More than 10 billion funds flow back into stock ETFs, industry insiders say that the extreme differentiation market is expected to converge.

In the recent volatile adjustment market, funds are using ETFs to go against the trend. Last week, stock ETFs received net inflows exceeding 11 billion yuan. From the perspective of fund flows, there are both funds bottoming out in technology theme ETFs and funds increasing their positions in value theme ETFs. In the view of industry insiders, the prosperity of the technology growth industry, with AI as the main line, is improving, and the valuation advantage of dividend value sectors is prominent. In the current "earnings vacuum period," the market is beginning to seek "rebalancing," and the extreme differentiation trend in the previous period is expected to converge. This will further test the ability of fund managers to select individual stocks.