Midday ETF Review: AI Hardware Slumps, Robot ETF Gains 2% as ChiNext Turnover Hits RMB8.7B

Midday ETF trading showed a split. AI hardware names resumed a sharp correction, with the Hong Kong Stock Connect Technology ETF down 5%. The Robot ETF rose 2% against the trend, and the ChiNext ETF recorded turnover of RMB8.7 billion, indicating active trading. On the sector level, humanoid robots, home appliances, brokerages and telecom outperformed. Industrial and Commercial Bank of China set a new record high, helping the banking sector remain stable. The moves point to rotational trading between growth and defensive areas, as weakness in AI hardware contrasted with renewed interest in robotics and other thematic products. The benchmark’s midday snapshot underscored how quickly sentiment has shifted within technology-related ETFs. Liquidity remained concentrated in headline growth products, and market participants were watching whether the turnover recovery can persist through the afternoon session.