ETF Review | The lithium battery industry chain saw a full-scale surge, with the New Energy Vehicles ETF and New Energy Cars ETF rising by 3.6%.

Gelonghui, August 11 | The three major A-share indices all closed higher. At the close, the Shanghai Composite Index rose by 0.34%, the Shenzhen Component Index increased by 1.46%, and the ChiNext Index gained 1.96%. The BSE 50 Index climbed 1.18%. The half-day trading volume of the Shanghai, Shenzhen, and Beijing markets was RMB 184.99 billion, an increase of RMB 11.36 billion from the previous day. Over 4,100 stocks across the market advanced. In the ETF sector, the lithium battery industry chain saw a strong performance, with the ChinaAMC New Energy Vehicle ETF, Huitianfu Fund New Energy Vehicle ETF, and Bosera Fund New Energy Vehicle ETF rising 3.68%, 3.67%, and 3.67% respectively. The GF Rare Metals ETF and ICBC Credit Suisse Rare Metals ETF Fund also surged 3.61% and 3.19% respectively. The lithium battery sector followed suit, with the GF Battery ETF and Huitianfu Fund Battery 50 ETF increasing 3.19% and 3.11% respectively. Gold prices retreated, causing the Gold Stock ETF, Gold Stock ETF, and Gold Shares ETF to fall 2.76%, 2.67%, and 2.67% respectively. Bank stocks pulled back, with the Bank ETF and Bank ETF Index declining 0.92% and 0.9% respectively.