Sci-Tech Innovation and Enterprise ETF E Fund (159781) "absorbed" over 200 million in a single day

As of 10:07, the CSI Science and Technology Innovation Board and ChiNext 50 Index (931643) fell by 0.47%. Among its component stocks, Sanhuan Group rose 6.14%, Sungrow Power Supply rose 4.13%, Zhongji Innolight rose 3.14%, Biwin Storage rose 1.91%, Lens Technology rose 1.77%, while Piotech fell 6.19%, Nexchip fell 4.68%, AMEC fell 3.98%, SMIC fell 3.86%, and ACME Shanghai fell 3.52%. As of the previous trading day, the index had risen 98.88% over the past year.

The E Fund Science and Technology Innovation Board and ChiNext ETF (159781) continues to see capital inflows, with a net inflow of 267 million yuan on the previous trading day. As of the previous trading day, the fund recorded cumulative net inflows of 1.643 billion yuan over the past week, 2.942 billion yuan over the past month, and 3.939 billion yuan over the past three months. The fund's average daily turnover for the past month was 854 million yuan, ranking first among peers, indicating active on-exchange trading and strong liquidity.

According to a research report from China Securities Co., Ltd., as of the end of Q2 2026, the allocation weight of the electronics sector in actively managed equity funds rose to approximately 43%, while the communications sector accounted for about 17%, totaling nearly 60%, both reaching new highs since 2015. The allocation proportion of the Science and Technology Innovation Board in heavy-weight stocks increased significantly by 9.75 percentage points compared to the end of the previous quarter, reaching 26.42%, also marking a historical peak.

At the individual stock level, the market value of holdings in Zhongji Innolight increased by approximately 89.1 billion yuan to 161.8 billion yuan, maintaining its position as the top heavy-weight stock; Xinyisheng increased its holdings by approximately 66.3 billion yuan to rank second. The background for this major shift in holdings is that the A-share market in Q2 experienced a significant structural rally dominated by technology—the ChiNext Index surged 36.4%, with the electronics and communications sectors gaining over 60% each, significantly outperforming the CSI 300's 11.9% gain.

China Securities' latest view points out that the obvious correction in the A-share market since July was a technical adjustment driven by liquidity and trading structure, rather than a deterioration in fundamentals, and the market could stabilize and rebound at any time. On one hand, major indices have seen significant pullbacks, substantially releasing valuation and trading crowding pressures. Additionally, Sinosteel, Chengtong, and leading insurance companies have successively expressed their intention to enter the market, broad-based ETFs continue to receive large inflows, and simultaneously, overseas chip sectors have stabilized and recovered, with external risks gradually converging. The firm inflow of medium- and long-term capital can intervene in time to block negative feedback and provide a new pricing anchor when the market faces liquidity crises and anchored expectations. With sufficient market adjustment and the fading of external risks, this round of market correction has basically ended, and it is expected to embark on a new upward trend.

The E Fund Science and Technology Innovation Board and ChiNext ETF (159781) tracks the CSI Science and Technology Innovation Board and ChiNext 50 Index. This index selects 50 securities of emerging industry listed companies with larger market capitalizations from the Science and Technology Innovation Board and ChiNext as index samples, to reflect the overall performance of representative emerging industry listed company securities in these markets. The index covers multiple key areas such as electronics, power equipment, communications, and pharmaceuticals, serving as a gathering place for technological breakthroughs and industrial upgrades, and is expected to benefit from the continuous improvement of penetration rates and localization rates in emerging industries.

The management fee rate for the E Fund Science and Technology Innovation Board and ChiNext ETF (159781) is 0.15%, the custody fee rate is 0.05%, and the comprehensive fee rate is 0.2%, providing investors with a low-cost, highly liquid investment tool that enables them to effectively participate in emerging industry investments and share in the dividends of China's economic transformation and growth.