The A-share market resumed its upward trend today (March 5th). The hard-tech broad-based ETF covering leading high-growth companies from the STAR Market and ChiNext—双创龙头ETF (588330)—was active in early trading, with its price surging over 3.7% at one point. It is currently up 3.28%, having reclaimed its 5-day moving average during the session. Data from the Shanghai Stock Exchange shows the ETF attracted net inflows of 9.22 million yuan yesterday.
Among its constituents, optical module leader Eoptolink Technology Inc.,Ltd. led gains, rising over 11% and receiving net main fund inflows exceeding 4.5 billion yuan, topping the A-share fund inflow ranking. Additionally, Nexchip Semiconductor Corporation rose over 7%, while VeriSilicon Microelectronics (Shanghai) Co., Ltd. and Zhongji Innolight Co., Ltd. gained over 6%. Stocks such as Piotech Inc., Bocon Optical Fiber Communication Co., Ltd., Advanced Micro-Fabrication Equipment Inc. China, and Cambricon Technologies Corporation Limited also followed with increases.
On the news front, the NVIDIA GTC conference is scheduled for March 16-19, 2026. As a bellwether in the global AI computing power sector, this conference will reveal core parameters of the next-generation GPUs, including Rubin and "Feiman," and showcase technological breakthroughs and commercialization progress in computing infrastructure areas like CPO switches, power architectures, and liquid cooling systems.
Guojin Securities expressed optimism regarding AI-PCB and core computing hardware, recommending continued focus on new technology innovation directions highlighted at the GTC conference. The number of ASICs from Google, Amazon, Meta, Open AI, and Microsoft is expected to see explosive growth during 2026-2027. Strong AI demand is driving both prices and volumes higher for PCBs. Currently, many AI-PCB companies report robust orders, operating at full capacity with strong sales, and are actively expanding production, suggesting sustained high earnings growth is likely.
[Exploring New Quality Productive Forces, Investing in China's Version of the "Nasdaq"] The hard-tech broad-based ETF—双创龙头ETF (588330) and its corresponding feeder fund (Class A: 013317 / Class C: 013318)—track an index that selects the top 50 listed companies by market capitalization in strategic emerging industries from the STAR Market and ChiNext, encompassing popular themes like optical modules, semiconductors, and photovoltaic equipment. Furthermore, this ETF is eligible for margin trading and is included in the Stock Connect program, making it an efficient tool for gaining exposure to new quality productive forces.
It is noteworthy that the underlying index of 双创龙头ETF (588330) achieved the title of "2025 Broad-Based Index Performance Leader," having accumulated a gain of 60.86% year-to-date, outperforming other major broad-based indices such as the ChiNext 50 (57.45%), ChiNext Index (49.57%), STAR Market Composite Index (46.30%), and SSE STAR Market 50 Index (35.92%).
ETF Fee Information: 双创龙头ETF does not charge a sales service fee. Subscription and redemption agents may charge a commission of up to 0.5%, which includes relevant fees levied by stock exchanges and registration institutions. On-market trading fees are subject to the rates set by securities firms.
Feeder Fund Fee Information: For the Hua Bao China Securities STAR and ChiNext 50 ETF Feeder Fund (Class A), the subscription fee rate is 1,000 RMB per transaction for subscription amounts of 2 million RMB or more; 0.6% for amounts between 1 million RMB (inclusive) and 2 million RMB; and 1% for amounts below 1 million RMB. The redemption fee rate is 1.5% for holding periods under 7 days; 0.1% for holding periods between 7 days (inclusive) and 30 days; and 0% for holding periods of 30 days (inclusive) or more. No sales service fee is charged. The Hua Bao China Securities STAR and ChiNext 50 ETF Feeder Fund (Class C) does not charge a subscription fee. The redemption fee rate is 1.5% for holding periods under 7 days, and 0% for holding periods of 7 days (inclusive) or more. A sales service fee of 0.3% is applied.
Risk Disclosure: 双创龙头ETF passively tracks the CSI STAR and ChiNext 50 Index. The index base date is December 31, 2019, and it was launched on June 1, 2021. The index's annual performance for 2020-2024 was: +86.90%, +0.37%, -28.32%, -18.83%, +13.63% respectively. The index constituents are adjusted according to its compilation rules, and its historical backtested performance is not indicative of future results. The mention of index constituents herein is for illustrative purposes only; descriptions of individual stocks are not intended as investment advice in any form and do not represent the holdings or trading activities of any fund managed by the fund manager. The fund manager assesses the risk rating of 双创龙头ETF as R4 - Medium-High Risk, suitable for aggressive (C4) and higher risk-profile investors. The appropriateness assessment opinion should be based on the selling institution's evaluation. Any information appearing in this article (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only, and investors are responsible for any independent investment decisions. Furthermore, any views, analysis, or predictions herein do not constitute investment advice of any kind to the reader, and no liability is accepted for any direct or indirect losses arising from the use of this content. Fund investment carries risks; past performance of a fund does not guarantee future results, and the performance of other funds managed by the fund manager does not constitute a guarantee of the fund's future performance. Fund investment should be approached with caution.
A MACD golden cross signal has formed, indicating positive momentum for these stocks!
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