ETF市场周报 | 市场情绪仍保持活跃，两融规模创历史新高，芯片相关ETF王者归来

Market Overview - A-share market indices experienced fluctuations, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 1.52%, 2.64%, and 2.11% respectively [1] - The two cities' margin trading scale has increased for eleven consecutive weeks, reaching a historical high, although overall market activity has slightly decreased [1] - ETFs in the market saw an average increase of 4.99%, with stock ETFs performing strongly at 5.57% [1] ETF Performance - Chip-related ETFs surged, with the top performers being the China-Korea Semiconductor ETF and the Sci-Tech Chip Design ETF, both exceeding 10% growth [2] - Oracle's stock rose nearly 36%, and TSMC's revenue increased by 34% year-on-year, indicating strong demand for chips [2] - The innovation drug sector faced a pullback due to geopolitical tensions and a lack of new catalysts, despite a positive long-term outlook [4] Fund Trends - The ETF market continued to show active trading, with a net inflow of 50.96 billion yuan, indicating sustained investor confidence [5] - Growth-oriented ETFs attracted significant inflows, particularly in sectors like securities and new energy [8] - Bond ETFs dropped out of the top ten as funds shifted towards growth sectors [8] Upcoming ETF Listings - Five new ETFs are set to launch, including those tracking the ChiNext Composite Index and the Satellite Industry Index, reflecting a focus on high-growth sectors [10][11] - The ChiNext Composite Index has shown strong revenue and profit growth, supporting its upward trend [10] Industry Insights - The digital chip industry is experiencing a structural recovery driven by demand from cloud computing and AI applications, alongside a moderate recovery in traditional consumer electronics [12] - The innovation drug sector is entering a new cycle driven by profitability, with significant growth expected from overseas collaborations and market expansions [4][11]