Market Overview - The A-share market exhibited a structurally differentiated pattern last week (October 27 to October 31), with broad indices showing stability but significant variance in sector performance. The Shanghai Composite Index closed at 3954.79 points, up 0.11% for the week, while the Shenzhen Component Index and ChiNext Index rose by 0.67% and 0.50%, respectively. High-valued tech stocks faced notable corrections, with the STAR 50 Index dropping 3.19%, indicating increased risk aversion towards overvalued tech sectors. In contrast, mid and small-cap indices like the CSI 500 and CSI 1000 performed strongly, gaining 1.00% and 1.18%, respectively, while the Northern Stock Exchange 50 surged by 7.52%, reflecting a shift in funds from high-valued tech stocks to lower-valued growth stocks [2][4]. Sector Performance - The average weekly gain for Wind's primary sectors was 0.31%, with materials, industrials, and healthcare leading the performance. Conversely, financials, information technology, and real estate faced significant pressure. Following the release of Q3 reports, the market may return to focusing on earnings, with some high-valuation sectors under adjustment pressure [2][13]. Fund Issuance - A total of 53 funds were issued last week, including 23 equity funds, 15 mixed funds, 9 bond funds, 1 QDII fund, and 5 FOF funds, with a total issuance volume of 45.509 billion units [2][17]. Fund Performance - The Wind All Fund Index rose by 0.16% last week. The ordinary equity fund index increased by 0.30%, while the mixed fund index saw a slight rise of 0.06%. The bond fund index also gained 0.25% [2][8]. Global Market Insights - In the global asset class review, Japanese and Korean stock markets saw significant gains, with the Nikkei 225 soaring by 6.31% and the Korean Composite Index rising by 4.21%. In contrast, the Hang Seng Index fell by 0.97%, and European markets faced pressure, with the French CAC40 and German DAX declining by 1.27% and 1.16%, respectively. Commodity markets showed mixed results, with iron ore and coking coal prices rising by 3.69% and 2.76%, while crude oil and industrial metals generally declined [4][5].

ETF Industry News - The three major indices collectively rose, with the Shanghai Composite Index increasing by 0.83%, the Shenzhen Component Index by 1.6%, and the ChiNext Index by 2.61. Multiple computer sector ETFs saw significant gains, including the FinTech ETF Huaxia (516100.SH) up by 6.20%, FinTech ETF (516860.SH) up by 5.95%, and FinTech ETF (159851.SZ) up by 5.45% [1][3][10] Bond ETF Market - The bond ETF market has seen a notable increase in institutional allocation, with a net inflow of 300.31 billion yuan year-to-date, bringing the total scale to 536.34 billion yuan, an increase of 18.38 billion yuan or 3.55% since early August. The net inflow for the second half of the year reached 121.40 billion yuan [2] Market Overview - On August 15, the A-share market and major overseas indices showed positive performance, with the Shanghai Composite Index closing at 3696.77 points, the Shenzhen Component Index at 11634.67 points, and the ChiNext Index at 2534.22 points. The highest intraday points were 3702.26, 11647.39, and 2541.89 respectively [3][5][6] ETF Performance - The overall performance of ETFs showed that the average increase for stock-themed ETFs was 1.58%, while commodity ETFs had the worst performance with an average decline of 0.27% [8][10] Top Performing ETFs - The top five performing ETFs today included the FinTech ETF Huaxia (516100.SH) with a gain of 6.20%, FinTech ETF (516860.SH) with 5.95%, and FinTech ETF (159851.SZ) with 5.45%. The average five-day increase for these ETFs was 11.81%, 11.79%, and 11.67% respectively [11][12] ETF Trading Volume - The top three ETFs by trading volume were the Securities ETF (512880.SH) with 5.239 billion yuan, A500 ETF Fund (512050.SH) with 5.097 billion yuan, and A500 ETF Huatai Bairui (563360.SH) with 4.722 billion yuan [13][14]