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etf midday review | Cross-border etfs are up, with the S&P biotechnology etf rising over 2%.
On December 9, Gelonghui reported that the three major indices of A-shares collectively adjusted in the morning session. By noon, the Shanghai Composite Index dropped by 0.40%, the Shenzhen Component Index fell by 0.94%, the chinext price index declined by 1.40%, and the North Exchange 50 index decreased by 3.05%. The total market turnover for half a day was 1107.1 billion yuan, a decrease of 59.8 billion yuan compared to the previous day. More than 3,800 stocks in the all market fell. In terms of sectors, PEEK materials, humanoid robots, CRO concepts, and the chemical sector had the largest gains; meanwhile, the real estate, movie theater line, and semiconductors sectors experienced the largest declines. Regarding ETFs, cross-border ETFs strengthened, with the Harvest Fund S&P Biotech ETF and Huasan Fund France.
US stocks closed | The three major indices rose together, the Dow and S&P continued to hit historical highs; most large technology stocks rose, nvidia rose more than 2%, Tesla soared more than 38% in the month, the best performance in nearly two years
US stocks posted weekly gains of over 1%, with the Dow rising by 7.5% in November and the S&P up 5.7%, both achieving the best performance of the year. The Nasdaq accumulated an increase of over 6%, small-cap indices rose by nearly 11%, the chip index rose by 1.5% on Friday but declined monthly, and Tesla saw a monthly increase of over 38%, its best performance in nearly two years.
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AbbVie, AstraZeneca, Eli Lilly and Co, Intuitive Surgical, Novartis AG, and other pharmaceutical giants, as well as the robotic surgery giant Intuitive Surgical, have all reached record highs this year, with growth ranging from 18% to 64%, and even surpassing other technology giants except Nvidia.
Hong Kong stocks have entered the earnings season, and the e fund csi technology 50 etf (159747), China Southern HSCEI ETF (159954), and Hang Seng Biotech ETF (159615) rose 2%.
On August 16th, Hong Kong stocks rose sharply, with all three major indices up more than 2%. The 'JD.com' group collectively increased with JD Logistics up over 20%, JD Group up over 9%, and JD Health up over 6%. Yesterday, JD Group disclosed its second-quarter results, with net income significantly exceeding expectations. In addition, Alibaba and Meituan were up over 5% in intraday trading. As of 14:20, the Hong Kong Technology ETF (159747), H-share ETF (159954), and the Hang Seng Bio-technology ETF (159615) rose more than 2%; the Hang Seng Index ETF (513600) rose 1.73%. Ping An Securities believes that Hong Kong stocks will enter a new stage this week.