Funds "buying and withdrawing at the same time" Some ETFs experiencing net outflows.

Recently, against the background of continuous decline in the price of gold, trading activity in gold ETFs has picked up again, with fund data showing a trend towards selling. In the stock market, as the Shanghai Composite Index rose above 3300 points, there are clear signs of capital "withdrawal" in the near term. In the first three trading days of this week, A-share ETFs saw a net outflow of over 15 billion yuan, with mainstream broad-based index ETFs mainly experiencing net outflows, and ETFs with significant short-term gains also facing profit-taking. Fund professionals believe that short-term allocation can capture structural opportunities, with a focus on the internet technology sector and overseas sectors with competitive advantages.