On October 16, data released by the Shanghai Stock Exchange revealed that as of October 14, a total of 134 Science and Technology Innovation Board (STAR) ETFs had been listed, collectively reaching a scale of RMB 351.6 billion. Since September 22, there has been a notable influx of incremental funds, with a net inflow of close to RMB 35 billion. Notably, the STAR 50 ETF, a major broad-based ETF for the STAR Market, experienced a net inflow of nearly RMB 25 billion during this period. Furthermore, ETFs focused on core technology sectors, such as STAR semiconductor materials and equipment, and STAR chips, have continued to draw in capital, indicating broad investor consensus on the long-term allocation value of the STAR Market.
