The electronics sector led gains in the market today (May 22). As of the time of writing, it has attracted a net inflow of over 17.7 billion yuan in main capital. Over the past 5 and 20 trading days, the sector has drawn in 88.2 billion yuan and 322.6 billion yuan, respectively, consistently ranking first in capital attraction among the 31 Shenwan primary industries. Constituent stocks of the Electronics ETF (515260), including Victory Giant Technology, BOE A, Wus Printed Circuit, and Dongshan Precision, secured net main capital inflows of 4.1 billion yuan, 3 billion yuan, 2.3 billion yuan, and 2.1 billion yuan, taking the top four spots on the A-share fund inflow ranking.
Regarding popular ETFs, the Electronics ETF (515260), which aggregates core leaders in the electronics sector, continued its upward trend today (May 22) after hitting a record high yesterday, with its intraday gain reaching up to 2.57% and currently up 1.45%. Alongside the heated market activity, capital is actively flowing in. Data shows this ETF has seen continuous net inflows over the past three trading days, totaling 12.67 million yuan.
Among constituent stocks, PCB (Printed Circuit Board) leaders are notably leading the gains. Among the top six gainers within the ETF's holdings, five are PCB industry leaders. Avary Holding hit the daily limit up, while Shennan Circuits, Victory Giant Technology, and Wus Printed Circuit all rose over 9%.
On the news front, NVIDIA's next-generation Rubin platform is expected to adopt an orthogonal backplane architecture, replacing copper cables with PCBs featuring ultra-high layer counts (over 100 layers) and M9-grade materials. This shift could potentially more than triple the PCB value per unit.
Guojin Securities pointed out that AI demand is robust in both the short and medium term. Currently, several AI-PCB companies report strong order books, are operating at full capacity with sold-out production, and are actively expanding capacity, suggesting sustained high earnings growth. Demand for AI-grade copper-clad laminates is strong, while overseas capacity expansion for these laminates is slow, potentially benefiting leading mainland Chinese laminate manufacturers.
Data indicates that among the constituent stocks of the underlying index tracked by the Electronics ETF (515260), PCB concept stocks have shown impressive performance over the past year. Dongshan Precision has surged approximately 624.70% over the last year, while Victory Giant Technology and Shennan Circuits have accumulated gains exceeding 300%. Shengyi Technology, Wus Printed Circuit, and Avary Holding have all seen increases of over 200%.
On the earnings front, for the first quarter of this year, among the 50 constituents of the Electronics ETF (515260), over 80% reported profits. Twenty-nine stocks achieved double-digit year-on-year growth in net profit attributable to the parent company, with 11 stocks seeing growth rates exceeding 100%. CITIC Securities expressed optimism about the potential for excess returns in the electronics sector over the next six months, anticipating that the AI-driven rally will begin to broaden in Q2. They recommend focusing on changes in passive components and consumer electronics segments related to AI business.
Looking ahead, CITIC Securities believes that "price increases + AI + domestic substitution" could form a strong thematic thread running through the electronics sector for the entire year. The sector's positive momentum is expected to continue, with AI remaining the primary driver, supported by the concurrent growth of overseas and domestic computing power. Expansion in advanced logic and memory production is also likely to accelerate. The firm maintains a firm positive outlook on the overall future performance of the electronics sector.
It is worth noting that the underlying index of the Electronics ETF (515260) (the SSE Electronic 50 Index) has surged 45.19% since the start of the current rally on April 7, outperforming peer indices like the CSI Electronic Index (42.55%), as well as major broad-based indices such as the SSE Sci-Tech Innovation 50 Index (40.44%), the ChiNext 50 Index (23.43%), and the CSI 300 Index (7.71%). Data period: April 7, 2026 - May 21, 2026. The SSE Electronic 50 Index performance over the past five full calendar years: 2021: +3.27%; 2022: -38.63%; 2023: +1.03%; 2024: +27.45%; 2025: +43.49%. Index constituents are adjusted according to its compilation rules; its past performance does not guarantee future results.
[Embracing Tech Giants, Seizing Development Opportunities] The Electronics ETF (515260) and its feeder funds (Class A: 012550 / Class C: 012551) passively track the SSE Electronic 50 Index, with significant exposure to the semiconductor and consumer electronics industries. It aggregates leading companies in hot sectors like AI chips, automotive electronics, 5G, and PCBs. Its top holdings include Luxshare Precision, Cambricon Technologies, Foxconn Industrial Internet, and SMIC. Furthermore, this ETF is eligible for margin trading and is included in the Stock Connect programs, serving as an efficient tool for gaining exposure to core assets within the electronics sector.
Risk Disclosure: The Electronics ETF (515260) passively tracks the SSE Electronic 50 Index. The index base date is December 31, 2008, and its launch date is July 22, 2009. Index constituents are adjusted according to its compilation rules; its past performance does not guarantee future results. Individual stocks and index constituents mentioned in this article are for illustrative purposes only. Descriptions of individual stocks do not constitute investment advice in any form, nor do they represent the holdings or trading activities of any fund managed by the asset manager. The fund manager assesses the risk level of the Electronics ETF as R3 - Medium Risk, suitable for Balanced (C3) and higher risk-tolerance investors. Suitability assessments should be based on the selling institution's evaluation. All information appearing in this article (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only. Investors are solely responsible for their independent investment decisions. Furthermore, any views, analyses, or forecasts herein do not constitute investment advice of any kind to readers, and no liability 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 same manager does not constitute a guarantee of this fund's performance. Invest in funds with caution.
A MACD golden cross signal has formed, and these stocks are performing well.
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