Today (August 5), the electronics sector led the overall market rally. As of this writing, the sector attracted net capital inflows of over 417 billion yuan, ranking first among the 31 Shenwan primary industries. Hon Hai Precision Industry Co., Ltd. saw net capital inflows exceeding 31 billion yuan, ranking second in the A-share market for capital absorption. In the hot ETF segment, the Huabao Electronics ETF (515260), which covers popular themes like PCBs, semiconductor equipment, and Apple supply chain leaders, saw its intraday price surge 6.93% in the afternoon, currently up 6.56%, recovering its 10-day moving average and half-year line.
Among constituent stocks, AI server leader Hon Hai Precision Industry Co., Ltd. and PCB leader Shengyi Technology Co., Ltd. hit their daily price limits. Shennan Circuits Co., Ltd. rose over 19%, semiconductor equipment leader Advanced Micro-Fabrication Equipment Inc. China (AMEC) jumped over 13%, and Changchuan Technology Co., Ltd. and Tuojing Technology Co., Ltd. each gained over 11%. MLCC concept stock Sanhuan Group Co., Ltd. rose over 10%.
On the news front, three key market themes are in focus. First, in the semiconductor equipment sector, Samsung Electronics and SK Hynix are evaluating AMEC's chip manufacturing equipment for potential use in their Chinese factories. This has sparked a market revaluation of the logic shift from domestic substitution to an "external circulation" export model. Industry analysts suggest that if AMEC can enter the supply chain, it could open a "second growth curve" overseas beyond domestic substitution. The demonstration effect could potentially expand to other factories in South Korea or globally, accelerating the validation of other related domestic equipment and forming a new narrative of global market breakthroughs.
Second, in the consumer electronics sector, the "Apple supply chain" is entering its peak stocking season. From August to December each year is the peak shipment period for iPhone series products, marking the industry's busy season. Currently, contract manufacturers like Foxconn have entered a peak recruitment phase, and companies like Luxshare Precision Industry Co., Ltd. are also concurrently hiring, including positions for general workers and R&D engineers. Meanwhile, market attention is focused on the progress of Apple's first foldable phone, and this market expectation is being transmitted along the supply chain, with a cluster of Apple supply chain leaders intensively conducting R&D, expansion, and delivery.
Third, in the PCB sector, industry insiders point out that the growing demand for AI servers is driving an improvement in the supply-demand dynamics of the PCB industry. Due to the high difficulty in manufacturing high-end products like multi-layer boards and high-density interconnect (HDI) boards, and the relatively long expansion cycle, high-quality production capacity remains limited in the short term, and prices for some high-end PCB products have shown an upward trend. As downstream demand continues to be released, companies with technical expertise, customer certifications, and scaled delivery capabilities are expected to gain greater development space.
Fundamentally, as of August 4, among the 50 constituent stocks tracked by the Huabao Electronics ETF (515260) benchmark index, 25 listed companies have disclosed their 2026 semi-annual report performance forecasts. Of these, 24 component stocks are expected to be profitable with growth. Memory chip leader Jiangsu Jetion Technology Co., Ltd. is expected to achieve a net profit attributable to shareholders of 9.2 billion to 11 billion yuan, a year-on-year increase of 62,204% to 74,394%, currently ranking first. [Price hikes + AI + independent controllability may run through the electronics sector for the entire year.]
The Huabao Electronics ETF (515260) and its feeder funds (Class A: 012550, Class C: 012551) passively track the CSI Electronics 50 Index, focusing on the semiconductor, components, and consumer electronics industries. It brings together popular concepts including PCBs (e.g., Dongshan Precision Manufacturing Co., Ltd.), memory chips (e.g., Jiangsu Jetion Technology), semiconductor equipment (e.g., ACM Research, Inc.), advanced packaging (e.g., JCET Group Co., Ltd.), glass substrates (e.g., BOE Technology Group Co., Ltd.), semiconductor silicon wafers (e.g., NSIG), and MLCCs (e.g., Sanhuan Group). Key constituent stocks include GigaDevice Semiconductor Inc., Cambricon Technologies Corporation Limited, North Huajin Chemical Industries Co., Ltd., and Luxshare Precision Industry Co., Ltd.
Data shows that the benchmark index of the Huabao Electronics ETF (515260) is deeply tied to global tech leaders. As of the end of June, the weight of Apple, Nvidia, and Google supply chains was 31.00%, 25.55%, and 18.98%, respectively, which may benefit from the industrial expansion and technological innovation of these tech giants. As of the end of June, the Huabao Electronics ETF (515260) had a scale of 1.109 billion yuan, making it the larger of the two ETFs tracking the same benchmark index in the market. ETF fee-related notes: The ETF does not charge sales service fees. Subscription and redemption agents may charge commissions of up to 0.5%, which includes fees charged by the stock exchange and registration institutions. On-exchange trading fees are subject to the actual charges of the securities company.
Risk disclaimer: The Huabao Electronics ETF passively tracks the CSI Electronics 50 Index, which has a base date of December 31, 2008, and was published on July 22, 2009. The composition of index constituent stocks is adjusted according to the index compilation rules. The back-tested historical performance does not indicate future index performance. The stocks and index constituent stocks mentioned in this article are for display purposes only. Descriptions of individual stocks do not constitute any form of investment advice and do not represent the holdings or trading intentions of any fund managed by the fund manager. The fund manager assesses the risk level of the Huabao Electronics ETF as R3-moderate risk, suitable for investors with a balanced (C3) or higher risk tolerance. The suitability matching opinion should be based on the selling institution. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, 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 forecasts in this article do not constitute investment advice to readers of any form, and the author is not liable for any direct or indirect losses arising from the use of this content. Fund investment carries risks. Past performance of a fund does not represent its future performance. The performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. Fund investment requires caution. MACD golden cross signal forms, these stocks are rising well!
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