ETF Morning Review | Shanghai Stock Exchange A-Shares Index Early Rally, Energy and Metal Sector Leads Gains, Rare Earth ETF Fund Up 5%, New Energy Vehicle Battery ETF Up 5%

　　Glorious.com July 24th｜Shanghai Composite Index rallies early morning, as of midday, the Shanghai Composite Index rose by 0.48%, Shenzhen Component Index rose by 0.65%, Small Cap Index rose by 0.72%, North China 50 Index rose by 0.66%, Shanghai and Shenzhen stock transactions reached 11330 billion yuan, a decrease of 265 billion yuan compared to the previous day. More than 3900 individual stocks rose. Sector topics include Hainan Free Trade Zone, Energy and Metal, Rare Earth Permanent Magnet, Waterpower, Securities, Photolithography equipment concept stocks rising; Gold, Banks, CPO, Pig Meat sector falling.

　　ETF-wise, the Energy and Metal sector leads gains, with Huafund Rare Earth ETF Fund, Guangfa Rare Earth ETF, and Guosheng Rare Earth ETF Fund rising by 5.64%, 5.51%, and 5.36% respectively. The Rare Earth sector continues to rise strongly, with Yicai Rare Earth ETF, Rare Earth ETF Jiaxiang, and Fungoo Rare Earth ETF rising above 4%. Lithium mining stocks performed well, with Jingshi Fund New Energy Vehicle Battery ETF and Guotai Fund New Energy Vehicle ETF rising by 5.12% and 3.51% respectively. The tourism sector saw a rare rebound, with Hua Xia Fund Tourism ETF rising by 3.47%.

　　Yesterday's abnormal rise was followed by a decline of 2.55% in the sustainable development ETF. Soybean meal ETF fell by 2.44%. Gold prices continued to fall, down 1%, while Gold ETF AU, Shanghai Gold ETF, and Gold ETF all fell by 1.65%, 1.65%, and 1.64% respectively. Bank stocks again retreated, with Bank ETF Index Fund and South China Bank ETF both falling by 1%.