Main funds are flooding in, and the electronics sector is ushering in a wave of "good news" on performance! AI computing power demand is exploding, and Huabao Fund Electronics ETF (515260) defies the market to rise 1.14%.

On Friday (April 3), more than 6 billion yuan in main fund inflows surged into the electronic sector. The sector’s inflow amount ranked second among 31 Shenwan first-level industries, with the Electronics ETF Huabao (515260), which focuses on core electronic sector leaders, seeing an intraday uptick against the trend of 1.14% on a day, and ultimately closed up 0.16%. Worth noting is that this ETF frequently trades in a premium range on-exchange, indicating that buy-side funds are even more forceful. In fact, the ETF also attracted 1.23 million yuan yesterday on a single day.

As for constituent stocks, semiconductor leader Zhuozhi Micro led the gains, up more than 5%; Cambricon and Xinyuan Co., Ltd. rose by more than 2%. PCB (printed circuit board) leader Dongshan Precision rose by more than 4%; Shenghong Technology rose by more than 2%. Consumer electronics leaders Huawei Qin Technology and Lens Technology both rose together by more than 1%.

On the news front, the Electronic Information Industry Division of the Ministry of Industry and Information Technology, together with the planning group for the “15th Five-Year Plan” for electronic information manufacturing, held special symposiums and research sessions with ZTE Corporation and Xiaomi Group in sequence. Company executives stated that the period of the “15th Five-Year Plan” is a critical window for the transformation and upgrading of the electronic information manufacturing industry. A new round of technological revolution centered on AI will deeply reshape the industrial ecosystem, driving the accelerated rise of emerging fields such as AI terminals, compute power infrastructure, and intelligent connected vehicles.

On fundamentals, the electronic sector welcomed a wave of earnings “good news.” As of April 2, 24 companies had released their 2025 annual reports. Of these, 23 listed companies were profitable, 21 companies saw their net profit attributable to shareholders grow by double-digit percentages year over year. Cambricon, Shenghong Technology, and TCL Technology saw a sharp year-over-year increase of 555.24%, 273.52%, and 188.78%, respectively.

Guotai Junan Securities noted that the current electronic industry benefits from the surge in AI compute power demand. The key driving factors are that global tech giants’ capital expenditures exceed expectations, the prices of storage chips continue to rise, and the acceleration of domestic substitution of semiconductor materials. It is suggested to focus on directions such as AI compute power hardware, storage chips and modules, and passive components, where Q1 performance is expected to exceed expectations.*

【Embrace tech giants and seize opportunities for development】

Electronics ETF Huabao (515260) and its index-linked fund (Class A: 012550 / Class C: 012551) passively tracks the CSI Electronics 50 Index. The fund holds heavy positions in the semiconductor and consumer electronics industries, concentrating on popular industries such as AI chips, automotive electronics, 5G, and printed circuit boards (PCBs). Its weight stocks include Lixin Precision, Cambricon, Foxconn Industrial Internet, and SMIC, among others. At the same time, this ETF is a margin trading and interconnection instrument, making it an efficient tool to take one-click positions in core electronic sector assets.

Electronics ETF Huabao (515260)’s underlying index covers popular technology concepts. As of the end of March, the weights in the industrial chains of Apple, Nvidia, and Google are 47.21%, 29.85%, and 24.35%, respectively. It is deeply tied to the growth dividend from global tech giants, and is expected to benefit from these giants’ industrial expansion and technological innovation.

Institutional view reference source: Guotai Junan Securities’ “Electronics Industry Weekly Report (March 29): Pay attention to directions where Q1 performance may exceed expectations.”

Note: Electronics ETF Huabao (515260)’s previous on-exchange shorthand was Electronics ETF.

Risk warning: Electronics ETF Huabao passively tracks the CSI Electronics 50 Index. The base date of this index is 2008.12.31, and it was published on 2009.7.22. The index constituent stock composition is adjusted from time to time according to the index compilation rules. Its backtested historical performance does not indicate the index’s future performance. The individual stocks and index constituent stocks mentioned in this article are for display purposes only. The descriptions of individual stocks do not constitute any form of investment advice, nor do they represent information on holdings or trading actions of any funds managed by the management company. The fund manager has assessed the risk level of Electronics ETF as R3—medium risk. It is suitable for investors of Balanced Type (C3) and above; any suitability matching opinion should be subject to the sales institution. Any information appearing in this article (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of statements) is for reference only. Investors must take responsibility for any investment actions they make independently. In addition, any opinions, analyses, and forecasts in this article do not constitute any form of investment advice to readers, nor does the fund manager bear any responsibility for any direct or indirect losses arising from the use of the contents of this article. Investing in funds involves risk. Past performance of the fund does not guarantee its future performance. The performance of other funds managed by the fund manager does not guarantee fund performance. Investors must be cautious.

The MACD golden cross signal has formed—these stocks are moving up nicely!

A massive amount of information and precise analysis—only in the Sina Finance app

责任编辑：杨红卜