Summary
【The more you fall, the more you buy! On the day of the crash, 11 billion funds borrowed from stock ETFs to buy bottoms]This Monday (April 25), the four major A-share stock indexes all fell sharply, of which the Shanghai Composite Index fell by more than 5%, falling below the 3,000-point mark. As a bellwether of institutional investment, stock-traded open-end index funds (ETFs) bucked the trend and received a net inflow of more than 11 billion funds in a single day, and the bottom-hunting funds were very turbulent. In the continuous adjustment of the market since April, OTC funds have continued to enter the market at the bottom. It is estimated that nearly 49 billion funds have entered the market through stock ETFs.
This Monday (April 25), the four major A-share stock indexes all fell sharply, among whichThe Shanghai Composite IndexIt fell more than 5% and fell below the 3,000-point mark.As a bellwether of institutional investment, the stock-trading open-ended indexfund(ETF) received more than 11 billion funds in a single day against the trendnet inflow, the bargain-hunting funds are very turbulent. In the continuous adjustment of the market since April, OTC funds have continued to enter the market at the bottom. It is estimated that nearly 49 billion funds have entered the market through stock ETFs.
(Article source: China Fund News)