Optical module leader Xin Yisen surged over 4%! Huabao Fund's Double Innovation Leader ETF ( 588330) climbed 0.85% against the market, attracting 5.66 million yuan in a single day.

On Friday (March 13), the A-share market consolidated with overall weak performance. The broad-based hard technology sector covering the STAR Market and ChiNext high-growth leaders—Double Innovation Leading ETF (588330)—stood out and performed actively against the trend, with intraday prices reaching a high of 0.85%, currently up 0.32%. According to Shanghai Stock Exchange data, this ETF attracted 5.66 million yuan in net inflows yesterday, reflecting investor confidence in the future prospects of the hard technology track and active deployment through ETFs!

In terms of specific sectors, leading optical module company New Easy盛 led gains of over 4%, Zhongji Xuanchuang rose more than 1%; semiconductor leader Jiangbolong increased over 3%, photovoltaic leader Sunlight Power rose over 2%, with stocks like SMIC and CATL also showing gains.

Figure: Top 10 constituent stocks by performance in the Double Innovation Leading ETF

On the news front, the hard technology sector remains a key focus:

1. In power equipment, “Developing new energy storage” was included as an independent statement for the first time in the Government Work Report, marking that new energy storage has risen from industry exploration to a national strategic priority. With policy support and emerging demand driven by AI computing power, Tianfeng Securities is optimistic about investment opportunities brought by the transformation of power supply systems in the AI era.*

2. In optical modules, CITIC Construction Investment believes that demand for 800G optical modules will maintain rapid growth through 2026, with 1.6T shipment scale also expanding significantly, and R&D for 3.2T modules has officially begun. As GPUs and ASICs rapidly upgrade, computing power continues to improve, and data transmission needs are also increasing substantially.*

Guolian Minsheng Securities pointed out that in the “14th Five-Year Plan” major projects list, the proportion of new quality productivity projects around new industries and frontier technology breakthroughs has significantly increased*. Shanxi Securities believes that technological innovation has become the core engine of global industrial upgrading. Looking ahead to 2026, the development of the tech industry is supported by clear policies, defined technological iteration paths, and foreseeable commercial scenarios, offering both short-term explosive potential and long-term growth value.*

【No fear of rotation, one-click package of China’s hardcore technology】

The broad-based hard technology ETF—Double Innovation Leading ETF (588330)—and its off-market connection funds (Class A: 013317 / Class C: 013318) select the top 50 large-cap listed companies in strategic emerging industries from the STAR Market and ChiNext as index samples, covering hot themes like optical modules, semiconductors, and photovoltaic equipment. Additionally, this ETF is a target of both 【Margin Trading & Short Selling】 and 【Interconnection】, making it an efficient tool for one-click deployment of new quality productivity.

Notably, the Double Innovation Leading ETF (588330) index was crowned “2025 Broad-Based Growth King,” with a cumulative increase of 60.86% in 2025, outperforming major broad-based indices such as ChiNext 50 (57.45%), ChiNext Index (49.57%), STAR Market Composite Index (46.30%), and Sci-Tech Innovation 50 (35.92%).

*Institutional reference sources: ① Tianfeng Securities’ March 10 report “AI Power Supply Special: Rapid Growth in AI Energy Consumption Sparks Important Power Architecture Changes”; ② CITIC Construction Investment’s March 11 report “AI-Driven 800G Optical Modules to Sustain High Growth in 2026, 1.6T Shipment and 3.2T R&D Initiatives”; ③ Guotai Haitong Securities’ March 6 report “2026 Government Work Report ‘Technology Sector’ Interpretation: AI Blossoms, Tech Self-Reliance”; ④ Guolian Minsheng Securities’ March 5 report “2026 Government Work Report Review: New Ideas for a Startup Year”; ⑤ Shanxi Securities’ March 10 report “Focusing on ‘New Quality Productivity,’ Anchoring Six Major Tech Investment Themes.”

ETF fee-related notes: The Double Innovation Leading ETF does not charge sales service fees. Subscription and redemption agents may charge a commission up to 0.5%, including fees from stock exchanges, registration agencies, etc. Intraday trading costs are based on actual charges by securities firms.

Connection fund fee notes: Huabao CSI Sci-Tech Innovation & Entrepreneurship 50 ETF Initiated Connection Fund (Class A) 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 within 7 days of holding is 1.5%, between 7 and 30 days is 0.1%, over 30 days is 0%, with no sales service fee. Huabao CSI Sci-Tech Innovation & Entrepreneurship 50 ETF Initiated Connection Fund (Class C) charges no subscription fee, with redemption fees of 1.5% within 7 days, 0% after 7 days, and a sales service fee of 0.3%.

Risk warning: The Double Innovation Leading ETF passively tracks the CSI Sci-Tech Innovation & Entrepreneurship 50 Index, which was launched on December 31, 2019, and published on June 1, 2021. The index’s annual gains/losses from 2020-2024 are: 86.90%, 0.37%, -28.32%, -18.83%, 13.63%. Its constituent stocks are adjusted according to the index rules; past performance does not predict future results. The stocks mentioned are for illustration only and do not constitute investment advice or reflect the holdings or trading activities of any fund managed by the manager. The risk level of the ETF is assessed as R4—medium-high risk, suitable for active investors (C4) and above. Suitability should be confirmed with the sales institution. All information in this article (including stocks, comments, forecasts, charts, indicators, theories, etc.) is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and forecasts expressed do not constitute investment advice. The past performance of funds does not guarantee future results, and the performance of other funds managed by the manager does not imply performance guarantees. Investment involves risks; please invest cautiously.