ETF Review | A-share three major indices all hit new highs for the year, and the "20CM" halt of Hun Wu Chi's semiconductor sector sparks a surge in the semiconductor chip ETF, with Fuhua and Huitai funds rising 4% and 3.58%, respectively; rare earth ETFs

　Grandon Summit August 12 | The Shanghai Composite Index rose 0.5%, hitting new highs for the year for a fourth consecutive day; the Shenzhen Component Index rose 0.53%, with the Entrepreneurship Board Index rising 1.24% to hit a nine-month high. The total market turnover was RMB 19052 billion, up 553 billion from the previous day. Over 2000 stocks saw gains in the market. AI hardware continued to gain momentum, and the semiconductor industry chain as a whole surged; Hun Wu Chi's "20CM" halted at its new high of 20%, while stablecoin concepts rallied at the end of the trading day; rare earth, PEEK material, and military informationization concepts collectively retreated.

　In the ETF sector, Hun Wu Chi's "20CM" halt sparked a surge in the semiconductor industry chain, with Fuhua Fund's chip ETF, Huitai Fund's chip ETF, and Huisheng Fund's chip 50 ETF rising 4.37%, 3.71%, and 3.58%, respectively. AI hardware stocks continued to gain momentum, with Huawei Fund's artificial intelligence ETF and Guotai Fund's communication ETF rising 3.54% and 3.33%, respectively.

　The rare earth sector retreated, with rare metal ETFs and rare earth ETFs from easy finance all falling 2%. Hong Kong stocks saw internet stocks retreat, with Hengsheng Internet ETF and Hengsheng Internet Technology ETF both down 1.9% and 1.85%, respectively.