Why haven't the lively themes of the Spring Festival gained traction? How will U.S. tariff adjustments impact A-shares? Insights from fund management companies on the front lines.

① On the first trading day of the Year of the Horse, popular sectors such as AI and film and television themes cooled down. Fund managers stated that the spring rally had been brought forward, risk aversion sentiment among investors increased, and capital shifted to pro-cyclical sectors; ② The US tariff policy has been a rollercoaster, with public funds interpreting that short-term disruptions are inevitable; ③ Future market focus will be on three main lines: deepening in the AI robotics industry, rising prices of resource commodities, and high dividend defensive plays.

cls.cnFeb 25 08:34

ETF Market Review | A-Share Market Kicks Off the Horse Year with a Strong Start, Oil and Gas Stocks Surge to Hit Upper Limits, SPDR S&P Oil & Gas ETF by Harvest Fund Management Approaches Limit-Up

Gelonghui, February 24th | A-share market kicked off the Year of the Horse with a positive start, as the Shanghai Composite Index closed up 0.87% and the ChiNext Index rose by 0.99%. Oil and gas stocks led a wave of limit-up surges, while cyclical sectors such as shipping, non-ferrous metals, coal, electricity, and chemicals all posted gains across the board. Superhard materials, circuit boards, and CPO concept stocks were actively traded. AI application themes including Seedance, short dramas and gaming, and DeepSeek all saw pullbacks. In terms of ETFs, oil and gas stocks surged, with the SPDR S&P Oil & Gas ETF (Harvest) and the Oil & Gas ETF (Huitianfu) rising by 9.66% and 7.72%, respectively. The Petroleum ETF, Penghua Petroleum ETF, GF Energy ETF, and Energy ETF also advanced.

Gelonghui FinanceFeb 24 15:17

Holding stocks and funds during holidays, what to buy? Seedance drives AI application frenzy, funds flow back to dividend assets.

①Seedance 2.0 launches cinematic video generation feature, igniting the AI film and television concept, with media and gaming ETFs leading market gains significantly; ②Divergence emerges: pre-holiday capital flows show divergence, with some shifting to dividend, micro-cap, and other stable sectors. Seedance may drive the return of the AI main theme— who will prevail?

cls.cnFeb 11 08:51

ETF Market Review | A-Share Market Records Six Consecutive Sessions of Gains, AI Application Sector Surges, Film ETF Hits Limit Up

Gelonghui, February 10 | The Shanghai Composite Index closed 0.13% higher, marking its sixth consecutive daily gain; the ChiNext Index fell by 0.37%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets reached 2.1247 trillion yuan, a decrease of 145.4 billion yuan compared to the previous day, with more than 3,100 stocks declining across the three markets. Leading sector gains were observed in cinema chains, short-form gaming, computing power leasing, education, pharmaceutical chemicals, coal mining and processing, and shipbuilding-related industries. In contrast, sectors such as baijiu (Chinese liquor), precious metals, lab-grown diamonds, photovoltaic equipment, airport shipping, batteries, and propylene oxide saw significant declines. AI application themes surged, driving widespread increases in short-form films and TV, virtual humans, cultural media, and online gaming. Additionally, sectors tied to AI computing power and rare...

Gelonghui FinanceFeb 10 15:08

The explosive growth of AI applications has driven the Communication ETF Huaxia (516190) up by 6%, while the Game ETF (159869), with a scale of tens of billions, has recorded net inflows for five consecutive days.

Gelonghui, January 29th | Today, after a long period of inactivity, AI application stocks surged collectively again. Easysky soared over 13%, Chinese Online rose more than 10%, Media ETF Huaxia jumped 5.8%, ChiNext Software ETF Huaxia increased by 3.76%, and Gaming ETF grew by 3.76%. These have been continuously receiving net inflows for five days, with a total net inflow of 6.58 billion yuan. News highlights: ① Clawdbot, an AI application that has become a hit overseas, showcased the new form of personal AI assistants. ② The K2.5 model released by Moonlit Side on January 27th topped multiple global charts within one day of its launch. ③ iFlytek...

Gelonghui FinanceJan 29 10:49

Midday ETF Review | Mini-scale Hong Kong stock ETFs lead gains, with Hang Seng 50 ETF and HSI ETF via Stock Connect rising 8.8% and 5.91%, respectively.

Gelonghui, December 24th | The Shanghai Composite Index rose 0.24% at midday, and the ChiNext Index increased by 0.08%. Commercial aerospace concept stocks remained active, while sectors such as computing hardware, AI smartphones, intelligent transportation, chips, and nuclear fusion themes strengthened. Coal, insurance, and gold sectors underwent adjustments. In terms of ETFs, Hong Kong stocks were closed in the afternoon. Mini-scale Hong Kong stock ETFs saw significant gains: Guotai Fund's Shanghai-Hong Kong Stock Connect 50 ETF, GF Fund's Hang Seng ETF via Stock Connect, and E Fund's Shanghai-Hong Kong Stock Connect 100 ETF rose by 8.8%, 5.91%, and 5.75%, respectively. Their latest premium/discount rates stood at 9.13%, 5.97%, and 6.84%, respectively.

Gelonghui FinanceDec 24, 2025 11:40