ETF fund flows are differentiated, and public fund strategies are becoming more diverse.

On April 14th, the main indexes of A-shares and Hong Kong stocks collectively rose, with the Growth Enterprise Market Index rising by more than 2%. Over 90% of ETFs in the market closed in the green, with satellite theme ETFs dominating, becoming the biggest highlight of the ETF market that day. At the same time, there continues to be a differentiation in the flow of funds in the ETF market. On April 13th, bond ETFs went against the trend and attracted funds, showing a sharp contrast with the continuous net outflow of broad-based ETFs. Looking ahead, public fund institutions have diverse views, with some advocating for balanced defense and others seeking opportunities in volatility. AI, optical communication, gas turbines, domestic computing power, dividends, consumption, natural resources, Hong Kong-listed technology, and chemicals are all areas of focus for public fund institutions.