During the morning session on April 7th, chip stocks experienced notable activity, with the Huabao Shanghai Sci-Tech Innovation Board Chip ETF (589190) climbing as much as 2.7% intraday. Among its constituent stocks, Shengke Communications-U and Lianyungang Technology both soared over 11%, while the heavyweight leader Cambricon Technologies Corporation Limited saw an intraday increase exceeding 8%.
The semiconductor industry's growth momentum continues to strengthen. According to disclosed data, the overall revenue and net profit growth rates for A-share semiconductor companies in 2025 are projected to accelerate further compared to 2024, with several core firms reporting outstanding performance. Concurrently, driven by explosive demand for AI computing power, increased production of advanced process nodes, and growing needs for advanced packaging, the semiconductor equipment sector is widely considered to have reached an inflection point of high growth.
Guangfa Securities noted that in recent years, led by new technologies like AI, the semiconductor industry has exhibited the following trends: the increasing penetration and demand growth for new technologies and products in areas such as automotive electronics, new energy, the Internet of Things, big data, and artificial intelligence are key drivers for the sector's expansion. Additionally, the push for domestic production continues, making the accelerated development of domestic wafer manufacturing and its supporting industrial chain essential.
Shenwan Hongyuan Securities highlighted that exports in the semiconductor field serve as significant evidence, with export value surging 72.6% year-over-year to $43.3 billion in the first two months of 2026, accompanied by a price increase of over 50% compared to the same period last year. The adoption of domestic supply and architectural innovations for the computing foundation, such as the RISC-V open-source architecture, shows weak correlation with overseas restrictions. Chinese AI companies are offering semi-customized solutions involving "foundation models + industry customization + system integration," deeply embedding themselves into customer business processes, achieving comprehensive industry penetration, and leading in commercial implementation.
The Huabao Shanghai Sci-Tech Innovation Board Chip ETF (589190) and its feeder funds (Feeder A: 021224, Feeder C: 021225) passively track the Sci-Tech Innovation Board Chip Index. The top ten holdings by weight in this index are SMIC, Hygon Information, Cambricon Technologies, Montage Technology, Advanced Micro-Fabrication Equipment, VeriSilicon Microelectronics, Biwin Storage, Tuojing Technology, Yuanjie Semiconductor Technology, and Huahong Company.
Data is sourced from the Shanghai and Shenzhen Stock Exchanges and public information.
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A MACD golden cross signal has formed, indicating positive momentum for these stocks.
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