Venture(US:VEMLY) Xin Lang Ji Jin·2025-07-09 12:12Market Overview - The Shanghai Composite Index briefly surpassed the psychological level of 3500 points but closed down 0.13% at 3493.05 points, indicating high market sentiment with a trading volume of 1.53 trillion yuan [1] - This marks the third time since September 2022 that the index has crossed the 3500-point threshold, which is significant for market signals [1] Sector Performance - The "drinking and eating" sector saw a resurgence, with the high "alcohol content" food ETF (515710) rising for two consecutive days, while the pharmaceutical ETFs (562050, 520880) also gained around 2% [3] - The banking sector continued its upward trend, with six major banks, including ICBC and Bank of China, reaching historical highs, and the banking ETF (512800) up over 20% year-to-date [3] - The technology sector experienced a general pullback, with mixed performance among AI-related ETFs [3] Pharmaceutical Sector - The pharmaceutical ETF (562050) surged by 1.32%, driven by leading companies like Heng Rui Medicine and Bai Jie Shen Zhou, indicating a strong performance in the innovative drug sector [6][8] - Heng Rui Medicine's stock rose by 7.1% following the approval of two clinical trials, reflecting positive market sentiment towards innovative drugs [8][9] - The pharmaceutical industry is supported by favorable policies and increasing demand due to aging populations and consumption upgrades, suggesting a robust growth outlook [10][11] Food and Beverage Sector - The food ETF (515710) rose by 0.67%, with significant contributions from major liquor brands, indicating a recovery in the sector after previous declines [13][16] - The valuation of the food and beverage sector is near a ten-year low, suggesting potential for future growth as consumer demand is expected to recover [16][17] - Analysts recommend focusing on the food ETF (515710) for exposure to high-end liquor and other food-related stocks [18] AI Sector - The AI application sector saw a notable rise, with leading stocks gaining over 10%, driven by strong demand and advancements in AI technology [20] - The entrepreneurial board AI ETF (159363) successfully rose by 0.28%, reflecting active trading and interest in AI-related investments [20] - Analysts predict that the AI data center market will reach $563 billion by 2028, indicating significant growth potential in the sector [21]