ETF Midday Review | The AI hardware Sector collectively surged, with the GEM E Fund Artificial Intelligence ETF, Southern Cloud 50 ETF, and Communication Equipment ETF rising over 4%.

On July 15th, according to Gelonghui, the three major A-share indexes showed divergence in the early trading session. By the lunch break, the Shanghai Composite Index fell by 0.93%, the Shenzhen Component Index decreased by 0.26%, the GEM Index rose by 0.64%, and the Northern Exchange 50 Index dropped by 1.51%. The half-day trading value of the Shanghai and Shenzhen markets reached 1096.1 billion yuan, an increase of 108.7 billion yuan compared to the previous day. Nearly 4,700 stocks in both markets fell. In terms of sectors, the computing power hardware Concept experienced a collective surge, with strong performances in the CPO and liquid-cooled Server directions, while the photovoltaic, coal, electricity, and real estate Concepts weakened. On the ETF front, the computing power hardware Concept saw a collective surge, with the E Fund Artificial Intelligence ETF on the GEM, the Xinhua Funds Cloud 50 ETF, the Huaxia E Fund Artificial Intelligence ETF, the Guotai E Fund Artificial Intelligence ETF, and the Hua Bao E Fund Artificial Intelligence ETF rising by 4.95%, 4.77%, 4.63%, 4.62%, and 4.37% respectively. Cross-border ETFs were actively traded, with Invesco’s Consumer ETF increasing by 3.74%. The CNI 2000 Index ETF, which saw unusual gains in yesterday's closing session, fell by 4.36%. The real estate sector suffered a comprehensive decline, with the China Southern CSI All Share Real Estate ETF and the Real Estate ETF dropping by 2.6% and 2.29% respectively. The coal sector weakened, with the Coal ETF falling by 2.52%. The photovoltaic sector was in the red, with the Star New energy Fund and the Star New energy ETF decreasing by 2.43% and 2.29% respectively.