In October, over 100 billion yuan continued to aggressively flow in.
Is this the power of reaching 4,000 points?
The A-share market has declined for two consecutive trading days, with the once high-flying AI computing power sector undergoing a violent correction.
Today, the A-share market ended the eventful month of October with all indexes in negative territory. The CSI Dividend Index outperformed with a 3% gain, while the Shanghai Composite Index and the SSE 50 rose by 1.85% and 0.76%, respectively. The ChiNext Index fell by 1.56% in October, and the CSI 300 ended flat.
The list of top-performing ETFs in October was unexpected, dominated entirely by cross-border ETFs, particularly those related to Japanese and South Korean equities.
The Nikkei 225 Index surged 16.64% in October, marking its largest monthly gain since October 1990. As Japanese stocks continued to set new historical records, the Nikkei 225 ETF, Nikkei ETF, and the Nikkei 225 ETF (issued by E Fund Management) rose by 21.72%, 18.62%, and 18.06%, respectively, securing the top three spots.
Benefiting from the supercycle of memory chips, the China-Korea Semiconductor ETF also recorded an impressive performance of 17.75% in October.
This week, NVIDIA reached new heights, becoming the first company in history to achieve a market value of $5 trillion. The Nasdaq Technology ETF and the Nasdaq ETF (issued by Harvest Fund Management) gained 10.57% and 9.95%, respectively, in October.
Meanwhile, the standout performers in the A-share market in October were the rare metals and energy sectors, with the Rare Metals ETF and Energy ETF both rising by 8%.
The innovative drug and gaming sectors performed relatively weakly, with the Hang Seng Innovative Drug ETF and Gaming ETF falling 11% cumulatively in October.
From January to October, AI computing power, innovative drugs, gold, and other thematic ETFs surged significantly. Communication ETF, Hong Kong Stock Innovative Drug ETF Fund, and China-Korea Semiconductor ETF increased by 99.27%, 91.35%, and 90.56%, respectively.
Energy Chemical ETF, Penghua Hong Kong Stock Innovative Drug ETF, and S&P Consumer ETF fell by 14.71%, 11.34%, and 10.56%, respectively, in the first ten months.
Following a net inflow of over RMB 200 billion into the ETF market in September, more than RMB 100 billion flowed into the market in October. In the first ten months of this year, the ETF market recorded a total net inflow of RMB 798.899 billion.
From a market-wide index perspective, in October, ETFs tracking the SGE Gold 9999, Hang Seng Technology Index, money market funds, and securities company indices attracted significant capital inflows, with net inflows of RMB 27.1 billion, RMB 17.5 billion, RMB 12.2 billion, and RMB 11.7 billion, respectively.
Meanwhile, ETFs tracking the CSI A500, ChiNext Index, CSI 1000, and Dividend Index experienced capital outflows, recording net outflows of RMB 15.525 billion, RMB 8.286 billion, RMB 3.06 billion, and RMB 2.548 billion, respectively.
(The content of this article consists solely of objective data and information and does not constitute any investment advice.)
From January to October, ETFs tracking AAA technology innovation bonds, SGE Gold 9999, Hang Seng Tech Index, and Hong Kong Stock Connect Internet respectively recorded net inflows of RMB 138.807 billion, RMB 80.7 billion, RMB 72.2 billion, and RMB 68.5 billion.
Broad-based index ETFs witnessed capital outflows during the year, with CSI A500, STAR 50, ChiNext Index, and CSI A50 registering net outflows of RMB 110.224 billion, RMB 73.872 billion, RMB 41.166 billion, and RMB 22.661 billion respectively over the period.
In terms of broad-based indices in October, the CSI 300 Index saw a net outflow of RMB 2.222 billion, whereas the SSE 50 and STAR 200 attracted funds against the trend, registering net inflows of RMB 0.913 billion and RMB 2.442 billion respectively.
From January to October, the CSI A500 Index experienced a massive outflow of RMB 110.2 billion, while STAR 50 and ChiNext Index had net outflows of RMB 73.8 billion and RMB 41.1 billion respectively. Conversely, the CSI 300 Index registered a net inflow of RMB 1.39 billion during the year.
In terms of industry theme indices in October, securities firms, CSI Bank, STAR Chip, and robotics sectors recorded net inflows of RMB 11.661 billion, RMB 5.847 billion, RMB 4.807 billion, and RMB 3.811 billion respectively.
From January to October, net inflows into securities companies, robotics, specialized chemicals, and the robotics industry reached RMB 56.808 billion, RMB 26.676 billion, RMB 17.292 billion, and RMB 15.779 billion, respectively.
From a cross-border index perspective, in October, Hang Seng Tech, HK Connect Internet, Nasdaq 100, and Hang Seng Internet & Technology sectors recorded net inflows of RMB 17.519 billion, RMB 2.850 billion, RMB 2.563 billion, and RMB 1.890 billion, respectively.
From January to October, Hang Seng Tech, HK Connect Internet, HK Connect Innovative Pharmaceuticals, and HK Connect Technology achieved net inflows of RMB 72.215 billion, RMB 68.648 billion, RMB 27.952 billion, and RMB 26.058 billion, respectively.
From the perspective of style strategy indices, although the dividend sector performed well in October, investor sentiment remained cautious. While CSI Dividend Low Volatility and CSI Dividend achieved net inflows of RMB 3.413 billion and RMB 0.969 billion, respectively, SGX Dividend and Dividend Index experienced net outflows of RMB 1.119 billion and RMB 2.548 billion, respectively.
From January to October, CSI Dividend Low Volatility, S&P China A-Share LargeCap Dividend Low Volatility 50, Free Cash Flow, and FTSE China A Free Cash Flow Focus Index registered net inflows of RMB 12.084 billion, RMB 7.755 billion, RMB 3.302 billion, and RMB 1.773 billion, respectively.
From the perspective of commodity and bond indices, during the October surge in gold prices, the SGE Gold 9999 and Shanghai Gold experienced net inflows of RMB 27.106 billion and RMB 4.86 billion, respectively.
From January to October, the AAA Sci-Tech Innovation Bond, SGE Gold 9999, and Shanghai Stock Exchange Corporate Bonds used for market-making saw net inflows of RMB 138.807 billion, RMB 80.748 billion, and RMB 64.398 billion, respectively.
From the perspective of ETF products, the most favored ETFs by capital in October were Gold ETF, Huabao Tianyi ETF, Yinhua Daily Profit ETF, and Gold ETF Fund, with net inflows of RMB 9.187 billion, RMB 5.754 billion, RMB 5.68 billion, and RMB 5.364 billion, respectively.
The ChiNext ETF, CSI A500 ETF (managed by Fullgoal), and A500 ETF (managed by HuaTaiBoRui) experienced net outflows of RMB 5.434 billion, RMB 5.002 billion, and RMB 3.065 billion, respectively, in October.
From January to October, the Hong Kong Stock Connect Internet ETF, Gold ETF, Securities ETF, and CSI 300 ETF (managed by China Asset Management) saw net inflows of RMB 55.294 billion, RMB 33.314 billion, RMB 29.564 billion, and RMB 28.277 billion, respectively.
The STAR 50 ETF, ChiNext ETF, ChiNext 50 ETF, and Hang Seng Healthcare ETF experienced net outflows of RMB 49.614 billion, RMB 27.922 billion, RMB 13.691 billion, and RMB 13.424 billion, respectively, in the first ten months.
October has officially concluded, with high hopes for a prosperous stock market in November.
