CSI STAR-CHINEXT 50 ETF Turnover Up 40% to RMB1.837 Billion; Tianhong Fund Jumps 1433%
ETFs tracking the CSI STAR-CHINEXT 50 index logged combined turnover of RMB1.837 billion on the day, up 40% from the prior session. Tianhong's fund (159603) surged 1433.28% to RMB272 million, while E Fund's (159781) rose 25.88%. The average gain across such ETFs was 1.68%.
ETFs tracking the CSI STAR-CHINEXT 50 index recorded combined turnover of RMB1.837 billion today, an increase of RMB525 million from the previous trading session, representing a 40.00% rise.
By product, Tianhong CSI STAR-CHINEXT 50 ETF (159603) posted turnover of RMB272 million, up RMB254 million from the prior session, a surge of 1433.28%. E Fund CSI STAR-CHINEXT 50 ETF (159781) saw turnover of RMB722 million, up 25.88%. Huabao Dual Innovation Leader ETF (588330) recorded RMB122 million, an increase of 80.59%.
Ranked by turnover growth, Tianhong CSI STAR-CHINEXT 50 ETF (159603) and Xingyin CSI STAR-CHINEXT 50 ETF (588660) led with gains of 1433.28% and 168.46%, respectively. China AMC CSI STAR-CHINEXT 50 ETF (159783) posted turnover of RMB213 million, up 9.95%; Southern CSI STAR-CHINEXT 50 ETF (159780) reached RMB174 million, up 9.16%; Fullgoal CSI STAR-CHINEXT 50 ETF (588380) fell 12.21% to RMB103 million; and GF CSI STAR-CHINEXT 50 Enhanced Strategy ETF (588320) declined 3.96%.
At the close, ETFs tracking the CSI STAR-CHINEXT 50 index gained an average of 1.68% on the day. Among them, the Shuangchuang 50 (159782) rose 1.87%, Founder Fubon STAR-CHINEXT 50 ETF (588310) added 1.82%, China Merchants CSI STAR-CHINEXT 50 ETF (588300) advanced 1.80%, and Bosera CSI STAR-CHINEXT 50 ETF (588390) and Harvest CSI STAR-CHINEXT 50 ETF (588400) gained 1.80% and 1.75%, respectively.