ETF Review | A-shares experienced a rise followed by a decline, with the chemical sector leading the gains, and the chemical industry ETF rising nearly 2%.

Gelonghui, August 21 | The three major indices of the A-shares exhibited mixed performance by the close of trading. The Shanghai Composite Index rose by 0.13% after a brief spike, while the Shenzhen Component Index fell by 0.06%, and the ChiNext Index declined by 0.47%. The Beijing Stock Exchange 50 Index decreased by 1.60%. The total trading volume across the Shanghai, Shenzhen, and Beijing markets was 24,603 billion yuan, an increase of 11.9 billion yuan compared to the previous day. Over 2,100 stocks in the entire market recorded gains. Stablecoins and consumer electronics concepts maintained their strength, while defensive sectors such as banking and oil showed signs of recovery. Deepseek concept stocks surged in the closing hours; however, AI hardware stocks faced a widespread downturn, with liquid cooling, CPO, and PCB concepts leading the decline, and popular themes such as robotics and lithography machines also adjusted. In terms of ETFs, the chemical sector led the gains, with E Fund's Chemical Industry ETF, Huaxia Fund's Petrochemical ETF, and Guotai Fund's Leading Chemical ETF rising by 1.99%, 1.74%, and 1.68%, respectively. The China Securities A50 Index performed notably well, with Xinhua and CMB's A50 ETFs increasing by 1.83% and 1.69%, respectively. Pork stocks were active, with Huaxia Fund's Agricultural ETF and Yinhua Fund's Agricultural 50 ETF rising by 1.78% and 1.69%, respectively. The STAR 100 Index accelerated its decline in the afternoon, with E Fund's STAR 100 Enhanced ETF and STAR 100 Index ETF falling by 2.12% and 1.78%, respectively. The battery sector experienced a drop, with the STAR New Energy ETF and Energy Storage Battery ETF decreasing by 2.08% and 2.02%, respectively. The rare earth sector underwent a correction, with E Fund's Rare Earth ETF, Harvest's Rare Earth ETF, and the Rare Earth ETF all falling by 1.9%.