The A-share market bottomed out in early trading and rebounded. As of midday trading, the Shanghai Index was down 0.42%, the Shenzhen Index was up 0.13%, and the GEM Index was up 0.1%. The half-day turnover of the Shanghai and Shenzhen markets was 389.7 billion yuan, down 16.6 billion from the previous trading day. In terms of sectors, sectors such as photovoltaic equipment, online car-hailing, wind power equipment, and commercial aerospace registered the highest gains, while sectors such as banking, high-speed copper cable connections, gold, and coal registered the highest declines.
In terms of ETFs, the PV sector collectively attacked, with the Guangfa Fund PV 30 ETF and SPDB AXA Fund's leading PV ETF rising 3.87% and 3.65% respectively. The fintech sector is active, with Bosch Fund's Fintech ETF and Fintech ETF Huaxia rising by 2.76% and 2.71% respectively. The new energy sector boosted, with Harvest Fund's New Energy ETF and Shenwan Lingxin Fund's New Energy Leading ETF up 2.48% and 2.43% respectively. The gaming sector rose, with Cathay Pacific Fund Gaming ETF and Huaxia Fund Gaming ETF up 2.40% and 2.38% respectively.
The precious metals sector had the highest decline, with gold industry ETFs and gold stock ETFs falling 4.76% and 4.65% respectively. US stocks fell overnight, with NASDAQ Technology ETF and S&P 500 ETF falling 4.34% and 3.38% respectively. Hong Kong stock dividend stocks weakened. Hong Kong Stock Central Enterprise Dividend 50 ETF and Hong Kong Stock Dividend ETF fell 2.47% and 2.45% respectively. The semiconductor sector adjusted, and the China-Korea semiconductor ETF fell 2.36%.