Net redemptions for stock ETFs in July have increased, with redemptions exceeding 100 billion yuan in some products.

As the total shares of non-stock ETFs continue to grow, stock ETFs have been consistently redeemed. Wind data shows that in July, a total of 24.833 billion shares of stock ETFs were redeemed, an increase from the trend of redemption in June. The trend of net purchases of stock ETFs this year has also turned into net redemptions, with a net redemption of 0.801 billion shares by the end of July. Specifically, the E Fund CSI 300 Medical and Health ETF, Huabao CSI Medical ETF, and Jiashi CSI A500 ETF were redeemed by more than 5 billion shares in July. The E Fund CSI 300 Medical and Health ETF also became the stock ETF with the most net redemptions this year, with a net redemption of 16.843 billion shares. The Guotai CSI A500 ETF is another product with net redemptions exceeding 10 billion, with a net redemption of 12.643 billion shares this year.