This week's main fund trends are released.

On October 11, the A-share market adjusted again. The Shanghai Composite Index fell more than 3% at one point, falling below the 3,200-point mark. At the close, the Shanghai Composite Index fell 2.55%, the Shenzhen Component Index fell 3.92%, and the ChiNext Index fell 5.06%. In today's market, 4,862 stocks fell, 422 stocks rose, with a turnover of 1,586.802 billion yuan.

On the disk, the concept of cross-border payment has strengthened against the market, and many stocks such as Sifang Jingchuang (300468), Commodity City (600415), and Jingbei have risen to the limit.

Recently, at the 27th ASEAN-China Leaders' Meeting, China expressed its willingness to actively promote cooperation with ASEAN in railways, ports and other infrastructure, accelerate the signing and implementation of the 3.0 version of the free trade agreement, strengthen the docking of cross-border payment systems, and expand the scale of local currency settlement.

In addition, the precious metals sector rose, led by Western Gold (601069), Yulong (601028), and CICC Gold (600489).

In response to the recent market trend, Kaiyuan Securities pointed out that the current capital > policy > fundamentals, and the market outlook will be very fast and the volatility will be very large. In this round of rapid rebound, the confirmation of fundamentals will only have an upward push, not a downward impact. Therefore, if the third quarter report is lower than expected, it will not be the point where the market ends; If the third quarter report exceeds expectations, it will bring a "double click of fundamentals and expectations".

Another institution believes that with the revaluation of market confidence, public funds, foreign capital and other micro funds with homeopathic characteristics are expected to continue to improve, and to a certain extent, help to form a positive cycle with the market.

Funds run into the market

The number of 100 billion ETFs increased to 8

In the first week after the holiday, funds continued to run into the market, and continued to increase A-shares through ETF funds.

According to the statistics of Securities Times · Databao, since October 8, the net inflow of equity ETFs (passive index and international (QDII) stocks) has totaled 163.066 billion yuan, and the scale of equity ETFs in the whole market has reached 3.31 trillion yuan, a significant increase from 3.14 trillion yuan before the holiday.

There are 15 ETF funds with a net asset value of more than 30 billion yuan and 8 ETFs with a net asset value of more than 100 billion yuan. Among them, Huatai Pineapple CSI 300 ETF ranked first, with the latest 408.447 billion yuan, and E Fund CSI 300 ETF ranked second, with the latest scale of 264.389 billion yuan.

E Fund ChiNext ETF and ChinaAMC SSE STAR Market 50 ETF received funds to increase their positions this week, and newly entered the 100 billion ETF club.

The main funds are large this week

The net outflow was 500 billion yuan

This week (October 8-11), the net outflow of main funds of A-shares totaled 502.981 billion yuan, the highest value in nearly a year.

All the first-level industries of Shenwan were withdrawn by the main funds, and the net outflow of 14 industries exceeded 10 billion yuan. Among them, the net outflow of main funds in the computer, non-bank finance and electronics industries ranked first, with 69.904 billion yuan, 69.575 billion yuan and 65.147 billion yuan respectively; The net outflow of power equipment, pharmaceutical and biological industries exceeded 30 billion yuan; The net outflow of machinery and equipment and the automobile industry exceeded 20 billion yuan.

From the perspective of the capital flow of individual stocks, the net outflow of 57 main shares exceeded 1 billion yuan this week.

Oriental Wealth, CITIC Securities (600030), and Tianfeng Securities (601162) ranked the top three in terms of net outflows, with 20.283 billion yuan, 9.258 billion yuan, and 5.439 billion yuan respectively.

Another major outflow is mainly from the computer sector, iFLYTEK (002230), Flush (300033), Yinzhijie (300085), Runhe Software (300339), Changshan Beiming (000158) and other 8 shares suffered a net outflow, and many of them are closely related to the concept of Internet finance.

The brokerage sector is one of the leading directions of this round of market, with a high degree of recognition of funds and a large increase in individual stocks. There has been a correction in the sector in the last two trading days, but the correction is within a reasonable range.

Soochow Securities believes that the policy shift to drive active market trading is the main line of investment in the current non-bank sector, and whether the active market trading can continue is the key to sustainability. The press conference of the State Council Information Office on September 24 and the Politburo meeting on September 26 reaffirmed efforts to boost the capital market and ignite market trading enthusiasm, and the non-bank sector is expected to usher in a Davis double hit in valuation and performance.

In addition, Kweichow Moutai (600519) and Wuliangye (000858), the leaders of the large consumption sector, were also sold by the main funds, with net outflows of 2.07 billion yuan and 3.679 billion yuan respectively.

In terms of net inflow, the net inflow of 35 main shares this week was more than 100 million yuan. Roborock, Commodity City, and China Micro Corporation (688012) ranked the top three, with net inflows of 611 million yuan, 565 million yuan, and 561 million yuan respectively.

From the perspective of sectors, the main funds have increased their positions in many bank stocks, and the net inflow of four main stocks, including Industrial and Commercial Bank of China (601398), Agricultural Bank of China (601288), China Construction Bank (601939), and Bank of Suzhou (002966), has exceeded 200 million yuan.

In addition, the semiconductor sector has also been favored by the main force, with Cambrian-U, Jingchen (688099), and China Micro Corporation ranking first in terms of net inflows in a week.