The "value reassessment" wave of Chinese technology stocks has not stopped, and the A500ETF fund received a net subscription of 268 million yuan in the past five days.

On May 30th, the trading volume of A500ETF fund was active, with a turnover of 2.3 billion yuan as of the date of this report. In terms of fund flow, it received a net purchase of 89.85 million yuan yesterday, and a net purchase of 2.68 billion yuan in the past five days. The latest number of shares is 17.564 billion, with a scale of 164.61 billion yuan. Su Wenjie, director of the stock research department of JPMorgan Chase's Asia-Pacific region, stated that foreign investors are regaining confidence in the Chinese market, with some already neutral and others adjusting back to overweight. Su Wenjie still believes in the performance of the Chinese market. In the Asia-Pacific region, both the Chinese and Indian markets are expected to maintain an upward trend. Su Wenjie believes that the "revaluation" trend of Chinese technology stocks has not been interrupted. In addition, the expansion of Chinese consumption, especially in the service sector, is one of the key factors for international investors to regain confidence in Chinese assets. Zhongtai Securities stated that they still maintain a "high-low switching" view at the current point in time, and remain relatively optimistic about the technology sector. Although we are not optimistic about this judgment, the market as a whole will continue to rotate rapidly among various hotspots in the second quarter, and investors should not chase high prices, but should instead buy low when the opportunity arises. Investors can use the A500ETF fund and its connected funds for their investment layout.