US stocks, Nikkei and other cross-border ETFs were redeemed by a large number of high prices

On October 22nd, according to Wind statistics, from September 1st to October 21st, Nasdaq, Nikkei and other cross-border ETFs were redeemed in large quantities, with the highest proportion of fund share reduction approaching 40%. Among them, the high-profile cross-border ETFs in the first half of this year, such as Nasdaq 100ETF, US 50ETF, Asia Pacific Select ETF, Nikkei 225 ETF, etc., were redeemed by investors hundreds of millions of copies; the fund share of the above products on October 21st decreased by 39.5%, 39.1%, 33.7% and 33.4% respectively compared with September 1st. In addition, the latest fund share of the two Saudi ETFs also decreased by about 20% compared with the beginning of September. In contrast, cross-border ETFs with the theme of technology, consumption and innovative drugs in Hong Kong stocks received an influx of funds, and the fund share growth from September 1 to October 21 was the highest. Among them, the share of nearly 10 Hong Kong stock ETFs such as Hong Kong Internet ETF, Hang Seng New Economy ETF and Hang Seng Consumer ETF more than doubled.