ETF Market Wrap | A-shares decline on lower trading volume, oil and gas stocks lead the gains, S&P Oil & Gas ETF Jiashi and Energy Chemical ETF CCB rise over 5%

Gelonghui, April 2 | As of market close, the Shanghai Composite Index fell 0.74% to 3,919.29 points, the Shenzhen Component Index fell 1.6% to 13,486.94 points, the ChiNext Index fell 2.31% to 3,172.65 points, and the Beijing 50 rose 0.3% to 1,281.91 points. The total turnover across the entire market was 1.8577 trillion yuan, down 167 billion yuan from the previous trading day. Oil and gas and pork sectors led the gainers; computing power and film theater sectors led the decliners.

Today, oil and gas, energy chemicals, and agricultural products sectors were strong and led the market higher, with related ETFs posting notable gains:

Oil and gas and energy chemicals sectors: SPDR S&P Oil & Gas ETF E.I. (159518) surged 5.95%, and CCBI Energy Chemicals ETF (159981) rose 5.72%, directly benefiting from the oil and gas sector’s leading gains. Agricultural products sector: Dou Mup ETF Huaxia (159985) rose 1.86%, tracking the strength in the pork and agricultural products sectors. Auto, high-dividend, and innovative drug sectors: Hong Kong Stock Connect Auto ETF Fullgoal (159239) rose 1.20%, and Hong Kong Stock Connect Auto ETF GF (520600) rose 0.95%; Hong Kong Dividend ETF ICBC (159691) rose 0.45%, Hong Kong Dividend Low Volatility ETF Invesco (159569) rose 0.34%, and Hong Kong Dividend ETF Bosh i (513690) rose 0.17%; Hong Kong Stock Connect Innovative Drugs ETF E Fund (159316) rose 0.44%, Hong Kong Stock Connect Innovative Drugs ETF Huabo (520880) rose 0.19%, and related sectors edged higher.

Today, semiconductors, Hong Kong stock internet technology, and overseas market sectors saw a deep pullback, with related ETFs among the biggest decliners: Semiconductor sector: China-Korea Semiconductor ETF Huatai-PineBridge (513310) plunged 4.86%, leading the whole market, forming a direct linkage with the leading decline in the computing power sector. Hong Kong internet and technology sectors: Hong Kong Stock Connect Internet ETF Yongying (159170) fell 3.76%, Hong Kong Stock Connect Internet ETF Fullgoal (159792) fell 3.31%, Hong Kong Stock Connect Technology ETF GF (159262) fell 3.21%, and Hong Kong Technology ETF Silver-Elephant (513160) fell 3.21%; China Concept Internet ETF Merchants (513220) fell 2.98%, and China Concept Internet ETF GF (159605) fell 2.93%; Hong Kong Stock Connect Information Technology ETF Huabo (159131) fell 2.91%. Hong Kong technology and internet sectors collectively weakened. Overseas market sector: Brazil ETF E Fund (520870) fell 3.48%, Nikkei ETF Huaxia (513520) fell 3.07%, and overseas market indices pulled back in sync.