Market Performance - The Shanghai Composite Index rose by 0.21% to 3387.57 points, marking a three-day increase [1] - The Shenzhen Component Index increased by 0.44% to 10294.22 points, while the ChiNext Index rose by 0.83% to 2065.39 points [1] - Total trading volume in the two markets reached 1.17 trillion yuan, exceeding 1 trillion yuan for 20 consecutive days [1] Industry Highlights - Precious metals showed strong performance, surging by 4.33% on the day [1] - Commercial vehicles and batteries followed closely with increases of 3.57% and 2.99%, respectively [1] - The CSI Hong Kong-Shenzhen Gold Industry Stock Index rose by 4.55% [1] ETF Performance - A total of 730 non-currency ETFs increased, with an increase ratio of 64% [1] - The top-performing gold ETFs included: - Gold Stock ETF (159562.SZ) with a rise of 4.85% [3] - Gold Stock ETF (517520.SH) with a rise of 4.63% [3] - Gold Stock ETF Fund (159322.SZ) with a rise of 4.51% [3] - The latest share size of Gold Stock ETF (159562.SZ) reached 365 million shares, closely tracking the CSI Hong Kong-Shenzhen Gold Industry Stock Index [3] Valuation Metrics - The latest price-to-earnings ratio (PE-TTM) for the CSI Hong Kong-Shenzhen Gold Industry Stock Index is 17.28 times, which is below 50% of the time over the past three years [4] Declining ETFs - A total of 359 non-currency ETFs declined, with a decrease ratio of 32% [4] - The top declining ETFs included: - S&P Consumer ETF (159529.SZ) down by 2.29% [6] - MSCI ESG ETF (159621.SZ) down by 1.92% [6] - New Economy ETF (159822.SZ) down by 1.40% [6] Premium Rates - The S&P 500 Consumer Select Index had a premium rate of 24.88% [7] - The S&P 500 Index showed a premium rate of 11.82% [7]

Group 1: Fund News - Several North Exchange funds have announced purchase limits, with the E Fund North Certificate 50 Index limiting purchases to 3,000 yuan starting May 19, and the Pengyang North Certificate 50 Index reducing the limit to 50,000 yuan from May 13 [1] - A total of 19 Hong Kong-themed funds have been reported since May, covering various sectors such as innovative drugs, cloud computing, consumption, and automobiles [1] - Public funds have invested nearly 10 billion yuan in private placements this year, with 21 public institutions participating in 31 A-share companies' private placements, totaling 9.785 billion yuan [1] Group 2: ETF Market Review - The market experienced a rise and then a pullback, with the Shanghai Composite Index increasing by 0.21%, the Shenzhen Component Index by 0.44%, and the ChiNext Index by 0.83%. The total trading volume reached 1.17 trillion yuan, an increase of 37.8 billion yuan from the previous trading day [2] - Gold-related stocks performed strongly, with gold stock ETFs rising by as much as 4.85% [2] Group 3: ETF Performance - The top-performing gold stock ETFs include: - Code 159562: Gold Stock ETF, up 4.85% to 1.557 - Code 517520: Gold Stock ETF, up 4.63% to 1.423 - Code 159322: Gold Stock ETF, up 4.51% to 1.158 [3] - The S&P Consumer ETF led the decline, down 2.29% [4] Group 4: Industry Trends - The rising gold prices are driving new growth trends in the industry, with the investment value of gold products becoming more prominent. This is expected to boost sales of investment-grade gold bars and brands with high cost-performance ratios [5] - The improvement in consumer spending, advancements in gold craftsmanship, and the rise of domestic brands are expected to provide strong growth momentum for the gold and jewelry industry [5]

Group 1 - The core viewpoint of the article highlights the mixed performance of ETFs during the midday trading session, with gold-related ETFs showing significant gains while others experienced declines [1] - The Gold Stock ETF (517520) led the gains with an increase of 3.24%, followed closely by the Gold ETF (159834) which rose by 3.14%, and the Gold Stocks ETF (517400) which increased by 3.04% [1] - In contrast, the Chuang Zhong Pan 88 ETF (159804) was the biggest loser, declining by 1.38%, followed by the Guo Zheng 2000 ETF Fund (159543) which fell by 1.36%, and the S&P Consumer ETF (159529) which dropped by 1.3% [1]