Stock-type ETF continues to see net inflows; on the first trading day of November, A-share market sees a surge in volume and gains
The Block
2h ago
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On November 2nd, the A-share market rebounded strongly, with all major indices rising. The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all increased by more than 1%, while the Science and Technology Innovation Composite Index rose by over 2%. In October, cumulative net inflows into stock funds exceeded 390 billion yuan, and on November 2nd, the main capital in the Shanghai and Shenzhen markets had a net inflow of over 5 billion yuan. Analysts believe that with the active involvement of medium- and long-term funds, the market may gradually stabilize.
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CBN News 2026-11-03 06:38:05

Editor: Fan Zhijing

On November 2nd, the first trading day of November, the A-share market witnessed a strong rebound with increased trading volume. Major indices all rose, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all increasing by more than 1%, and the Science and Innovation Composite Index rising by over 2%. Concept sectors such as short-form dramas and games, stock trading software, and Kimi led the market gains, with over 4,600 stocks rising and more than 130 stocks hitting their daily limit up. The market turnover reached 1.80 trillion yuan, showing a significant increase compared to the previous trading day.

In terms of capital flow, in October, the cumulative net inflow of stock-based ETF exceeded 390 billion yuan, and on November 2nd, the main capital inflow into the Shanghai and Shenzhen stock markets surpassed 5 billion yuan.

Analysts believe that with the active involvement of medium and long-term funds, the market may gradually start to stabilize, and the pattern of oscillatory fluctuations in order to gain time may still be a characteristic of this phase. (China Securities Journal)

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