Southern Fund's free cash flow ETF has seen net inflows for 9 consecutive days; institutions: A-share free cash flow is rebounding, and the turning point for cyclical manufacturing has arrived

The Southern Fund's Free Cash Flow ETF (Southern, 159232) has seen continuous net inflows for the past 9 days. Institutional analysis indicates that the free cash flow of A-shares is recovering, and the turning point for the cyclical manufacturing sector has arrived. The Southern Free Cash Flow ETF traded 15.8855 million yuan, while the tracked CSI All Share Free Cash Flow Index fell by 1.65%. The improvement in the overall A-share (non-financial) free cash flow is mainly due to a contraction in capital expenditures, with the cyclical sector's free cash flow showing a year-on-year increase, and the decline in the technology sector's free cash flow narrowing. This ETF serves as a tool for investors to allocate quality assets by tracking companies with high free cash flow rates