Last week (04)Onlinefishtable.22-04Onlinefishtable.26)OnlinefishtableHuatai Berry Shanghai and Shenzhen 300ETF (510300) has a substantial net inflow of 4.973 billion yuanOnlinefishtableLeading the market in ETF. Huaxia Hang Seng Internet Technology Industry ETF (QDII) (513330) has a net outflow of 698 million yuan. The fund with the largest weekly turnover is Huaxia Hang Seng Internet Technology Industry ETF (QDII) (513330). From a weekly point of view, most ETF funds rose last week, classified into categories, TMT category ETF rose in the top, cyclical category ETF led the decline.
Last week, the style of the A-share market reversed, the growth style of the market rebounded strongly, and the earlier relatively strong cycle and value style fell. On the other hand, low-valued assets such as Internet technology in Hong Kong stocks also rebounded strongly. Last week's rise was mainly in the sectors with a large market correction in the past few years. The overall valuation adjustment of these sectors is relatively large, and the phased valuation is at the bottom of history. Last Friday, the daily inflow of mainland stocks exceeded 20 billion, the largest one-day inflow in nearly a decade, thus it can be seen that heavyweights representing core assets are gradually getting the attention of foreign investors. Considering that the current short-term differentiation between growth and value style is also extreme, the possibility of strength switching is not ruled out in the follow-up, it is recommended to continue to pay attention to the performance of fundamental factors during the financial data window.
