As of press time on December 12, the electronics sector recorded a net inflow of over 15 billion yuan in main capital, ranking second among the 31 Shenwan primary industries in terms of fund attraction. Suzhou Dongshan Precision Manufacturing Co., Ltd. (Dongshan Precision), a constituent stock of the Electronic ETF, saw a net inflow exceeding 2.1 billion yuan, topping the A-share fund inflow list.
Among popular ETFs, the Electronic ETF (515260), which aggregates core leaders in the electronics sector, rose nearly 1.4% intraday, currently up 1.08%. From a daily K-line perspective, the ETF appears to have quietly established a steady upward trajectory.
In terms of constituent stocks, Topgrow Technology led gains with over 10%, followed by ACM Research Shanghai, Dongshan Precision, and Loongson Technology, each rising more than 7%. Other notable gainers included Nexchip Semiconductor, Transsion Holdings, OmniVision Technologies, AMEC, and Luxshare Precision.
The strategic landscape of China's PCB industry is becoming clearer as key players like Dongshan Precision and Shennan Circuits advance their "A+H" listings, while Superflex Electronics successfully debuts on the A-share market. These moves highlight the industry's push to leverage capital markets for financing, consolidation, and brand enhancement, accelerating its transition toward a technology- and capital-intensive "semi-conductor-like" model.
Notably, printed circuit boards (PCBs), a critical component in data centers and computing equipment, face growing demand for technological and capacity upgrades. Data projects China's PCB market to reach 433.321 billion yuan by 2025, accounting for over 50% of the global share. By 2029, this figure is expected to expand to 554.51 billion yuan.
Looking ahead, driven by booming downstream demand from AI and new energy vehicles, along with strengthened domestic supply chain synergies, China's PCB industry is poised for breakthroughs in high-end segments, securing a more central role in the global value chain. China Securities (CSC) notes that with rising demand for orthogonal backplanes and Cowop process upgrades, PCBs will increasingly resemble semiconductors, steadily increasing in value.
For investors, the Electronic ETF (515260) and its feeder funds (Class A: 012550 / Class C: 012551) passively track the Electronic 50 Index, heavily weighted in semiconductors and consumer electronics, covering AI chips, automotive electronics, 5G, cloud computing, and PCBs. External pressures are accelerating China's push for semiconductor supply chain autonomy, while AI is redefining consumer electronics functionality and user experience. Backed by national policy support and industrial coordination, the electronics sector is well-positioned for growth.
Risk Disclosure: The Electronic ETF and its feeder funds passively track the CSI Electronic 50 Index (base date: December 31, 2008; launch date: July 22, 2009). Constituent stocks are adjusted per index rules, and past performance does not indicate future results. Mentioned stocks/index constituents are for illustrative purposes only and do not constitute investment advice or reflect fund holdings. The fund manager rates Electronic ETF as R3 (medium risk), suitable for balanced (C3) or higher-risk investors. Investment decisions based on this information are solely the investor's responsibility. Historical fund performance does not guarantee future returns.
Comments