Today (June 17), the hard-tech broad-based ETF covering 50 leading high-growth companies from the ChiNext and STAR boards, the Huabao SZSE ChiNext & STAR 50 ETF (588330), saw its on-exchange price rise as much as 0.91% intraday, currently up 0.76%, aiming for a third consecutive daily gain and approaching its historical high (1.380). Data from the Shanghai Stock Exchange shows the ETF attracted a net inflow of 5.27 million yuan yesterday.
Among its constituent stocks, semiconductor equipment leader ACM Research (Shanghai), Inc. led gains, rising over 11%. Semiconductor materials leader Xi'an Yicai and consumer electronics leader Lens Technology Co., Ltd. gained more than 6%, followed by PCB leader Shengyi Electronics Co., Ltd. and semiconductor integrated circuit manufacturing leader Nexchip Semiconductor Corporation.
The catalyst was a better-than-expected interim earnings report from Eve Energy Co.,Ltd. (ASX: 300014), which boosted the lithium battery sector and fired the starting gun for the 2026 interim results season. Recently, several brokerages have published reports previewing this year's interim results across sectors. They generally believe that the AI-related semiconductor and computing power industry chains, along with the new energy sector, are expected to maintain their upward momentum.
BOC Securities noted that as the window for interim report disclosures approaches, market focus will gradually shift from thematic trading to earnings verification, with growth sectors remaining the main investment theme. Sectors that can demonstrate simultaneous upward momentum, order fulfillment, and profit improvement are likely to be favored.
BOC Securities believes that the computing power and semiconductor industry chains within the "ChiNext and STAR boards" remain the clearest growth themes with strong momentum. The increasing penetration of AI continues to drive investment in computing infrastructure, with orders and capital expenditures in multiple segments of the industry chain remaining high. Furthermore, after recent adjustments, the new energy sector, including lithium batteries, could see profit recovery for some leading companies with cost advantages and global competitiveness if overseas demand improves, energy storage scales up, and new technology pathways advance.
Taking a longer-term view, since the market rebound that began in late September 2024, the underlying index (S&P China A-Share ChiNext & STAR 50 Index) of the Huabao SZSE ChiNext & STAR 50 ETF (588330) has surged 218.99% cumulatively as of June 17, significantly outperforming major indices like the ChiNext 50 (194.68%) and the STAR 50 (173.45%), leading the pack among hard-tech broad-based indices.
One-Stop Access to China's Core Technology
The hard-tech broad-based ETF—Huabao SZSE ChiNext & STAR 50 ETF (588330) and its off-exchange feeder funds (Class A: 013317 / Class C: 013318)—tracks an index that selects the 50 largest listed companies in strategic emerging industries from the STAR and ChiNext boards. It includes popular themes like optical modules, semiconductors, and photovoltaic equipment, with top holdings including leaders such as Contemporary Amperex Technology Co., Limited, Zhongji Innolight Co., Ltd., Cambricon Technologies Corporation Limited, and Semiconductor Manufacturing International Corporation. With a 20% daily price limit, it may react more quickly during market rebounds. Additionally, this ETF is eligible for both margin trading and securities lending and is part of the Stock Connect program, making it an efficient tool for gaining exposure to the new quality productive forces.
Note: The Huabao SZSE ChiNext & STAR 50 ETF (588330) was previously known on-exchange as the ChiNext & STAR Leaders ETF.
Risk Disclosure
The Huabao SZSE ChiNext & STAR 50 ETF passively tracks the S&P China A-Share ChiNext & STAR 50 Index. The index base date is December 31, 2019, and it was launched on June 1, 2021. The index constituents are adjusted according to its compilation rules. Its back-tested historical performance does not indicate its future results. The index constituents mentioned in this article are for illustrative purposes only. Descriptions of individual stocks do not constitute investment advice in any form and do not represent the holdings or trading activities of any fund managed by the asset manager. The risk rating for this ETF, as assessed by the fund manager, is R4 (Medium-High Risk), suitable for aggressive (C4) and above investors. The appropriateness matching opinion is subject to the sales institution. Any information appearing in this article (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, or any form of expression) is for reference only. Investors are responsible for their own investment decisions. Furthermore, any views, analysis, or forecasts in this article do not constitute investment advice to readers, and no responsibility is accepted for any direct or indirect losses arising from the use of this content. 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 guarantee the performance of this fund. Invest with caution.
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