After the U.S. midterm elections, three major categories of overseas stock ETFs rebounded the most

The Democratic Party's victory in the U.S. midterm elections has tightened the review of new data centers, which has impacted the planned AI data centers across the United States. This has also caused U.S. technology stocks to plummet sharply after the election. As the market's bearish sentiment eased, stock prices rebounded strongly. Three major categories of overseas stock ETFs have rebounded the most this week, including: space satellite industry, technology semiconductor industry, and gold resources industry.

According to legal analysis, in addition to the early corrections in these industries in the past few months, the short-term decline has been deep, and the demand for bargain hunting has emerged. In addition, the promising long-term prospects of the industry have pushed up the relevant targets to counterattack strongly.

According to CMoney statistics, the 10 overseas stock ETFs with the strongest rebound this week rose by more than 7%, with the top three rising by more than 10%, including: First Gold Space Satellite (00910) rose by 17.55%, CITIC Japan and Korea PCB (009828) rose by 11.60%, and Yuanta Global 5G (00876) rose by 10.46%. The most eye-catching performances.

First Gold Space Satellite ETF manager Zeng Wansheng explained that in the face of headwinds for the development of the data center industry brought about by the Democratic Party's winning stocks, SpaceX founder Musk optimistically predicted that this would in turn help accelerate the development of data centers in space, as ground data centers face serious power supply and environmental challenges. Due to the ongoing discussions, local political resistance, etc., some funds and industry focus have turned to space concept stocks such as space infrastructure and satellite communications, bringing new vitality and long-term valuation improvement to the space industry. The development of AI computing power in space orbit may accelerate, which has also led to the recent strong rebound in the stock price of the space satellite industry.

Zeng Wansheng specifically pointed out that the most recent component stock adjustment was in September this year, when it included a number of newly listed space satellite concept stocks this year, among which the heavyweight target was SpaceX. The world sends a total of about 3,000 tons of satellites into earth orbit every year, and SpaceX accounts for 2,700 tons, accounting for 90% of the carrying capacity. As SpaceX advances the starship project, it will fully recycle and test flight, including the first-stage thruster and the second-stage spacecraft. If the recycling is successful, it will help future commercial energy.

According to legal analysis, many constituent stocks of the Solactive Space Satellite Index have corrected by more than 50% after the previous sharp decline in stock prices, and long-term value investment buying points have emerged. Investors may wish to lock in the diversified allocation of space satellite ETFs, deploy in batches at bargain hunting, or adopt regular fixed quotas for long-term investment to lock in the growth dividends of the space satellite industry.

The First Gold Space Satellite ETF tracks investment in the Solactive Space Satellite Index. Through AI natural language model screening, the constituent stocks are adjusted every six months, and 30 stocks are allocated with equal weights. It currently focuses on the space industry, including: rocket manufacturing and space facilities, satellite equipment and communication services, key space components and ground equipment, as well as rocket launches and space transportation tourism.