On March 11, the Electronic ETF (515260), which covers both the Apple supply chain and semiconductor industry, saw its intraday price rise by 0.73% in the morning session before dipping into negative territory in the afternoon, currently down 0.59%. The ETF recorded a real-time trading volume exceeding 85 million yuan, indicating strong market activity. Frequent premium trading intervals suggest robust buying interest, with potential capital inflows during price declines.
Among the constituent stocks, Huagong Tech led gains with an increase of over 9%, followed by Sanan Optoelectronics, which rose more than 6%. SG Micro and Huaqin Technology both advanced over 3%. On the downside, VeriSilicon Holdings declined more than 7%, while Dongshan Precision and Cambricon fell over 3%, weighing on the index performance.
At the industry level, 3D CAD renderings of Apple's first foldable smartphone, the iPhone Fold, have been leaked online. Reports indicate that Apple has significantly increased its supply chain inventory by 20% compared to the original plan. Such a substantial adjustment is rare in recent Apple product preparations, signaling strong confidence in the growth potential of the foldable phone market. This move is expected to drive both volume and price increases across related supply chain segments.
Notably, according to Omdia data, Apple set a new annual shipment record in 2025, with iPhone shipments reaching 240.6 million units, a 7% year-over-year increase. This marks the third consecutive year that Apple has maintained its position as the global leader in smartphone shipments, underscoring its dominance in the high-end mobile market.
Aijian Securities noted that foldable phones represent a core innovation in the smartphone sector, with hinges and flexible display modules as key components that effectively balance large-screen experience and device portability. Under optimistic projections, Apple's foldable phone sales could reach 14 million units by 2026. The firm believes that iPhone's premium positioning and massive sales volume may catalyze a turning point for rapid development across the entire supply chain.
At the individual stock level, Foxconn Industrial Internet Co., Ltd. released its financial report, showing 2025 revenue of 902.887 billion yuan, a 48.22% year-over-year increase, and net profit of 35.286 billion yuan, up 51.99% year-over-year. The company plans to distribute a cash dividend of 6.5 yuan per 10 shares, totaling approximately 12.9 billion yuan. Against the backdrop of surging global AI computing demand, Foxconn Industrial Internet not only achieved accelerated growth in both revenue and profit but also introduced a record-high dividend plan.
Looking ahead, CITIC Securities pointed out that whether driven by event catalysts or supply-demand signals, the narratives of price increases and AI remain in a safe zone. From an allocation perspective, AI exposure combined with supply constraints equals rising price expectations. The price-driven rally is expected to continue into March, with narrative momentum and price catalysts likely dominating the market trend.
[Embracing Tech Giants, Seizing Development Opportunities] The Electronic ETF (515260) tracks an index that covers popular technology themes. As of the end of January, the weightings of the Apple, NVIDIA, and Google supply chains were 45.19%, 27.87%, and 21.85%, respectively, deeply linking investors to the growth dividends of global tech leaders and benefiting from their industrial expansion and technological innovation.
For investment tools, the Electronic ETF (515260) and its feeder funds (Class A: 012550 / Class C: 012551) passively track the Electronic 50 Index, heavily weighting the semiconductor and consumer electronics sectors. The ETF aggregates exposure to AI chips, automotive electronics, 5G, and printed circuit boards (PCB), with top holdings including Luxshare Precision, Cambricon, Foxconn Industrial Internet, and SMIC. Additionally, the ETF is eligible for margin trading and Stock Connect programs, serving as an efficient tool for gaining exposure to core electronic sector assets.
ETF fee details: When subscribing or redeeming fund shares, subscription and redemption agents may charge a commission of up to 0.5%, which includes fees collected by stock exchanges and registration institutions. The ETF does not charge a sales service fee. For the Huabao CSI Electronic 50 ETF Feeder Fund (Class A), the subscription fee is 1,000 yuan per transaction for amounts of 2 million yuan or more, 0.6% for amounts between 1 million yuan and 2 million yuan, and 1% for amounts below 1 million yuan. The redemption fee is 1.5% for holding periods under 7 days and 0% for 7 days or more, with no sales service fee. The Huabao CSI Electronic 50 ETF Feeder Fund (Class C) does not charge a subscription fee; the redemption fee is 1.5% for holdings under 7 days and 0% for 7 days or more, with a sales service fee of 0.2%.
Risk warning: The Electronic ETF and its feeder funds passively track the CSI Electronic 50 Index, which has a base date of December 31, 2008, and was launched on July 22, 2009. The index constituents are adjusted according to its compilation rules, and its historical performance does not indicate future results. Stocks and index constituents mentioned are for illustrative purposes only and do not constitute investment advice or reflect the holdings or trading activities of the fund manager. The fund manager rates the Electronic ETF as R3-medium risk, suitable for balanced (C3) and above investors. Suitability assessments should be verified with sales institutions. All information provided is for reference only, and investors are responsible for their investment decisions. Views, analyses, and forecasts do not constitute investment advice, and no liability is accepted for direct or indirect losses resulting from the use of this content. Fund investments carry risks; past performance does not guarantee future results, and the performance of other funds managed by the fund manager does not assure the performance of this fund. Invest with caution.
MACD golden cross signals have formed, indicating positive momentum for several stocks.
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