On the afternoon of December 30, Hong Kong-listed hard tech stocks advanced against the broader market trend, with Maifu Shi and Innoscience rising over 11%, Ubtech gaining over 9%, 4Paradigm increasing over 6%, and SMIC surging more than 4%. The first-ever ETF focused on the "Hong Kong stock chip" industry chain, the Hong Kong Information Technology ETF (159131), oscillated higher in the afternoon session, currently up 1.89% with real-time turnover exceeding 57 million yuan.
On the news front, SMIC's acquisition of shares in its subsidiary SMIC Northern has reached a new milestone. The company plans to issue 547 million shares to five shareholders of SMIC Northern, including the National Integrated Circuit Industry Investment Fund, to acquire their 49% equity stake. Upon completion of the transaction, SMIC will hold 100% of SMIC Northern, making it a wholly-owned subsidiary. Concurrently, SMIC Southern, another SMIC entity, entered into a new joint venture contract and a capital increase agreement with multiple investors. According to the agreement, SMIC Southern will receive a total cash injection of $7.778 billion.
Industry insiders believe that following this capital operation by SMIC, domestic chips may usher in development opportunities, particularly for semiconductor equipment and domestic AI infrastructure. This move signals positive prospects for future capital expenditure in related process technologies, while also demonstrating the company's commitment to strengthening control over core manufacturing segments and enhancing the self-sufficiency level of domestic chips.
Aiming directly at the super-cycle for Hong Kong chip stocks! An ETF tracking the Hong Kong stock chip industry chain, eligible for T+0 trading, has arrived—the first of its kind in the entire market, the Hong Kong Information Technology ETF (159131). Its underlying index is composed of "70% hardware + 30% software," heavily weighted in Hong Kong-listed "semiconductor + electronics + computer software" stocks. It covers 42 hard tech companies listed in Hong Kong, with SMIC holding a weight of 20.48%, Xiaomi Corporation-W at 9.53%, and Hua Hong Semiconductor at 5.80%. The ETF excludes large-cap internet companies like Alibaba, Tencent, and Meituan, offering sharper focus and easier capture of the Hong Kong AI hard tech rally. (Data as of November 30, 2025)
Data source: China Securities Index Company, Shanghai and Shenzhen Stock Exchanges. Note: "First in the entire market" refers to the first ETF tracking the CSI Hong Kong Stock Connect Information Technology Composite Index. The index sets a maximum single constituent weight limit of 15%; however, weightings may fluctuate with market capitalization changes, potentially exceeding 15% at times. Index constituents are reviewed semi-annually, at which point single constituent weights are generally rebalanced to the 15% limit. Recent market volatility may be significant, and short-term price movements do not indicate future performance. Investors must make rational investment decisions based on their own financial situation and risk tolerance, paying close attention to position and risk management.
Risk Warning: The Hong Kong Stock Connect Information Technology ETF passively tracks the CSI Hong Kong Stock Connect Information Technology Composite Index, which has a base date of November 14, 2014, and was launched on June 23, 2017. The index constituents mentioned are for illustrative purposes only; individual stock descriptions do not constitute investment advice in any form, nor do they represent the holdings or trading activities of any fund managed by the fund manager. This product is issued and managed by Huabao Fund. Distributors are not responsible for the investment, redemption, or risk management of the product. Investors should carefully read the "Fund Contract," "Prospectus," "Fund Product Summary," and other legal fund documents to understand the fund's risk-return characteristics and select a product suitable for their own risk tolerance. Past fund performance does not predict future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Fund investment carries risks! The fund manager assesses this fund's risk level as R4 - Medium-High Risk, suitable for Aggressive (C4) and higher investor types. Distributors (including the fund manager's direct sales channels and other distributors) evaluate the fund's risk according to relevant laws and regulations. Investors should promptly review the appropriateness opinions provided by distributors and base their decisions on the matching results. Appropriateness opinions from different distributors may not necessarily be consistent, and the risk rating results provided by fund distributors shall not be lower than the risk rating assessed by the fund manager. Differences may exist between the fund's risk-return characteristics described in the fund contract and its risk rating due to different consideration factors. Investors should understand the fund's risk-return profile and carefully select fund products based on their own investment objectives, time horizon, investment experience, and risk tolerance, assuming investment risks independently. The China Securities Regulatory Commission's registration of this fund does not indicate a substantive judgment or guarantee of its investment value, market prospects, or returns. Funds carry risks; investment requires caution.
The MACD golden cross signal has formed, and these stocks are performing well!
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