Technology and growth sectors launched a collective rebound today. The hard-tech broad-based ETF covering leading high-growth companies from the STAR Market and ChiNext Board—the双创龙头ETF (588330)—surged impressively, with its on-market price rising up to 3.7% intraday. It is currently up 3.37%, reclaiming its 5-day and 60-day moving averages during the session.
In specific news, among the top three optical module companies, Suzhou Tfc Optical Communication Co.,Ltd. approached a 20% limit-up, reaching a new historical high, while Eoptolink Technology Inc. advanced over 8%, and Zhongji Innolight Co., Ltd. rose more than 4%. In the semiconductor sector, VeriSilicon Microelectronics Shanghai Co., Ltd. jumped over 12%, and Cambricon Technologies Corporation Ltd. gained more than 5%. Among solar power leaders, Sungrow Power Supply Co., Ltd. and Jinko Solar Co., Ltd. both increased over 6%.
Key directions highlighted for the双创龙头ETF's underlying index include: 1. For optical modules, Huatai Securities noted breakthroughs in satellite-to-ground laser communication are resolving data transmission bottlenecks, leading to simultaneous increases in volume, price, and profits for module manufacturers. Goldman Sachs indicated that global low-earth orbit satellite constellation construction will drive an additional 1.5 million high-speed optical module shipments by 2026, with Chinese manufacturers holding over 70% of the global satellite optical module market share due to cost and technological advantages. 2. In solar power, CITIC Securities pointed out that demand for space-based photovoltaics is expected to see exponential growth. Elon Musk's investment in photovoltaic manufacturing paves the way for orbital computing power and AI energy supply. Leading Chinese photovoltaic equipment manufacturers possess strong capabilities for efficient iteration and rapid response, positioning them to join the supply chains of companies like Tesla and SpaceX and secure significant orders, opening new growth avenues. 3. In semiconductors, since 2026, the semiconductor industry chain has experienced a new wave of price increases across segments from memory and CPUs to packaging, testing, and design, with multiple companies issuing price hike notices. The secondary market has shown resonance across the entire semiconductor industry chain.
Two core factors are driving this semiconductor price surge: First, after adjustments in the previous cycle, inventories in areas like analog chips have returned to reasonable levels, while explosive growth in AI computing demand has caused shortages in memory chips. Coupled with leading manufacturers scaling back traditional capacity, supply-demand imbalances are widening. Second, rising prices of resources like gold, silver, and copper have increased chip manufacturing costs, prompting price hikes in both wafer foundry and packaging/testing, forcing companies to pass on cost pressures. This industry-wide price increase may signal a shift from structural recovery to broad-based revival in the semiconductor cycle.
It has been emphasized that new quality productive forces inject vigorous momentum into high-quality development. Core key technologies cannot be begged, bought, or borrowed; enhancing self-reliance in these areas builds a solid security foundation for development. Facing technological choke points, China continues to increase investment and organize research efforts, achieving independent intellectual property and industrial advantages in areas like 5G communication, UHV power transmission, high-speed rail, and new energy batteries, with ongoing breakthroughs in weaker links such as integrated circuits and industrial software, effectively reducing external dependency risks.
Central China Securities believes that following the policy direction of the 15th Five-Year Plan recommendations and seizing opportunities from the deep resonance between global monetary easing cycles and industrial upgrading waves are crucial for 2026. It is optimistic about the main theme of technological innovation represented by artificial intelligence. Huaan Securities stated that industrial trends are undeniable, with technology remaining the strongest investment theme.
Key features of the双创龙头ETF (588330) and its off-market feeder funds (Class A: 013317 / Class C: 013318) include: 1. Cross-market diversified allocation, 100% focused on strategic emerging industries: The underlying index selects the top 50 listed companies by market cap from strategic emerging industries on the STAR Market and ChiNext Board, aggregating high-growth leaders across hot themes like new energy, solar power, optical modules, semiconductors, and medical devices. The ETF is also eligible for margin trading and Stock Connect, making it an efficient tool for accessing new quality productive forces. 2. A growth-style "core holding" for allocating to China's top technology: Amid global tech competition, the importance of technological self-reliance and supply chain autonomy has reached new heights, with a "Chinese version of Nasdaq" emerging. 3. High-flexibility tool for capturing tech rallies, low-threshold access to breakthrough forces: The underlying index's 20% daily price limit allows for faster rebounds, positioning it as a "recovery pioneer." Compared to direct investment in STAR Market and ChiNext stocks, the ETF has a lower barrier to entry, with investments starting at under 100 yuan at current prices. 4. A "pacesetter" among hard-tech broad-based ETFs, capturing strong offensive beta: The双创龙头ETF's underlying index was the top performer among broad-based indices in 2025, accumulating a 60.86% gain for the year, outperforming major indices like the ChiNext 50 (57.45%), ChiNext Index (49.57%), STAR Market Composite (46.30%), and STAR 50 (35.92%).
Risk disclosure: The双创龙头ETF and its feeder funds passively track the CSI STAR Market and ChiNext Board 50 Index, which has a base date of December 31, 2019, and was launched on June 1, 2021. The index's annual performance from 2020 to 2024 was 86.90%, 0.37%, -28.32%, -18.83%, and 13.63%, respectively. Index constituent stocks are adjusted per the index methodology, and past performance does not indicate future results. Mentions of index constituents are for illustrative purposes only and do not constitute investment advice or reflect any fund's holdings or trading activities. The fund manager assesses the双创龙头ETF's risk level as R4 (medium-high risk), suitable for aggressive (C4) or higher investors, with suitability assessments subject to sales institutions. All information provided is for reference only, and investors are responsible for their own investment decisions. No views, analyses, or forecasts constitute investment advice, and no liability is accepted for direct or indirect losses from using this content. Fund investments carry risks; past performance does not guarantee future results, and other funds' performance does not indicate future ETF performance. Invest with caution.
MACD golden cross signals have formed, indicating positive momentum for several stocks.