ETF Midday Review | AI Application Sector Surges Across the Board, Fuguo FinTech ETF Rises Over 8%

Gelonghui, January 14th | As of the noon session close, the Shanghai Composite Index rose by 1.2%, the Shenzhen Component Index increased by 1.98%, the ChiNext Index climbed by 2.24%, and the Beijing Stock Exchange 50 Index surged by 2.96%. The market-wide trading volume reached 2.2459 trillion yuan, a decrease of 222.4 billion yuan compared to the previous day's trading volume. In terms of sector performance, medical services, AI applications, and internet finance sectors were active, while the banking sector underwent adjustments. In the ETF market, the internet finance sector led with strong gains, as FTS Fund, FTS Xingye Fund, and FTS Huaxia Fund rose by 8.67%, 7.84%, and 7.75%, respectively. The software sector performed notably well, with Huaan Fund's Software ETF Fund and Huabao Fund's Information Technology Innovation ETF Fund rising by 7.76% and 7.69%, respectively. The Grid ETF retreated from yesterday’s high premium, closing down by 3.35%. Among cross-border ETFs, Dow Jones ETF and Nasdaq Biotech ETF fell by 0.86% and 0.84%, respectively.