Nvidia's 2027 Revenue to Reach $1 Trillion? Hong Kong Tech Stocks Surge Higher, Market's Only Hong Kong Tech ETF (159131) Jumps 1.6%

Today (March 17), the market opened higher, with Hong Kong stocks continuing yesterday’s strong momentum and rebounding further. The Hong Kong Stock Connect Information Technology Index (HKGITC) surged 1.8%, with multiple smart points soaring over 20%, Cinda Technology’s layered boards up over 7%, and several stocks like Kingdee International, SenseTime-W, and Kingsoft Software rising over 3%. The only market-wide Hong Kong Information Technology ETF (159131) opened high and continued upward, now up 1.64%, hitting a consecutive positive streak.

In terms of news, NVIDIA CEO Jensen Huang announced at GTC that revenue forecasts have been raised to $1 trillion by 2027, showcasing Vera Rubin and Rubin Ultra architecture, CPO switches, and Groq LPU inference systems. He also launched the minimalist shrimp farming platform NemoClaw and the Nemotron alliance.

CITIC Construction Investment believes that under the overall slowdown of industry capacity expansion, the penetration driven by localization remains an important source of future growth for the equipment sector. We expect the domesticization rate of equipment to rapidly increase in the future, with leading equipment manufacturers potentially seeing order growth of over 20-30% by 2025. The localization process of key components, especially critical parts, is expected to accelerate, and the overall fundamentals of the sector are positive.

Pointing directly to a super cycle in Hong Kong chip stocks! The T+0 Hong Kong chip industry chain ETF—the first market-wide Hong Kong Information Technology ETF focusing on the “Hong Kong chip” industry chain (159131)—has a target index composed of “70% hardware + 30% software,” heavily weighted toward Hong Kong-listed “semiconductors, electronics, and computer software.” It includes 45 Hong Kong tech companies, with SMIC (Semiconductor Manufacturing International Corporation) accounting for 14.07%, Xiaomi Group-W for 12.41%, and Huahong Semiconductor for 7.47%. Excluding large-cap internet giants like Alibaba, Tencent, and Meituan, the ETF has a sharper focus, making it easier to capture the AI and hardware trends in Hong Kong stocks. (As of March 11, 2026)

Data sources: China Securities Index Co., Ltd., Shanghai and Shenzhen Stock Exchanges.

Note: “The only market-wide” refers to the only ETF tracking the CSI Hong Kong Stock Connect Information Technology Composite Index.

Fund fee disclosure: The Hong Kong Information Technology ETF’s subscription and redemption agents may charge a commission of up to 0.5%. On-exchange trading fees are based on the actual charges by securities firms. No sales service fee is charged.

Risk warning: The Hong Kong Stock Connect Information Technology ETF passively tracks the CSI Hong Kong Stock Connect Information Technology Composite Index, which was established on November 14, 2014, and launched on June 23, 2017. The index components shown are for display purposes only; individual stock descriptions do not constitute investment advice and do not reflect holdings or trading activities of any fund managed by the fund manager. This product is issued and managed by Huabao Fund, with distribution handled by agents who do not assume investment, redemption, or risk management responsibilities. Investors should carefully read the “Fund Contract,” “Prospectus,” “Fund Product Summary,” and other legal documents to understand the fund’s risk-return profile and choose products suitable for their risk tolerance. Past performance does not predict future results, and the performance of other funds managed by the fund manager does not guarantee future performance. Investment in funds involves risks; proceed with caution! The fund manager assesses the risk level of this fund as R4—Moderately High Risk, suitable for active investors (C4) and above. Sales organizations (including the fund manager’s direct sales channels and other sales agents) must evaluate the fund’s risk according to relevant laws and regulations. Investors should pay attention to suitability opinions issued by sales organizations and rely on their matching results. Different sales institutions may have varying suitability opinions, and the risk level assessments provided by sales agents should not be lower than those made by the fund manager. Differences may exist between the fund’s risk-return characteristics and its risk level due to different considerations. Investors should understand the fund’s risk-return profile, consider their own investment objectives, time horizon, experience, and risk capacity, and choose funds carefully, bearing all risks themselves. The China Securities Regulatory Commission’s registration of this fund does not imply any substantive judgment or guarantee regarding its investment value, market prospects, or returns. Funds carry risks; invest cautiously!

MACD golden cross signals have formed, and these stocks are showing good upward momentum!