Yesterday (November 28th), the turnover of the two cities exceeded 75 billion yuan. According to Choice data, the net subscription of stock ETFs in the market reached 2.736 billion yesterday, including 1.291 billion in Shanghai Stock ETF and 1.445 billion in Shenzhen Stock ETF. Based on the latest net value, the net purchase amount in the market yesterday reached 4.35 billion yuan.

Tourism ETF funds led the gains

According to the data, among the stock ETFs in the market yesterday, tourism ETF funds, film and television ETF funds and power ETF funds were among the top gainers, among which, tourism ETF funds rose by 4.2%, ranking first.

CSI 5ETF funds have the most subscriptions

Yesterday, the largest net subscription amount was CSI 5ETF funds, with a net subscription amount of 876 million. In addition, CSI 1ETF Fund and Growth Enterprise Market ETF Fund were also among the top purchasers, with net subscription amounts of 387 million yuan and 379 million yuan respectively.

The military ETF was redeemed

The data also shows that the ETF with the largest net redemption amount yesterday was the military ETF fund, with a redemption amount of 165 million yuan, followed by MSCI China A5ETF fund with a redemption amount of 131 million yuan.

institutions look at the market outlook

Northeast Securities believes that among the factors that affect the market trend at the end of the year, the economic fundamentals policy expects external shocks to credit and liquidity institutions to hold positions. At present, the economic recovery and policy expectations are improving, and the impact of the epidemic is negative, but the liquidity is loose. In December this year, the market will continue to rebound.

The organization pointed out that the short-term value style is strong but difficult to sustain, and it pays attention to the computer, medicine, real estate industry chain and some new energy sources. (1) The value-oriented style is difficult to sustain in the short term: first of all, the growth style of credit is dominant under profit, and the value is better only when the credit profit is double-kill; Secondly, the policy catalytic superposition of low valuation makes the value dominant in the short term, but the short-term fundamentals are difficult to repair strongly, which makes the style with strong value difficult to sustain. (2) Suggested attention: First, computers (localization, big data), medicine (traditional Chinese medicine, medical care) and media (meta-universe, games, etc.) with marginal improvement in prosperity; The second is the oversold scenery storage, semiconductors, etc.; The third is the policy-oriented military industry and real estate chain; The fourth is the consumption with strong calendar effect.