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On October 16, the Huatai Berry Shanghai and Shenzhen 300 ETF was released rapidly at the end of the session. The transaction amount exceeded 12.5 billion yuan within 20 minutes, and the full-day turnover reached 16.093 billion yuan. Constituent stocks had mixed ups and downs. On the upward side, Zhongji Xuchuang and Cambrian rose nearly 2%, followed by Zijin Mining, Zhaoyi Innovation, and Kweichow Moutai. On the downside, Ningde Era fell 0.54%, and China Merchants Bank fell 0.49%. The latest ETF reached $107.969 billion, making it the largest ETF in the non-monetary market. Orient Securities said that almost half an hour after closing, broad-based ETFs showed explosive volume, which led to a pulse rise in the index. Current investment sentiment dominates market pricing more than logic. Many stock declines are not negative or fundamental changes, but are simply due to fear; until such psychological factors change, the market will maintain a pattern of weakness and bottoming out. In the short term, the area above 3,750 points of the Shanghai Composite Index has become an important pressure level. In terms of rates, the management rates and escrow rates of the Shanghai and Shenzhen 300 ETF Huatai Berry are 0.15% per year and 0.05% per year, respectively. This is the lowest rate structure level among equity index products in the A-share market. Investors can use one-click to lay out A-share core assets.
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On October 16, the Huatai Berry Shanghai and Shenzhen 300 ETF was released rapidly at the end of the session. The transaction amount exceeded 12.5 billion yuan within 20 minutes, and the full-day turnover reached 16.093 billion yuan. Constituent stocks had mixed ups and downs. On the upward side, Zhongji Xuchuang and Cambrian rose nearly 2%, followed by Zijin Mining, Zhaoyi Innovation, and Kweichow Moutai. On the downside, Ningde Era fell 0.54%, and China Merchants Bank fell 0.49%. The latest ETF reached $107.969 billion, making it the largest ETF in the non-monetary market. Orient Securities said that almost half an hour after closing, broad-based ETFs showed explosive volume, which led to a pulse rise in the index. Current investment sentiment dominates market pricing more than logic. Many stock declines are not negative or fundamental changes, but are simply due to fear; until such psychological factors change, the market will maintain a pattern of weakness and bottoming out. In the short term, the area above 3,750 points of the Shanghai Composite Index has become an important pressure level. In terms of rates, the management rates and escrow rates of the Shanghai and Shenzhen 300 ETF Huatai Berry are 0.15% per year and 0.05% per year, respectively. This is the lowest rate structure level among equity index products in the A-share market. Investors can use one-click to lay out A-share core assets.
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