The momentum continues! This afternoon (September 17), the ChiNext Index led gains with over 1.8% growth, while the STAR Market kept pace. The Hard Technology Broad-Based Double Creation Leading ETF (588330), which covers high-growth leaders from both boards, saw its intraday price surge over 1.3%, currently up 1.03%, reaching its highest level since December 2021! Real-time trading volume exceeded 52 million yuan, showing active participation.
Among component stocks, Sunlord Electronics rose over 8%, Contemporary Amperex Technology Co., Limited (CATL) gained more than 7%, Semiconductor Manufacturing International Corporation (SMIC) climbed nearly 7%, with Yealink Network Technology, Advanced Micro-Fabrication Equipment Inc. China, and Roborock Technology following with significant gains.
On the capital flow front, as of press time, the power equipment and electronics sectors, which are heavily weighted in the Double Creation Leading ETF (588330)'s underlying index, attracted net main fund inflows of 13 billion yuan and 11.8 billion yuan respectively, topping the 31 Shenwan Level-1 industries. Component stock CATL received net main fund inflows of 2.13 billion yuan, ranking second on the A-share capital attraction list. SMIC attracted net main fund inflows of 1.408 billion yuan, ranking 7th on the A-share capital attraction list.
Regarding electronics, informed sources revealed that SMIC may be testing deep ultraviolet lithography equipment manufactured by Shanghai startup Primarius Technologies. This machine employs immersion technology, similar to technology used by ASML.
On September 15, the 2025 National Cybersecurity Publicity Week Cybersecurity Entrepreneurs Symposium was held at the Kunming Dianchi International Convention and Exhibition Center. The Cyberspace Administration of China indicated that leading enterprises need to shoulder responsibility for tackling "chokepoint" technology challenges, focusing on key areas such as chips, accelerating the development of autonomous and controllable security chips to break monopolies, and helping small and medium enterprises improve security capabilities through mentorship programs.
In power equipment, the 2025 World Energy Storage Conference was held in Ningde, Fujian on September 17. Previously, CATL announced that the company released sodium-ion batteries in April. The sodium-ion passenger vehicle power batteries possess excellent low-temperature energy retention and safety performance. In early September, the company's sodium-ion batteries passed New National Standard certification, becoming the world's first sodium-ion batteries to pass such certification. Currently, the company's sodium-ion passenger vehicle power batteries are progressing smoothly in development cooperation with customers.
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 such as AI and innovative pharmaceuticals are expected to form "new narratives," driving sustained benefits for broad-based indices with technology attributes.
**Why Invest in Technology Markets Through Broad-Based Indices?**
1. Risk diversification, avoiding "putting all eggs in one basket": The technology industry has numerous sub-sectors (such as semiconductors, AI, new energy, innovative pharmaceuticals), rapid technological iteration, and high individual stock volatility. Broad-based indices purchase a basket of component stocks, effectively smoothing black swan risks from single tracks or individual stocks.
2. Capturing sector rotation, avoiding "missing out": Technology markets also experience internal rotation. Broad-based indices cover multiple technology sub-sectors, helping investors grasp overall trends during market rotation and avoid missing opportunities due to betting on wrong sub-sectors.
3. Policy-driven, capturing industry upward beta: A research report indicates that this round of technology growth market rises is attributed to policy shifts and expectation changes. Future policy implementation and marginal economic improvement will continue driving this market cycle, recommending investment in broad-based indices representing overall technology trends to capture industry upward beta.
**Mining New Quality Productive Forces, Investing in China's "NASDAQ"**
Focus on the three major characteristics of the Hard Technology Broad-Based Double Creation Leading ETF (588330) and its off-market feeder funds (A-class: 013317 / C-class: 013318):
1. Cross-market diversified allocation, 100% strategic emerging: The underlying index selects 50 strategic emerging industry listed companies with larger market capitalizations from the STAR Market and ChiNext as index samples, gathering high-growth leaders and encompassing popular themes such as new energy, semiconductors, and medical devices.
2. Growth-style "combat fund," one-click allocation to China's top technology: Against the backdrop of global technology competition, the importance of technological self-reliance and industrial chain autonomy has risen to new heights, with "China's NASDAQ" emerging.
3. High-elasticity tool capturing technology markets, low-threshold layout of breakthrough forces: The underlying index has 20% price movement limits with greater volatility, capable of serving 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: The Double Creation Leading ETF and its feeder funds passively track the CSI Science and Technology Innovation and Growth Enterprise 50 Index. This index has a base date of December 31, 2019, and was released on June 1, 2021. Index component stock composition is adjusted timely according to index compilation rules, and its backtested historical performance does not indicate future index performance. Index component stocks mentioned in the article are for display purposes only. Individual stock descriptions do not constitute any form of investment advice, nor do they represent holding information and trading movements of any fund under the management company. The fund management company evaluates the Double Creation Leading ETF risk level as R4-medium-high risk, suitable for aggressive (C4) and above investors. Appropriateness matching opinions should be based on sales institutions. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors must be responsible for any autonomous investment decisions. Additionally, any views, analyses, and predictions in this article do not constitute any form of investment advice to readers, nor do they bear any responsibility for direct or indirect losses caused by using the content of this article. Fund investment carries risks. Past performance of funds does not represent their future performance. Performance of other funds managed by the fund management company does not constitute a guarantee of fund performance. Fund investment should be approached with caution.
MACD golden cross signal formed, these stocks show good upward momentum!