ETF Mid-Day Review | Stocks in Three Major Indices Rise and Fall, Innovative Drug Sector Continues to Climb, Hong Kong Stock Connect ETF Up 6%, Hong Kong Automobile ETF Down 2.76%

Grandon July 30th｜Stocks in three major indices rose and fell differently, as of mid-day, the Shanghai Composite Index rose 0.52%, the Shenzhen Component Index fell 0.06%, the Entrepreneurship Board Index fell 0.71%, the Northbound 50 Index fell 0.54%, with a combined trading volume of RMB 11,022 billion, down 436 billion from the previous day. Over 2,000 stocks rose in the two markets. In terms of themes, innovative drug, film and television, and battery sectors rallied, while digital currency, multi-financial, and other sectors adjusted.

ETFs, the innovative drug sector continued to rise, with Huaan Fund's Hong Kong Stock Connect Innovative Drug ETF, Yueming Fund's Hong Kong Healthcare ETF, and Jingcai Fund's Chinese Healthcare ETF rising by 6%, 3.85%, and 3.01% respectively, with the former having a high excess rate of 4.29%. The chemical sector rebounded, with Huaxia Fund's Chemical Industry ETF rising 2.35%, E-fund's Chemical Industry ETF rising 2.04%, and Huaan Fund's Chemical Industry ETF rising 1.82%. Film stocks performed strongly, with Guotai Fund's Film and Television Industry ETF rising 1.93%.

Hong Kong automobile stocks fell sharply, with Hong Kong Automobile ETF and Hong Kong Automobile ETF Fund falling by 2.76% and 2.75% respectively. Stablecoin concept stocks declined, with Financial Technology ETF and Financial Technology ETF Huaxia falling by 2.16% and 1.89% respectively. Solid-state battery sector plummeted, with Battery Leader ETF and Battery 30 ETF falling by 1.77% and 1.75% respectively.