量价齐升，医疗器械指数ETF（159898）早盘再涨0.7%！机构：板块下半年或迎业绩拐点

Core Viewpoint - The medical device sector is experiencing a strong performance, with significant inflows into the medical device index ETF, indicating growing investor interest and optimism in the industry [1][2]. Market Performance - On August 11, all three major stock indices rose, with a notable performance in the growth style, particularly in the medical device sector [1]. - The medical device index ETF (159898) saw a real-time increase of 0.69% and a trading volume of nearly 20 million yuan, with a net subscription of 19 million shares during the day [1][4]. Investment Trends - The medical device index has become the most attractive pharmaceutical theme index in the A-share market over the past week, with several stocks, including SINO Medical and Nanwei Medical, experiencing significant price increases [2]. - According to CITIC Securities, the growth logic of the medical device industry is shifting from domestic substitution and penetration to internationalization and technological innovation, leading to a revaluation of the sector [2]. Company Developments - The top ten constituent stocks of the medical device index ETF include leading companies such as Mindray Medical, United Imaging, and Yuyue Medical, which represent the performance of the A-share medical device sector [3]. - The report highlights that many medical device companies are seeing high growth in their international business, which is expected to surpass domestic business in the future [2]. Future Outlook - The medical device sector is anticipated to witness a performance turning point in the second half of the year, driven by improved procurement policies, better bidding data, and decreasing channel inventory [2].