GF Fund CSI Semiconductor Material Equipment Theme ETF

KINGSEMI released FY2026 Q1 earnings on April 29 After-Market BJT, actual revenue CNY 330.59 M, actual EPS CNY 0.02

NSIG released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 1.084 B (forecast CNY 1.285 B), actual EPS CNY -0.146 (forecast CNY 0.04)

NAURA released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 10.32 B (forecast CNY 10.41 B), actual EPS CNY 2.2549 (forecast CNY 2.41)

Skyverse released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 396.02 M, actual EPS CNY -0.21

Anji Technology released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 723.93 M (forecast CNY 723.93 M), actual EPS CNY 1.23 (forecast CNY 1.15)

Piotech released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 1.112 B (forecast CNY 1.061 B), actual EPS CNY 2

AMEC released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 2.915 B (forecast CNY 3.144 B), actual EPS CNY 1.47 (forecast CNY 0.8962)

CCTech released FY2025 earnings on April 24 After-Market (BJT), actual revenue CNY 5.292 B (forecast CNY 5.338 B), actual EPS CNY 2.09 (forecast CNY 1.9367)

CCTech released FY2025 Q4 earnings on April 24 After-Market (BJT), actual revenue CNY 1.513 B (forecast CNY 1.742 B), actual EPS CNY 0.739 (forecast CNY 0.73)

CCTech released FY2026 Q1 earnings on April 24 During-Market (BJT), actual revenue CNY 1.378 B (forecast CNY 991.51 M), actual EPS CNY 0.5472 (forecast CNY 0.4369)

KINGSEMI to Release FY2026 Q1 Earnings on April 30 After-Market (BJT)

NAURA to Release FY2026 Q1 Earnings Report on April 30 During-Market (BJT), Forecast Revenue CNY 10.41 B, EPS CNY 2.41

NATA OPTO-ELECT released FY2026 Q1 earnings on April 23 During-Market (BJT), actual revenue CNY 661.58 M, actual EPS CNY 0.18

NSIG to Release FY2026 Q1 Earnings on April 30 During-Market (BJT), Forecast Revenue CNY 1.285 B, EPS CNY 0.04

Skyverse to Release FY2026 Q1 Earnings on April 29 After-Market (BJT)

Anji Technology to Release FY2026 Q1 Earnings on April 29 After-Market (BJT), Forecast Revenue CNY 740.72 M, EPS CNY 1.5

CCTech to release FY2026 Q1 earnings on April 29 during market hours (BJT), forecast revenue CNY 991.51 M, EPS CNY 0.4369

HWATSING released FY2026 Q1 earnings on April 22 During-Market (BJT), actual revenue CNY 1.201 B (forecast CNY 1.173 B), actual EPS CNY 0.7 (forecast CNY 0.96)

Piotech to release FY2026 Q1 earnings report on April 28 during market hours (BJT), forecast revenue CNY 1.061 B

AMEC to Release FY2026 Q1 Earnings on April 28 During-Market (BJT), Forecast Revenue CNY 3.144 B, EPS CNY 0.8962

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BofA warns that the semiconductor index is 62% above its 200-day moving average, surpassing dot-com bubble metrics. Analyst Michael Hartnett suggests a potential final bullish push into early June before profit-taking occurs. Concerns about the rally's narrow breadth echo patterns from the late 1990s, raising questions about its sustainability.

China Merchants CSI Semiconductor Industry ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

SPDR S&P Semicon

Guotai CES Semiconductor Chip Industry ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Invesco PHLX Semiconductor ETF

Harvest CSI All Share Integrated Circuit ETF

iShares Semiconductor ETF

Harvest SSE STAR Chip ETF

Direxion Semicon Bull 3X

VanEck Semiconductor ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

Guotai CSI All Share Integrated Circuit ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Bank of America

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

BofA warns semiconductor rally exceeds dot-com bubble metrics

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Yesterday, EPIWORLD triggered a golden cross signal on the daily MACD zero axis in the Hong Kong stock market, with a trading volume of approximately HKD 95.78 million, indicating an increase in capital activity. As a specialized manufacturer in the field of silicon carbide (SiC) epitaxial wafers, EPIWORLD's recent performance has gradually emerged from the bottom range, with bullish momentum beginning to accumulate. A golden cross forming above the zero axis on the MACD is typically seen as a confirmation signal of a mid-term trend shifting from weak to strong, suggesting that buying power is currently dominating the market rhythm. Although the trading volume is not as high as that of large-cap blue chips, it is considered active for a company of this market capitalization, reflecting that some funds are actively positioning themselves. On the news front, the semiconductor materials sector continues to be catalyzed by both policy and industry factors. The latest data from the Ministry of Commerce shows a significant increase in integrated circuit trade in the first four months, with improved industry chain prosperity driving demand for upstream materials. Recently, SICC surged 18% in the Hong Kong stock market, and INNOSCIENCE rose over 3%, indicating a strengthening trend in the third-generation semiconductor sector. EPIWORLD, as a core target for silicon carbide epitaxial wafers, is expected to benefit from the sector rotation effect. The strong global demand for AI hardware is driving a continuous shortage of upstream semiconductor equipment and materials, providing support for the company's fundamentals. From a technical perspective, EPIWORLD's trading volume has gradually rebounded recently, indicating that external funds are entering the market in batches. Currently, attention should be paid to whether the stock price can maintain the upward volume trend and break through the upper boundary of the recent fluctuation range. If the trading volume can consistently stay above HKD 80 million, the probability of continued bullishness will increase. The performance of SICC and INNOSCIENCE within the sector will serve as a reference, and the overall sentiment in the semiconductor sector is an important variable

Technical Forecast

EPIWORLD

SICC

INNOSCIENCE

Guotai CSI Semiconductor Material Equipment Theme ETF

First Trust Nasdaq Food & Semicon

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Pre-market trend | EPIWORLD (2726.HK) 5/14 Bullish signals emerge, is the third-generation semiconductor poised for takeoff?

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Chinese memory module manufacturers are ramping up production of DDR5 chips, led by ChangXin Memory Technologies (CXMT). Powev has begun mass production of its Sinker-branded DDR5 server memories, while other vendors are also releasing products based on CXMT's technology. CXMT aims for a domestic listing to raise 29.5 billion yuan, with its revenue rising 97.8% year-on-year. The global memory market is experiencing a strong upcycle, driven by AI demand, creating opportunities for Chinese manufacturers to secure DRAM supply and expand their product offerings.

SCMP

Invesco Semiconductors ETF

Yinhua MSCI China A ETF

China Southern CSI Semiconductor Industry Custom ETF

Roundhill Memory ETF

China Southern SSE STAR Chip ETF

Samsung Electronics Co., Ltd. Sponsored GDR

Samsung Electronics 

Micron Tech

XIAOMI-W

Xiaomi Corporation

TRANSSION

LENOVO GROUP

Lenovo Group

CMSC

Sugon

XIAOMI-WR

Xiaomi HK SDR 2to1

LENOVO GROUP-R

Chinese memory module makers ramp up production with new CXMT DRAM

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中证全指

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Chinese stocks reached an 11-year high, driven by a tech rally fueled by AI optimism and strong export growth. The Shanghai Composite index rose 1.1% to 4,225.02, while the CSI 300 Index increased by 1.7%. The CSI Semiconductor Index surged 6.3% to a record high. China's export growth rebounded in April, supported by demand from AI-related industries. Additionally, the producer price index hit a 45-month high. Investors are also focused on the upcoming meeting between US President Trump and Chinese President Xi Jinping, discussing key global issues.

Businesstimes News

SSE Index

CSI 300

GX CN SEMICON

CAM CSI300

Guotai CSI Computer Theme ETF

Bosera CSI Semiconductor Industry ETF

Tianhong CSI Computer Theme ETF

GX CN SEMICON-U

CAM CSI300-R

GX CN ROBO&AI

China stocks hit 11-year high on AI optimism, exports rebound

YINN

Hong Kong stocks closed on May 11 with the three major indices fluctuating narrowly to finish flat. Market trading was active, with full-day turnover exceeding HK$370 billion. Accelerated mass production of Nvidia's new AI platform and high prosperity expectations for memory chips catalyzed a counter-trend surge in the semiconductor, memory, and PCB sectors. SICC soared over 25%, while the 2x Leveraged SK Hynix ETF skyrocketed over 24%. Conversely, weighed down by concerns over US Inflation Expectations data and delayed rate cut expectations, tech Majority Stake stocks faced widespread pressure and retreated, with Alibaba and Baidu falling over 3%. Additionally, mainland property stocks strengthened, boosted by improving macroeconomic data and expectations of improved Sino-US relations, while the new energy vehicle sector showed divergent trends

Market Pulse

Direxion FTSE China Bull 3X

Direxion FTSE China Bear 3X

HK Stocks Close | Semiconductor Sector Leads Gains; Tech Majority Stake Stocks Retreat Collectively

Compal Electronics and Verda have announced a strategic partnership to enhance AI infrastructure across Europe and the APAC region. Compal will provide next-generation GPU server systems designed for high-density, liquid-cooled AI applications. This collaboration aims to meet the rising demand for localized AI compute, focusing on data residency, security, and regulatory compliance. Both companies emphasize the importance of energy-efficient and high-performance deployments in the evolving AI landscape.

prnewswire

Global X Cloud Computing ETF

Pacer Data & Infrastructure Real Estate ETF

iShares US Digital Infrastructure and Real Estate ETF

03:45 ETVerda and Compal Announce Partnership to Accelerate AI Infrastructure Development and Expansion

DeepSeek, a leading AI company in China, is set to be valued at nearly $45 billion following its first external financing round in three years, led by the National Integrated Circuit Industry Investment Fund. This significant increase from $20 billion reflects strong market recognition of China's AI capabilities. The investment marks a strategic shift for the fund into the AI sector, highlighting the synergy between AI and semiconductors. As AI technology evolves and penetrates various industries, China's AI market is projected to exceed 10 trillion yuan, indicating robust growth and development opportunities.

CoinLive

DeepSeek

DeepSeek's valuation is nearly $45 billion, ushering in new development opportunities for domestic AI.

ASPEED Technology announced its participation in the OCP EMEA Summit, showcasing its OBMF-ICP over USB solution for data center management. This innovation, demonstrated through the AST2700 BMC and AST1030 AMC, consolidates multiple legacy interfaces into a single USB connection, enhancing scalability and simplifying design. Charles Kuan, Sales VP, emphasized the solution's role in providing a robust management infrastructure for next-generation OCP platforms. Founded in 2004, ASPEED is recognized for its innovative SoC solutions in Cloud & Enterprise and Smart AV markets, receiving multiple accolades for its performance and leadership in the semiconductor sector.

Fidelity

VanEck Vectors Semiconductor UCITS ETF Accum A USD

Broadcom

ASPEED to Showcase OBMF-ICP over USB Solution for Streamlined Data Center Management at OCP EMEA Summit

China's industrial profits grew by 15.5% in Q1, with operating margins reaching a three-year high of 5.1%. This growth is attributed to proactive economic policies, including tax cuts and improved financing conditions. High-tech manufacturers saw profits surge over 47%, driven by advancements in AI and semiconductors. Despite positive trends, challenges remain, including external uncertainties and domestic demand issues. Experts emphasize the need for stability and quality improvement in the industrial sector to sustain this growth.

- In the first quarter of 2026, China's industrial profits accelerated due to improved economic policies, with a year-on-year profit increase of 15.5% for industrial enterprises earning at least 20 million RMB.  
- The overall profit margin reached 5.1%, the highest in three years, supported by favorable policies like tax cuts and improved financing conditions.  
- High-tech manufacturing saw a significant profit surge of over 47%, particularly in sectors such as AI and semiconductors, indicating a shift towards advanced production capabilities.

Yicai

China’s Industrial Profits Grow Faster in First Quarter as Operating Margin Hits Three-Year High

INTC

Asian markets saw tech stocks rise, driven by optimism in AI spending, while oil prices surged due to faltering U.S.-Iran peace talks, with Brent crude exceeding $107 a barrel. Natural gas prices also spiked, raising inflation concerns. Chipmakers gained attention after Intel's positive revenue forecast, boosting semiconductor shares in Taiwan and South Korea. Investors are cautious ahead of central bank meetings, with Goldman Sachs predicting Brent crude at $90 per barrel by year-end. Diplomatic tensions persist, but there are signs of potential easing regarding the Strait of Hormuz.

- Asian markets saw tech stocks rise, fueled by optimism over AI spending.  
- Oil futures surged due to stalled U.S.-Iran peace talks, pushing Brent crude above $107 a barrel amid fears of supply disruptions.  
- Upcoming earnings from U.S. tech giants could influence investor sentiment, as markets monitor central bank meetings and potential rate changes.

GF Fund CSI Semiconductor Material Equipment Theme ETF(560780.SH)