The underlying index of the Semiconductor Equipment ETF E Fund (159558) rose by over 1%, attracting over 300 million in a single day.

As of 9:36, the CSI Semiconductor Materials and Equipment Theme Index (931743) rebounded with a 1.19% gain. Among its weighted stocks, AMEC rose 1.79%, NAURA Technology Group rose 1.91%, Changchuan Technology rose 2.79%, Piotech rose 1.72%, Huahai Qingke rose 1.16%, Zhongke Feice rose 4.25%, Jiangfeng Electronics rose 0.68%, Huafeng Microelectronics rose 0.85%, Kingsemi rose 1.37%, and Shanghai Silicon Industry rose 0.04%. As of the previous trading day, the index had gained 152.84% over the past year.

The E Fund Semiconductor Equipment ETF (159558) has continued to attract capital inflows. As of the previous trading day, the fund absorbed over 300 million RMB in a single day, over 1.9 billion RMB over the past 5 days, over 5.2 billion RMB over the past 10 days, and over 11.8 billion RMB over the past 20 days. It received a net margin buying volume of 394 million RMB in the past month, ranking second among similar ETFs.

In terms of news, data released by the Semiconductor Industry Association (SIA) showed that global semiconductor sales reached $120.61 billion (approximately 19.5 trillion yen) in May, doubling compared to the same period last year. Global semiconductor sales have now seen year-on-year growth for 31 consecutive months.

By region, sales in the "Americas," including the United States, increased to 2.3 times the level of the same period last year, reaching $42.85 billion, leading the growth. Sales in "Mainland China" grew 88.8% year-on-year to $31.97 billion, "Europe" grew 60.7% to $7.1 billion, and "Japan" grew 23.8% to $4.58 billion.

Galaxy Securities believes that although global chip stocks have generally declined since July, the industry's fundamentals have not deteriorated substantially. Continued rises in storage prices, TSMC's upward revision of full-year capital expenditure to $60-64 billion, and ASML's earnings beating expectations all confirm that the prosperity in equipment and manufacturing segments is still strengthening. In particular, the domestic computing power sector benefits from the deployment of Huawei's Ascend 950 clusters and the persistent shortage of CoWoS advanced packaging capacity. The logical chain possesses strong resilience, and the current valuation offers allocation value.

The E Fund Semiconductor Equipment ETF (159558) closely tracks the CSI Semiconductor Materials and Equipment Theme Index. This index focuses on the semiconductor equipment and materials sectors, exhibiting strong elasticity amidst the trend of localization.

E Fund Asset Management is a leading comprehensive asset management institution in China, with over 20 years of professional accumulation in index investment. Its index product line comprehensively covers mainstream broad-based indices, involving multiple industry indices, spanning cross-border and cross-market indices, and reaching more than 10 exchanges globally. With a professional index research and investment team, it possesses rich experience in product design and investment management.

The E Fund Semiconductor Equipment ETF (159558) provides an efficient tool for one-click exposure to this high-prosperity track, allowing investors to capture industrial trend dividends amidst volatility. Off-exchange investors can also pay attention to the feeder funds Class A/C (021893/ 021894).