Market Overview - The Shanghai Composite Index rose by 0.21% to close at 3387.57 points, with a daily high of 3394.75 points [1] - The Shenzhen Component Index increased by 0.44% to close at 10294.22 points, reaching a high of 10325.92 points [1] - The ChiNext Index saw a rise of 0.83%, closing at 2065.39 points, with a peak of 2077.48 points [1] ETF Market Performance - The median return of stock ETFs was 0.29%, with the highest return from the ICBC Credit Suisse Shenzhen 100 ETF at 1.61% [2] - The highest performing industry ETF was the Penghua National Securities Nonferrous Metals Industry ETF, which returned 2.73% [2] - The highest return among thematic ETFs was from the Huaxia CSI Hong Kong-Shenzhen Gold Industry ETF at 4.85% [2] ETF Gain and Loss Rankings - The top three ETFs by gain were: - Huaxia CSI Hong Kong-Shenzhen Gold Industry ETF (4.85%) - Yongying CSI Hong Kong-Shenzhen Gold Industry ETF (4.63%) - Ping An CSI Hong Kong-Shenzhen Gold Industry ETF (4.51%) [4][5] - The top three ETFs by loss were: - Guotai MSCI China A-Shares ESG General ETF (-1.92%) - Guoshou Anbao National Securities ChiNext Mid-Cap Selected 88 ETF (-1.21%) - ICBC Credit Suisse National Securities Semiconductor Chip ETF (-1.19%) [4][5] ETF Fund Flow - The top three ETFs by fund inflow were: - Fortune CSI Military Leading ETF (inflow of 473 million yuan) - Penghua CSI National Defense ETF (inflow of 443 million yuan) - Guotai CSI Military ETF (inflow of 430 million yuan) [6][7] - The top three ETFs by fund outflow were: - Huaxia CSI A500 ETF (outflow of 764 million yuan) - Huatai-PB CSI 300 ETF (outflow of 655 million yuan) - Huaxia ChiNext 50 ETF (outflow of 377 million yuan) [6][7] ETF Margin Trading Overview - The top three ETFs by margin buying were: - Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 ETF (358 million yuan) - Huatai-PB CSI 300 ETF (215 million yuan) - E Fund CSI 300 Medical Health ETF (159 million yuan) [8][9] - The top three ETFs by margin selling were: - Southern CSI 500 ETF (29.72 million yuan) - Huatai-PB CSI 300 ETF (28.99 million yuan) - Huaxia Shanghai Stock Exchange 50 ETF (9.35 million yuan) [8][9] Institutional Insights - Founder Securities suggests that gold prices are expected to maintain a long-term upward trend after a phase of correction, driven by factors such as declining dollar credit and ongoing global central bank gold purchases [10] - China Galaxy indicates that A-share gold stocks are currently at a near 10-year low valuation, presenting potential investment opportunities as gold prices rise [11]