ETF Morning Review | A-shares rebound across the board, with the technology sector leading the gains. The Sci-Tech Innovation Drug ETF and the Guotai, Hang Seng Innovation Drug ETF both rose by 4%.

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Gelonghui, March 10 | The Shanghai Composite Index rose 0.39% at midday, and the ChiNext Index increased by 2.47%. Technology stocks rebounded across the board, with over 4,300 stocks gaining. The computing hardware industry led the rally, with CPO and circuit board sectors showing the largest gains. Innovative drugs, humanoid robots, consumer electronics, cybersecurity, semiconductors, and AI application concept stocks performed strongly. Oil & gas, coal, and chemical sectors all experienced declines.

Today, the innovative drug, semiconductor, and engineering machinery sectors performed strongly, with related ETFs leading the gains:
Innovative drug sector: Guotai Innovation Drug ETF (589720) up 4.75%, Hang Seng Innovation Drug ETF (520500) up 4.12%, Huatai Hong Kong Stock Connect Innovation Drug ETF (159570) up 3.84%, Huabao Hong Kong Stock Connect Innovation Drug ETF (520880) up 3.77%, E Fund Hong Kong Stock Connect Innovation Drug ETF (159316) up 3.73%, Hong Kong Stock Connect Innovation Drug ETF (513120) up 3.68%, Invesco Hong Kong Stock Connect Innovation Drug ETF (513780) up 3.60%, Hang Seng Healthcare ETF (159892) up 3.49%.
Semiconductor sector: Korea-China Semiconductor ETF (513310) up 4.16%, moving in tandem with the computing hardware industry chain.
Engineering machinery sector: Engineering Machinery ETF (560280) up 3.83%, driven by themes like humanoid robots.

Today, energy, chemical, oil & gas, and coal sectors saw deep declines, with related ETFs dropping significantly:
Energy & chemical sector: China Construction Bank Energy & Chemical ETF (159981) plummeted 7.85%, leading the market decline.
Oil & gas sector: CSI Oil & Gas ETF (159518) down 5.79%, GF Energy ETF (159945) down 4.11%, Energy ETF (159930) down 3.59%, Petroleum ETF (561360) down 3.46%, Penghua Petroleum ETF (159697) down 3.30%, Huatai Hong Kong Stock Connect Oil & Gas ETF (159309) down 3.02%, Sinopec ETF (159731) down 1.92%.
Coal and state-owned enterprise sectors: China Coal ETF (515220) down 2.35%, Southern China State-Owned Enterprise ETF (517180) down 1.52%.

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