ETF Review | The photovoltaic sector sets off a surge limit wave, with the sci-tech new energy ETF soaring by 10.18%, the photovoltaic 50 ETF and photovoltaic ETF rising by over 9%.
Gelonghui on October 25th: The three major A-share indexes collectively closed higher today. As of the close, the Shanghai Composite Index rose by 0.59%, the Shenzhen Component Index rose by 1.71%, and the Chinext Price Index rose by 2.93%. The CSI 50 Index hit a high and then fell back, closing up by 0.08%. The total turnover of Shanghai, Shenzhen, and Beijing markets reached 1,830.8 billion yuan, an increase of 267.3 billion yuan from the previous day. Over 4,300 individual stocks in the entire market posted gains. In terms of sectors, the photovoltaic equipment, solid state battery, PET copper foil, and other new energy-related sectors led the gains, while the insurance and precious metals sectors were in the red. As for ETFs, the photovoltaic sector saw a surge in price limits, and Penghua Fund's Technology Innovation Energy ETF soared by 10.18%.
How much of an impact does the continuous decline in meal prices have on the USDA monthly report?
Market views suggest that in Brazil, effective rainfall and pressure from soybean harvesting will lead to a decline in soybean prices, and with the USDA monthly report released, the overall impact is as follows, please read the full article for more details.
Over 350 billion yuan of funds inflow into the ETF market, with private equity tycoons and futures tycoons buying these ETFs.
Today, the three major stock indices in A-shares opened lower after a gap down and then fluctuated lower. By the close, the Shanghai Composite Index fell by 1.06% to 2765 points, hitting a new low since February 6. Amidst the market's volatile adjustment, incremental funds continue to enter the A-share market through ETFs. Since July, over 350 billion yuan of funds have entered the market through ETFs, mainly flowing into four Shanghai and Shenzhen 300 ETFs. As of September 6, the net inflow of funds for Huatai Bairui CSI 300 ETF, China AMC CSI 300 ETF, Huaxia CSI 300 ETF, and Jingshi CSI 300 ETF since July was 88.232 billion yuan, 65.95 billion yuan, 36 billion yuan respectively.
ETF Review | A-share trading volume hit a new low since December 2019, while cross-border ETFs maintained strong performance throughout the day.
On August 13th, A-share three major indexes fluctuated all day and rose in the end. As of the close, the Shanghai Composite Index rose 0.34%, the Shenzhen Component Index rose 0.43%, and the ChiNext Price Index rose 0.93%. The transaction volume of the Shanghai and Shenzhen stock markets was 477.3 billion yuan, a decrease of 18.6 billion yuan from the previous day, and the transaction volume hit a new low since December 24, 2019. More than 3,700 stocks in the two cities rose. On the sector level, oil and gas and infrastructure concept stocks had the highest increase, while photovoltaic and lithium battery sectors rose sharply in the afternoon, eco-friendly concept stocks fluctuated and rebounded, and the COVID-19 drug and baijiu sectors continued to weaken. In terms of ETF, cross-border ETFs were strong throughout the day, and Invesco Great Wall NASDAQ Technology ETF and E Fund CSI Technology 50 ETF had the highest increase.
ETF noon review | Japanese stocks rebounded strongly by 2%, several cross-border ETFs topped the list of top gainers, including Nasdaq technology ETF, China Southern Peak Topix ETF(QDII), and ChinaAMC Nomura N225 ETF(QDII) with gains of over 1%.
On August 13th, Gelunhui A-shares three major indices fluctuated narrowly. As of noon, the Shanghai Composite Index fell 0.07%, the Shenzhen Component Index fell 0.27%, and the Chinext Price Index fell 0.07%. The trading volume of Shanghai and Shenzhen stock markets was 288.8 billion yuan in the morning, which was 30.2 billion yuan less than the previous day. Over 2500 stocks rose in the two markets. In terms of plate, oil and gas, consumer electronics, and major infrastructure concept stocks have the highest gains. The environmental protection concept fluctuates and rebounds, the COVID-19 drug sector has a pullback, and baijiu and vitamins continue to weaken. As for ETFs, several cross-border ETFs dominated the top gainers list, and the overnight Nasdaq barely closed up 0.2%. Invesco Great Wall Nasdaq 100 ETF, E Fund CSI Technology 50 ETF, and the US 50 ETF from E Fund Management Co., Ltd. performed well.
Last week, the net purchase of stock ETFs was 11.328 billion yuan, with a net inflow of more than 4.5 billion yuan into the CSI 300 index ETF.
Among the broad-based ETFs, net purchases of the 300etf in the previous week were the highest at 4.568 billion yuan.