ETF Market Close | Real estate sector surged unexpectedly in the afternoon, with Vanke hitting the daily limit; Real Estate ETF and Property ETF rose over 3%.

Gelonghui, December 10 | At the close of trading, the Shanghai Composite Index fell by 0.23%, the Shenzhen Component Index rose by 0.29%, the ChiNext Index dropped by 0.02%, and the Beijing Stock Exchange 50 Index declined by 0.85%. The total market turnover amounted to RMB 1.79 trillion, a decrease of RMB 126 billion compared to the previous day’s turnover. Real estate stocks surged in the afternoon, with Vanke A hitting the daily limit. Education, CPO, and semiconductor sectors rallied in the afternoon, while Hainan Free Trade Zone and retail sectors remained strong throughout the day. Photovoltaic, ultra-hard materials, server, and banking sectors saw adjustments. In terms of ETFs, real estate stocks surged in the afternoon, with property ETFs from YinHua Fund, HuaBao Fund, and Southern Fund gaining momentum.

Gelonghui FinanceDec 10 15:11