etf review | A-shares set a historical record of trading volume, with 20CM ETF hitting the limit up in the afternoon and expanding to 76.

On October 8th, the three major A-share indexes surged on the first day after the holiday. At the close, the Shanghai Composite Index rose by 4.59%, the Shenzhen Component Index rose by 9.17%, the Chinext Price Index rose by 17.25%, and the SZSE SME Price Index rose by 24.71%. The total turnover of the three cities of Shanghai, Shenzhen, and Beijing reached 3.4835 trillion yuan, significantly higher than the previous day's turnover of 872.1 billion yuan. Over 5,000 stocks in the three cities saw gains. In terms of sectors, the semiconductor chip, military industry, photovoltaic battery, consumer electronics, and AI robot sectors led the gains, while the tourism and hotel sectors underperformed. In terms of ETFs, there was a continued surge in limit-up trading in the afternoon, the "20CM" limit-up Double Creation Theme ETF expanded from 22 issues at midday close to 76 by 15:00. Huaxia Fund Chinext Composite Momentum Growth ETF, China Merchants Fund China Merchants Chinext Composite Broader ETF, Baoxin Fund Sci-Tech Innovation New Materials ETF, Rich Fund Dual Creation 50 ETF, China Merchants Fund Dual Creation ETF and other 76 ETFs all hit the "20CM" limit-up. The performance of the innovative drug theme ETF was impressive, with batches of ETFs such as EF Fund Medical 50 ETF, GF Fund Innovative Drugs ETF, and JX Fund Innovative Drug 50 ETF hitting the "10CM" limit-up. Money market funds continued to decline, with currency ETF falling by 7.39%. Hong Kong-listed consumer ETFs experienced a pullback, with Hong Kong ETFs and Hang Seng Consumer ETFs both dropping by 4%. Cross-border ETFs trended lower, with Huaan France CAC40 ETF falling by 3.83%.