Sci-Tech Innovation 50 ETF Penghua rises over 3.7%, semiconductors lead the market rally

Signs of improvement in the Iran-Iraq situation have emerged, geopolitical risk has declined, and the technology sector has surged strongly. The semiconductor sector has strengthened as well. On the news front, since April, a wave of price increases sweeping through the global semiconductor industry chain is accelerating transmission from the cost end to the entire chain. From international IDM giants such as Infineon and Texas Instruments to leading domestic manufacturers such as Jinghe Integrated and Puran Shares, many firms have issued concentrated pricing adjustment notices, indicating that the industry is shifting from the prior phase of price competition to a phase focused on restoring margins.

China Galaxy Securities said that Japanese materials supplier MGC announced that, effective April 1, its electronic materials division’s key products will be comprehensively increased in price by 30%. Recently, a supplier of Japanese WF6 has also begun notifying some Korean semiconductor companies that there has been an interruption in its raw material supply. The price-increase wave in semiconductor materials is becoming ever more evident, and supply-chain security may become a key focus.

As of April 8, 2026 at 09:47, the Shanghai STAR Market 50 Index constituents (000688) are up strongly by 3.96%. Among constituent stocks, Guobo Electronics is up 7.33%, Inspur Control Technology is up 7.13%, SunRays Communications is up 6.05%, and stocks such as Keer Technology, Shengyi Electronics, and others are also moving up in tandem. The Penghua CSI STAR 50 ETF (588040) is up 3.75%, with the latest price at 1.36 yuan.

The Penghua CSI STAR 50 ETF closely tracks the Shanghai STAR Market 50 Index. The Shanghai STAR Market 50 Index is made up of 50 securities selected from the Shanghai Stock Exchange STAR Market with large market capitalization and good liquidity. It reflects the overall performance of a group of STAR Market companies that are most representative of the market.

Data shows that, as of March 31, 2026, the top ten weightings of the Shanghai STAR Market 50 Index (000688) are, respectively, Cambricon, Hygon Information, SMIC, GigaDevice, AEData, C-Sky Microsystems, OpenV, TeraXion Technology, United Imaging Healthcare, and Kingsoft Office. The combined share of the top ten weighted stocks is 55.25%.