ETF Midday Review | Major Financial Sector Counterattack, Fidelity Hong Kong Securities ETF Rises Over 3%

2026-03-21 14:51:59

Gelonghui, March 17 — The three major A-share indices all declined in the early trading session. By midday, the Shanghai Composite Index fell 0.04%, the Shenzhen Component Index dropped 0.4%, the ChiNext Index declined 0.58%, and the Beijing 50 Index decreased 0.23%. The combined half-day trading volume of the Shanghai, Shenzhen, and Beijing markets was 1.3779 trillion yuan, down 140 billion yuan from the previous day. Over 3,400 stocks in the entire market declined. Concepts such as cultivated diamonds, CPO, OCS, and optical communications led the decline, while agriculture, oil and gas, and chemical sectors remained sluggish. Newer stocks, large financials, and real estate stocks gained strength.

Today, the large financial, innovative medicine, and Hong Kong consumer sectors performed strongly, with related ETFs leading the gains:

Large Financial Sector: E Fund Hong Kong Securities ETF (513090) rose 3.18%, E Fund Securities & Insurance ETF (512070) increased 2.65%, Hong Kong Stock Connect Non-bank ETF (513750) up 2.16%, Penghua Securities ETF (159993) up 2.11%, forming a link with the newer stocks and real estate sectors.
Innovative Medicine and Healthcare Sector: Hang Seng Innovative Medicine ETF (520500) increased 2.25%, East Money Innovation Medicine ETF (159622) up 2.24%, Hong Kong Stock Connect Healthcare ETF (520510) rose 2.16%, Guotai Sci-tech Innovation Medicine ETF (589720) up 2.15%, Tianhong Innovation Medicine ETF (517380) increased 2.07%.
Hong Kong Consumer Sector: Hong Kong Stock Connect Consumer ETF (513070) rose 2.24%.

Today, value style, communication equipment, and agriculture sectors experienced deep corrections, with significant declines in related ETFs:

Value Style Sector: China Merchants Deep Value ETF (159913) plummeted 8.50%, leading the market decline.
Communication Equipment Sector: Communication Equipment ETF (159583) down 2.93%, Harvest Communication ETF (159695) down 2.80%, ETF (515880) down 2.78%, echoing declines in concepts like CPO and optical communications.
Agriculture and Agricultural Products Sector: Grain ETF (159698) fell 2.57%, Methyl Soybean Meal ETF (159985) down 2.34%.
Other sectors: State-owned Enterprise 50 ETF (563060) down 2.34%, STAR Market 200 ETF (588230) down 2.18%, Coal ETF (515220) down 2.10%, Huabao Artificial Intelligence ETF (159363) down 2.03%.

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