ETF Market Close | A-share market surges for 13 consecutive sessions with record-breaking volume, reaching a 10-year high; commercial aerospace stocks rally strongly, with Penghua Satellite ETF and E Fund Satellite ETF both rising by 8%.

Gelonghui, January 6th | The A-share market continued its upward trend today. By the close, the Shanghai Composite Index rose by 1.5%, marking its 13th consecutive positive session, while the Shenzhen Component Index gained 1.4%, the ChiNext Index climbed 0.75%, and the Beijing Stock Exchange 50 Index surged by 1.82%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets reached 2.8322 trillion yuan, an increase of 265 billion yuan compared to the previous day, with over 4,100 stocks across the three markets posting gains. Sector-wise, notable increases were seen in brain-computer interface, chemical engineering, major financials, non-ferrous metals, commercial aerospace, autonomous driving, and semiconductor sectors. In contrast, beauty care, CPO (Co-Packaged Optics), and banking sectors underperformed. In the ETF space, the satellite aerospace sector saw another wave of limit-up surges, with Penghua Fund’s Satellite ETF and E Fund’s Satellite ETF each rising by 8%, while GF Fund’s Satellite ETF and Fuguo Fund’s Satellite ETF increased by 7.7%. China AMC’s CSI 500 Value ETF surged by 7.5% in late trading, with a premium rate of 4.4%. Financial stocks advanced across the board, with E Fund’s Hong Kong Securities ETF and China Asset Management’s FinTech ETF gaining 5.93% and 4.85%, respectively. The non-ferrous metal sector continued its rally, with China Merchants Fund’s Non-Ferrous Mining ETF, Penghua Fund’s Non-Ferrous ETF, and Wanji Fund’s Industrial Non-Ferrous ETF rising by 4.43%, 4.4%, and 4.36%, respectively. Meanwhile, the banking sector declined, with the Bank AH Preferred ETF falling by 1.7%. The S&P Biotech ETF and Nasdaq Biotech ETF dropped by 2% and 1.5%, respectively. The CPO sector corrected, with the Communication ETF declining by 0.35%.