In early trading today (March 12), Hong Kong-listed hard technology stocks strengthened once again. Q Technology surged 8%, Hua Hong Semiconductor rose over 6%, and Semiconductor Manufacturing International Corporation (SMIC) gained more than 2%. The market's only ETF focusing on Hong Kong information technology (159131) saw its on-exchange price climb sharply immediately after the opening bell, currently up 1.4%, and once again moved above its 10-day moving average during the session.
On the news front, the National Supercomputing Internet announced that it will provide a limited-time offer to all OpenClaw users on its platform: a free allocation of 10 million tokens per user for two weeks. The supercomputing internet also revealed the token renewal price for OpenClaw: 0.1 yuan per million tokens, representing a decrease from the prevailing market average. The recent rapid popularity of the "Electronic Lobster," OpenClaw, is pushing artificial intelligence from content generation into a new phase of task execution. Multiple institutions believe the focus within the AI industry chain is shifting, with industrial opportunities in related segments gradually becoming apparent. The profound changes in AI application forms are significantly impacting the AI industry chain and creating new investment opportunities. The importance of computing power infrastructure is further emphasized, and prospects are expected to improve for segments like computing hardware and the coordination between computing power and electricity. According to Feng Li, President of SEMI China, driven by AI computing power and the global digital economy, the semiconductor market is undergoing a transformative change. The previously forecasted trillion-dollar market size, initially predicted for 2030, is now expected to be achieved by 2026. By 2028, China's share of mainstream semiconductor manufacturing capacity is projected to reach 42%. Targeting the super-cycle in Hong Kong's chip sector! The Hong Kong Information Technology ETF (159131) is the market's first ETF focused specifically on the "Hong Kong chip" industry chain and offers T+0 settlement. Its underlying index is composed of "70% hardware + 30% software," heavily weighted towards Hong Kong-listed "semiconductor + electronics + computer software" stocks. It covers 45 Hong Kong-listed hard tech companies, with SMIC having a weight of 14.07%, Xiaomi Corporation-W at 12.41%, and Hua Hong Semiconductor at 7.47%. The ETF excludes large-cap internet companies like Alibaba, Tencent, and Meituan, offering sharper focus and greater potential to capture the AI hard tech trend in Hong Kong markets. (Data as of March 11, 2026) Data source: China Securities Index Company, Shanghai and Shenzhen Stock Exchanges. Note: "The market's only" refers to being the only ETF tracking the CSI Hong Kong Stock Connect Information Technology Composite Index. This index sets a maximum single constituent weight of 15%. Weights may fluctuate with individual stock market capitalization changes, potentially exceeding 15% at times. Index constituents are reviewed semi-annually, at which point single constituent weights are typically rebalanced towards the 15% cap. Recent market volatility may be significant; short-term price movements are not indicative of future performance. Investors must make rational investment decisions based on their own financial situation and risk tolerance, paying close attention to position sizing and risk management. Fund fee explanation: The subscription and redemption agents for the Hong Kong Information Technology ETF may charge a commission of up to 0.5%. On-exchange trading fees are subject to the rates actually charged by securities firms. No sales service fee is charged. Risk disclosure: The Hong Kong Stock Connect Information Technology ETF passively tracks the CSI Hong Kong Stock Connect Information Technology Composite Index. The index base date is November 14, 2014, and it was launched on June 23, 2017. The index constituents mentioned in this material are for illustrative purposes only; descriptions of individual stocks are not intended as investment advice in any form and do not represent the holdings or trading动向 of any fund managed by the management company. This product is issued and managed by Huabao Fund. Distributors do not assume responsibility for the investment, redemption, or risk management of the product. Investors should carefully read the "Fund Contract," "Prospectus," "Fund Product Summary," and other legal fund documents to understand the fund's risk-return characteristics and select a product suitable for their own risk tolerance. Past performance of the fund is not indicative of future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Fund investment involves risks! The fund manager assesses this fund's risk rating as R4 - Medium-High Risk, suitable for Aggressive (C4) and above investors. Distributors (including the fund manager's direct sales channels and other distributors) assess the fund's risk according to relevant laws and regulations. Investors should pay attention to the appropriateness opinions provided by distributors and base their decisions on the matching results. Appropriateness opinions may vary among distributors, and a distributor's risk assessment of a fund product cannot be lower than the risk rating assigned by the fund manager. The description of the fund's risk-return characteristics in the fund contract and its risk rating may differ due to different consideration factors. Investors should understand the fund's risk-return profile and carefully select fund products based on their investment objectives, horizon, experience, and risk tolerance, bearing their own risks. The China Securities Regulatory Commission's registration of this fund does not indicate a substantive judgment or guarantee of its investment value, market prospects, or returns. 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MACD golden cross signals have formed, these stocks are performing well!
