Market Overview - The financial technology sector experienced a significant decline, with the China Securities Financial Technology Theme Index dropping over 3% on September 23, 2023, while most constituent stocks fell, except for Donghua Software, which rose by 7% [1] - The financial technology ETF (159851) saw a decline of 3.3% but managed to maintain its 60-day moving average, with a trading volume exceeding 1.4 billion yuan and a net subscription of over 500 million units on that day [1][2] Reasons for Decline - The sudden drop in the financial technology sector may be attributed to three main factors: 1. The content of a related press conference on September 22 did not meet expectations 2. Stricter regulations on stablecoins, with global regulatory bodies increasing scrutiny, including the U.S. "GENIUS Act" establishing a regulatory framework for stablecoins [1] 3. Tightening regulations on cross-border internet brokerages [1] Performance Analysis - The financial technology index has shown a cumulative increase of 135% over the past year, significantly outperforming major indices such as the CSI 300, CSI 500, and CSI 1000 [3][4] - The financial technology ETF passively tracks the China Securities Financial Technology Theme Index, which has had annual returns of 10.46%, 7.16%, -21.40%, 10.03%, and 31.54% from 2020 to 2024 [4] Investment Opportunities - The financial technology sector is expected to benefit from high liquidity, with trading volumes in the two markets consistently exceeding 2 trillion yuan [5] - The integration of AI in financial services is anticipated to create new growth opportunities, enhancing product value and customer retention [6] - The market is entering an upward channel due to policy support, economic stabilization, and the ongoing digital transformation of brokerages [6] ETF Focus - Investors are encouraged to pay attention to the financial technology ETF (159851) and its associated funds, which cover various themes including internet brokerages, financial IT, cross-border payments, and AI applications [7] - As of September 22, the financial technology ETF had a scale exceeding 10 billion yuan, with an average daily trading volume of over 1.4 billion yuan in the past month, indicating strong liquidity [7]
60日线失而复得,百亿金融科技ETF收跌逾3%,资金大举加仓!“924”一年来金融科技板块涨幅为135%
Xin Lang Ji Jin·2025-09-23 12:14