Afternoon turnover in broad-based China ETFs expanded sharply. E Fund ChiNext ETF (159915), ChinaAMC Sci‑Tech Innovation 50/STAR 50 ETF (588000) and Huatai‑PineBridge CSI 300 ETF (510300) each saw trading value top CNY 10bn. China Southern CSI 1000 ETF (512100), China Southern CSI 500 ETF (510500), Huatai‑PineBridge A500 ETF (563360), China Southern A500 ETF (159352) and HuaAn ChiNext 50 ETF (159949) have all already exceeded yesterday’s full-day turnover.

State Administration of Foreign Exchange deputy director Li Bin said exchange rates are set by market supply and demand and are difficult to predict. He warned renminbi two‑way volatility has strengthened in recent years and urged corporates to adopt an FX risk‑neutral approach, proactively manage currency exposures and minimize volatile swings’ impact on operations and financials. SAFE said it will work with relevant departments and financial institutions to promote the risk‑neutral concept, guide firms to monitor market changes, raise hedging awareness and improve autonomous decision‑making.

中国上证综指7月16日（周四）收盘下跌73.17点，跌幅：1.85%，报3882.41点； 中国深证成指7月16日（周四）收盘下跌290.74点，跌幅：1.97%，报14488.65点； 中国沪深300指数7月16日（周四）收盘下跌88.35点，跌幅：1.85%，报4698.43点； 中国创业板指数7月16日（周四）收盘下跌112.25点，跌幅：2.95%，报3692.46点； 中国科创50指数7月16日（周四）收盘下跌77.39点，跌幅：4.02%，报1846.88点。