On July 21, the major A-share indices collectively fluctuated downward after opening higher, then rebounded from Deep V. The Shanghai Index closed up 0.62%, and the GEM Index surged 5.20%. Driven by the market, the GEM 50 ETF Huaan rose 5.27% in early trading to close at 1.738 yuan, with a turnover rate of 14.74% and a turnover of 3.292 billion yuan, ranking first among similar target ETFs. In terms of capital, GEM 50 ETF Huaan has recently been popular for capital, with a net capital inflow of 3.03 billion yuan in the past five trading days. As of July 17, 2026, the ETF had a circulation scale of 20.824 billion yuan. According to the news, Samsung Electronics' foundry business is evaluating expanding the initial production scale at the Taylor plant in the US to double the original plan; previously, TSMC had raised its capital expenditure guidelines for the full year 2026 to 60 billion to 64 billion US dollars. Furthermore, the holding of the 2026 World Artificial Intelligence Conference is also seen as a key point in opening up room for long-term growth in the technology industry. Lu Zhe of Dongwu Securities pointed out that domestic AI and semiconductor leaders have revealed that their performance remains outstanding, the medium- to long-term growth trend of the AI industry has not been falsified, and technology is still an important driving force for domestic economic growth. Liu Chenming, chief strategy analyst at GF Securities, said, “Historical experience shows that in the process of stock market development, adjustments due to various factors, if not the end of the industry trend, are basically around 20 trading days, and the decline rate is about 20%. Judging from historical experience, there is plenty of room for adjustment in the A-share technology sector in this round.” Yang Chao, chief strategy analyst at China Galaxy Securities, believes that with current market valuations at a reasonably low level, medium- to long-term investors can maintain an optimistic mindset, rationally lay out a high-quality track with strong performance certainty, and grasp the allocation window brought about by the adjustments. Investors can trade GEM 50 ETF Huaan directly through stock accounts, or participate through linked funds.

Zhitongcaijing · 2d ago
On July 21, the major A-share indices collectively fluctuated downward after opening higher, then rebounded from Deep V. The Shanghai Index closed up 0.62%, and the GEM Index surged 5.20%. Driven by the market, the GEM 50 ETF Huaan rose 5.27% in early trading to close at 1.738 yuan, with a turnover rate of 14.74% and a turnover of 3.292 billion yuan, ranking first among similar target ETFs. In terms of capital, GEM 50 ETF Huaan has recently been popular for capital, with a net capital inflow of 3.03 billion yuan in the past five trading days. As of July 17, 2026, the ETF had a circulation scale of 20.824 billion yuan. According to the news, Samsung Electronics' foundry business is evaluating expanding the initial production scale at the Taylor plant in the US to double the original plan; previously, TSMC had raised its capital expenditure guidelines for the full year 2026 to 60 billion to 64 billion US dollars. Furthermore, the holding of the 2026 World Artificial Intelligence Conference is also seen as a key point in opening up room for long-term growth in the technology industry. Lu Zhe of Dongwu Securities pointed out that domestic AI and semiconductor leaders have revealed that their performance remains outstanding, the medium- to long-term growth trend of the AI industry has not been falsified, and technology is still an important driving force for domestic economic growth. Liu Chenming, chief strategy analyst at GF Securities, said, “Historical experience shows that in the process of stock market development, adjustments due to various factors, if not the end of the industry trend, are basically around 20 trading days, and the decline rate is about 20%. Judging from historical experience, there is plenty of room for adjustment in the A-share technology sector in this round.” Yang Chao, chief strategy analyst at China Galaxy Securities, believes that with current market valuations at a reasonably low level, medium- to long-term investors can maintain an optimistic mindset, rationally lay out a high-quality track with strong performance certainty, and grasp the allocation window brought about by the adjustments. Investors can trade GEM 50 ETF Huaan directly through stock accounts, or participate through linked funds.
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