July 21 — China’s semiconductor sector rallied through the morning. By about
13:20 local time multiple thematic ETFs were up more than 10%. Huaxia’s Sci‑tech
Semiconductor ETF, Penghua’s Sci‑tech Semiconductor Equipment ETF and E Fund’s
Semiconductor Equipment ETF all exceeded 10% gains; several products posted
Turnover ratios above 20% and trading activity intensified. Volumes expanded:
Guotai’s Semiconductor Equipment ETF logged turnover >CNY7.4 bln by 13:20, above
its prior trading-day full‑day turnover of CNY6.115 bln. Huaxia’s Sci‑tech
Semiconductor ETF recorded turnover >CNY6.7 bln, also surpassing the previous
day’s full‑day level.