Existing funds are attracting money strongly, new products are being established intensively, and this year, 270 billion yuan of funds have entered the market through ETFs.

From the perspective of ETF subscriptions and redemptions in the first four months of this year, April 7th became a turning point for fund subscriptions and redemptions. According to Choice's calculation, as of April 6th, equity ETFs have experienced net redemptions of nearly 40 billion yuan since the beginning of the year. On April 7th, long-term funds such as Central Huijin, China Chengtong, and China Guoxin announced plans to increase their holdings in ETFs, leading to the influx of billions of yuan in funds on that day. This resulted in a major turnaround in the funding situation, with ETFs becoming one of the most important sources of incremental funds in the market. Since then, funds have continued to flow in, leading to a significant increase in net purchases of equity ETFs since the beginning of the year. Overall, as of the end of April, the net subscription amount for equity ETFs this year totaled 172.431 billion yuan.