ETF Market Wrap | AI Hardware + Applications Remain Strong Throughout the Day, Cloud 50 ETF Rises 4%

Gelonghui, September 25 – The three major indices of China's A-share market closed mixed today. By the close, the Shanghai Composite Index dropped by 0.01%, the Shenzhen Component Index rose by 0.67%, and the ChiNext Index gained 1.58%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets amounted to RMB 2.3918 trillion, an increase of RMB 44.6 billion compared to the previous day. Over 3,800 stocks across the market declined. In terms of sector performance, AI-related stocks rebounded, with CPO, liquid cooling, and intelligent agent concepts leading gains. Sectors such as gaming, controlled nuclear fusion, copper metal, and cinema chains also performed strongly. However, most segments of the semiconductor industry chain retreated, while gold, oil and gas, and real estate sectors remained broadly weak. On the ETF front, the cloud computing sector outperformed throughout the session, with the Xinhua Fund Cloud 50 ETF, Huabao Fund Big Data Industry ETF, and China Merchants Fund Cloud Computing ETF rising by 4.02%, 3.6%, and 3.6%, respectively. The information technology innovation (Xinchuang) sector advanced, with the Huabao Fund Xinchuang ETF and Huitianfu Fund Xinchuang 50 ETF gaining 3.47% and 3.2%, respectively. Meanwhile, Hong Kong stock dividend strategy ETFs declined, with the Bosera Hong Kong Stock Dividend ETF and the CSI Hong Kong Connect Dividend Low Volatility ETF falling by 1.77% and 1.64%, respectively. The semiconductor equipment sector saw a pullback, with the Semiconductor Equipment ETF dropping by 1.42%.