Live Updates > Live Update Details
2025-09-25 05:09:23
On September 24th, the three major A-share indices opened low but ended higher. A surge in stocks across the semiconductor industry sparked a surge in limit-up prices, driving a significant surge in the net value of related active equity funds and thematic ETFs. Many ETFs experienced daily turnover exceeding 50%, with some products boasting a trading volume approaching 2 billion yuan, a record high since their listing. Chip-themed ETFs experienced a bumper harvest. Public fund managers noted that the recent surge in the semiconductor equipment sector is no accident; it represents the market's "voting with its feet" in favor of a more certain direction, as evidenced by the frequent positive industry news. Looking ahead, fund managers believe the industry cycle is on the rise, with the domestic production rate of semiconductor equipment and materials expected to increase over the long term. This is a major trend, with improving performance among related companies. Furthermore, the continued strong global semiconductor market is driving capital expenditure expansion, which is also positive for earnings expectations among equipment and materials companies.
