ETF Midday Review | A-share three major indices collectively rise, chip sector surges upward, Haitian Jurassic rises nearly 10%, and Futura Sci-Tech Chip ETF and Sci-Tech Chip ETF increase by 2.7%
Grandon Financial August 12th|A-share three major indices collectively rise as of midday, Shanghai Composite Index up 0.51%, Shenzhen Component Index up 0.34%, Small-cap Index up 0.91%, Northbound Stock Market Index down 0.33%, and total turnover of Shanghai, Shenzhen, and Beijing markets reaches RMB 121 billion, a daily increase of RMB 60.5 billion. Over 1800 stocks have risen globally. Sector-wise, gas, port logistics, brain-machine interface, energy metals, and military equipment sectors have seen gains.
ETF-wise, the chip sector has surged upward, with Haitian Jurassic rising by 9.95%, Futura Sci-Tech Chip ETF and Sci-Tech Chip ETF increasing by 2.76% and 2.71%, respectively. AI hardware end core stocks have again rallied together, including Industrial & Commercial Bank (601138) and other stocks that have set new highs. Entrepreneurial Board AI ETF, Futura AI ETF, and Nationwide AI ETF have increased by 2.35%, 2.39%, and 2.25%, respectively. Communication equipment sector has followed suit, with Nation-wide Communication ETF and Hua Xia Fund 5G Communication ETF increasing by 2.5% and 2.05%, respectively.
Innovative pharmaceutical sector has seen a correction, with Sci-Tech Innovative Pharmaceutical ETF decreasing by 2.7%. Rare metal sector has also seen a correction, with Rare Metal ETF and Nation-wide Rare Metal ETF decreasing by 2.65% and 2.58%, respectively. Aerospace military sector has performed strongly, with Aviation Space ETF and Military Industrial ETF decreasing by 2.1% and 1.93%, respectively.