Afternoon Rebound: Broad-Based ETFs See Volume Surge as E Fund ChiNext ETF Tops 8.8 Billion Yuan and China AMC STAR 50 ETF Exceeds 7.7 Billion Yuan

Deep News10-13

On October 13, during the afternoon session, the Shanghai Composite Index was the first to turn positive after falling more than 1% in early trading.

The Shenzhen Component Index and the ChiNext Index subsequently turned positive as well, with the ChiNext Index having dropped more than 3% at one point in the morning session.

Broad-based ETFs saw a surge in trading volume, with E Fund ChiNext ETF exceeding 8.8 billion yuan in turnover, China AMC STAR 50 ETF surpassing 7.7 billion yuan, and Huatai-PineBridge CSI 300 ETF topping 4.4 billion yuan.

A MACD golden cross signal has formed, and these stocks are performing well.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment