Unfazed by adjustments! 21.8 billion yuan in funds channel into stock ETFs against the trend, with broad-based indices becoming the first choice "safe haven"

Broad-based ETFs once again play the role of a “safe haven,” with over 10 billion yuan of funds flowing in on Monday against the trend. According to data, on March 23, a total of 1,361 stock ETFs (including cross-border ETFs) in the market had a net inflow of 21.803 billion yuan in a single day. From the perspective of capital flow, broad-based ETFs representing core A-share assets once again serve as a “safe haven,” becoming the main direction for bottom-fishing funds to pour in; in contrast, thematic ETFs such as non-ferrous metals and chemicals experienced significant selling. (The Paper)

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