Today (January 21), the STAR Market surged significantly, and the ChiNext board also delivered a strong performance. The hard tech broad-based ETF covering leading high-growth companies from both the STAR Market and ChiNext board—双创龙头ETF (588330)—saw its on-exchange price surge over 3.1% intraday, currently up 2.51%.
In terms of constituent stocks, semiconductor leaders notably led the gains. Among the top 10 performing constituents of the 双创龙头ETF's underlying index, semiconductor leaders occupied seven spots. Among them, Loongson Technology Corporation Limited hit the 20% daily limit up, while Montage Technology and Hygon Information Technology rose over 13%. Companies such as VeriSilicon Microelectronics, SG Micro Corp, and Semiconductor Manufacturing International Corporation (SMIC) also followed with gains.
From a news perspective, looking globally, the AI sector has seen continuous catalysts recently: 1. TSMC's latest financial report significantly exceeded market expectations across various financial metrics and provided a "strong growth" revenue guidance for 2026, further signaling that the AI boom will persist. 2. Memory giant Micron Technology stated that due to surging demand for AI infrastructure construction, the shortage of memory chips continues, leading to tight supply of high-end semiconductors. Concurrently, the importance of advanced packaging technology has become prominent, emerging as a key link in enhancing computing power. 3. NVIDIA announced that its GB300 AI servers will commence large-scale deliveries in the second quarter of 2026. 4. OpenAI has reportedly invested tens of billions of dollars to purchase up to 750 megawatts of computing power over three years from AI chip producer Cerebras.
Focusing domestically, several significant policies related to artificial intelligence have been introduced. The Ministry of Industry and Information Technology stated that it will focus on implementing the "Implementation Opinions on the 'AI + Manufacturing' Special Action" to accelerate the high-quality development of the artificial intelligence industry; it will emphasize technological innovation and accelerate breakthroughs in key technologies such as training chips and heterogeneous computing power.
China Galaxy Securities pointed out that domestic AIDC (AI Data Center) bidding began to recover and showed an upward trend in the fourth quarter of 2025. In 2026, major domestic internet companies will accelerate data center deployment, potentially at a faster pace than in 2025. If accompanied by the resumed supply of H200 GPUs, which would boost large model training efficiency, this could further accelerate the implementation of AI applications and increase demand for domestic computing power chips on the inference side. Domestic computing power is expected to enter a new cycle.
Cinda Securities indicated that as AI demand continues to transmit upstream, orders and utilization rates across multiple segments are expected to see further growth. They recommend focusing on the volume and price increases in the semiconductor upstream sector driven by AI demand.
Central China Securities believes that in 2026, it is crucial to follow the policy direction suggested by the "15th Five-Year Plan" and seize the opportunity presented by the deep resonance between the global monetary easing cycle and the wave of industrial upgrading. They are optimistic about the main theme of technological innovation represented by artificial intelligence technology. Huaan Securities stated that industrial trends are undeniable, and technology remains the strongest investment theme.
[Exploring New Quality Productive Forces, Investing in the Chinese Version of "Nasdaq"] Pay attention to the four key characteristics of the 双创龙头ETF (588330) and its off-exchange feeder fund (Class A: 013317 / Class C: 013318): 1. Cross-market diversified allocation, 100% strategic emerging industries: The underlying index selects the 50 largest listed companies in strategic emerging industries from the STAR Market and ChiNext Board as index components, aggregating high-growth leaders and encompassing hot themes like new energy, photovoltaics, optical modules, semiconductors, and medical devices. Furthermore, this ETF is eligible for both [margin trading and short selling] and is a [Stock Connect] security, making it an efficient tool for a one-click allocation to new quality productive forces. 2. A "combat-ready" fund with a growth style, for one-click access to China's top tech: Against the backdrop of global tech competition, the importance of technological self-reliance and industrial chain autonomy has been elevated to new heights, making the "Chinese version of Nasdaq" imminent. 3. A high-beta tool to capture tech rallies, enabling low-threshold access to breakthrough forces: The underlying index has a 20% daily price fluctuation limit, allowing for faster rebounds and positioning it as a potential "rebound pioneer." Compared to direct investment in STAR Market and ChiNext Board stocks, ETF investment has a relatively lower threshold; based on current prices, one can start investing with less than 100 yuan. 4. The "little overlord" of hard tech broad-based ETFs, a strong offensive beta capturer: The underlying index of the 双创龙头ETF (588330) was crowned the "2025 Broad-Based Index Performance Champion," having accumulated a gain of 60.86% year-to-date, significantly outperforming major broad-based indices such as the ChiNext 50 (57.45%), ChiNext Index (49.57%), STAR Market Composite Index (46.30%), and STAR 50 (35.92%).
Risk Disclosure: The 双创龙头ETF and its feeder fund passively track the CSI STAR Market and ChiNext Board 50 Index. The base date for this index is December 31, 2019, and it was published on June 1, 2021. The index's annual performance from 2020 to 2024 was: +86.90%, +0.37%, -28.32%, -18.83%, and +13.63%, respectively. The index's constituent stocks are adjusted according to its compilation rules, and its past performance does not indicate future results. The mention of index constituents herein is for illustrative purposes only; descriptions of individual stocks do not constitute investment advice in any form nor represent the holdings or trading动向 of any fund managed by the management company. The fund manager assesses the risk rating of the 双创龙头ETF as R4 - Medium-High Risk, suitable for Aggressive (C4) and higher investor types. The appropriateness matching opinion should be based on the selling institution's assessment. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors are solely responsible for any independent investment decisions. Furthermore, any views, analysis, or predictions in this article do not constitute investment advice of any kind to the reader, and no responsibility is accepted for any direct or indirect losses arising from the use of the content herein. Fund investment carries risks; the past performance of a fund does not guarantee its future results. The performance of other funds managed by the fund manager does not constitute a guarantee of the fund's performance. Invest in funds with caution.
MACD golden cross signals have formed, and these stocks are performing well!
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