Intense capital competition, some Hong Kong stock thematic ETF turnover rate continuously exceeds 100%.

On August 19, the Hang Seng Index fluctuated downward, with funds playing between different industries in the Hong Kong stock market and related themed ETFs trading actively. By the close, the E Fund CSI Hong Kong Connect Healthcare Theme ETF fell by 2.72%, with a high turnover rate of 125.28%, a trading volume of 4.03 billion yuan, far exceeding the size of the ETF product of 3.2 billion yuan.