The main semiconductor sector is soaring, Guotai (159546) integrated circuit ETF is surging strongly, and industry prosperity continues to rebound.

The three major A-shares indices all closed higher, with the ChiNext Index leading the gains in the market, and the Shanghai Composite Index rising in tandem. Against this backdrop, the Guotai Semiconductor ETF (159546), which focuses on the integrated circuit industry, performed particularly well, with intraday gains exceeding 5%, and trading activity significantly increased.

In terms of capital flow, this ETF saw a net inflow of 9.5091 million yuan on the previous trading day, with a total net inflow of 10.1529 million yuan over the past five trading days, and its latest size reaching 307 million yuan; its shares also steadily increased from 123 million shares on April 30 to 129 million shares, a 4.87% increase, reflecting investors’ continued willingness to allocate to the integrated circuit sector.

Notably, the CSI All Share Index of integrated circuits tracked by the Guotai ETF currently has a PE ratio of 130.52, which is within the 20% to 80% percentile range over the past year (historical extremes of 94.57 to 187.02). The valuation level is generally within a normal range, neither significantly overvalued nor undervalued, offering a good medium- to long-term investment value. This index is based on the CSI All Share sample, with detailed four-level industry classifications, covering the entire industry chain including IC design, manufacturing, packaging and testing, and equipment materials, serving as an important indicator of the domestic chip industry’s prosperity.

CITIC Securities’ latest research report pointed out that in the first quarter of 2026, the semiconductor industry will exhibit a “storage price increase + AI computing power drive” dual-resonance feature, with clear improvement in the fundamentals of equipment and domestic GPU-related segments; in the second quarter, accelerated deployment of AI applications is expected to further drive chip demand. It is recommended to focus on leading companies with rapid iteration capabilities and deep domestic substitution. Combining current signals from capital, shares, and valuation, the Guotai Semiconductor ETF (159546) is becoming an efficient tool for capturing the growth mainline of the domestic integrated circuit industry.

Risk warning: Mentioned stocks are only used for industry event analysis and do not constitute any stock recommendation or investment advice. Short-term index fluctuations are for reference only and do not predict future performance, nor do they constitute a promise or guarantee of fund performance. Opinions may change with market conditions and do not constitute investment advice or commitments. Different funds have different risk and return characteristics; investors are advised to carefully read the fund’s legal documents, fully understand product features, risk levels, and distribution principles, and choose products that match their risk tolerance. Please refer to legal documents for fund fee rates.

Daily Economic News