Sharp rise! ChinaAMC Star50 ETF (588150), Chinext ETF (159948), Dual Innovation ETF (159780), ChinaAMC Star100 ETF (588900), Chip ETF (588890) and others surged to the 20cm limit.

Geronghui on October 8th | A-shares opened, with the Shanghai Composite Index up 10.13% and the Chinext Price Index up 18.44%. Batch ETFs hit the limit, including ChinaAMC STAR50 ETF Nanfang (588150), Chinext ETF Nanfang (159948), Double Innovation ETF (159780), ChinaAMC STAR100 ETF Nanfang (588900), ChinaAMC Chip ETF Nanfang (588890), and 20 Centimeter up limit. Everbright Securities pointed out that against the background of continuous efforts in domestic policies, the "profit effect" of the A-share market is clearly returning. The rebound space of the current market has been opened up, investors' confidence in the market is gradually recovering, and the policy support at the fund level and the continuous improvement of economic data are providing strong momentum for the market rebound. ETFs have the characteristics of low cost, small errors, high efficiency, risk diversification, and convenience, making them suitable for both novice investors with limited investment experience and mature investors as allocation tools.