Market Performance - As of June 23, 2025, the Shanghai Composite Index rose by 0.65% to 3381.58 points, while the Shenzhen Component Index increased by 0.43% to 10048.39 points, and the ChiNext Index gained 0.39% to 2017.63 points. The total trading volume of both markets reached 1.12 trillion yuan, marking the 18th consecutive day of exceeding 1 trillion yuan in trading volume [1]. Industry Highlights - The ground weaponry sector showed strong performance, surging by 3.81%, followed by energy metals and animal health, which rose by 3.54% and 3.28%, respectively. A total of 986 non-currency ETFs increased, with an 85% rise ratio [2]. - The China Securities Financial Technology Theme Index increased by 4.34%, with the Financial Technology ETFs from Huaxia, Huabao, and Bosera rising by 4.64%, 4.49%, and 4.20%, respectively [2]. - The National Stock Exchange's Hong Kong Stock Connect Innovative Drug Index rose by 2.64%, with the corresponding ETFs increasing by 3.69%, 3.61%, and 3.50% [2]. - The China Securities Military Industry Index saw an increase of 1.66% [2]. ETF Performance - The Financial Technology ETF from Huaxia (516100.SH) recorded a rise of 4.64%, with a total share size of 233 million. It closely tracks the China Securities Financial Technology Theme Index, which includes major companies in the computer industry [3]. - The Innovation 50 ETF from ICBC (159370.SZ) increased by 3.87%, with a share size of 228 million. It tracks the Innovation 50 Index, reflecting the performance of the top 50 stocks in the ChiNext market [4]. - The Hong Kong Stock Connect Innovative Drug ETF from ICBC (159217.SZ) rose by 3.69%, with a total share size of 3.481 billion. It tracks the National Stock Connect Innovative Drug Index, which includes leading companies in the innovative drug sector [5]. Valuation Metrics - The latest price-to-earnings ratio (PE-TTM) for the China Securities Financial Technology Theme Index is 74.22, which is lower than 88.86% of the time over the past three years [4]. - The Innovation 50 Index's PE-TTM stands at 29.61, below 44.12% of the time in the last three years [5]. - The National Stock Connect Innovative Drug Index has a PE-TTM of 31.37, lower than 20.79% of the time in the past three years [6]. Declining ETFs - A total of 145 non-currency ETFs declined, with a 12% drop ratio. The Dongzheng Stock Price Index and Nikkei 225 Index fell by 0.36% and 0.13%, respectively [6]. - The National Defense Military Industry ETF (512810.SH) experienced a significant drop of 49.21%, with a total share size of 1.024 billion [8].