Venture(US:VEMLY) Xin Lang Cai Jing·2026-01-07 11:42Market Overview - A-shares experienced a historic moment with the Shanghai Composite Index recording a 14-day winning streak, while the ChiNext Index fluctuated before closing lower. The total trading volume exceeded 28 trillion yuan over two consecutive trading days [1][19]. - The Hong Kong stock market showed weakness, with the Hang Seng Index down 0.94% and the Hang Seng Tech Index down 1.49%. However, the Hong Kong Stock Connect innovative drug sector performed well [1][19]. ETF Performance - The Hong Kong Stock Connect Innovative Drug ETF (520880) rose over 3%, marking its third consecutive increase, while the only ETF representing the pharmaceutical sector (562050) also recorded three consecutive days of gains. The largest medical ETF (512170) approached its six-month high [1][3][21]. - The Entrepreneurial Board Artificial Intelligence ETF (159363) increased by 0.79%, reaching a new high, while the broad-based dual-innovation leader ETF (588330) aimed for previous highs [1][3][19]. Pharmaceutical Sector - The pharmaceutical sector outperformed the broader market, with the innovative drug leader Rongchang Bio surging over 11%. The medical ETF (562050) achieved three consecutive daily gains [3][21]. - The medical sector showed some differentiation, with the brain-computer interface concept remaining popular. The largest medical ETF (512170) continued to rise, reaching a new 20-day high [3][21]. AI and Technology Sector - The Entrepreneurial Board Artificial Intelligence Index reached a new high, driven by strong performances in computing hardware and AI applications. Notable stocks included Zhishang Technology, which rose over 7%, and several others that increased by over 3% [25][27]. - The upcoming launch of DeepSeek's flagship system R2 is expected to catalyze AI applications, with Meta's acquisition of Manus further enhancing AI capabilities [27][28]. Rare Earth and Nonferrous Metals - The nonferrous metals ETF (159876) saw a significant increase, with a net subscription of 54.6 million units, reflecting strong investor interest. The ETF's price rose by over 1.6% during the day [10][12]. - The nonferrous metals market is experiencing a bullish trend due to various factors, including supply constraints and increased demand from new industries [10][13].