Lates News

Over the past week, the Shanghai Composite Index has been fluctuating narrowly around 3200 points. Due to the approaching May Day holiday, some funds that were considering holding coins for the festival have begun to temporarily withdraw from stock ETFs. According to the research center of Galaxy Securities Fund, stock ETFs (including cross-border ETFs) saw a net outflow of nearly 10 billion yuan in the past week. Among various ETF categories, gold ETFs continue to be the most "attractive" type, with gold ETFs dominating the top four in terms of net inflows in the past week, with a total net inflow of over 18 billion yuan.