ETF Market Movement | CSOP STAR 50 ETF (03109) Rises Over 5% as AI Boom Drives Semiconductor Supply Chain Stocks Higher

CSOP STAR Market 50 (03109) rose more than 5%. As of the time of writing, it was up 4.92% at HK$17.29, with a trading volume of HK$8.7835 million.

Zhitong FinanceJun 3 11:56

Express News | The CSI STAR 50 Index extended its gains to 4%, currently trading at 1,758.36 points. Chip industry-related stocks led the rally, including Montage Technology, Centec Communications, VeriSilicon Holdings, BIWIN Storage, and Cambricon Technologies.

BreakingsJun 3 11:01

Arm CEO: Overall supply of memory chips remains tight; the underlying indices of Tianhong STAR Market Chip Design ETF (589070) and Tianhong Semiconductor ETF (159310) surged more than 3%, with continued net inflows of capital.

Gelonghui, June 2 — Semiconductor stocks led gains, with VeriSilicon and Cambricon rising more than 5%, driving the underlying index of the Tianhong STAR Market Semiconductor Design ETF (589070) up 3.35% and the underlying index of the Tianhong Semiconductor ETF (159310) up 3.09%. Net capital inflows continued, with the Tianhong STAR Market Semiconductor Design ETF (589070) recording RMB 526.6 million in net inflows over the past five trading days and the Tianhong Semiconductor ETF (159310) recording RMB 377.9 million. The underlying index of the Tianhong STAR Market Semiconductor Design ETF (589070) comprises 50 leading semiconductor companies listed on the STAR Market, covering chip design.

Gelonghui FinanceJun 2 13:32

Interpreting Goldman Sachs Research Report: Memory Shortages to Persist Until 2028—Continue Buying

On June 1, Goldman Sachs released its daily Asia-Pacific equity summary titled "The 720," featuring a long list of companies on the cover: Samsung Electronics (005930.KR), SK Hynix (000660.KR), Kioxia (285A.JP), MediaTek, Lenovo Group (00992.HK), and BYD (002594.SZ). At first glance, it appears to be a comprehensive shopping list; however, upon closer reading, one finds a clear focal point: memory chips. Goldman Sachs’ most significant call in this edition is that the current upcycle in memory markets "will last longer."

PANewsJun 1 14:43

Express News | CSI Indexes: 19 constituents, including VeriSilicon Holdings, Longsys, Envicool, and Lead Intelligent Equipment, are added to the CSI 300 Index.

BreakingsMay 29 17:44

Semiconductor stocks on the A-share market declined collectively, with SMIC dropping more than 5%.

Gelonghui, May 29 | Semiconductor stocks in the A-share market declined collectively. Among them, Pari Electronics, Galaxy Microelectronics, Fudan Microelectronics, Nanxin Technology, and Leaguer Microelectronics fell by more than 8%. Longtu Photomask, Tianyue Advanced, Runxin Technology, Injoinic, Xinhaitech, Kingpack Technology, Liyang Chip, Young Silicon Electronics, Jiehua Tech, Tentyu Tech, XD Debang Tech, Qingyi Optoelectronics, Canxin Shares, and National Silicon Technology dropped by over 7%. Silan Microelectronics, Raythink Technology, Wisewave Microelectronics-U, Astech Materials, Telink Semiconductor, and GRINM Silicon declined by more than 6%. SMIC and VeriSilicon Holdings fell by over 5%.

Gelonghui FinanceMay 29 10:26