On May 27, the majority of stocks in the market saw adjustments. High-growth sectors cooled off, while defensive sectors and those with low valuations fared relatively well. ETFs linked to the liquor, coal, and electricity sectors bucked the market trend, posting gains. Notably, several Listed Open-Ended Funds (LOFs) experienced significant surges. Specifically, Caitong Fuxin Fixed-Open Mixed and Caitong Fuxiang Mixed LOFs hit their daily price limits, marking four and three consecutive trading days of such limits, respectively. Caitong Fuxiang Mixed LOF, despite opening at a lower price, closed higher, showcasing a notably high premium rate. From a capital flow perspective, on May 26, there was a continued net outflow of capital from broad-based index ETFs, although the scale of this outflow diminished. Simultaneously, capital poured into semiconductor and chip ETFs, with related products witnessing a net inflow exceeding 7 billion yuan.
