Huatai Futures: US-listed Chinese assets continue to be favored by ETF funds
Release time:2021-10-27 14:52:32 Click:609
(SHENZHEN, October 12), HUATAI Futures analyst statistics in the U.S. listed Exchange Traded Fund (ETF) situation according to Bloomberg data which shows that the Asia-Pacific region has been three consecutive months of net inflows of ETF funds, including September net inflows of more than $2.4 billion, refreshing the highest in nearly nine months. Chinese assets listed in the U.S. continue to be favored by ETF funds. Currently, the net inflow of ETF funds has been for 9 consecutive months, including over $1.65 billion in September and over $10.94 billion in the past 9 months.
Gao Cong, HUATAI Futures analyst, told China Securities Journal that the amount of funds entering the global capital market through ETF channels has shown a gradual downward trend since March 2021. That includes net inflows of more than $45 billion in September and nearly $100 billion in March, down more than 50 percent from previous highs.
In September, the net outflow of commodity ETF exceeded $900 million, maintaining a net outflow status for three consecutive months. By industry, the industrial metal sector of commodities had a net outflow of $4 million in September, showing a state of net outflow for two consecutive months. The precious metals sector had a net outflow of $570 million in September, in which the gold ETF fund had a net outflow of $260 million in September, and the silver ETF had a net outflow of $37 million in September, and the fund had a net outflow for 4 consecutive months. The agricultural sector had a net outflow of $29 million in September, the fourth consecutive month of net outflows; The energy ETF had a net outflow of $183 million in September, the 16th straight month of net outflows.
In terms of the U.S. stock market, data as of September 30 showed that the U.S. stock communication and technology industry both received a net inflow of ETF funds for three consecutive months. In the past three months, the net inflow of ETF funds in the communication industry and technology industry was USD 1.875 billion and USD 3.962 billion respectively. ETF funds in the real estate industry also showed a large net inflow, including over $3.25 billion in September. The energy sector, which saw ETF outflows of more than $1.68 billion in August, saw net inflows of more than $1.6 billion in September.
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