STOCKS | China Satellite ETFs Jump as One Fund Sees About $292 Million in Net Subscriptions

China’s A-share commercial space sector surged on July 10, lifting multiple satellite-themed ETFs. According to Jin10, satellite ETFs posted broad gains by the close: GF Satellite ETF, Fullgoal Satellite ETF, and Southern General Aviation ETF each rose more than 8%, while E Fund Satellite ETF, Penghua Satellite ETF, and China Merchants Satellite ETF gained more than 7%. The report also cited the latest ETF subscription data showing inflows into the theme. Wind data showed that Yongying Satellite ETF recorded net subscriptions of 2.094 billion yuan on July 10. Net subscriptions for Fullgoal Satellite ETF, E Fund Satellite ETF, and GF Satellite ETF each exceeded 300 million yuan.