[Market Insights] Rare Earth ETF Trading Volume Soars, Multiple Sources of Funds Join Hands to Sell Off Baili Electric

The total trading volume of Shanghai-Shenzhen Stock Connect today was RMB 143.208 billion, with China Merchants Bank and CATL ranking first in terms of individual stock trading volume on the Shanghai Stock Connect and Shenzhen Stock Connect, respectively. In terms of the most-traded contract’s open interest by sector, the non-bank financial sector saw the highest net inflow of open interest. In terms of ETF trading volume, the Hong Kong Stock Exchange Innovative Drug ETF (513120) ranked first. In terms of the most-traded futures contracts’ open interest, the number of short positions reduced in the IC contract exceeded that of long positions. On the Dragon Tiger List, Anglikang received RMB 235 million in purchases from institutions; Limin Chemical received RMB 105 million in purchases from institutions; Royal Silver was sold off by institutions for RMB 115 million; China Superconductor was sold off by institutions for over RMB 60…