Fund flow data indicates that on Thursday (August 29th), stock ETFs saw a net inflow of 9.5 billion yuan, with broad-based inflows leading the way for ETFs tracking the CSI 300, ChiNext Board, CSI 500, and CSI 1000 indices.

In the first four trading days of this week, stock ETFs have continuously shown net inflows of funds, totaling nearly 40 billion yuan. Since August, the total net inflow of funds has exceeded 120 billion yuan.

A single-day net inflow of 9.5 billion yuan

According to Wind data statistics, as of August 29th, the total scale of 915 stock ETFs (including cross-border ETFs) in the entire market is 2.35 trillion yuan.

It is estimated that on August 29th, stock ETFs had a net inflow of funds amounting to 9.5 billion yuan. This marks the fourth consecutive trading day this week with net inflows. On that day, there were 11 stock ETFs with net inflows of over 100 million yuan, with broad-based ETFs leading the way, totaling 10.323 billion yuan. The CSI 300 ETF remains the absolute mainstay for attracting funds, with a single-day inflow exceeding 6 billion yuan. Among them, the combined net inflow of CSI 300 ETFs under Hua Tai Bo Rui, Yi Fang Da, Jia Shi, and Hua Xia exceeded 5.9 billion yuan.

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Specifically, the Hua Tai Bo Rui CSI 300 ETF had a net inflow of 3.766 billion yuan, leading all stock ETFs; the Yi Fang Da CSI 300 ETF had a net inflow of 1.59 billion yuan, ranking second; the Yi Fang Da ChiNext Board ETF also had a net inflow exceeding 1 billion yuan. In addition, the net inflow of funds for the Southern Fund's CSI 500 ETF and CSI 1000 ETF were both over 500 million yuan.

Overall, besides the CSI 300 ETF, the ChiNext Board ETF, CSI 500 ETF, and CSI 1000 ETF also received considerable net inflows on the same day.

Industry analysis suggests that the Federal Reserve's interest rate cut in September is relatively clear, and the external liquidity environment facing A-shares is expected to gradually improve. Furthermore, as the disclosure of A-share mid-year performance reports comes to an end, the market is paying attention to the confirmation pace of A-share "profit bottom."

Under market fluctuations, the overall net inflow pace of ETFs under leading fund companies continues. Data shows that on August 29th, ETFs under Yi Fang Da received a total net inflow of funds amounting to 2.843 billion yuan, with the large-cap CSI 300 ETF Yi Fang Da continuing to have a net inflow of 1.59 billion yuan, reaching the latest scale of 191.358 billion yuan; the ChiNext Board ETF also received a net inflow of over 1.3 billion yuan that day. In addition, Shenzhen 100 ETF, Gold ETF, and STAR 50 ETF also received net inflows to varying degrees.

Among Hua Xia Fund ETFs, the CSI 1000 ETF received a net inflow of funds amounting to 342 million yuan, with the latest scale reaching 20.710 billion yuan; the Shanghai 50 ETF received a net inflow of funds amounting to 297 million yuan, with the latest scale reaching 129.932 billion yuan; the Hua Xia CSI 300 ETF received a net inflow of funds amounting to 271 million yuan, with the latest scale reaching 128.630 billion yuan.Partial ETFs Experience Small Net Outflows

Regarding the net outflow of funds, on Thursday alone, only two stock ETFs had net outflows exceeding 100 million yuan, both of which were related to Hong Kong stocks. Harvest Fund stated that this year, Hong Kong stocks have shown greater resilience than A-shares, demonstrating unique value in areas such as the internet. In the context of a global low-interest-rate environment, high-quality companies in both A-shares and Hong Kong stocks are attractive, especially those with stable cash flows and good dividend records.

It is worth mentioning that since August, stock ETFs have seen a significant inflow of funds. Excluding newly listed funds for the week, the total inflow exceeded 120 billion yuan.

Among them, the combined net inflow of the CSI 300 ETFs under Huatai-PineBridge, E Fund, Huaxia, Harvest, and GF exceeded 69 billion yuan, accounting for nearly 60%. In addition, the net inflow of funds for Huaxia Shanghai Stock Exchange 50 ETF, E Fund ChiNext ETF, Southern Zhongzheng 500 ETF, Southern Zhongzheng 1000 ETF, and E Fund STAR 50 ETF also ranked at the top.