On the morning of the 28th, optical module stocks continued their correction. Suzhou Tfc Optical Communication Co.,Ltd. and Zhongji Innolight Co.,Ltd. fell over 2%, while Suzhou Tfc Optical Communication Co.,Ltd. dropped more than 1%. The ChiNext Artificial Intelligence ETF Huabao (159363), which holds significant positions in leading optical module companies, saw its on-market price decline by 2%, yet capital continued to flow in aggressively. In the previous three trading days alone, over 500 million yuan had entered the fund.
On April 27th local time, chip giant NVIDIA saw its stock price rise 4% intraday to reach another record high, closing at a historic peak of $216.61. This represents a substantial breakthrough in market capitalization compared to its peak just six months prior. As a leading indicator for artificial intelligence trends on the ChiNext board, NVIDIA's sustained strength not only reflects the explosive global demand for AI computing power but also reinforces optimistic market expectations for the entire computing industry chain, including data centers and optical modules.
From an earnings perspective, AI computing power drove a collective surge in Q1 reports for optical module companies. Leading firm Zhongji Innolight Co.,Ltd. reported a 262% year-over-year increase in net profit, Suzhou Tfc Optical Communication Co.,Ltd. saw a 46% rise, and another major player grew by 77%. This collective earnings surge from optical module leaders confirms that the AI computing power chain is translating expectations into tangible financial performance, creating a consensus around the sector's high growth trajectory.
Guosheng Securities stated that the optical communication industry is in a super cycle driven by AI computing power demand. Leading companies with advantages in global delivery capabilities, technological platform layout, forward-looking supply chain management, and financial strength are well-positioned to benefit from the long-term growth红利 brought by AI, suggesting a trend where strong players continue to strengthen.
To capture opportunities in leading CPO optical module companies, investors are advised to focus on the ChiNext Artificial Intelligence ETF Huabao (159363) and its corresponding off-market share classes (Class A: 023407, Class C: 023408). This ETF allocates approximately 70% of its portfolio to computing power infrastructure (including leading optical module/CPO companies), effectively capturing the core of the computing power theme, and about 30% to AI applications, representing a comprehensive play on both AI infrastructure and its end-use cases.
Source: Shanghai and Shenzhen Stock Exchanges, among others.
Note: As of April 24, 2026, the ChiNext Artificial Intelligence ETF Huabao had a latest net asset value of 6.891 billion yuan, with an average daily turnover exceeding 700 million yuan over the past six months. Its size and trading volume rank first among 26 ETFs tracking the ChiNext Artificial Intelligence Index, the STAR AI Index, and the Sci-Tech Innovation Board AI Index.
ETF Fee Explanation: When subscribing for or redeeming fund shares, subscription/redemption agents may charge a commission of up to 0.5%. On-market trading fees are subject to the rates set by the securities company, and no sales service fee is charged.
Connecting Fund Fee Explanation: The ChiNext Artificial Intelligence ETF联接 Fund Class C does not charge a subscription fee. A redemption fee of 1.5% applies for holdings less than 7 days, and 0% for 7 days or more. A sales service fee of 0.3% is charged annually. For Class A shares, the subscription fee is 1% for investments below 1 million yuan, 0.6% for 1-2 million yuan, and a flat fee of 1,000 yuan for 2 million yuan and above. The redemption fee structure is the same as Class C. No sales service fee is charged for Class A.
Risk Warning: The ChiNext Artificial Intelligence ETF Huabao passively tracks the ChiNext Artificial Intelligence Index, which has a base date of December 28, 2018, and was published on July 11, 2024. The index's annual performance from 2021 to 2025 was +17.57%, -34.52%, +47.83%, +38.44%, and +106.35% respectively. Index constituents are adjusted according to the index methodology, and past index performance does not guarantee future results. The mention of specific stocks is for illustrative purposes only and does not constitute investment advice or indicate the holdings or trading intentions of the fund manager. The fund manager assesses this fund's risk level as R4 (Medium-High Risk), suitable for Aggressive (C4) and higher risk-profile investors. Suitability assessments should be confirmed with the selling institution. All information presented (including but not limited to stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only. Investors are solely responsible for their investment decisions. Furthermore, any views, analysis, or forecasts herein do not constitute investment advice of any kind for the reader, and no responsibility is accepted for any direct or indirect losses resulting from the use of this content. Fund investment carries risks; past performance of a fund does not indicate its future results, and the performance of other funds managed by the fund manager does not guarantee the performance of this fund. Invest with caution.
A MACD golden cross signal has formed, indicating positive momentum for several stocks.
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