Science and Technology Composite Index ETF Penghua (589680) hit 5 consecutive gains, institutions: AI will become a must for this round of trade disputes
DATE:  Apr 14 2025

As of 14:12 on April 14, 2025, the SSE Science and Technology Innovation Board Composite Index (000680) rose 0.61%, the constituent stocks Yuekang Pharmaceutical (688658) rose 19.91%, Sinovac Pharmaceutical (688136) rose 16.90%, Huafeng Technology (688629) rose 11.72%, Lude Environment (688156) rose 8.36%, and Nanya New Materials (688519) rose 8.04%.

The Science and Technology Innovation Composite Index ETF Penghua (589680) rose 0.76%, hitting a five-day winning streak.

Shenwan Hongyuan Securities pointed out that the AI industry chain continues to break through - the breakthrough of domestic computing power× the revolution of physical intelligence× the first year of mass production of robots, every callback in the market is a chip and then precipitate. The follow-up catalytic nodes of the AI industry chain may be concentrated in May and June, when Alibaba, Tencent and others are expected to release AI agent products.

China Merchants Securities said that in addition to taking basic tariff measures against the United States, China is expected to further increase policy support and capital supply for the technology sector, domestic substitution and independent control, and compete with the United States from the scientific and technological level. Specifically, the technology industry, especially AI, will be the battleground for this round of trade disputes. Looking forward to the trade dispute in Trump's second term, in addition to taking basic tariff measures against the United States, China is expected to further increase policy support and capital supply for the technology sector, domestic substitution and independent control, and compete with the United States from the scientific and technological level.

The STAR Market Composite Index ETF Penghua (589680) closely tracks the SSE STAR Market Composite Index, which is composed of a sample of securities of eligible companies listed on the SSE STAR Market, and includes the sample dividends in the index returns, reflecting the overall performance of the securities of companies listed on the SSE STAR Market after including the dividend income.

According to the data, as of March 31, 2025, the top 10 weighted stocks of the SSE Science and Technology Innovation Board Composite Index (000680) are Haiguang Information (688041), Cambrian (688256), SMIC (688981), Kingsoft Office (688111), China Micro Corporation (688012), Transsion Holdings (688036), United Imaging Medical (688271), Baili Tianheng (688506), Montage Technology (688008), JinkoSolar (688223), the top 10 weighted stocks accounted for 22.34% of the total.

STAR Composite Index ETF Penghua (589680), OTC Connect A: 023757; Join C: 023758.

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