Funds inside the market gradually "profit-taking", with the net outflow of stock ETFs exceeding 25 billion yuan in a single day

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Jinshi Data News on November 12th, recently, A-shares have started a structural market, with the Shanghai Composite Index heading straight for 3500 points. The onshore funds that previously bottomed out through stock ETFs are also gradually "taking profit". According to statistics from the Galaxy Securities Fund Research Center, on November 11th, the net outflow of funds from stock ETFs exceeded 25 billion yuan, setting a new record for the highest net outflow of funds in a single day since February 22, 2005. The cumulative net outflow of funds in the 7 trading days since November has also exceeded 10 billion yuan. In terms of specific products, ETFs tracking the CSI A500 Index continue to attract funds, with a net inflow of over 23.7 billion yuan in the past 5 trading days. ETFs related to the Science and Technology Innovation Board and the ChiNext Index, which have experienced a significant rebound recently, continue to experience net outflows of funds, with a total net outflow of over 23.7 billion yuan in the past 5 trading days.

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