ETF Midday Review | A-Share Market Opens High but Closes Low, Real Estate Sector Retreats, Real Estate ETF Fund Drops 2.7%

Gelonghui December 11 | As of the midday close, the SSE Composite Index fell by 0.46%, the SZSE Component Index dropped by 0.18%, and the ChiNext Index rose by 0.3%. The Beijing Stock 50 Index declined by 0.09%. The total market turnover reached CNY 1.16 trillion, an increase of CNY 19.5 billion compared to the previous day's turnover. In terms of sector performance, wind power equipment and commercial spaceflight sectors were active, with new shares, superconductivity, nuclear fusion, ultra-high voltage, wind power, and CRO concept stocks strengthening. Meanwhile, the cross-strait integration, first-day economy, duty-free shops, AI application, and real estate sectors underwent adjustments. Regarding ETFs, the satellite internet sector led gains again, with the E Fund Satellite ETF, Fullgoal Satellite ETF, and GF Satellite ETF rising by 1.2%. The wind power sector performed actively, with the SW Securities Leader New Energy ETF and China AMC New Energy ETF increasing by 0.89% and 0.88%, respectively. The real estate sector saw a pullback, with the Real Estate ETF Fund and Real Estate ETF falling by 2.7% and 2.6%, respectively. The AI application sector also experienced a pullback, with the STAR AI ETF and Huabao STAR Artificial Intelligence ETF both declining by 1.5%.