ETF Review | A-share three major indices up and down, cyclic stocks surge in the afternoon, oil and gas resources ETF surges 3.35%, chemical industry ETF rises 2%, fintech ETF falls 3.3%
Glorious Times July 30th | The A-share three major indices are up and down, with the close being Shanghai Composite Index rising 0.17%, Shenzhen Component Index falling 0.77%, Small Cap Index falling 1.62%, North ChiNext Index falling 1.75%. The combined turnover of Shanghai, Shenzhen, and Hong Kong is 18710 billion yuan, a increase of 417 billion yuan compared to the previous day. Over 3500 stocks in both markets fell. Sector-wise, the three-child, film, and television sectors performed well, while electric vehicles, digital currencies, and multi-finance sectors adjusted.
In the ETF sector, cyclic stocks surged in the afternoon, with Silver Hawk Fund Oil and Gas Resources ETF and Penghua Fund Oil and Gas ETF rising 3.25% and 1.56%, respectively, with the former's return rate being 2.07%. The chemical industry sector performed well, with Hua'an Fund Chemical Industry ETF and E-Fund Chemical Industry ETF rising 2.07% and 1.66%, respectively. The film and television sector bucked the trend and rose, with Country Garden Fund Film and Television ETF and Silver Hawk Fund Film and Television ETF rising 1.64% and 1.4%, respectively. Steel stocks surged in the afternoon, with Country Garden Fund Steel ETF rising 1.53%.
The Hong Kong stock market's automobile sector performed poorly throughout the day, with Hong Kong Automobile ETF, Hong Kong Automobile ETF Fund, and Hong Kong Automobile ETF falling 3.86%, 3.85%, and 3.73%, respectively. The innovative pharmaceuticals sector turned red in the afternoon, with Hong Kong Innovative Pharmaceuticals ETF and Hong Kong Innovative Pharmaceuticals ETF Fund falling 3.45% and 3.11%, respectively. The stablecoin concept fell sharply in the afternoon, with fintech ETF falling 3.3%.