In April, nearly 300 billion yuan in funds borrowed through ETF channels, the market may shift from defense to moderate attack.
On May 6th, the three major A-share indexes collectively rose by more than 1%. The performance of the technology growth sector, such as computing power and Huawei's Hongmeng industrial chain, was active. Several billion-level ETFs, including E Fund CSI Overseas Interconnection ETF, Huaxia Hang Seng Internet Technology Industry ETF, and Fortune Central Financial Hong Kong Stock Connect Internet ETF, rose by more than 3%. Public offering professionals stated that after a thorough adjustment, market sentiment and risk appetite have improved somewhat, and the market may shift from defense to moderate offense. The medium to long-term potential of the technology industry, especially the artificial intelligence industry chain, may gradually become apparent.
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