as of August 4, 2023, the Shanghai Composite Index closed up 0.23 per cent at 3288.08 points, the Shenzhen Composite Index closed up 0.67 per cent at 11238.06 points, and the gem index closed up 0.95 per cent at 2263.37 points. the total turnover of the two cities was 1.05 trillion yuan.

industry heat, digital media performed brightly, up 4.39 per cent on the day, followed by communications services and computer equipment, up 4.00 per cent and 3.36 per cent respectively.

ETF, as of the close of the market, the top five products under Hua 'an Fund were Securities ETF Hua 'an (516200), Growth Enterprise Market 50ETF(159949), Digital Economy ETF(159658), Shanghai, Hong Kong and Shenzhen Technology ETF(517360) and New Energy 50ETF(516270), with increases of 1.28, 1.15, 1.05, 0.98 and 0.93 respectively.

As of the close, the Digital Economy ETF(159658) was up 1.05 percent, with the latest offer at $1.16. The closing turnover has reached 34.8643 million yuan, with a turnover rate of 10.39, and the market is actively traded.

Over a longer period of time, as of August 4, 2023, the Digital Economy ETF was up 2.66 percent in the past week.

over a long period of time, in the past 23 trading days, the total "gold absorption" was 19.4531 million yuan.

It is worth noting that the valuation of the CSI Digital Economy Theme Index tracked by the fund is at a historical low, with the latest price-to-book ratio PB of 6.45 times, which is lower than the index's more than 81.36 per cent in the past year, and the valuation is cost-effective.

digital economy ETF closely tracks the China securities digital economy theme index. the China securities digital economy theme index selects the securities of listed companies involving digital economy infrastructure and highly digitized application fields from the Shanghai and Shenzhen markets as index samples to reflect the overall performance of the securities of listed companies with digital economy theme in the Shanghai and Shenzhen markets.

data show that the top 10 heavyweights in the China securities digital economy theme index (931582) are oriental wealth (300059), haikangweishi (002415), Huichuan technology (300124), hkust xunfei (002230), SMIC (688981), weir shares (603501), zhaoyi innovation (603986), north huachuang (002371), Jinshan office (688111) and purple light country micro (002049), the top ten weighted stocks together accounted for 49.06 per cent.

China Merchants Securities said that last week the digital economy sector ushered in an important marginal change. The July high-level meeting followed the December Central Economic Work Conference to mention the digital economy. Combined with a series of recent digital economic policies, the industrial side of the policy is tilted towards the digital economy, from the introduction of the policy and the relevant departments of the draft, it is recommended to focus on industrial digitalization (smart cars), data elements and the letter-creation sector.