Oracle's stellar earnings ignite global AI enthusiasm, with A-share Apple supply chain stocks leading the charge!
Today (September 11), the Electronics ETF (515260), which has a 42% Apple supply chain weighting, saw its intraday price surge 6.87%, with real-time trading volume exceeding 33 million yuan. The fund traded at a premium with strong buying momentum from institutional investors.
Among constituent stocks, Hygon Information Technology Co.,Ltd. hit the 20CM daily limit up, while Shengyi Technology, Industrial Fulian, Shengyi Electronics, Luxshare Precision, Avary Holding, Shenznan Circuits, Sugon, and Dongshan Precision all reached the 10CM daily limit up! As of publication, a total of 9 stocks hit their daily limit up!
Dongwu Securities believes that the previous sharp rally was definitely not the end of the "domestic computing power" market trend. The current capital consolidation phase is preparing for a healthier next round of gains.
Why is a major market rally expected ahead? Dongwu Securities outlines three key rationales:
First logic - Don't fight the AI trend. Obviously, Cambricon's vast market capitalization potential is not unfounded, and similarly, Hygon Information Technology Co.,Ltd. is also expected to unlock new growth opportunities.
Second logic - Strong transformation from AI chip perspective. Last week saw the release of Kunlun Core's 32-card and Sugon's 96-card super node systems. By 2026, the domestic computing chip sector will unfold entirely from a super node perspective. Under the wave of domestic computing power, internet companies and ODMs are expected to actively promote domestic interconnection solutions, continuing to emphasize the importance of Ethernet in domestic super node solutions.
Third logic - Strong correlation between overseas and domestic markets. Broadcom's earnings were optimistic about ASIC business, with three major clients showing sustained growth in ASIC demand. Additionally, a new potential client placed volume production orders with Broadcom, bringing $10 billion in orders to the company.
It's worth noting that since Apple announced its autumn product launch date, A-share Apple supply chain stocks have strengthened overall. Industry professionals point out that each Apple product launch may bring investment opportunities for Apple supply chain concept stocks. If new products exceed sales and innovation expectations, related companies' orders may increase, potentially boosting performance. Data shows that as of the end of August, Apple supply chain stocks accounted for 42.78% of the Electronics ETF (515260) constituent stock weighting.
Electronics ETF fund managers Jiang Junyang and Cao Xuchen believe that Apple's product launch met expectations with no price increases. Highlights include the new ultra-thin phone, major redesign of overall phone appearance, and new earphone and watch products. Due to the relatively slow development of edge-side AI, this year's Electronics ETF showed a catch-up rally within the AI sector. With expectations of Apple's further efforts in AI and continuous iteration of small models, edge-side AI is expected to see breakthrough products and achieve valuation improvements.
【Creating "Core" Technology, Hardcore Rise】
The Electronics ETF (515260), covering semiconductors and Apple supply chain, along with its feeder funds (Class A: 012550 / Class C: 012551), passively tracks the Electronics 50 Index. It has heavy positions in semiconductors and consumer electronics industries, with additional exposure to computer equipment, optical optoelectronics, and components sectors. It comprehensively covers hot industries including AI chips, automotive electronics, 5G, cloud computing, and printed circuit boards (PCB). The fund provides one-click access to A-share electronics core assets such as Luxshare Precision, SMIC, Hygon Information Technology Co.,Ltd., and Cambricon-U.
Risk Warning: The Electronics ETF and its feeder funds passively track the CSI Electronics 50 Index. The index base date was December 31, 2008, and was published on July 22, 2009. Index constituent stocks are adjusted according to index compilation rules, and historical backtesting performance does not predict future index performance. Individual stocks and index constituent stocks mentioned in this article are for display purposes only. Stock descriptions do not constitute investment advice in any form, nor do they represent holding information and trading activities of any fund managed by the fund manager. The fund manager assesses the Electronics ETF risk level as R3-medium risk, suitable for balanced (C3) and above investors. Please refer to sales institutions for appropriateness matching opinions. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors must be responsible for any autonomous investment decisions. Furthermore, any views, analyses, and predictions in this article do not constitute investment advice in any form to readers, nor do they bear any responsibility for direct or indirect losses caused by using the content of this article. Fund investment carries risks. Past performance of funds does not represent future performance. Performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. Fund investment should be approached with caution.
MACD golden cross signal formed, these stocks show good upward momentum!
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