Summary of Key Points Core Viewpoint - On September 17, the style strategy ETF funds experienced a net outflow of 133 million yuan, while the cumulative net inflow over the past five trading days was approximately 26.66 million yuan, with three days showing net inflows [1] Fund Performance - Eight style strategy ETFs saw net inflows, with the top performer being the China Merchants CSI Dividend ETF (515080), which had an increase of 44 million shares and a net inflow of 68.75 million yuan [1][3] - The China Merchants CSI Dividend ETF (515080) had a slight increase of 0.19% in its price, with a total size of 7.407 billion yuan [3] - Other notable ETFs with net inflows included: - Yinhua CSI 300 Growth ETF (562310) with a net inflow of 1.4 million yuan and a price increase of 1.02% [3] - GF SSE STAR Market Growth ETF (588110) with a net inflow of 1.1 million yuan and a price increase of 1.02% [3] Net Outflows - Sixteen style strategy ETFs experienced net outflows, with the Invesco Great Wall Dividend Low Volatility 100 ETF (515100) leading with a reduction of 48.5 million shares and a net outflow of 74.45 million yuan [1][5] - The Invesco Great Wall Dividend Low Volatility 100 ETF (515100) had a price increase of 0.52% but still faced significant outflows [5] - Other ETFs with notable net outflows included: - Guotai CSI State-Owned Enterprises Dividend ETF (510720) with a net outflow of 70 million yuan [5] - Huatai-PineBridge SSE Dividend ETF (510880) with a net outflow of 28 million yuan [5]

Summary of Key Points Core Viewpoint - On August 13, the style strategy ETF funds experienced a net inflow of 139 million yuan, but over the past five trading days, there was a cumulative net outflow of 726 million yuan, with three days showing net outflows [1]. Fund Inflows - A total of 17 style strategy ETFs saw net inflows, with the top performer being the Guotai CSI State-Owned Enterprises Dividend ETF (510720), which had an increase of 14.4 million shares and a net inflow of 144 million yuan [1][3]. - The latest scale of the Guotai CSI State-Owned Enterprises Dividend ETF is 2.073 billion yuan [3]. Fund Outflows - Conversely, 22 style strategy ETFs experienced net outflows, with the leading outflow being from the Invesco Great Wall Low Volatility Dividend ETF (515100), which saw a reduction of 80 million shares and a net outflow of 123 million yuan [1][4]. - The latest scale of the Invesco Great Wall Low Volatility Dividend ETF is 5.235 billion yuan [5]. Performance Overview - The performance of the top 10 ETFs with the highest net outflows included: - Invesco Great Wall Low Volatility Dividend ETF: -0.32% with a net outflow of 123 million yuan [5]. - Huaxia Growth ETF: +3.43% with a net outflow of 81 million yuan [5]. - E Fund CSI Dividend ETF: -0.55% with a net outflow of 68 million yuan [5]. Overall Market Sentiment - The overall market sentiment reflected a cautious approach, as evidenced by the significant net outflows over the past week, indicating potential investor concerns or shifts in strategy [1][4].

Summary of Key Points Core Viewpoint - On August 11, style strategy ETFs experienced a net outflow of 694 million yuan, with a cumulative net outflow of 707 million yuan over the past five trading days, indicating a trend of capital withdrawal from these funds [1]. Fund Performance - A total of 15 style strategy ETFs saw net inflows on the same day, with the highest inflow recorded for the Bosera National Index Large Cap Value ETF (159391), which increased by 99 million shares and had a net inflow of 111 million yuan [1][3]. - Conversely, 17 style strategy ETFs experienced net outflows, with the Huatai-PB CSI Dividend Low Volatility ETF (512890) leading the outflows, decreasing by 369 million shares and resulting in a net outflow of 443 million yuan [1][4]. Detailed Fund Data - The top 10 ETFs by net outflow on August 11 included: - Huatai-PB CSI Dividend Low Volatility ETF (512890): -443 million yuan, -369 million shares - Huatai-PB SSE Dividend ETF (510880): -232 million yuan, -71 million shares - Harvest CSI 300 Dividend Low Volatility ETF (515300): -117 million yuan, -84 million shares - Southern Dividend Low 50 ETF (515450): -97 million yuan, -68 million shares - Others included various ETFs with smaller outflows [4][5]. Overall Market Trends - The overall trend indicates a cautious sentiment among investors in the style strategy ETF segment, as evidenced by the significant net outflows and the mixed performance of individual funds [1][4].

Group 1 - Qingdao Oriental Tower Co., Ltd. experienced a stock price drop, hitting the daily limit down on April 7 [1] - The company specializes in steel structure products and was established in 1982, becoming a joint-stock company in 2000 [1] - In the fourth quarter of last year, Invesco Great Wall Fund increased its stake in Oriental Tower, holding 0.78% of the shares [1] Group 2 - The Invesco Great Wall Low Volatility 100 ETF has a year-to-date return of -1.41%, ranking 2468 out of 3442 in its category [1][2] - The fund manager, Gong Lili, has extensive experience in index investment and joined Invesco Great Wall Fund in March 2022 [3][4]