TREE NEWS reports: Roughly RMB 45 billion flowed into hard-tech themed ETFs in China over the month from August 17 to September 15, Wind data shows, with funds piling into sci-tech innovation 50, telecom, chip and semiconductor, and artificial intelligence products even as A-shares swung lower. On September 16 telecom and semiconductor shares surged as the A-share market rebounded sharply.
China Tech-Themed ETFs Draw RMB 45B In One Month
The scale of the inflows is notable less for its size than for its timing: money kept entering hard-tech ETFs even as the broader A-share market fell, suggesting these vehicles are being used as a conviction allocation rather than a momentum trade. The immediate rebound in telecom and semiconductor shares right after the window closed hints that this flow may itself have become a marginal price-setter in those pockets of the market. Whether the bid persists if the wider index keeps sliding is the open question.
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