Shanghai Composite Index breaks down, Yifangda Shanghai Composite Index ETF (530060) sees continuous net inflows for 3 days

GateUser-bd883c58 · 2026-03-24T10:41:05+00:00

As of March 23, the Shanghai Composite Index fell below the 4,000 mark, closing at 3,858.18 points, with China National Petroleum rising over 1%. The popular Shanghai Composite Index ETF by E Fund recorded net inflows for 3 consecutive days, with trading volume of 25.66 million yuan. Shenwan Hongyuan pointed out that the US-Iran conflict impacts risk appetite, with short-term capital pullback, and potential weakening effects on A-shares in the future.

GateUser-bd883c58

2026-03-24 10:41:05

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As of March 23, 11:30 AM, the Shanghai Composite Index fell 2.50%, continuing to break below the 4,000-point mark, closing at 3,858.18 points. Among individual stocks, China Petroleum rose over 1%.

Regarding popular ETFs, the Shanghai Composite Index ETF E Fund (530060) has a current trading volume of 25.66 million yuan and a turnover rate of 27.99%. It has experienced net inflows for three consecutive days.

Shenwan Hongyuan research report states that the deadlock in US-Iran conflict continues to weigh on risk appetite, supporting short-term capital withdrawal from the “first phase of gains.” This may already be the most pressured stage. The medium-term uncertainties are underestimated: firstly, for China and the US, monetary tightening to combat imported inflation is counterproductive. Increasing inflation tolerance is highly likely. Secondly, the US economy remains resilient, and China has room to maneuver; a recession is not the baseline assumption. Additionally, geopolitical deadlock and China’s energy security and supply chain security could be global alpha factors. Even if the US-Iran conflict persists with fluctuations, the impact on A-shares is likely to gradually diminish.

The Shanghai Composite Index ETF E Fund (530060) closely tracks the Shanghai Composite Index (000001.SH). The Shanghai Composite Index is composed of eligible stocks and depositary receipts listed on the Shanghai Stock Exchange, reflecting the overall performance of listed companies on the exchange.

The Shanghai Composite Index ETF E Fund (530060) currently has an annual management fee rate of 0.15%, the lowest in the market, with a custodial fee of 0.05% annually.

Risk reminder: Funds are subject to risks; please invest cautiously.

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