Southern China STAR Market 50 ETF (03109) rose over 3%, with this ETF being the first listed on the Hong Kong Exchange tracking the STAR Market 50 Index. In terms of its major holdings, most are in the currently popular semiconductor sector. At the time of reporting, the ETF was up 3.6%, trading at HKD 16.99 with a turnover of HKD 5.593 million.

On the news front, the computing power industry chain strengthened on May 19th, driving the STAR Market 50 Index up over 3%. Among individual stocks, VeriSilicon Microelectronics surged over 15% to a record high, while Advanced Micro-Fabrication Equipment Inc. saw gains exceeding 8% at one point.

Dongguan Securities noted that major domestic Cloud Service Providers have raised their capital expenditure guidance, continuing to increase investment in the AI field. It is expected that the domestic computing power industry chain will maintain high growth momentum. An analyst from Soochow Machinery indicated that both downstream memory and advanced logic chip sectors are actively expanding production, which will directly boost demand for equipment across the supply chain. However, caution is advised as expectations for advanced logic capacity expansion carry uncertainties, and accelerated technological iterations may lead to capital expenditure pressures and potential misjudgments in equipment demand structure.