Express News | The A-share satellite ETF once touched the daily limit down in the afternoon session. Among its constituent stocks, multiple shares including China Satellite, Aerospace Electronics, and China Satcom hit the limit down.
The A-share channel for northbound funds has been significantly expanded, with 98 ETFs newly included in the Stock Connect program.
①The ETF Connect program has expanded for the first time this year, with 98 new products added, including the CSCI A500 ETF for the first time; ②After the expansion, overseas investors can more conveniently access core assets and niche sectors of the A-share market through ETFs; ③By 2025, investments in northbound ETFs are expected to exceed 800 billion yuan, with the mechanism's appeal continuing to grow.
Express News | The satellite ETF turned positive during intraday trading after dropping more than 8% earlier. It is currently up 0.86%, with a trading volume of 4.354 billion yuan.
Who is “misreporting” the blockbuster fund? The fund, reportedly “raising 12 billion yuan in a single day,” has urgently announced purchase restrictions.
①The GEO concept in the A-share market has exploded. Can't buy stocks? Consider investing in funds instead? Rumors suggest a fund has attracted 12 billion yuan in investments. ②Who is behind the creation of these popular funds? The 'real-time valuation' feature is suspected to have fueled herd behavior, and regulators have previously requested its removal. ③A large influx of capital in the short term may dilute existing investors' returns. Fund companies have responded urgently and imposed rapid purchase restrictions.
Last week, bond ETFs witnessed massive outflows exceeding RMB 60 billion, while equity ETFs recorded net inflows of RMB 7.765 billion. The Hang Seng Tech Index and satellite industry-related funds were among the top performers in attracting capital.
Last week, the ETF market saw a net outflow of 56.932 billion yuan.
Twenty ETFs surged over 10%, and 59 ETFs rose more than 8%! Industrial Securities: The potential upside gains in the market may far outweigh the downside risks.
Gelonghui, January 12 | Today, the market is boiling! A full-scale surge! The A-share market has seen 17 consecutive days of gains, with trading volume hitting a record high. The Shanghai Composite Index closed 1.09% higher, marking its 17th consecutive positive session, once again reaching a more than 10-year high. The combined turnover of the Shanghai and Shenzhen stock exchanges reached 3.6 trillion yuan, surpassing the 3 trillion yuan mark for the second consecutive trading day. This represents an increase of 478.7 billion yuan compared to the previous trading day, breaking the previous record set on October 8, 2024. ETFs have exploded in popularity! On January 12, 20 ETFs surged over 10%, while 59 ETFs rose more than 8%. Notably, the Morgan Sci-Tech Innovation and Entrepreneurship Artificial Intelligence ETF and the China Merchants ChiNext Artificial Intelligence ETF were among the top performers.
ETF Midday Review | AI Applications and Commercial Aerospace Ignite A-Share Market; Media ETF, Satellite ETF (Guangfa), and Satellite Industry ETF Soar to Daily Limit
Gelonghui January 12th | Today, the AI application and commercial aerospace sectors ignited the A-share market. The Shanghai Composite Index rose by 0.75%, recording a temporary 17-day winning streak, while the Shenzhen Component Index increased by 1.31%, the ChiNext Index climbed by 1.17%, and the Beijing Stock 50 Index surged by 4.2%. The total market turnover reached 2.3323 trillion yuan, expanding by 250.4 billion yuan compared to the previous day’s turnover. The AI application sector experienced an all-around boom, with e-commerce, virtual humans, and short-form gaming leading the gains. Fintech, brain-computer interface, commercial aerospace, and autonomous driving concept stocks showed active performance. In the ETF sector, AI application-related themes erupted comprehensively, with the Media ETF from Guangfa Fund and Penghua Fund hitting the daily limit.
Illustrated Collection of Popular Track ETFs at the Start of 2026
The information content is highly substantial.
ETFs are booming! Satellite ETFs and Media ETFs are surging with a wave of limit-up trading! 'Satellite in one hand, AI applications in the other' is igniting the strongest start to the year in 2026.
Gelonghui January 12 | ETFs are booming! The combination of "satellite on the left hand and AI applications on the right" is igniting the strongest start to the year in 2026. Commercial aerospace concept stocks have remained highly active, with the Satellite ETF Guangfa (512630), Satellite Industry ETF (159218), Satellite ETF (159206), and Satellite ETF E Fund (563530) all experiencing rare limit-up trading during the morning session. Meanwhile, the Satellite ETF (563230) and Satellite ETF Penghua (563790) approached the limit-up threshold. On the news front, on January 11, the International Telecommunication Union (ITU) website revealed that from December 25 to 31, 2025.
Express News | Collective surge in space-related ETFs, with multiple ETFs hitting the upper price limit.
Express News | Suspension of subscriptions for satellite ETFs? Multiple fund companies respond: No related requirements have been received.
ETF Market Close | The Shanghai Composite Index fell by 0.07%, marking its 15th consecutive daily gain. The commercial aerospace sector saw a significant surge, with the Satellite ETF rising by 6%.
Gelonghui, January 8th | The A-share market experienced narrow-range fluctuations today. As of the close, the Shanghai Composite Index fell by 0.07%, recording its 15th consecutive day of gains. The Shenzhen Component Index declined by 0.51%, and the ChiNext Index dropped by 0.82%. Meanwhile, the Beijing Stock Exchange 50 Index rose by 0.81%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets reached 2.8262 trillion yuan, representing a decrease of 55.3 billion yuan compared to the previous day. Over 3,700 stocks ended in positive territory. In terms of sector performance, industries such as military equipment, commercial aerospace, brain-computer interface, photovoltaic equipment, controlled nuclear fusion, AI agents, real estate, quantum technology, and CRO concept stocks led the gains. Conversely, sectors including insurance, securities, non-ferrous metals, rare earth magnets, banking, and battery manufacturing lagged behind.
ETF Market Close | A-share market surges for 13 consecutive sessions with record-breaking volume, reaching a 10-year high; commercial aerospace stocks rally strongly, with Penghua Satellite ETF and E Fund Satellite ETF both rising by 8%.
Gelonghui January 6 | The A-share market continued its upward trend today. At the close, the Shanghai Composite Index rose by 1.5%, marking its 13th consecutive positive session, while the Shenzhen Component Index gained 1.4%, and the ChiNext Index increased by 0.75%. The Beijing Stock Exchange 50 Index climbed by 1.82%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets reached 2.8322 trillion yuan, an increase of 265 billion yuan compared to the previous day, with over 4,100 stocks posting gains across the three markets. In terms of sector performance, notable increases were observed in brain-computer interface, chemical engineering, major financials, non-ferrous metals, commercial aerospace, autonomous driving, and semiconductor sectors. Conversely, beauty care, CPO, and banking sectors lagged behind relatively. In the ETF space, the satellite aerospace sector saw another wave of limit-up surges, with the Satellite ETF Peng leading the charge.
Record 33-year longest consecutive positive streak! Goldman Sachs reaffirms: Buy Chinese stocks.
Tens of billions of yuan in funds are queued up to enter the market.
CITIC Securities: Insights on Year-End Investment Choices from Record-High ETFs
From the perspective of allocation strategy, CITIC Securities still believes that a volatile market mindset dominated by structural opportunities should be adopted until unexpected changes in domestic demand occur.
ETF Market Close | A-share market extends gains for the eighth consecutive session with increased trading volume; the non-ferrous metal sector posts broad-based increases, with Mining ETF and Non-Ferrous Mining ETF (Zhaoshang) rising 4%.
Gelonghui December 26 | The Shanghai Composite Index closed up 0.1% on heavy volume, achieving an 8-day winning streak and approaching the 4,000-point mark. The total daily turnover of A-shares reached 2.18 trillion yuan, hitting a new monthly high. The non-ferrous metals sector surged across the board, with lithium battery upstream and midstream materials segments triggering a wave of limit-up surges. The commercial aerospace concept remained active, while the AI industry chain collectively retreated, with sectors related to lithography machines, OCS, and CPO experiencing widespread declines. In the ETF market, small-scale Hong Kong stock ETFs continued to rise, with the GF Fund Hang Seng ETF gaining 7.18%, bringing its latest premium rate to 16.96%. The non-ferrous metals sector maintained strong momentum, with Guotai Fund Mining ETF, Non-Ferrous Metals Mining ETF Merchants, and others performing well.
The commercial aerospace sector has experienced a major surge, with the Satellite Industry ETF, GF Satellite ETF, and Satellite ETF soaring by 5%.
Sky Dream Ignites Market
ETF Market Wrap | Hong Kong stocks suspended trading in the afternoon, with the Hang Seng Connect 50 ETF surging by the daily limit.
Gelonghui, December 24 | As of the close, the Shanghai Composite Index rose by 0.53%, the Shenzhen Component Index rose by 0.88%, the ChiNext Index rose by 0.77%, and the North China 50 rose by 0.39%. The total market turnover was 1,897.2 billion yuan, a decrease of 24.1 billion yuan compared to the previous day's turnover. In terms of sectors, the power and commercial aerospace sectors were active, while precious metals and Hainan sectors adjusted. Regarding ETFs, the Hong Kong stock market is closed this afternoon, with mini-sized Hong Kong stock ETFs leading in gains. The Cathay Fund Hong Kong Stock Connect 50 ETF hit the daily limit, while the GF Fund Hang Seng ETF Hong Kong Stock Connect and the E Fund Hong Kong Stock Connect 100 ETF rose by 3.75% and 3.2%, respectively.
ETF Midday Review | Lithium battery sector leads gains, with Battery ETF Fund and Lithium Battery ETF up 3%.
Gelonghui December 23 | By midday, the Shanghai Composite Index rose by 0.34%, the Shenzhen Component Index increased by 0.65%, the ChiNext Index climbed by 0.78%, and the Beijing Stock Exchange 50 Index edged up by 0.14%. The total market turnover reached RMB 1.2522 trillion, representing an increase of RMB 53.2 billion compared to the previous trading day. In terms of sector performance, the photolithography machine, battery, and energy metals sectors were active, while tourism and commercial aerospace sectors saw adjustments. Regarding ETFs, the lithium battery sector led gains, with the CCB Principal Battery ETF, Fidelity Lithium Battery ETF, and Xingyin Fund Battery Leader ETF all rising by 3%. Gold hit a record high, benefiting the Yongying Fund Gold Stock ETF and Ping An Fund Gold.
ETF Market Wrap | A-shares trade with a 160 billion yuan drop in volume, bank stocks rally in the afternoon as CSI Bank ETF rises 2%.
Gelonghui December 18 | At the close of trading, the Shanghai Composite Index rose by 0.16%, the Shenzhen Component Index fell by 1.29%, the ChiNext Index dropped by 2.17%, and the Beijing Stock Exchange 50 Index declined by 0.51%. The total market turnover amounted to 1.6722 trillion yuan, representing a decrease of 162.1 billion yuan compared to the previous day's trading volume. In terms of sector performance, the pharmaceutical commerce and commercial aerospace sectors were active, while the banking sector strengthened in the afternoon. Meanwhile, the PCB and battery sectors underwent adjustments. Regarding ETFs, the satellite internet sector saw significant gains, with the E Fund Satellite ETF, Fullgoal Fund Satellite ETF, and GF Fund Satellite ETF rising by 3.8%, 3.69%, and 3.69% respectively. The banking sector rallied in the afternoon.