抱消费ETF，什么信号？

Group 1 - The core viewpoint of the article suggests that consumer stocks are expected to transition from a "cold bench" status to a key focus for fund managers, indicating a potential turning point for investment in consumer sectors as risk appetite shifts [1][9] - Fundraising for consumer-themed ETFs has accelerated in the fourth quarter, with significant interest from institutional investors, contrasting with the previous lackluster performance of these funds earlier in the year [3][10] - The recent launch of the Huaan Guozheng Hong Kong Stock Connect Consumer ETF, which raised 639 million yuan, marks a notable increase in consumer ETF fundraising compared to previous months where individual funds struggled to reach 300 million yuan [3][4] Group 2 - There has been a shift in focus from technology ETFs to consumer-themed funds, with some consumer ETFs experiencing rare premium pricing in the secondary market, indicating renewed investor interest [4][6] - Consumer funds have demonstrated strong defensive capabilities, with some funds showing positive net value performance even amidst market downturns, contrasting sharply with the losses seen in technology-focused funds [5][7] - Analysts predict that domestic demand may become a key investment theme as the market approaches year-end, with expectations of a rebound in earnings growth across various sectors due to low comparative bases from the previous year [10][11]