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On October 23, Xu Chi, chief strategy analyst at Zhongtai Securities, said that since October, stock ETFs have continued to receive net capital inflows, and technological growth directions such as Science Innovation 50 and GEM have also clearly accepted long-term capital. Looking ahead to the future market, there may still be some repetition in the short term, but with the gradual implementation of domestic policy support, negative feedback on liquidity is expected to gradually ease. If subsequent technology growth ETFs continue to receive large capital inflows, compounded by falling oil prices and US bond yields, the market, especially the technology growth sector, is expected to usher in a strong recovery.

Zhitongcaijing·10/23/2026 07:33:46
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On October 23, Xu Chi, chief strategy analyst at Zhongtai Securities, said that since October, stock ETFs have continued to receive net capital inflows, and technological growth directions such as Science Innovation 50 and GEM have also clearly accepted long-term capital. Looking ahead to the future market, there may still be some repetition in the short term, but with the gradual implementation of domestic policy support, negative feedback on liquidity is expected to gradually ease. If subsequent technology growth ETFs continue to receive large capital inflows, compounded by falling oil prices and US bond yields, the market, especially the technology growth sector, is expected to usher in a strong recovery.