【期货热点追踪】散户卖猪意愿增强、集团厂中下旬放量；边际供应集中兑现，生猪期货大幅低开下跌！点击阅读。

A $1.8 trillion rally that lifted Asian chipmakers into the top tier of global stocks is reversing, prompting investors to cut exposure and flagging concentration risk in the MSCI Emerging Markets index. Fidelity International and BlackRock said they question the sustainability of rallies in names including SK Hynix and Samsung Electronics. Over the past six months the three largest chip firms’ combined market cap has nearly doubled and now represents about 29% of the MSCI EM index, larger than most single-country weights. Fidelity multi-asset PM Caroline Shaw warned index concentration and a sharp rise in leveraged bets on Korean chip names that amplify price swings are warning signs. The trio’s weight is roughly three times the total weight of all India stocks in the index, and SK Hynix alone exceeds the combined weight of Brazil and South Africa. BlackRock Investment Institute global chief investment strategist Wei Li said volatility in large chip and memory names has prompted the firm to take profits at this stage and trim its EM overweight versus the benchmark.

China A-share brokerage sector jumped intraday; Zhongtai Securities rose over 6%, with Tianfeng Securities, Changjiang Securities, Huaxin Shares and Founder Securities also higher.