Long-term funds are using broad-based ETFs to position in A-shares, with net inflows exceeding RMB 370 billion since October.

On November 2, the A-share market fluctuated upward, supported by policy expectations. As of the close on November 2, three broad-based productsChinaAMC STAR 50 ETF, E Fund ChiNext ETF, and Huatai-PineBridge CSI 300 ETFall achieved turnover exceeding 10 billion yuan. China Southern CSI 1000 ETF, China Southern CSI 500 ETF, Huatai-PineBridge A500 ETF, and Guotai CSI A500 ETF all recorded turnover above 6 billion yuan. Over a longer horizon, the pace of capital using ETFs to position amid market volatility has clearly accelerated, with equity ETFs maintaining net inflows for a full month. Wind data shows that broad-based ETFs have seen net inflows exceeding 370 billion yuan since October. It is evident that equity ETFs, favored by long-term capital, have returned to the position of the main force attracting funds.