As the Spring Festival approaches, the overall performance of the A-share major consumer sector has been strong recently. Since last week, multiple consumer-themed ETFs have shown significant gains and have experienced notable net capital inflows. Several institutions have stated that after a long-term adjustment, the valuation of the major consumer sector has entered an attractive range. Coupled with the Spring Festival peak season catalyst and the implementation of policies to boost consumption, the sector’s allocation value is gradually becoming evident. (China Securities Journal)
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The rise of the consumption sector, multiple ETFs significantly attract funds
As the Spring Festival approaches, the overall performance of the A-share major consumer sector has been strong recently. Since last week, multiple consumer-themed ETFs have shown significant gains and have experienced notable net capital inflows. Several institutions have stated that after a long-term adjustment, the valuation of the major consumer sector has entered an attractive range. Coupled with the Spring Festival peak season catalyst and the implementation of policies to boost consumption, the sector’s allocation value is gradually becoming evident. (China Securities Journal)