In early trading on August 20, a number of broad-based ETFs continued their active trend following large volumes at the end of the previous trading day. At a time when the market is adjusting, funds are being used to accelerate entry into the market through ETFs. On August 19, the net inflow of equity ETFs in a single day exceeded 50 billion yuan. Among them, broad-based ETFs had a net inflow of nearly 40 billion yuan, making them the absolute main force for capital return. In early trading today, the turnover of the Kechuang 50 ETF Huaxia reached 3.651 billion yuan, and the GEM ETF reached a turnover of 3,503 billion yuan. The A500 ETF Huatai Berry, A500 ETF South, China Securities 1000 ETF South, China Securities A500 ETF Cathay Pacific, and the Shanghai and Shenzhen 300 ETF Huatai Berry all exceeded 2 billion yuan. According to industry insiders, this round of fluctuations is mainly due to external disturbances and capital adjustments, and there have been no trend changes in the fundamentals of the industry. In the future, we need to pay attention to transactions, capital flows, and performance delivery.

In early trading on August 20, a number of broad-based ETFs continued their active trend following large volumes at the end of the previous trading day. At a time when the market is adjusting, funds are being used to accelerate entry into the market through ETFs. On August 19, the net inflow of equity ETFs in a single day exceeded 50 billion yuan. Among them, broad-based ETFs had a net inflow of nearly 40 billion yuan, making them the absolute main force for capital return. In early trading today, the turnover of the Kechuang 50 ETF Huaxia reached 3.651 billion yuan, and the GEM ETF reached a turnover of 3,503 billion yuan. The A500 ETF Huatai Berry, A500 ETF South, China Securities 1000 ETF South, China Securities A500 ETF Cathay Pacific, and the Shanghai and Shenzhen 300 ETF Huatai Berry all exceeded 2 billion yuan. According to industry insiders, this round of fluctuations is mainly due to external disturbances and capital adjustments, and there have been no trend changes in the fundamentals of the industry. In the future, we need to pay attention to transactions, capital flows, and performance delivery.