Semiconductor-Themed ETFs Buck the Trend, Small- and Mid-Cap Broad-Based Products Draw Capital
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Author:小编   

On November 12, the three major A-share indices retreated, with the ChiNext Index dropping more than 2%. Of the more than 1,700 ETFs across the market, fewer than 10% closed higher, and only 20 gained more than 1%. Semiconductor (including chip) themed ETFs led the gains against the market trend and saw significantly increased trading volume. On the fund flow side, the previous trading day (November 11) saw the three major indices rise collectively while the ETF market recorded a net outflow of more than 8 billion yuan. Broad-based ETFs focused primarily on small- and mid-cap stocks attracted relatively more capital, with multiple products ranking among the top in single-day net inflows.