Midday Review of ETFs | Shanghai Stock Exchange Indexes Fall, Hong Kong Consumer ETF Rises Over 4%, Solar Panel Sector Bounces Back

　　Glorious August 1st｜The Shanghai Composite Index fell by 0.19%, the Shenzhen Component Index fell by 0.15%, and the ChiNext Index fell by 0.16%. The top-gainer was the Northbound Stock Index, which rose by 0.11%. Trading volume reached 10081 billion yuan, a decrease of 1497 billion yuan compared to the previous day. Over 2100 stocks on both exchanges declined in price. In terms of themes, the Chinese medicine and solar panel sectors performed well, while the military-industrial complex and film industries were adjusted.

　　In the ETF market, the Hong Kong Consumer ETF issued by the Guangfa Fund fell sharply at the end of trading yesterday and rose by 4.59% today. The solar panel sector rebounded strongly, with the leading solar panel ETFs from the Guangfa Fund, Hua'an Fund, and Guotai Fund rising by 2.32%, 2.11%, and 1.94%, respectively. The Chinese medicine sector also performed well, with the silver-wheat fund's Chinese medicine ETF and the Hui'an Fund's Chinese medicine ETF rising by 2.16% and 2.07%, respectively.

　　The price of crude oil fell overnight, causing the oil and gas resources ETF to fall by 3.77%. The Korean stock market also declined, with the chip ETF falling by 2.55%. The AI sector reversed its previous gains, with the 5G communication ETF and the 5G ETF both falling by 2% and 1.74%, respectively. Cross-border ETFs across the board fell, with the US50ETF, France CAC40ETF, and Germany ETF all falling by 1.83%, 1.8%, and 1.76%, respectively.