Last week, the market fluctuated downwards, with all three major indices falling more than 2 per cent. ETF market, electricity, coal, animal husbandry and photovoltaic and other themes such as ETF growth.
Electric power theme ETF leads the rise
According to data Bao of the Securities Times, the net worth of 10 ETF reinstatement units increased by more than 2% last week, all of which were electric themes. Cathay Pacific China Securities Coal ETF ranked 11th, up 1.Bestcasinofreespins.98% Bing 4 livestock breeding theme ETF increased by 1% to 1%Bestcasinofreespins.5%.
Recently, there have been frequent policy benefits in the power sector. On May 24, the website of the Shanghai Municipal Development and Reform Commission published the implementation opinions of Shanghai on promoting green power consumption and speeding up the low-carbon transformation of energy, according to which, by 2025, the transaction scale of green power will reach more than 5 billion kilowatt-hours. On May 14, the National Development and Reform Commission issued the basic rules for the Operation of the electricity Market, making it clear that it is necessary to promote more market-oriented trading of electricity, capacity and auxiliary services. among them, new operators such as energy storage enterprises, virtual power plants and load aggregators are added to the market members.
Debang Securities said that the reform of the power system is expected to be further deepened. The new power system will be driven by digital information technology. With the continuous improvement of auxiliary service market, spot market, capacity market and other markets, the construction of the system will continue to accelerate. Power operators and power IT are expected to benefit first.
The aquaculture sector continued to rise, with the Shenwan aquaculture index rising 2.68% a week. Everbright Securities believes that the current pig prices have entered the upstream channel, upstream production capacity continues to shrink, average weight, frozen goods inventory and other price suppression factors have been released, pig prices are expected to rise in May-June with a considerable slope. With the impact of producer behavior on digestion and the realization of capacity gaps, the upward trend of the cycle will be clearer, and there will be considerable cycles in the future.BestcasinofreespinsThe height and duration of the boom.
In this context, animal husbandry ETF was sought after by funds last week. During this period, the net capital inflows of China Merchants China Securities Animal Husbandry ETF and Penghua China Securities Animal Husbandry ETF were 24.2767 million yuan and 32.2058 million yuan respectively; at the same time, soybean meal, as one of the raw materials of pig feed, was also favored. Huaxia feed soybean meal futures ETF rose 1.5%, with a net capital inflow of 190 million yuan.
Hong Kong stocks create new drug and technology themes
ETF callback
Last week, the net value of 63 ETF reinstatement units fell by more than 5%, and the themes of Hong Kong stocks such as innovative drugs, biotechnology and science and technology were greatly frustrated. The net value of funds such as Guangfa China Securities Hong Kong Innovation Drug ETF, Huitian Fuguo Securities Hong Kong Stock Innovation New Drug ETF, Yinhua International Securities Hong Kong Stock Tongchuang New Drug ETF led the decline, with more than 9%. Fuguo Hang Seng Hong Kong Stock Exchange Healthcare ETF, Penghua China Stock Exchange Hong Kong Stock Exchange Medicine and Health Comprehensive ETF and other medical and biological theme ETF all fell by more than 8%.
On May 24, the share price of Kangfang Biological, the leading innovative drug stock in Hong Kong, plummeted, falling nearly 45% at one point to close down 22.89%. In terms of news, Kangfang's second-line biological anticancer drug AK112 (Ivacizumab) in the third phase of clinical data is not as expected rumors widely spread in the market. The company said that the third phase of the trial is still in progress and hopes that the market will be patient and wait for the trial to be completed.
The hang Seng technology index fell 7.61% last week. The net values of Hua an Hang Seng Technology ETF, Yi Fang Da Hang Seng Technology ETF and Bosch Hang Seng Technology ETF all fell 7.63%. Debang Securities recommends that we continue to pay attention to the quality assets related to Hang Seng Technology and artificial Intelligence.
The share of 8 ETF has greatly increased.
From the perspective of fund share changes, excluding the newly established funds, the 8 ETF increased by more than 500 million last week. Among them, Yi Fangda Shanghai and Shenzhen 300 medical and health ETF, Penghua Shanghai and Shenzhen 300ETF, Huaxia Shanghai Stock Exchange 50ETF share increased in the first place, respectively.BestcasinofreespinsThere were 1.267 billion, 1.186 billion and 943 million copies. From a financial point of view, Huaxia Shanghai 50ETF and Penghua Shanghai and Shenzhen 300ETF were the two ETF with the highest net capital inflows last week, with 2.383 billion yuan and 864 million yuan respectively.
Sub-theme point of view, medical and health, photovoltaic, semiconductors, animation games and other theme fund share increment in the forefront. But only the photovoltaic theme ETF rose, with Huatai Berry's photovoltaic industry ETF and Tianhong's photovoltaic industry ETF up 1.09% and 1.08% respectively. The share of 3 A50 themed ETF increased significantly, with Dacheng CSC A50ETF, Yi Fangda CSC A50ETF and Huatai Bai Rui CSC A50ETF increased by 387 million, 284 million and 276 million respectively.