A major A-share index saw broad gains today, August 13, with the Sci-Tech broad-based ETF, which tracks the 50 high-growth leaders from the ChiNext and STAR boards, climbing as much as 2.49% during the session and currently up 2.15%, aiming for a third consecutive day of gains. The daily candlestick chart appears to be forming an upward trend. Among its constituent stocks, Suzhou Tfc Optical Communication Co.,Ltd. led the rally with a surge of over 12%, while Ruijie Networks rose more than 7%. Runze Technology and Three-circle Group each gained over 5%, and Eoptolink Technology and Cambricon Technologies advanced more than 4%. Other major players like SG Micro, Zhongji Innolight, and Semiconductor Manufacturing International Corporation (SMIC) also followed the upward trend.
On the news front, on the evening of August 12, the 260-billion-yuan optical component leader Suzhou Tfc Optical Communication Co.,Ltd. released a draft of its 2026 restricted stock incentive plan. Looking at the core terms of the incentive plan, the company appears to be both ambitious and generous. The grant price of 120 yuan per share represents a 50% discount to the latest market price, leading the market to call it a "half-price incentive gift package," which is highly attractive to recipients. The total grant size is 2.2887 million shares, accounting for about 0.2098% of the company's total share capital, covering 745 people including directors, senior management, and core technical (business) personnel. For performance targets, the plan sets two tiers: a target value and a trigger value. For 2027, the net profit growth rate target from 2025 is 150%, with a trigger value of 120%; for 2028, the target is 400% and the trigger value is 320%; for 2029, the target is 700% and the trigger value is 560%. The fundamental confidence behind Suzhou Tfc Optical Communication Co.,Ltd.'s bold setting of such high-growth performance targets stems from the super-cycle of its business sector. Looking overseas, the CEO of optical communications leader Lumentum has clearly stated that demand for ultra-high-power CPO lasers is growing, and ELS modules have already received initial orders. Continued orders and performance from overseas top-tier manufacturers, coupled with the upward revision of capital expenditure guidance from the four major North American cloud providers to a range of 720 to 745 billion US dollars, have injected strong growth expectations into the CPO industry chain.
First Capital Securities stated that A-share hard-tech assets remain an important representative of domestic new productive forces, and this year, the technology sector has consistently been a priority for policy support. The July Politburo meeting further released clear signals to support the development of the technology industry, accelerate the transformation of old and new growth drivers, and promote high-quality development. Analysts suggest selecting high-quality assets with strong earnings certainty within the technology sector. Caitong Securities pointed out that from late August to late October, the market index may once again enter a favorable window for long positions, with AI hardware and other main themes potentially becoming the direction to lead the index higher. If the financial reports of overseas tech giants continue to exceed expectations, the AI technology sector is likely to strengthen again. On the fundamentals front, as of August 12, among the 50 constituent stocks of the index tracked by the Sci-Tech ETF, 5 listed companies have already disclosed their 2026 interim report results. In terms of net profit attributable to parent, Contemporary Amperex Technology Co., Ltd. (CATL) reported 43.284 billion yuan, temporarily ranking first. In terms of year-on-year growth in net profit attributable to parent, Cambricon Technologies and another stock achieved a doubling, while Longsys Electronics saw a staggering 71,528.66% year-on-year surge in net profit attributable to parent, temporarily leading the pack.
Key to Navigating Rotation: One-Click Access to China's Top Tech
This hard-tech broad-based ETF and its off-exchange feeder funds (Class A: 013317, Class C: 013318) track an index that selects the 50 largest strategic emerging industry listed companies by market capitalization from the STAR and ChiNext boards. The fund covers popular themes such as optical modules, semiconductors, and batteries, with heavyweight stocks including Eoptolink Technology, Zhongji Innolight, CATL, and Cambricon Technologies. With a 20% daily price limit, the ETF offers a low-cost entry point to capture the growth potential of the Sci-Tech innovation sector. The ETF is also eligible for margin trading and Stock Connect, making it an efficient tool for one-click allocation to new productive forces.
Note: The ETF was previously referred to as the Sci-Tech Innovation and Entrepreneurship Leading ETF. Source: Shanghai and Shenzhen stock exchanges, etc., as of August 13, 2026. Fee-related description: The ETF does not charge a sales service fee. Subscription and redemption agents may charge commissions at a standard rate of up to 0.5%, which includes fees charged by the stock exchange, registration institution, and other related entities. On-exchange trading fees are subject to the actual charges of the securities company. Risk Warning: The ETF passively tracks the CSI STAR&CHINEXT 50 Index. The base date for this index is December 31, 2019, and it was released on June 1, 2021. The constituent stocks of the index are adjusted periodically according to the index compilation rules. The back-tested historical performance does not indicate the future performance of the index. The index constituent stocks mentioned in this article are for demonstration purposes only. Descriptions of individual stocks do not constitute investment advice of any kind and do not represent the holdings or trading activities of any fund managed by the fund manager. The fund manager assesses the risk level of the ETF as R4 (medium-high risk), suitable for aggressive (C4) and above investors. Please refer to the sales organization for suitability matching opinions. Any information appearing in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, and any form of expression) is for reference only. Investors must be responsible for their own investment decisions. Furthermore, any views, analyses, and predictions in this article do not constitute investment advice of any kind to readers, and the fund manager is not liable for any direct or indirect losses arising from the use of the content of this article. Fund investment involves risk. Past performance of a fund is not indicative of its future performance. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Investment in funds requires caution.
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