ETF Review | A-share three major indexes collectively rise, Hong Kong's innovative pharmaceutical sector strong all day, Hong Kong's innovative pharmaceutical ETF and Hang Seng innovative pharmaceutical ETF rise 3%, Nasdaq Technology ETF rises 3%

According to Gurun 8th August | A-share three major indexes collectively rose. As of the close, the Shanghai Composite Index rose by 0.96% to a new high of 3617.6 points, while the Shenzhen Component Index rose by 0.59%, the ChiNext Index rose by 0.39%, and the Northbound Stock Index rose by 0.25%. The total turnover in Shanghai and Shenzhen markets reached 16158 billion yuan, an increase of 976 billion yuan compared to the previous day. More than 3900 stocks rose on the market. On the plate, concepts related to PEEK materials exploded, high-speed copper connections and consumer electronics performed strongly, while large financial sectors made a comeback in the afternoon; cloud computing and healthcare sectors saw slight declines.

A-share ETFs, Hong Kong's innovative pharmaceutical sector performed strongly throughout the day. Funds such as Guangfa Fund's Hong Kong Innovative Pharmaceutical ETF and Hua'an Baoerui Fund's Hang Seng Innovative Pharmaceutical ETF rose by more than 3%. US equity ETFs were active all day, with funds like Jingrong Changcheng Fund's Nasdaq Technology ETF and Nasdaq ETF Easy-Fund rising by 2.96% and 1.84%, respectively. The financial sector saw gains, with funds like Zhaoshang Fund's Bank AH Select ETF and Yifada Fund's Hong Kong Securities ETF rising by 2.15% and 1.82%, respectively.

The ChinaBond 500 ETF fell by 1.27%. Gold mining stocks ETF fell by 0.84%. The AI hardware sector saw its decline narrow in the afternoon, with the Cloud Computing 50 ETF falling by 0.3%.