Summary of Key Points Core Viewpoint - As of July 2, the ETF market experienced a net outflow of 18.83 billion yuan, with total inflows of 128.41 billion yuan and outflows of 130.29 billion yuan [1] Fund Flow Analysis - Stock ETFs saw a net outflow of 5.95 billion yuan, while bond ETFs had a net inflow of 4.04 billion yuan [1] - Money market ETFs recorded a net inflow of 1.65 billion yuan, commodity ETFs had a net inflow of 0.12 billion yuan, and QDII ETFs experienced a net outflow of 1.74 billion yuan [1] Top Performing ETFs - The top three non-money market ETFs with the highest net inflows were: - Photovoltaic ETF (515790) with an inflow of 0.404 billion yuan - Alcohol ETF (512690) with an inflow of 0.132 billion yuan - GF National Index New Energy Vehicle Battery ETF (159755) with an inflow of 0.127 billion yuan [1] Underperforming ETFs - The three non-money market ETFs with the highest net outflows were: - Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF (588000) with an outflow of 0.822 billion yuan - GF CSI Hong Kong Innovative Medicine (QDII-ETF) (513120) with an outflow of 0.598 billion yuan - Huaxia Hang Seng Technology ETF (QDII) (513180) with an outflow of 0.372 billion yuan [1]

Group 1 - The Hang Seng Consumption ETF (159699) decreased by 0.39% [1] - The Hong Kong Innovative Drug ETF (513120) increased by 0.34% [1] - The Alcohol ETF (512690) fell by 0.73% [1] - The Hong Kong Innovative Drug ETF (159567) rose by 0.19% [1] - The S&P Oil & Gas ETF (513350) increased by 1.50% [1] Group 2 - A-share accounts can now trade Hong Kong stocks on a T+0 basis without the need for Hong Kong Stock Connect [1]