Core Viewpoint - The rare earth industry is experiencing significant growth, driven by rising prices and strong market sentiment, with the rare earth ETF showing impressive performance and attracting substantial capital inflows [1][4][5]. Group 1: Market Performance - As of July 28, 2025, the China Rare Earth Industry Index increased by 0.25%, with notable gains in constituent stocks such as Xiangdian Co. (+5.54%) and Keheng Co. (+2.96%) [1]. - The rare earth ETF managed by Harvest has achieved a three-day consecutive increase, with a weekly rise of 9.55% as of July 25, 2025, ranking first among comparable funds [1][4]. - The trading volume for the rare earth ETF was 4.51%, with a total transaction value of 1.72 billion yuan, and an average daily transaction of 3.90 billion yuan over the past week [4]. Group 2: Fund Performance - The latest scale of the rare earth ETF reached 3.799 billion yuan, marking a one-year high and ranking first among comparable funds [4]. - The fund's shares reached 2.631 billion, also a one-year high, indicating strong investor interest [4]. - Over the past year, the net asset value of the rare earth ETF has increased by 80.41%, placing it in the top 2.65% of index equity funds [4]. Group 3: Industry Insights - According to a report by Founder Securities, the rare earth and magnetic materials sector is performing well due to high market sentiment and rising prices for praseodymium and neodymium metals [5]. - The U.S. Department of Defense's support for MP Company with significantly higher price floors for praseodymium and neodymium (110 USD/kg) indicates the effectiveness of China's rare earth controls and suggests potential valuation increases for the sector [5]. - China holds a dominant position in the global rare earth supply chain, with market shares of 69% in rare earth concentrate production, 92% in rare earth smelting and separation, and 90% in rare earth permanent magnets [5].

Group 1 - The core viewpoint of the articles highlights the strong performance of the rare earth sector, supported by positive half-year earnings forecasts from multiple companies, leading to increased valuations in the sector [1] - The rare earth ETF (516780) has seen significant trading activity, with an average daily trading volume of 276 million yuan over three trading days, compared to an average of 66 million yuan in 2025, indicating a notable increase in trading volume [1] - The fund has experienced net inflows on 8 out of the last 10 trading days, reaching a new high of 1.494 billion yuan as of July 22, 2025, with a year-to-date growth of over 70% [1][2] Group 2 - The report from Founder Securities indicates that the rare earth and magnetic materials industry is performing well due to high market sentiment and rising prices of praseodymium and neodymium metals, which are critical components in the sector [1] - The U.S. Department of Defense's provision of significantly higher price floors for praseodymium and neodymium, along with substantial subsidies, underscores the effectiveness of China's rare earth controls and suggests potential for further valuation increases in the sector [1] - The rare earth ETF (516780) tracks the CSI Rare Earth Industry Index, covering the entire rare earth industry chain in China, which includes mining, processing, trading, and application of rare earths [1]