继续加仓

Core Viewpoint - The A-share market is experiencing a significant adjustment, with major indices declining and the Shanghai Composite Index falling below 4000 points, while stock ETFs have seen a net inflow of over 4.8 billion yuan on October 30 [2][3]. Fund Flow Summary - On October 30, stock ETFs recorded a net inflow of over 4.8 billion yuan, contributing to a total inflow of over 70 billion yuan in October, with significant inflows into sector-specific ETFs such as brokerage, Hang Seng Technology, and rare earths [3][5]. - The total scale of stock ETFs in the market reached 4.66 trillion yuan, with 1239 stock ETFs available [5]. - The top three stock ETFs by net inflow on October 30 were the Guotai Securities ETF, the GF Hong Kong Innovative Medicine ETF, and the Huabao Brokerage ETF, each with inflows exceeding 500 million yuan [5][7]. Sector-Specific Inflows - The medical sector led the inflows with a net inflow of 3.24 billion yuan, followed by the securities sector with 2.09 billion yuan, and the ChiNext with 1.12 billion yuan [5]. - The top 20 stock ETFs by net inflow included five medical-related ETFs and four brokerage-related ETFs, indicating strong interest in these sectors [6]. Outflows from Broad-based ETFs - On the same day, 27 stock ETFs experienced net outflows exceeding 1 billion yuan, with broad-based ETFs like the SSE 50, CSI 1000, and CSI 300 leading the outflows [10]. - The top three ETFs with the highest net outflows were the SSE 50 ETF (1.298 billion yuan), CSI 1000 ETF (736 million yuan), and three CSI 300 ETFs with a combined outflow of over 1 billion yuan [10][12]. Market Sentiment and Future Outlook - The overall sentiment in the market suggests a need for investors to focus on individual stock selection due to the previous broad market rally, with potential opportunities in quality growth and dividend value styles [10]. - Optimism remains regarding China's technology assets, particularly in AI, as the global AI industry accelerates, presenting ongoing investment opportunities [11].