Increase your position! Capital is flowing into this type of ETF

01

On March 25th, themes such as new energy, communications, artificial intelligence, and gold ETFs performed remarkably well. The ChiNext new energy ETF led the gains, with multiple gold-themed ETF products continuing their upward trend from the previous day.

02

In terms of capital flows, on March 24th, bond ETFs such as Bosera Convertible Bond ETF, Pengyang 30-Year Treasury ETF, and HFT ETF attracted net capital inflows. Broad-based ETFs’ “money-absorbing” pace slowed down.

Communication and artificial intelligence theme ETFs surged significantly

On March 25th, the ChiNext new energy ETF led the ETF market with a rise of over 6%. Several communication-themed ETFs, including Yinhua Communication ETF and Guotai Communication ETF, rose over 3%. Additionally, ChiNext artificial intelligence ETFs such as Southern, Huaxia, and China Merchants also performed well. Moreover, gold-themed ETFs continued their previous day’s gains, with Qianhai Open Source Gold ETF rising 3.94% today.

Industrial Securities stated that as AI fully penetrates end-user scenarios, domestic operators and cloud service providers are expected to continue increasing capital expenditure. The domestic computing power manufacturers and upstream semiconductor equipment and materials sectors have broad growth potential.

Energy-related ETFs experienced noticeable adjustments today. Among them, the S&P Oil & Gas ETF, Jiashi, fell 7.64%, with a premium rate of 7.71%. Additionally, energy and chemical ETFs such as Jianxin Energy & Chemical ETF and Energy ETF (159930) declined. The Hong Kong stock consumer sector was under pressure, with several Hong Kong Stock Connect consumer ETFs closing lower.

Hang Seng Technology ETF saw increased trading volume

Today’s ETF with the highest turnover was the HFT Short-term Financing ETF, with a trading volume of 42.97 billion yuan. The Hang Seng Technology ETF saw increased trading volume; taking the Huaxia Hang Seng Technology ETF as an example, its turnover increased by over 1.7 billion yuan compared to yesterday.

In terms of capital flows, on March 24th, bond ETFs such as Bosera Convertible Bond ETF, Pengyang 30-Year Treasury ETF, and HFT ETF attracted net capital inflows.

Broad-based ETFs’ “money-absorbing” pace slowed. For example, the Huatai-PineBridge CSI 300 ETF experienced a net outflow of 348 million yuan on March 24th, after a net inflow of 3.71B yuan on March 23rd. Additionally, ETFs with large net inflows on March 23rd, such as the GF Shanghai Composite ETF and Huaxia SSE 50 ETF, showed net outflows on March 24th.

ETF Market Analysis

AI sector still holds high allocation value

Yongying Fund Manager Cai Luping believes that from a medium- to long-term perspective, the AI sector still has high allocation value. The gradual easing of geopolitical conflicts will create a favorable environment for technological growth sectors. Previously, related indices experienced adjustments mainly due to rising external risks and tight liquidity suppressing market risk appetite. As external risk factors gradually diminish, the overall market risk appetite is expected to remain relatively stable. Supported by solid industry fundamentals, combined with the recovery of leading companies’ earnings expectations and accelerated commercialization, the AI industry may become one of the long-term core investment themes in the capital market.

MACD golden cross signals have formed, and these stocks are on a good upward trend!