Shanghai-Shenzhen Stock Connect ETF Daily: Innovative Drug ETFs Surge Over 5.3% as Rare Metals and Biopharma Sectors Rally
On March 27, 2026, the Shanghai-Shenzhen Stock Connect ETF market exhibited a rotational pattern, characterized by a strong rebound in innovative drug and rare metals sectors, while communication and power sectors experienced modest pullbacks.
Market gains were highly concentrated in the innovative drug and rare metals industry chains. The Innovative Drug ETF managed by E Fund (516080.SH) rose 5.39%, leading the gains; the Innovative Drug ETF managed by Yinhua Fund (159992.SZ) gained 5.17%; and the Innovative Drug ETF managed by GF Fund (515120.SH) rose 5.00%.
The rare metals theme also performed notably well, with the Rare Metals ETF managed by Harvest Fund (562800.SH) rising 5.02%, the Rare Metals ETF managed by GF Fund (159608.SZ) gaining 4.62%, and the Rare Metals ETF managed by ICBCUBS Fund (159671.SZ) rising 4.58%. The biopharma sector collectively strengthened, with the Biopharma ETF managed by Guotai Asset (512290.SH) rising 3.91%, the Biopharma ETF managed by CUAM (159839.SZ) gaining 3.90%, the Biotech ETF managed by E Fund (159837.SZ) rising 3.71%, and the Pharmaceutical 50 ETF managed by Fullgoal Fund (515950.SH) gaining 3.53%.
Top 10 Gainers Among Shanghai-Shenzhen Stock Connect ETFs |
|||||
|
Rank |
Code |
Name |
Change (%) |
Underlying Index |
Fund Manager |
|
1 |
516080.SH |
E Fund Innovative Drug ETF |
5.39 |
CSI Innovative Drug Index |
E Fund |
|
2 |
159992.SZ |
Yinhua Innovative Drug ETF |
5.17 |
CSI Innovative Drug Index |
Yinhua Fund |
|
3 |
562800.SH |
Harvest Rare Metals ETF |
5.02 |
CSI Rare Metals Industry Index |
Harvest Fund |
|
4 |
515120.SH |
GF Innovative Drug ETF |
5.00 |
CSI Innovative Drug Index |
GF Fund |
|
5 |
159608.SZ |
GF Rare Metals ETF |
4.62 |
CSI Rare Metals Industry Index |
GF Fund |
|
6 |
159671.SZ |
ICBCUBS Rare Metals ETF |
4.58 |
CSI Rare Metals Industry Index |
ICBCUBS |
|
7 |
512290.SH |
Guotai Biopharma ETF |
3.91 |
CSI Biomedicine Index |
Guotai Asset |
|
8 |
159839.SZ |
CUAM Biopharma ETF |
3.90 |
Biopharma Index |
CUAM |
|
9 |
159837.SZ |
E Fund Biotech ETF |
3.71 |
CSI Biotech Index |
E Fund |
|
10 |
515950.SH |
Fullgoal Pharmaceutical 50 ETF |
3.53 |
Pharmaceutical 50 Index |
Fullgoal Fund |
|
Source: Wind / NewTimeSpace Research Institute as of March 27, 2026 |
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On the downside, communication, power, and banking sectors experienced modest pullbacks, with overall declines relatively limited. The Communication ETF managed by Yinhua Fund (159994.SZ) fell 1.34%, recording a relatively larger decline; the Power ETF managed by Huatai-PineBridge Fund (561560.SH) declined 1.04%; the Power ETF managed by GF Fund (159611.SZ) fell 1.01%; the Bank ETF managed by E Fund (516310.SH) declined 0.61%; the Communication ETF managed by ChinaAMC (515050.SH) fell 0.59%; the TMT50 ETF managed by CMFChina (159909.SZ) declined 0.56%; the ChiNext AI ETF managed by Southern Fund (159382.SZ) and the Bank ETF managed by Southern Fund (512700.SH) both declined 0.53%; the Bank ETF managed by Hwabao WP Fund (512800.SH) fell 0.50%; and the ChiNext and STAR Board 50 ETF managed by Tianhong Asset (159603.SZ) declined 0.49%.
Top 10 Losers Among Shanghai-Shenzhen Stock Connect ETFs |
|||||
|
Rank |
Code |
Name |
Change (%) |
Underlying Index |
Fund Manager |
|
1 |
159994.SZ |
Yinhua 5G Communication ETF |
-1.34 |
CSI 5G Communication Index |
Yinhua Fund |
|
2 |
561560.SH |
Huatai-PineBridge Power ETF |
-1.04 |
CSI All-Share Electric Utilities Index |
Huatai-PineBridge |
|
3 |
159611.SZ |
GF Power ETF |
-1.01 |
CSI All-Share Electric Utilities Index |
GF Fund |
|
4 |
516310.SH |
E Fund Bank ETF |
-0.61 |
CSI Bank Index |
E Fund |
|
5 |
515050.SH |
ChinaAMC 5G Communication ETF |
-0.59 |
CSI 5G Communication Index |
ChinaAMC |
|
6 |
159909.SZ |
CMS TMT50 ETF |
-0.56 |
SZSE TMT50 Index |
CMFChina |
|
7 |
159382.SZ |
China Southern ChiNext AI ETF |
-0.53 |
SZSE ChiNext AI Index |
China Southern Fund |
|
8 |
512700.SH |
China Southern Bank ETF |
-0.53 |
CSI Bank Index |
Southern Fund |
|
9 |
512800.SH |
Hwabao WP Bank ETF |
-0.50 |
CSI Bank Index |
Hwabao WP Fund |
|
10 |
159603.SZ |
Tianhong ChiNext and STAR Board 50 ETF |
-0.49 |
CSI STAR & ChiNext 50 Index |
Tianhong Asset |
|
Source: Wind / NewTimeSpace Research Institute as of March 27, 2026 |
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Overall, the market on March 27 exhibited a rotational pattern characterized by innovative drugs and rare metals sectors leading the gains, while communication and power sectors experienced modest consolidation. According to NewTimeSpace Research Institute data, sectors such as innovative drugs, rare metals, and biopharma gained market favor, forming a notable sector rotation effect. In contrast, communication, power, and banking sectors, which had previously performed relatively steadily, saw mild pullbacks.
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