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GEM ETFs collectively exploded, and GEM ETFs once surged over 19% at one point.
On September 27th, Jin10 Data reported that the ChiNext Index expanded its rise to 8% during the intraday session, driving a collective surge in ChiNext-related ETFs. At one point, the ChiNext ETFs, including ChinaAMC ChiNext ETF (159956), Penghua SSE Securities ChiNext 50 ETF (159681), E Fund ChiNext 50 ETF (159949), E Fund ChiNext ETF (159682), and China Universal ChiNext ETF (159971), all rose by more than 7%, with the ChinaAMC ChiNext ETF surging by over 19%, and the Penghua SSE Securities ChiNext 50 ETF surging by as much as 17%.