On October 9, the market experienced a collective decline, with the ChiNext Index falling below the 3000-point mark and the STAR 50 Index dropping nearly 4% by midday.

The Shanghai Composite Index stood at 3,765.71 points, down 1.21%, while the Shenzhen Component Index was at 12,356.56 points, down 2.09%. The ChiNext Index was at 2,957.32 points, down 2.61%.

Several broad-based ETFs saw notably amplified trading volume during the morning session.

The ChinaAMC STAR 50 ETF (588000) recorded a morning turnover exceeding 6.835 billion yuan, and the E Fund ChiNext ETF (159915) saw turnover surpassing 5.336 billion yuan. Meanwhile, the Southern CSI 1000 ETF (512100) recorded turnover of more than 3.521 billion yuan, all showing significant volume increases compared to the previous morning.

The Huatai-PineBridge CSI 300 ETF (510300) registered turnover of 3.285 billion yuan.

Notably, the turnover of the Southern CSI 1000 ETF (512100) has already surpassed its full-day turnover from the previous day. MACD golden cross signals have formed, and these stocks are showing strong upward momentum!