On Friday (September 5), the hard-tech broad-based index covering high-growth leaders from ChiNext and STAR Market - 双创龙头ETF (588330) - saw its on-exchange price surge 7.15%, demonstrating high elasticity advantages! Looking at a longer timeframe, the underlying index of 双创龙头ETF (588330) has accumulated gains of 34.78% over the past month, topping the performance rankings of all broad-based indices in the market!
Data statistics period: August 5, 2025 - September 5, 2025. Note: The CSI ChiNext STAR 50 Index annual returns for 2020-2024 were: 86.90%, 0.37%, -28.32%, -18.83%, 13.63%. Index constituent composition adjusts according to index compilation rules, and historical backtesting performance does not predict future index performance.
**Is the Current Position Too High?**
On September 5, 双创龙头ETF (588330) closed at 0.839 yuan on-exchange, approaching the December 2021 level, but still significantly below the July 2021 high of 0.997 yuan. Based on the ETF's historical high position, 双创龙头ETF (588330) may still have substantial upside potential.
**Can It Continue Rising?** Notably, 双创龙头ETF (588330) aggregates many popular individual stocks:
From the constituent perspective, as a hard-tech broad-based index, the underlying index of 双创龙头ETF (588330) includes 50 constituent stocks, covering not only the three optical module giants "YZT" (Accelink Technologies, InnoLight Technology, T&S Communications), but also encompassing "JLH" members like Cambricon Technologies and Hygon Information; it includes "EYXS" members like EVE Energy and Sungrow Power Supply, and also contains "King Ning" - CATL.
Market analysts point out that from a medium-to-long-term perspective, China is experiencing a transition between old and new growth drivers. Technology innovation and high-end manufacturing will become policy-encouraged directions. Emerging industries like AI and innovative pharmaceuticals are expected to form "new narratives," driving sustained benefits for broad-based indices with technology attributes.
**Why Layout Tech Markets Through Broad-Based Indices?**
1. Risk diversification, avoiding "putting all eggs in one basket": The technology sector has numerous subdivisions (semiconductors, AI, new energy, innovative pharmaceuticals, etc.), with rapid technological iteration and high individual stock volatility. Broad-based indices purchase a basket of constituent stocks, effectively smoothing black swan risks from single tracks or individual stocks;
2. Capturing sector rotation, avoiding "missing out": Tech markets also experience internal rotation. Broad-based indices cover multiple technology subdivisions, helping investors grasp overall trends during market rotation and avoid missing opportunities due to betting on wrong subdivision tracks;
3. Policy-driven, capturing industry upward beta: Research indicates this round of technology growth market rise stems from policy shifts and expectation changes. Future policy implementation and marginal economic improvement will continue driving this market cycle, recommending layout of broad-based indices representing overall technology trends to capture upward industry beta.
**Mining New Quality Productive Forces, Investing in China's "NASDAQ"**
Focus on the three major characteristics of hard-tech broad-based 双创龙头ETF (588330) and its off-exchange feeder funds (Class A: 013317 / Class C: 013318):
1. Cross-market diversified allocation, 100% strategic emerging: The underlying index selects the 50 largest market cap strategic emerging industry listed companies from STAR Market and ChiNext as index samples, aggregating high-growth leaders and encompassing popular themes like new energy, semiconductors, and medical devices;
2. Growth-style "battle fund," one-click allocation to China's top technology: Against the backdrop of global technology competition, the importance of technology self-reliance and industrial chain autonomous control has risen to new heights, with "China's NASDAQ" emerging;
3. High-elasticity tool capturing tech markets, low-threshold layout of breakthrough forces: The underlying index's 20% price limit capability enables it to serve as a "rebound pioneer." Compared to direct investment in STAR Market and ChiNext individual stocks, ETF investment thresholds are relatively low - based on current prices, investment can begin with less than 100 yuan.
Risk Warning: 双创龙头ETF and its feeder funds passively track the CSI ChiNext STAR 50 Index. This index has a base date of December 31, 2019, and was published on June 1, 2021. Index constituent composition adjusts according to index compilation rules, and historical backtesting performance does not predict future index performance. Individual stocks mentioned in the text are for display only. Individual stock descriptions do not constitute investment advice in any form, nor represent holding information or trading movements of any fund managed by the fund manager. The fund manager evaluates 双创龙头ETF risk level as R4-medium-high risk, suitable for aggressive (C4) and above investors. Suitability matching opinions should be based on sales institutions. Any information appearing in this text (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors must take responsibility for any autonomous investment decisions. Additionally, any views, analyses, and predictions in this text do not constitute investment advice in any form to readers, nor bear any responsibility for direct or indirect losses caused by using this content. Fund investment carries risks. Past fund performance does not represent future performance. Performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. Fund investment requires caution.
MACD golden cross signal formed, these stocks show good upward momentum!