ETF Review | The gold price experienced a significant pullback, with the Golden Industrial Concept ETF and GF Shanghai Gold ETF dropping by 7% and 6% respectively.

Gelonghui, April 23 | The three major A-share indexes showed mixed results today. By the close, the Shanghai Index fell by 0.1%, the Shenzhen Component Index rose by 0.67%, the Chinext Price Index increased by 1.07%, and the Beizheng 50 Index rose by 0.48%. The total turnover in the All Market was 1262.5 billion yuan, an increase of 141.3 billion yuan compared to yesterday. Over 3100 individual Stocks in the All Market rose. In terms of sectors, the Robot, Auto Complete Vehicle, Auto Parts, Low-altitude Economy, and Consumer Electronics sectors saw significant gains, while the Gold, Food Processing, Retail, Logistics, and Breeding sectors experienced the largest declines. On the ETF front, Hong Kong stocks saw an overall rise, with HFT Investment Fund's Hong Kong Stock Connect Technology ETF and Invesco Great Wall Fund's Hong Kong Technology 50 ETF rising by 6.07% and 4.55% respectively. The humanoid robot sector experienced a full explosion, with YiFangDa Robot ETF and Invesco Great Wall Fund's SZSE Robot 50 Index rising by 4.55% and 4.51%. The Hong Kong consumption sector performed actively, with Penghua Fund's Hong Kong Consumer ETF rising by 4.26%. Gold prices saw a sharp correction, with Gold Stocks ETF, GF Shanghai Gold ETF, and Golden Industrial Concept ETF falling by 7.09%, 6.76%, and 6.63% respectively. The Sci-Tech Healthcare sector declined, along with the Sci-Tech Healthcare Index ETF. The Sci-Tech Healthcare ETF fell by 2.75% and 2.7% respectively. The grain sector also dipped, with Grain 50 ETF and Grain ETF dropping by 2.25% and 2.23% respectively.