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Core Viewpoint - On November 11, the stock ETF market saw a net inflow of over 5.535 billion yuan, indicating a continued increase in investment in ETFs despite a turbulent A-share market [2][4]. Group 1: Market Performance - The A-share market experienced a decline, with the Shanghai Composite Index down 0.39%, the Shenzhen Component down 1.03%, and the ChiNext Index down 1.4% on the same day [2]. - Despite the overall market downturn, stock ETFs attracted significant capital, with a total net inflow of 5.535 billion yuan [4]. Group 2: Sector-Specific Inflows - The artificial intelligence and brokerage sector ETFs were the main beneficiaries, with the AI sector alone seeing a net inflow of 1.34 billion yuan [4]. - The brokerage sector, referred to as the "bull market flag bearer," recorded a net inflow of 810 million yuan, highlighting strong investor interest [3][4]. Group 3: Notable ETF Performance - The Hong Kong Stock Connect non-bank financial ETF led the market with a net inflow of 646 million yuan, marking its ninth consecutive trading day of net inflows and a total of over 20 billion yuan for the year [5]. - Other notable inflows included the Hang Seng Dividend Low Volatility ETF with 232 million yuan and the Hong Kong Innovation Drug ETF with 180 million yuan [6][8]. Group 4: Outflows from Broad-based ETFs - Broad-based ETFs experienced significant outflows, totaling 2 billion yuan, with the CSI A500 Index seeing the largest outflow of 889 million yuan [9][10]. - The overall scale of broad-based ETFs decreased by 24.521 billion yuan on the same day [10]. Group 5: Future Outlook - The investment outlook remains positive, with expectations of a stable macro environment and structural recovery trends continuing into November [10][11]. - The focus on core growth assets is recommended, as their valuations are at historical lows, providing potential for recovery [11].