The stock hits the daily limit straight to the close, with a significant premium! Trading will be suspended for one hour tomorrow.

2026-03-26 06:52:58

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On March 17, the A-shares experienced volatility and adjustment, with the ChiNext Index falling over 2%. However, the Boshi Tail ETF of the ChiNext Composite surged to the daily limit, with a 20.03% increase, making it the biggest gainer among ETFs that day. Financial-related ETFs led the gains, with E Fund’s Securities & Insurance ETF and Guolian An’s Securities ETF rising over 1.5%. Several communication and artificial intelligence-related ETFs fell more than 4%.

Today, eight ETFs traded over 10 billion yuan, including the Hong Kong Securities ETF by E Fund, the A500 ETF, and multiple bond ETFs.

In the previous trading day, many broad-based ETFs saw large capital inflows. Among industry ETFs, new energy and gold-related ETFs attracted significant funds.

ChiNext Composite ETF Boshi Tail Hits Daily Limit

On March 17, the A-shares experienced volatility and adjustment, with the ChiNext Index dropping over 2%. Notably, the Boshi Tail ETF of the ChiNext Composite surged sharply at the close, with a 20.03% increase, making it the largest gainer among ETFs that day. The ETF’s premium rate reached 22.87%, ranking second in the market, just behind the Korea-China Semiconductor ETF’s premium of 24.03%.

On the evening of March 17, Boshi Fund issued a notice stating that recently, the trading price of the ChiNext Composite ETF Boshi in the secondary market has shown a significant premium, deviating markedly from the fund’s net asset value. Investors are warned to pay attention to the risk of trading price premiums in the secondary market. Blind investment could lead to substantial losses. To protect investors’ interests, the fund will suspend trading from market open on March 18 until 10:30 a.m. on the same day, and will resume trading at 10:30 a.m. on March 18.

Today, financial-related ETFs led the gains, with E Fund’s Securities & Insurance ETF and Guolian An’s Securities ETF rising over 1.5%. Additionally, several cross-border ETFs related to Hong Kong stocks, such as Huaxia and Hang Seng Consumer ETFs, saw notable increases.

Gfund Fund Index Investment Department Fund Manager Liu Jie believes that the new consumer sector in Hong Kong stocks is gradually forming an effective supplement to the A-share market, and its investment value warrants attention. Structurally, the Hong Kong Stock Connect consumer index covers more balanced sub-sectors, with non-essential consumer stocks accounting for 68.6%. The Hong Kong consumer sector more precisely responds to the rising demand for personalized and experiential consumption among young people, capturing the “pulse of the times” of consumption upgrading.

Shenzhen Value ETF China Merchants Bank fell 9.75%, the largest decline among ETFs today. Along with the tech sector’s correction, several communication and AI-related ETFs fell over 4%, leading declines.

8 ETFs with over 10 billion yuan in trading volume

Today, eight ETFs traded over 10 billion yuan, including the Hong Kong Securities ETF by E Fund, the A500 ETF, and multiple bond ETFs. Among them, the Hai Fu Tong Short-term Bond ETF traded 47.586 billion yuan, making it the largest ETF in trading volume today. Yesterday, its trading volume was 54.884 billion yuan, and it has consecutively traded over 40 billion yuan for two days this week.

Capital inflows into broad-based ETFs

In the previous trading day, several broad-based ETFs experienced large capital inflows, with net inflows exceeding 5 billion yuan for the SSE 50 ETF, CSI 500 ETF, CSI 500 ETF Jiasheng, and CSI 300 ETF Huatai Bairui.

Additionally, free cash flow ETFs, low-volatility dividend ETFs by Huatai Bairui, and industry ETFs related to new energy and gold attracted significant funds.

ETF Market Analysis

Focus on structural trends

招商基金 (China Merchants Fund) states that looking ahead, geopolitical uncertainties remain high, likely suppressing market risk appetite, with the index expected to fluctuate mainly sideways. Key areas to watch include strategic resource commodities benefiting from price increase expectations, and equipment and materials benefiting from AI and other technological trends amid tight supply-demand patterns.

Minsheng Jia Yin Fund believes that in March, the index’s growth space may be limited, with possible narrow fluctuations or a focus on structural trends. The expansion of pro-cyclical price increases and AI hardware diffusion may still be key investment directions. It recommends paying attention to traditional infrastructure and service industry policies in March.

ETF Trends

Several cross-border ETFs warn of risks

On March 17, multiple cross-border ETFs showed premiums. Fund companies such as Wanguo Fund, Hua’an Fund, and E Fund issued risk warning notices, highlighting the premium risks of their S&P oil & gas ETFs, German ETFs, and Brazil ETFs, among others.

GLDX-2.63%

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