ETF Midday Review | A-shares once surpassed 4100 points, rare earth sector and aerospace industry led the gains, E Fund Rare Earth ETF and Tianhong Aerospace ETF up 3%

Glonghui January 9th｜The three major A-share indices collectively rose in the morning session. By midday, the Shanghai Composite Index was up 0.3%, briefly surpassing the 4,100-point mark during trading. The Shenzhen Component Index rose 0.57%, the ChiNext Index increased by 0.1%, and the Beijing Stock Exchange 50 Index climbed 0.55%. The combined half-day trading volume of the Shanghai, Shenzhen, and Beijing markets reached 2.0819 trillion CNY, an increase of 300.4 billion CNY compared to the previous day. Over 2,300 stocks across the market registered gains. In terms of sector themes, AI application, military equipment, commercial aerospace, smart healthcare, oil and gas exploration and services, computing power leasing, retail, minor metals, cross-border payments, and controllable nuclear fusion sectors led the gains. Banking, glyphosate, airport and aviation, brain-computer interface, cement, and agriculture sectors underperformed. Regarding ETFs, the rare earth sector surged, with Rare Earth ETF E Fund and Rare Earth ETF Harvest rising by 3.57% and 3.54% respectively. The commercial aerospace sector continued to soar, with Tianhong Aerospace ETF and Penghua Satellite ETF up by 3.54% and 3.43% respectively. The AI application sector also stood out, with GF Fund Media ETF rising 3.39%. The semiconductor sector saw a pullback, as STAR Semiconductor ETF, Semiconductor Materials ETF, and Penghua STAR Semiconductor ETF fell by 1.83%, 1.79%, and 1.77% respectively. Overnight, US tech stocks declined, with Nasdaq Biotechnology ETF and S&P Biotechnology ETF dropping by 1%.