Apple sales grew strongly by 23%! The Huabao Fund Electronics ETF (515260), which has over 46% exposure to the Apple supply chain, surged 1.5% intraday, and Zoltech hit the 20CM daily limit!

Today (March 20), the Apple supply chain weight ratio in the Electronics ETF (515260), which accounts for over 46%, was active in the morning session, with an intraday increase of 1.52%, currently up 0.61%, pushing for a third consecutive positive daily candle!

In terms of constituent stocks, Zhuosheng Micro 20CM hit the daily limit, Top Jing Technology rose over 6%, Dongshan Precision and Anker Innovation gained more than 5%, while stocks like Shengbang Co., Sanan Optoelectronics, and Huachuang Technology followed suit.

On the news front, market research firm Counterpoint data shows that from January to early March this year, China’s overall smartphone market declined by 4% year-on-year. However, Apple iPhone sales in China for the first nine weeks defied the trend, growing strongly by 23%.

Notably, Apple is about to launch a foldable iPhone, which will include an iOS update, introducing iPad-like layout and split-screen multitasking features for the first time, enhancing device multitasking appeal.

Aijian Securities believes that the high-end positioning and massive sales volume of the iPhone will potentially drive a high-speed growth turning point for the entire Apple industry chain.

Looking ahead to the electronics sector, CITIC Securities points out that whether driven by event catalysts or signals from volume and price, the narratives of price increases and AI remain within a safe zone. From a allocation perspective, AI exposure + supply constraints = price increase expectations. It is expected that the trend of price hikes will continue through March, with narrative-driven and price increase catalysts still likely to be the main themes.

【Embrace Tech Giants, Seize Development Opportunities】

Electronics ETF (515260) and its associated funds (A: 012550 / C: 012551) passively track the Electronics 50 Index, heavily weighted in semiconductors and consumer electronics, gathering hot industries like AI chips, automotive electronics, 5G, and printed circuit boards (PCBs). Key holdings include Lixun Precision, Cambrian, Foxconn Industrial Internet, and SMIC. Additionally, this ETF is a margin trading and interconnection target, serving as an efficient tool for one-click deployment of core assets in the electronics sector.

The index underlying the Electronics ETF (515260) covers popular tech concepts. As of the end of February, Apple, Nvidia, and Google’s industry chain weights were 46.56%, 29.30%, and 23.27%, respectively, deeply linked to global tech giants’ growth dividends, with potential to benefit from industry expansion and technological innovation of tech giants.

ETF fee details: When investors subscribe or redeem fund shares, the broker may charge a commission of up to 0.5%, which includes fees from stock exchanges, registries, etc. The ETF does not charge sales service fees. The Huabao CSI Electronic 50 ETF Initiated Link Fund (A class) has a subscription fee of 1,000 yuan per transaction for subscriptions of 2 million yuan or more, 0.6% for 1-2 million yuan, and 1% below 1 million yuan; redemption fee is 1.5% if held less than 7 days, 0% if held 7 days or more, with no sales service fee. The C class of the Huabao CSI Electronic 50 ETF Initiated Link Fund charges no subscription fee, with redemption fees of 1.5% if held less than 7 days, 0% otherwise; sales service fee is 0.2%.

Risk warning: The Electronics ETF and its associated funds passively track the CSI Electronic 50 Index, which was established on December 31, 2008, and published on July 22, 2009. The index components are adjusted periodically according to the index rules. Past performance does not predict future results. The stocks and index components mentioned are for display only; descriptions do not constitute investment advice and do not reflect holdings or trading activity of any fund managed by the manager. The fund manager assesses the risk level of the Electronics ETF as R3—medium risk, suitable for balanced (C3) and above investors. Suitability opinions are subject to sales institutions. All information in this article (including but not limited to stocks, comments, forecasts, charts, indicators, theories, or any other statements) is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and forecasts in this article do not constitute investment advice and the fund manager is not responsible for any direct or indirect losses resulting from the use of this content. Fund investments carry risks; past performance does not guarantee future results, and the performance of other funds managed by the fund manager does not guarantee the performance of any specific fund. Invest cautiously.

MACD golden cross signals have formed, and these stocks are on a good upward trend!