--- title: "A-shares experience fluctuations and adjustments, while ETFs such as gold and batteries are favored by investors" type: "News" locale: "en" url: "https://longbridge.com/en/news/281724055.md" description: "From March 30 to April 3, the A-shares experienced fluctuations and adjustments, with a total net outflow of 24.427 billion yuan from stock-type ETFs and cross-border ETFs in the Shanghai and Shenzhen markets. ETFs related to gold and batteries received favorable funding, while communication and coal-related ETFs faced sell-offs. The Sci-Tech Innovation Pharmaceutical ETF performed well, rising by 6.72%; the leading photovoltaic ETF performed poorly, falling by 12.07%. Xiangcai Securities expects to focus on ETFs in the oil and petrochemical, pharmaceutical and biotechnology, and basic chemical industries next week" datetime: "2026-04-06T01:13:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281724055.md) - [en](https://longbridge.com/en/news/281724055.md) - [zh-HK](https://longbridge.com/zh-HK/news/281724055.md) --- # A-shares experience fluctuations and adjustments, while ETFs such as gold and batteries are favored by investors \[Global Network Finance Comprehensive Report\] During the week from March 30 to April 3, the A-shares experienced fluctuations and adjustments, with a total net outflow of 24.427 billion yuan from stock ETFs and cross-border ETFs in the Shanghai and Shenzhen markets. In terms of industry themes, ETFs related to gold and batteries received favorable funding, while communication and coal-related ETFs faced fund sell-offs. Xiangcai Securities recently stated that according to Wind data, the median weekly change in stock ETFs for that week was -1.91%. The Science and Technology Innovation Drug ETF and the Innovative Drug ETF performed relatively well, with notable gains, among which the Science and Technology Innovation Drug ETF from Guotai had the highest increase, rising by 6.72%; while the photovoltaic leader ETF and the photovoltaic ETF performed relatively poorly, with significant declines, among which the photovoltaic leader ETF from GF experienced a larger drop, falling by 12.07%. The industry ETF rotation strategy under the PB-ROE framework focused on the communication, agriculture, forestry, animal husbandry, and coal industries in the first half of the week, while the second half focused on the oil and petrochemical, pharmaceutical and biological, and basic chemical industries. Xiangcai Securities also expects that based on the PB-ROE situation of the industry and combined with supplementary indicators, the ETF rotation strategy under the PB-ROE framework recommends focusing on the oil and petrochemical, pharmaceutical and biological, and basic chemical industries next week; according to the ETF subscription and redemption sentiment indicator model, it recommends focusing on medical ETFs, communication ETFs, innovative drug ETFs, coal ETFs, and photovoltaic ETFs next week among industry ETFs and thematic ETFs ### Related Stocks - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [601899.CN](https://longbridge.com/en/quote/601899.CN.md) - [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md) - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md) - [02824.HK](https://longbridge.com/en/quote/02824.HK.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [GDXU.US](https://longbridge.com/en/quote/GDXU.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [159934.CN](https://longbridge.com/en/quote/159934.CN.md) - [159562.CN](https://longbridge.com/en/quote/159562.CN.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [512460.CN](https://longbridge.com/en/quote/512460.CN.md) - [159755.CN](https://longbridge.com/en/quote/159755.CN.md) - [82824.HK](https://longbridge.com/en/quote/82824.HK.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) ## Related News & Research - [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md) - [Bitget launches 'Gold Fast or Go Home Challenge' for Gold CFD Trading](https://longbridge.com/en/news/287052667.md) - [AGNICO EAGLE ANNOUNCES INVESTMENT IN WALLBRIDGE MINING COMPANY LIMITED | AEM Stock News](https://longbridge.com/en/news/287063692.md) - [Wallbridge to Advance Fenelon to Pre-Feasibility Study with Strategic Investments from Agnico Eagle and Waratah for Approximately C$56 Million](https://longbridge.com/en/news/287054242.md) - [Allied Gold Reports Q1 2026 Results, Advances Growth Strategy and Progresses Transaction With Zijin Gold | AAUC Stock News](https://longbridge.com/en/news/286467479.md)