According to the CITIC Construction Investment Research Report, as of October 16, broad-based ETFs had achieved net inflows for 10 consecutive days, with a cumulative inflow of over 140 billion yuan in the range. In the short term, the large and rapid inflow of broad-based ETFs in the past 10 trading days has played a positive role in stabilizing market sentiment and protecting market liquidity. Whether this role can continue and form medium- to long-term support requires combining capital flow with price performance: if the Shanghai and Shenzhen 300 and Shuangchuang ETF continue to receive net subscriptions amid market turbulence, while the corresponding index's decline narrows and the adjusted recovery is more stable, the signs of the market shifting from adjustment to repair will be clearer. For market investors, the continued and stable allocation of large capital and equity market performance confirm each other, which will help improve investors' willingness to allocate equity and investment confidence, and provide a foundation for gradually increasing exposure to core broad-based and equity assets in the future.

According to the CITIC Construction Investment Research Report, as of October 16, broad-based ETFs had achieved net inflows for 10 consecutive days, with a cumulative inflow of over 140 billion yuan in the range. In the short term, the large and rapid inflow of broad-based ETFs in the past 10 trading days has played a positive role in stabilizing market sentiment and protecting market liquidity. Whether this role can continue and form medium- to long-term support requires combining capital flow with price performance: if the Shanghai and Shenzhen 300 and Shuangchuang ETF continue to receive net subscriptions amid market turbulence, while the corresponding index's decline narrows and the adjusted recovery is more stable, the signs of the market shifting from adjustment to repair will be clearer. For market investors, the continued and stable allocation of large capital and equity market performance confirm each other, which will help improve investors' willingness to allocate equity and investment confidence, and provide a foundation for gradually increasing exposure to core broad-based and equity assets in the future.