On October 9, the Chinese A-share market experienced a significant downturn following a series of rapid gainsMost major indices witnessed declines exceeding 6%, with the ChiNext index falling by more than 10%. Trading volume across the day approached the staggering figure of 30 trillion yuanThis sudden shift in market sentiment raised eyebrows among investors, many of whom were caught off guard by the swift changes in momentum.

In the midst of this considerable market adjustment, over 50 billion yuan of funds flowed into the stock exchange via exchange-traded funds (ETFs). ETFs related to sectors such as technology innovation and ChiNext became central to this influx, showcasing a persistent demand for products linked to these dynamic themesA selection of representative ETFs experienced increased trading activity, indicative of a strategic pivot in investor focus.

Following a remarkable net inflow of over 110 billion yuan on October 8, the market recorded another impressive day for capital absorptionSince a robust rebound commenced on September 24, stock ETFs have consistently seen net inflows, aggregating approximately 288 billion yuan, with 164 billion yuan originating from just the first two trading days after the National Day holidayThis consistent influx into ETFs highlights a growing confidence in specific sectors, particularly amidst volatility.

On the day of the downturn, capital inflows surpassed 50 billion yuan, demonstrating an ongoing attraction to the stock market despite broader declinesIn particular, the technology innovation and ChiNext sectors proved to be significant beneficiaries of investment interest, reflecting a strong appetite for companies positioned at the forefront of innovation and growth.

As per Wind data, by October 9, the total scale of 923 stock ETFs – including cross-border ETFs – across the market equated to around 3.31 trillion yuanThis statistic provides valuable insight into the magnitude of activity within the ETF market and the strategic movements of investors in response to fluctuating conditions.

The specific categorization of ETFs revealed that broad-based ETFs led the charge with a net inflow of 388.61 billion yuan

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Notably, the related ETFs for the Technology Innovation 50 and ChiNext indices ranked at the forefront, with individual net inflows reaching 111.59 billion and 105.95 billion yuan, respectivelyThese figures exemplify which sectors are currently capturing investor interest and funds during times of uncertainty.

Noteworthy individual ETFs emerged, highlighting the power of sector-specific investment themesThe Jiashan Technology Innovation Chip ETF, propelled by the boom in the semiconductor market, topped the charts for capital absorption with an astounding net inflow of 141.77 billion yuan, doubling its scale to reach 257.38 billion yuanSimilarly, the E-Fonda ChiNext ETF and the Huaxia Technology Innovation 50 ETF reported net inflows of 87.99 billion and 54.35 billion yuan, growing to 1.26 trillion yuan and 1.13 trillion yuan, respectivelyThis underscores a concentrated focus on technology advancement, highlighting the sheer scale of investment directed at innovation-obsessed firms.

Moreover, ETFs such as the Huaan ChiNext 50 ETF, E-Fonda Technology Innovation 50 ETF, and Huatai-PB Hu and Shen 300 ETF each experienced net inflows exceeding 25 billion yuan, while others such as China Life and the E-Fonda Hu and Shen 300 ETF saw inflows surpassing 10 billion yuanThe prominence of these specific products reaffirms the strategic movements of larger investment entities toward sectors they identify as having significant long-term growth potential.

Despite the overall market downturn, trading activity for stock ETFs remained robust, with figures reflecting a strong investor interestThe E-Fonda ChiNext ETF saw trading revenue of 38.5 billion yuan, while the Huaxia Technology Innovation 50 ETF and the Huatai-PB Hu and Shen 300 ETF both exceeded 20 billion yuan in trading volume that dayThe Jiashan Technology Innovation Chip ETF also surpassed the 10 billion yuan mark, emphasizing that even in adverse conditions, investor enthusiasm persisted.

Contrasting with the positive trends in certain sectors, challenges loomed as several ETFs experienced notable net outflows

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