Xin Lang Cai Jing·2025-12-04 06:56Core Viewpoint - The A-share technology sector experienced a rebound, with the Sci-Tech Chip 50 ETF (588750) rising over 2% and trading volume significantly increasing, surpassing 118 million yuan during intraday trading [1][3]. Group 1: Market Performance - The majority of the constituent stocks of the Sci-Tech Chip 50 ETF saw gains, with notable increases in optical modules and optical chips. For instance, Yuanjie Technology rose over 6%, while Tuojing Technology increased by over 5% [3]. - The trading activity of the Sci-Tech Chip 50 ETF was notably active, with intraday trading volume exceeding 118 million yuan, indicating a significant increase compared to the previous day's total [1]. Group 2: Company Developments - Tuojing Technology held a performance briefing on December 4, stating that its thin film equipment series has achieved industrial application in storage chip manufacturing, with a full order book and expected demand growth if downstream clients expand production [5]. - Zhongwei Company announced its comprehensive layout in advanced packaging, including etching and CVD equipment, indicating a strong position in the market [5]. - Huahong Company plans to acquire Huali Micro through a combination of stock issuance and cash payment, which will make Huali Micro a subsidiary of Huahong [5]. Group 3: Industry Insights - According to SEMI, global semiconductor equipment shipments are projected to grow by 11% year-on-year in Q3 2025, reaching $33.66 billion, marking the sixth consecutive quarter of growth [6]. - The semiconductor industry is entering a strong recovery phase, driven by AI demand and storage needs, with the global semiconductor market expected to reach $728 billion in 2025, reflecting a year-on-year growth of 15.4% [8]. - The Sci-Tech Chip sector has attracted significant institutional interest, with 1,218 institutions conducting research on constituent stocks in November, a 51% increase from the previous month [6]. Group 4: Investment Opportunities - The Sci-Tech Chip 50 ETF focuses on the core segments of the semiconductor industry, with a high "chip content" and strong growth potential, making it an attractive investment option [12]. - The index's constituent stocks are expected to see a net profit growth rate of 94% for the first three quarters of 2025, with an anticipated full-year growth rate of 100%, significantly outperforming peers [15]. - The Sci-Tech Chip 50 ETF has demonstrated a maximum increase of 187.69% since September 2024, indicating strong upward elasticity compared to other indices [16].