ETF Market Close | A-share trading volume rebounds to 2 trillion yuan, semiconductor equipment sector leads gains, with the Sci-Tech Semiconductor ETF surging 5%.

Gelonghui, December 12 | A-share market opened lower but closed higher. By the close, the Shanghai Composite Index rose by 0.41%, the Shenzhen Component Index increased by 0.84%, the ChiNext Index gained 0.97%, and the Beijing Stock 50 Index rose by 0.31%. The total market turnover reached RMB 2.12 trillion, an increase of RMB 233.5 billion compared to the previous day's trading volume. In terms of sector performance, grid equipment, precious metals, and semiconductor equipment sectors were active, while retail and Hainan-related sectors saw adjustments. In the ETF market, the semiconductor equipment sector experienced a broad-based rally: China AMC’s STAR Semiconductor ETF, Huatai-PineBridge Fund’s STAR Semiconductor Equipment ETF, and Penghua Fund’s STAR Semiconductor Equipment ETF rose by 5%, 4.98%, and 4.52%, respectively. The smart grid sector performed strongly, with China AMC’s Grid Equipment ETF and E Fund’s Grid ETF increasing by 3.49% and 3.26%, respectively. Following overnight gains in the Dow Jones Industrial Average, Penghua Fund’s Dow Jones ETF climbed by 2.84%. Hong Kong stocks rebounded after a prolonged downturn, with E Fund’s HK Connect Non-Banking ETF rising by 2.84%. The energy and chemical sector declined, with the Energy Chemical ETF dropping by 1% and the Chemical ETF falling by 0.54%. Overnight, U.S. tech stocks weakened, causing the Nasdaq Tech ETF and Nasdaq Technology ETF to decline by 0.85% and 0.69%, respectively.