ETF Today's Closing Review | China-Korea Semiconductor ETF Huatai-PineBridge hits the daily limit, with a year-to-date increase of 118.63%, gold-related ETF drops over 2%

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Daily Economic News Reporter: Ye Feng Daily Economic Editor: Peng Shuiping

The market fluctuated and strengthened throughout the day, with the Shanghai Composite Index surpassing 4200 points, and the ChiNext Index soaring past 3900 points. In terms of sectors, the semiconductor industry chain collectively strengthened, the storage chip concept experienced a collective breakout, and PCB concepts repeatedly became active; on the decline side, gold and gaming concepts collectively adjusted.

In terms of ETF price changes, the China-Korea Semiconductor ETF and Huatai-PineBridge ETF hit the daily limit, with the year-to-date cumulative increase reaching 118.63%.

Some securities firms stated that by 2026, the storage industry will struggle to form large-scale effective supply. This trend continues to extend to upstream semiconductor equipment and packaging and testing sectors, with domestic storage chip design, storage module manufacturers, semiconductor equipment, and packaging and testing companies all expected to benefit.

On the decline side, ETFs related to gold stocks fell more than 2%.

Some analysts believe that, affected by the high international gold prices and significant fluctuations, domestic gold jewelry consumption remains under pressure, with gold jewelry sales continuing to decline. Meanwhile, strong demand for gold investment has made gold bars and coins popular investment categories in the market, with bank sales channels seeing a significant increase in gold bar sales. Additionally, high gold prices have increased the cost of gold for industrial enterprises, leading to a certain decline in demand for gold.

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