ETF Midday Review | Rare earth sector shows strong gains, with the E Fund Rare Earth ETF up 4%.

Gelonghui, October 13 — The three major indices of China's A-share market collectively declined in early trading. As of the midday close, the Shanghai Composite Index fell by 1.3%, the Shenzhen Component Index dropped by 2.56%, the ChiNext Index declined by 3%, and the STAR 50 Index fell by 0.43% after rising more than 1% at one point during the session. The half-day trading volume in the Shanghai, Shenzhen, and Beijing markets amounted to RMB 1.5907 trillion, a decrease of RMB 65.4 billion compared to the previous day. Over 4,500 stocks across the entire market ended lower. The self-reliance and controllability concept performed strongly across the board, with significant gains seen in sectors such as rare earth magnets, lithography machines, and operating systems. The military industry, minor metals, and lithium battery concepts showed localized activity. In contrast, consumer electronics, robotics, and CRO concepts were among the top decliners, while copper-related sectors experienced a notable pullback. R

Gelonghui FinanceOct 13 11:39