ETF Review | A-share Three Major Indices Soar, Coal ETF, Building Materials ETF, and Infrastructure ETF Drop 8.25%, 7.91%, and 6.99%

　Grainnews July 22nd | The three major A-share indices rose collectively today, with the Shanghai Composite Index rising 0.62%, the Shenzhen Component Index rising 0.84%, and the ChiNext Index rising 0.61%. The Northbound Stocks Index rose 0.45%, with a total of 19286 billion yuan in trading volume, an increase of 2015 billion yuan from yesterday. Over 2500 stocks rose today, with over 100 stocks hitting their daily limits for the second consecutive day. Sector-wise, the Water Conservancy and Engineering Machinery, Coal, Steel, Pork, and Baijiu sectors led the gains; while the AI, Gaming, Banking, PCB Concept Stocks, and other sectors saw significant declines.

　In the ETF market, the water conservancy concept triggered a low-price upsurge in the upstream sector. The Coal ETF of Nationale-Nederlanden Fund rose 8.25%, with a latest surplus rate of 8.25%. The Building Materials ETF of E-Fund and Richland Fund rose 7.91% and 6.88%, respectively, with a latest surplus rate of 4.46% and 3.66%. The Infrastructure ETF of Silver Hut Fund and Nationale-Nederlanden Fund rose 6.99% and 6.44%, respectively, with a latest surplus rate of 3.38% and 3.08%.

　International oil prices slightly fell, causing the two S&P Oil & Gas ETFs to drop 2.18% and 1.98%. The Banking sector saw a correction, with the Banking ETF dropping 1.48%. The Gaming sector continued its decline, with the Gaming ETF of Hua An Fund and Huatai Fund dropping 1.43% and 1.4%, respectively. The AI algorithm sector fell, with the Cloud50 ETF dropping 1.41%.