3600 points stimulate enthusiasm for long position. Stock ETF funds have had a net inflow of over 12.3 billion yuan since August.

On August 11, the Shanghai Composite Index continued its sixth consecutive day of gains, reaching a new high for the year. The average daily trading volume in the A-share market this year has reached as high as 1.44 trillion yuan, setting a historical record. Market enthusiasm for buying has surged, and onshore funds have also increased their positions through the stock ETF market. According to data from the Galaxy Securities Fund Research Center, on August 11, the net inflow of funds into the overall stock ETF market was 45.94 billion yuan, with a net inflow of 10.70 billion yuan into A-share stock ETFs. Looking at a longer period of time, in the seven trading days since August, there has been only one day of net redemptions, with the remaining six days being net inflows. The total net inflow of funds into the overall stock ETF market since August has exceeded 12.3 billion yuan.