Wind数据显示，截至11月21日，全市场1262只股票ETF（含跨境ETF）总规模为4.47万亿元。规模缩水主要受大盘下跌影响。 记者按照区间成交均价测算发现，11月21日股票ETF整体净流入资金高达407.57亿元，"抄底资金"逢低加仓。 从大类型来看，11月21日，宽基ETF与行业主题ETF净流入居前，分别达272.7亿元与73.57亿元。 宽基板块"吸金"十分显著。具体来看，跟踪沪深300指数的ETF单日净流入金额达48.9亿元、跟踪中证500指数的ETF净流入金额达39亿元、跟踪科创板50 指数的ETF净流入金额达38.6亿元、跟踪创业板指数的ETF净流入金额达37.8亿元、跟踪中证1000指数的ETF净流入金额为33.3亿元。 按宽基ETF单一产品看，易方达基金旗下创业板ETF单日净流入达27.87亿元，上周合计净流入46亿元。华夏基金旗下科创50ETF和中证1000ETF单日净流 入分别达24.04亿元和10.59亿元，最新规模分别达719.39亿元和439.81亿元，对应跟踪指数近一月日均成交额分别为41.79亿元和3.76亿元。 从近5日角度观测，近期资金流入恒生科技指数超105亿元，中证5 ...

【导读】11月21日股票ETF市场净流入超400亿元，资金持续加仓ETF 11月21日（上周五），A股三大股指大幅回调，创业板指跌超4%，深证成指跌3.41%，上证指数跌2.45%。市场震荡回调，股票ETF迎来资金"抄底加仓"。 当日股票ETF资金净流入超400亿元。其中宽基ETF、人工智能ETF、券商ETF为"吸金"大户。 宽基板块获大举加仓 Wind数据显示，截至11月21日，全市场1262只股票ETF（含跨境ETF）总规模为4.47万亿元。规模缩水主要受大盘下跌影响。 记者按照区间成交均价测算发现，11月21日股票ETF整体净流入资金高达407.57亿元，"抄底资金"逢低加仓。 从大类型来看，11月21日，宽基ETF与行业主题ETF净流入居前，分别达272.7亿元与73.57亿元。 宽基板块"吸金"十分显著。具体来看，跟踪沪深300指数的ETF单日净流入金额达48.9亿元、跟踪中证500指数的ETF净流入金额达39亿元、跟踪科创板50 指数的ETF净流入金额达38.6亿元、跟踪创业板指数的ETF净流入金额达37.8亿元、跟踪中证1000指数的ETF净流入金额为33.3亿元。 按宽基ETF单一产品看，易方 ...

□本报记者王辉 上周A股与港股市场高位震荡，呈现结构性行情。尽管部分热门科技赛道出现回调，资金却逆势涌入科 创板、人工智能等ETF，释放出对科技成长板块的信心。与此同时，港股创新药与黄金板块领涨市场， 恒生红利等高股息资产也持续吸引资金关注。在"成长"与"价值"双双获青睐的背景下，兼顾"科技进 攻"与"红利防御"的"哑铃策略"再度进入投资者视野，成为当下不少机构把握机遇、控制风险的关键布 局思路。 创新药、黄金等板块领涨 上周，A股、港股市场高位震荡，市场分化与结构性行情特征突出。在ETF市场上，恒生创新药 ETF(159316)等多只跟踪港股医药板块的ETF，单周涨幅均有7%左右。在A股方面，黄金、中药等板块 ETF当周涨幅居前。 招商证券认为，当前公募基金对TMT板块的持仓占比已达历史高位，超配比例达17.45%，交易热度与 股价已处于阶段性顶峰，科技成长风格面临阶段性回摆，但中长期抱团未瓦解，核心仍依赖AI产业趋 势与业绩兑现。同时，市场资金结构转向再平衡，融资资金净流入的趋势或阶段性放缓，但私募量化资 金可能重新主导市场部分领域的结构性机会，相关资金可能仍偏好小盘风格。 此外，华泰证券策略团队认为，近 ...

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].

股票ETF市场资金流向数据显示，本周一股票ETF资金净流入超36亿元，创业板指、人工智能、消费等方向强力"吸金"。 【导读】本周一股票ETF资金净流入超36亿元 11月10日(本周一)，A股三大指数涨跌互现，沪指站稳4000点，创业板指跌近1%，两市全天成交2.19万亿元。 | | | | 股票ETF资金净流入排行 | | | | | --- | --- | --- | --- | --- | --- | --- | | | | 最新规模 | 份额变化 | 资金流向 | 英语六世女 值涨跌幅 | | | 排行 | 证券简称 | (亿元) | (1243) | (亿元) | (%) | 基金管理人 | | 1 | 创业板ETF | 1028.16 | 2.87 | 9.03 | 50.35 | 易方达基金 | | 2 | 消费ETF | 221.33 | 6.28 | 5.28 | 3.88 | 汇深昌基金 | | 3 | 科创50ETF | 729.14 | 3.24 | 4.78 | 41.71 | 中直喜等 | | 4 | KIETF | 180.83 | 5.66 | 4.38 | 33.49 | 晾束 ...

Group 1 - The core viewpoint of the news highlights a significant rise in technology stocks, particularly in the artificial intelligence sector, with notable increases in companies like Cambrian and Zhongke Shuguang, which rose over 9% and 7% respectively, driving AI ETFs to gain over 3% and an annual increase of over 65% [1][2][3] Group 2 - The AI ETFs, including AI Artificial Intelligence ETF, Artificial Intelligence ETF, and AI Artificial Intelligence ETF, have shown substantial year-to-date inflows, with a total of over 12.5 billion yuan net inflow into AI-related ETFs this year [2][3] - The top-performing AI ETFs have attracted significant capital, with the Artificial Intelligence ETF receiving 7.501 billion yuan and the AI Artificial Intelligence ETF receiving 4.255 billion yuan in net inflows [3] - OpenAI has reported that over 1 million enterprises are directly using its services, indicating a growing acceptance of AI in the business sector, with ChatGPT's active user base exceeding 800 million [4] - The Chinese market is seen as having a favorable regulatory environment for AI development, with Nvidia's CEO stating that China is likely to win the AI race due to lower energy costs and supportive regulations [4] - The Chinese Internet Network Information Center reported that the user base for generative AI products in China reached 515 million by June 2025, with a penetration rate of 36.5% [4] Group 3 - The computer industry in China achieved a total revenue of 749.9 billion yuan in the first three quarters of 2025, with a year-on-year growth rate improvement of 3.67 percentage points [5] - The artificial intelligence sector has shown a clear acceleration in growth, with a median revenue growth rate of 14.81% in the first three quarters of 2025, significantly higher than the previous year [6] - Specific companies within the AI sector, such as Cambrian and Haiguang Information, reported explosive revenue growth rates of 2,386.38% and 54.65% respectively [6]

Core Insights - Huafu Fund has achieved significant performance in its public offerings, particularly in "equity" products, following an upgrade of its "fixed income+" product system and proactive positioning in equity products [1][2] - The fund's strategic focus on artificial intelligence ETFs and humanoid robotics has resulted in impressive returns, with the Huafu Technology Momentum Mixed A yielding over 190% since the market rally began on September 24, 2024 [1] - The artificial intelligence ETF has also performed well, with returns exceeding 150%, and its latest scale approaching 8 billion yuan [1] Group 1: Equity Investment Performance - Huafu Fund has strategically invested in over ten thematic directions, including artificial intelligence, humanoid robotics, innovative pharmaceuticals, semiconductors, military industry, new energy, controllable nuclear fusion, and autonomous driving [1] - The Huafu IoT World Flexible Allocation Mixed A and Huafu Industrial Upgrade Flexible Allocation Mixed A have both achieved returns over 120% since the market rally began [1] Group 2: Fixed Income Investment Strategy - The fund has categorized its "fixed income+" products into different types based on volatility characteristics, setting corresponding return targets and drawdown standards [2] - The Huafu Anxin Bond A, categorized as high volatility, has yielded over 40%, while the Huafu Enhanced Return Bond has achieved over 15% since September 24, 2024 [2] - The Huafu Convertible Bond A, a convertible bond tool, has delivered returns exceeding 48% [2] Group 3: Product Innovation and Investor Engagement - Huafu Fund is exploring regular dividend distribution models to enhance investor satisfaction, with products like Huafu Rongsheng One-Year Holding Mixed and Huafu Jilu 90-Day Rolling Holding Bond having distributed dividends ten times this year [2] - The company's forward-looking strategy in equity and optimization in fixed income products have shown substantial effectiveness [2]

Core Viewpoint - Huafu Fund has demonstrated strong performance in both equity and fixed income products, with many funds achieving significant gains since the market rebound on September 24 last year [1][2][4] Equity Investment - Huafu Fund's proactive positioning in equity investments has led to impressive results, with the Huafu Technology Momentum Mixed A fund rising 218.68% and the AI ETF increasing by 169.76% since last year [2] - The AI ETF has surpassed 8 billion yuan in scale as of October 29, 2023, reflecting strong investor recognition [2] - The fund has strategically invested in over ten thematic directions, including artificial intelligence, humanoid robots, innovative pharmaceuticals, semiconductors, military industry, new energy, controllable nuclear fusion, and autonomous driving [2] Fixed Income Investment - Huafu Fund has categorized its fixed income plus products into different types based on volatility, setting specific return targets and drawdown standards for each category [3] - The Huafu Anxin Bond A fund has achieved a return of 26.84%, ranking in the top 3% of its category, while the Huafu Strengthened Return Bond has returned 9.17%, ranking in the top 9% [3] - The Huafu Convertible Bond A fund has also performed well, with a return of 33.78%, ranking in the top 22% of its category [3] Overall Strategy - The forward-looking strategy in equity and the optimization of fixed income products have proven effective for Huafu Fund [4] - The company aims to continue leveraging its professional research team to create sustainable long-term returns for investors [4]

Core Insights - Huafu Fund's public offerings have shown impressive performance in the third quarter of 2025, with multiple equity and "fixed income+" funds ranking in the top 10% of the industry for investment management capabilities over the past year [1][2] Group 1: Equity Investment - Huafu Fund has strategically focused on artificial intelligence ETFs since 2019, becoming one of the early fund managers to invest in this sector [1] - The Huafu Technology Momentum Fund has concentrated on humanoid robotics since Q4 2023, capitalizing on market opportunities [1] - The Huafu Technology Momentum Mixed A and the artificial intelligence ETF ranked first (1/219) and fourth (4/392) respectively among similar products over the past year [1] Group 2: Fund Performance - The artificial intelligence ETF has surpassed 8 billion yuan in scale as of October 29, 2025, reflecting strong investor interest [1] - Huafu Fund has diversified its product offerings across over 10 thematic directions, including artificial intelligence, humanoid robotics, innovative pharmaceuticals, semiconductors, new energy, and autonomous driving [2] - The Huafu IoT World Flexible Allocation Mixed A and Huafu Industrial Upgrade Flexible Allocation Mixed A ranked in the top 10% of similar products in the past year, focusing on the semiconductor and electronics sectors [2] Group 3: Fixed Income Investment - Huafu Fund categorizes its "fixed income+" products based on volatility characteristics and sets corresponding return targets and drawdown standards [2] - The Huafu Anxin Bond A, positioned as a high-volatility "fixed income+" product, ranked in the top 3% (13/499) among similar products over the past year [2] - The Huafu Enhanced Return Bond, categorized as a medium-volatility "fixed income+" product, ranked in the top 9% (23/266) among similar products [2]

目前来看，虽然现在又回到水面之下，但是认为"牛"走了的人不用太过担心，4000点大概率不是本轮行情的顶点。 01 整体趋势 今天，市场全天探底回升，三大指数小幅上涨，成交额虽然仍在2万亿之上，但相比上一个交易日缩量2000亿。 消息面上，本周比较平淡，不像上周那样重磅连连。 过去的一周，上证指数一度站上4000点。 展望本周，美联储官员讲话如何影响市场对美联储降息预期，美国制造业PMI数据能否继续转暖，美国国会能否通过新拨款法案都将影响后市走向。具体 如何，让我们拭目以待。 1.1全球规模指数表现 | 上周主要指数涨跌幅 | | | | --- | --- | --- | | 数据来源:Choice、韭圈儿 数据整理: ETF令狐冲 | | | | 指数 | 涨跌幅 | 上周最大反弹 | | 日经225 | 6.31% | 7.87% | | 纳斯达克指数 | 2.24% | 9.54% | | 中证1000 | 1.18% | 6.65% | | 中证500 | 1.00% | 5.57% | | 标普500 | 0.71% | 7.64% | | 深证成指 | 0.67% | 5.02% | | 创业板指 ...