On October 9, there was a V-shaped reversal in the market, and many broad-based ETF transactions increased significantly. Looking at recent capital flows, in the midst of market shocks and adjustments, equity ETFs strongly “sucked in” money. In the four trading days from September 28 to October 8, there was a net capital inflow of 53.278 billion yuan. At the same time, the subscription capital of some new development funds exceeded the maximum amount raised, and proportional placement was initiated.

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