Summary of Key Points Core Viewpoint - The trading volume of non-monetary ETFs reached 200.295 billion yuan on June 5, 2025, with 50 ETFs exceeding 1 billion yuan in trading volume. The market is showing significant activity in various ETF categories, particularly in bond and thematic ETFs [1]. Trading Volume and Performance - The top three ETFs by trading volume are: - Shanghai Company Bond ETF (511070.SH) with 9.303 billion yuan - Credit Bond ETF Fund (511200.SH) with 7.585 billion yuan - Credit Bond ETF (511190.SH) with 6.500 billion yuan [4] - The average daily trading volume for the Shanghai Company Bond ETF over the last five days is 7.184 billion yuan, indicating increased activity [2]. Turnover Rate - The highest turnover rates are observed in: - Benchmark National Bond ETF at 249.89% - 0-4 Local Bond ETF at 163.00% - Saudi ETF at 160.18% [7] - The Shanghai Company Bond ETF has a recent turnover rate of 66.04% over the last five days, showing significant trading activity [2]. Thematic ETFs - Thematic ETFs include: - Hong Kong Innovative Drug ETF - Hong Kong Securities ETF - Hang Seng Technology Index ETF - Hang Seng Technology ETF [1] - The Hong Kong Innovative Drug ETF (520500.SH) has a trading volume increase of 38.70% compared to the previous trading day [3]. ETF Performance Metrics - The Hang Seng Innovative Drug ETF has a recent trading volume of 4.62 billion yuan over the last five days, with a notable increase in trading activity [3]. - The Green Power ETF (159669.SZ) has a recent trading volume of 1.06 billion yuan and is focused on the public utility sector [8]. Market Volatility - The top three ETFs by volatility are: - China Securities 2000 Index ETF with a volatility of 10.50% - Green Power ETF with 10.46% - Yangtze River Protection Theme ETF with 9.29% [11]

Group 1 - The information technology ETF (512330) led the gains with an increase of 3.98% [1] - The ChiNext AI ETF (159381) rose by 3.86% [1] - The Cloud 50 ETF (560660) experienced a gain of 3.77% [1] Group 2 - The CICC Technology Pioneer ETF (560990) was the biggest loser, declining by 4.17% [1] - The S&P Oil & Gas ETF (159518) fell by 2.41% [1] - The S&P Oil & Gas ETF (513350) decreased by 2.19% [1]

Group 1 - The ETF market showed mixed performance at midday, with the China-Korea Semiconductor ETF (513310) leading gains at 2.80% [1] - The Yangtze River Protection Theme ETF (517160) increased by 2.73%, while the Communication ETF (515880) rose by 2.39% [1] - The CICC Technology Pioneer ETF (560990) experienced the largest decline, falling by 4.86%, alongside the S&P Oil & Gas ETF (513350) and S&P Oil & Gas ETF (159518), both down by 2.52% [1]

Market Performance - As of June 4, 2025, the Shanghai Composite Index rose by 0.42% to 3376.20 points, while the Shenzhen Component Index increased by 0.87% to 10144.58 points, and the ChiNext Index climbed by 1.11% to 2024.93 points [1] - The total trading volume of both markets reached 1.15 trillion yuan, marking the fifth consecutive day of exceeding one trillion yuan [1] - The jewelry sector showed strong performance with a daily increase of 5.95%, followed by leisure food and personal care products, which rose by 4.45% and 3.37% respectively [1] ETF Performance - A total of 1049 non-currency ETFs in the market increased, with an increase ratio of 91% [1] - The Hang Seng Innovative Drug Index rose by 3.83%, with related ETFs also showing significant gains of 3.61% and 3.55% [1] - The latest share size of the Hang Seng Innovative Drug ETF (520500.SH) reached 366 million shares, closely tracking the performance of the Hang Seng Innovative Drug Index [3] Valuation Metrics - The latest P/E ratio (PE-TTM) for the Hang Seng Innovative Drug Index is 26.92, which is lower than the average of over 11.03% in the past three years [4] - The P/E ratio for the Hang Seng Hong Kong Stock Connect Innovative Drug Index stands at 26.64, also below the average of over 12.16% in the last three years [5] - The National Certificate Hong Kong Stock Connect Innovative Drug Index has a P/E ratio of 29.36, lower than the average of over 10.84% in the past three years [5] Declining ETFs - A total of 71 non-currency ETFs declined, with a decrease ratio of 6% [5] - The top declining ETFs included the Greater Bay Area ETF, which fell by 1.41%, and the Transportation ETF, which decreased by 0.82% [7] Premium Rates - The S&P 500 Consumer Select Index showed a premium of 24.67%, while the S&P 500 Index had a premium of 17.11% [8] - The top ETFs by premium rate included the S&P Consumer ETF (24.67%) and the S&P 500 ETF (17.11%) [10]

ETF Industry News - The three major indices collectively rose, with the Shanghai Composite Index increasing by 0.42%, the Shenzhen Component Index by 0.87%, and the ChiNext Index by 1.11. Multiple electronic sector ETFs saw gains, including the CICC Technology Pioneer ETF (560990.SH) which rose over 6%, and the 5G Communication ETF (515050.SH) which increased by 2.26% [1][3] Fund Flows - In May, over 20 billion yuan flowed into technology innovation ETFs, particularly in the semiconductor and high-end manufacturing sectors. The top three ETFs by net inflow were the Huaxia Science and Technology 50 ETF with 4.93 billion yuan, the Guolian An Semiconductor ETF with 2.36 billion yuan, and the Harvest Science and Technology Chip ETF with 1.87 billion yuan [2] Market Performance - The overall performance of ETFs showed that cross-border ETFs had the best average return at 1.07%, while money market ETFs had the worst performance with an average return of 0.00% [8] Sector Performance - The beauty care, comprehensive, and textile and apparel sectors ranked highest in daily performance, with daily increases of 2.63%, 2.53%, and 2.41% respectively. Conversely, transportation, national defense, and public utilities sectors lagged behind with declines of -0.58%, -0.24%, and -0.12% [5] Top Performing ETFs - The top three performing stock ETFs today were the CICC Technology Pioneer ETF (560990.SH) with a return of 6.40%, the Innovative Drug ETF by Huatai-PB (517120.SH) with 2.87%, and the Innovative Drug ETF by Shanghai-Hong Kong (159622.SZ) with 2.74% [10][11]