Last week, there was a net outflow of 30 billion in Stocks ETF, with both Csi 300 Index and Huatai-Pb China Science and Technology Innovation Board 50 Component ETF experiencing redemptions of over 10 billion.
Last week, the net redemption of stock ETFs was 31.009 billion yuan, while the overall scale increased by 22.325 billion yuan.
A massive influx of capital worth hundreds of billions is really on its way!
A significant influx of 'new capital' has arrived! At 9 AM, the highly anticipated press conference by the State Council Information Office was held. Officials from the China Securities Regulatory Commission, the Ministry of Finance, the Ministry of Human Resources and Social Security, the People's Bank of China, and the Financial Regulatory Administration introduced efforts to significantly promote the entry of mid- to long-term funds into the market, facilitating the high-quality development of Capital Markets, and answered questions from reporters. After the market opened, all major Indices rose, and most individual stocks saw an increase. Just in the morning, the trading volume reached 919.3 billion yuan, a rise of 177.9 billion yuan compared to yesterday, with over 4,400 individual stocks increasing. It can be said that the market's reaction to the press conference was positive. However, there was some divergence in the afternoon performance.
A white paper with a huge amount of information.
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Multiple Shanghai and Shenzhen 300 ETFs have significantly increased trading volume.
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There is a differentiation in the small and large-cap style, with the Shanghai-Shenzhen 300 ETF rising and the CSI Midcap 200 Index ETF and China Securities 2000 Index ETF falling this year.
Delisted Yuan Cheng, Delisted Carbon Element, and Delisted Tongda, these three delisted stocks were all collectively resumed trading today, and the stock prices fell sharply. Delisted Yuan Cheng's decline reached 96%, Delisted Carbon Element's declined 83%, and Delisted Tongda's declined 80%. These three companies were all terminated from stock listing by the Shanghai Stock Exchange due to financial problems on May 28th. Last night, all three delisted stocks issued announcements stating that the start date of the delisting arrangement period for their stocks will be June 5th, 2024, and the expected date of the last transaction will be June 26th, 2024. Within five trading days after the expiration of the delisting arrangement period, the exchange will delist the company's stocks.
Hong Kong stocks surge in September! What's next? How to invest?
