Multiple incremental funds entered the market, counter-layout to build a defensive line for acceptance.
During the volatility of the A-share market, multiple sources of incremental funds are entering the market. Since July, funds have flowed significantly into ETFs, some newly established funds have quickly built their positions, public and private equity funds have been intensively buying back their shares, and outstanding funds have also relaxed restrictions to absorb "new bullets." Industry insiders have stated that in history, A-shares have often seen the phenomenon of funds entering the market against the trend during adjustments, which has a supportive effect on the market. Currently, institutional investors have a high recognition of the value of the current position, and have the strength to support the market from below.
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