Nearly 50 billion yuan in net inflows over the past month; capital is using ETFs to position in hard tech.

In the recent volatile market, capital has flowed into the hard tech sector against the trend. Estimates show that over the past month, net inflows into ETFs tracking the STAR 50, semiconductors, communications, artificial intelligence and other related themes have exceeded 50 billion yuan. In addition, technology-themed funds have been established intensively recently, and industrial capital and institutional investors have frequently appeared in the lists of holders disclosed by newly established ETFs.