
Funds and Chinese assets are forming a positive cycle, industry insiders: investor sentiment will gradually improve
The trading activity in the Chinese stock market continues to rise, with funds and Chinese assets forming a positive cycle: In the A-share market, since July, funds have been accelerating into industry-themed ETFs, the issuance of actively managed equity funds has significantly rebounded, and institutional positions have been continuously raised; in the Hong Kong stock market, as of August 11, the net inflow of southbound funds has exceeded 800 billion yuan this year, surpassing the total for the entire year of 2024, setting a historical high, and the net inflow data for cross-border ETFs is impressive. However, some retail investors remain cautiously optimistic. Industry insiders believe that as the profit-making effect further spreads, investor sentiment will gradually improve. (Shanghai Securities Journal)