Shanghai-Shenzhen Stock Connect ETF Daily: Alcoholic Drink ETF Surges 5%! Biopharma Sector Erupts, STAR Market Semiconductors Plunge Over 7%

On July 15, 2026, the alcoholic drink and biopharma sectors led the Shanghai-Shenzhen Stock Connect ETF market. The Penghua CSI Alcoholic Drink Index ETF (512690.SH) rose 5.05%, while the Tianhong CNI BIOMEDICINE ETF (159859.SZ) gained 4.68%; the ChinaAMC China Science And Technology Innovation Board Semiconductor Material Equipment Theme ETF (588170.SH) fell 7.65%, with semiconductor equipment and chip ETFs generally declining over 5.9%. NewTimeSpace monitoring shows that the extreme rotational pattern of strength in the consumer sector and sustained heavy losses in semiconductors was pronounced.

On July 15, 2026, the Shanghai-Shenzhen Stock Connect ETF market exhibited a pattern of broad-based strength in consumer sectors such as alcoholic drinks, biopharma, innovative drugs, medical services, and food and beverage, while technology sectors including STAR Market semiconductors, semiconductor equipment, and chips once again encountered heavy selling pressure.

The alcoholic drink and biopharma themes performed strongly for the day. The Penghua CSI Alcoholic Drink Index ETF (512690.SH) rose 5.05%, leading the gains. Multiple biopharma and innovative drug products surged collectively: the Tianhong CNI BIOMEDICINE ETF (159859.SZ) rose 4.68%; the E Fund CSI Innovative Drugs ETF (516080.SH) rose 4.30%; the China Universal CNI BIOMEDICINE ETF (159839.SZ) rose 4.19%; the GF CSI Innovative Drugs Industry ETF (515120.SH) rose 4.11%; the GF CSI Medical Service ETF (560260.SH) rose 4.10%; the Hwabao WP CSI Medical Service ETF (512170.SH) rose 4.08%; the Guotai CSI Medical Service ETF (159828.SZ) rose 4.03%.

In addition, the ChinaAMC CSI Food & Beverage Sub-Industry ETF (515170.SH) rose 4.08%; the GF CSI Media Index ETF (512980.SH) rose 4.08%. Overall, the alcoholic drink, biopharma, and medical service directions formed a strong consumer sector linkage effect, with all top ten gainers rising more than 4%.

Top 10 Gainers Among Shanghai-Shenzhen Stock Connect ETFs

Rank

Code

Name

Change (%)

Underlying Index

Fund Manager

1

512690.SH

Penghua CSI Alcoholic Drink Index ETF

5.05

CSI Alcoholic Drink Index

Penghua Fund

2

159859.SZ

Tianhong CNI BIOMEDICINE ETF

4.68

CNI Biomedicine Index

Tianhong Fund

3

516080.SH

E Fund CSI Innovative Drugs ETF

4.30

CSI Innovative Drug Index

E Fund

4

159839.SZ

China Universal CNI BIOMEDICINE ETF

4.19

CNI Biomedicine Index

China Universal Fund

5

515120.SH

GF CSI Innovative Drugs Industry ETF

4.11

CSI Innovative Drug Index

GF Fund

6

560260.SH

GF CSI Medical Service ETF

4.10

CSI Medical Service Index

GF Fund

7

515170.SH

ChinaAMC CSI Food & Beverage Sub-Industry ETF

4.08

CSI Food & Beverage Sub-Industry Index

ChinaAMC

8

512980.SH

GF CSI Media Index ETF

4.08

CSI Media Index

GF Fund

9

512170.SH

Hwabao WP CSI Medical Service ETF

4.08

CSI Medical Service Index

Hwabao WP Fund

10

159828.SZ

Guotai CSI Medical Service ETF

4.03

CSI Medical Service Index

Guotai Asset

Source: Wind / NewTimeSpace Research Institute as of July 15, 2026

On the downside, the STAR Market semiconductor and semiconductor equipment sectors once again led the declines, with multiple related ETFs falling more than 6%. The ChinaAMC China Science And Technology Innovation Board Semiconductor Material Equipment Theme ETF (588170.SH) fell 7.65%, recording the largest decline; the GF CSI Semiconductor Material Equipment Theme ETF (560780.SH) fell 7.14%; the E Fund CSI Semiconductor Material Equipment Theme ETF (159558.SZ) fell 7.02%; the ChinaAMC CSI Semiconductor Material Equipment Theme ETF (562590.SH) fell 6.90%; the Guotai CSI Semiconductor Material Equipment Theme ETF (159516.SZ) fell 6.84%; the CPIC China Science And Technology Innovation Board Chip Design Theme ETF (588780.SH) fell 6.57%; the China Merchants CSI Semiconductor Industry ETF (561980.SH) fell 6.42%; the GF Guozheng Semiconductor Chip ETF (159801.SZ) fell 6.12%; the China Universal CSI Chip Industry ETF (516920.SH) fell 6.02%; the Harvest SSE STAR Chip Index ETF (588200.SH) fell 5.91%. STAR Market semiconductor, semiconductor equipment, and chip products continued to encounter systemic selling pressure for the day, with all top ten losers declining more than 5.9%.

Top 10 Losers Among Shanghai-Shenzhen Stock Connect ETFs

Rank

Code

Name

Change (%)

Underlying Index

Fund Manager

1

588170.SH

ChinaAMC China Science And Technology Innovation Board Semiconductor Material Equipment Theme ETF

-7.65

STAR Market Semiconductor Materials and Equipment Index

ChinaAMC

2

560780.SH

GF CSI Semiconductor Material Equipment Theme ETF

-7.14

CSI Semiconductor Materials and Equipment Index

GF Fund

3

159558.SZ

E Fund CSI Semiconductor Material Equipment Theme ETF

-7.02

CSI Semiconductor Materials and Equipment Index

E Fund

4

562590.SH

ChinaAMC CSI Semiconductor Material Equipment Theme ETF

-6.90

CSI Semiconductor Materials and Equipment Index

ChinaAMC

5

159516.SZ

Guotai CSI Semiconductor Material Equipment Theme ETF

-6.84

CSI Semiconductor Materials and Equipment Index

Guotai Asset

6

588780.SH

CPIC China Science And Technology Innovation Board Chip Design Theme ETF

-6.57

STAR Market Chip Design Index

CPIC

7

561980.SH

China Merchants CSI Semiconductor Industry ETF

-6.42

CSI Semiconductor Industry Index

China Merchants Fund

8

159801.SZ

GF Guozheng Semiconductor Chip ETF

-6.12

CNI Semiconductor Chip Index

GF Fund

9

516920.SH

China Universal CSI Chip Industry ETF

-6.02

CSI Chip Industry Index

China Universal Fund

10

588200.SH

Harvest SSE STAR Chip Index ETF

-5.91

SSE STAR Chip Index

Harvest Fund

Source: Wind / NewTimeSpace Research Institute as of July 15, 2026

Overall, the Shanghai-Shenzhen Stock Connect ETF market on July 15, 2026 exhibited extreme strength-weakness switching between consumer and technology sectors. The alcoholic drink, biopharma, and medical service sectors received concentrated buying interest and led the gains; meanwhile, STAR Market semiconductors, semiconductor equipment, and chips—technology sectors—continued to face pressure for multiple consecutive days and once again plunged collectively. Market hotspots rapidly switched from the previous day's communication and resource cycle sectors to the alcoholic drink and biopharma consumer fields, while the technology sector continued its adjustment trend, with the pace of sector rotation remaining relatively fast.

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