The Shanghai Composite Index has once again lost the 3,900-point mark, with trading sentiment weak ahead of the holiday, leading to increased attention on short-duration bond ETFs

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2026.04.03 02:29
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On the last trading day before the Qingming Festival, the Shanghai Composite Index fell below 3,900 points, with a decrease of 10.989 billion yuan in margin financing, reflecting a low market risk appetite. Bond ETFs have attracted attention, with a net inflow of over 14.5 billion yuan in the past five trading days. Short-term bonds, due to their low sensitivity to interest rate fluctuations, have been favored by funds. The China Merchants Treasury and Policy Bank Bond ETF (511580), as a liquidity management tool, is designed flexibly with low fees, making it suitable for managing idle funds