The Sci-Tech Innovation 50 index surged 4%, with nearly 2.45 billion yuan in funds buying the dip over the past 20 trading days!

NightAirdropper · 2026-04-12T10:42:40+00:00

Affected by the "two-week ceasefire," the A-shares opened higher, with the STAR Market 50 Index soaring 4%. After a deep adjustment, this index demonstrates high allocation value, full risk release, falling valuations, and increased safety margins. Semiconductor companies have a high proportion, and the demand for domestic AI chips is growing, supporting the performance expectations of the technology sector. The current pullback presents a good opportunity to position for high-quality technology leaders.

NightAirdropper

2026-04-12 10:42:40

Abstract generation in progress

Influenced by the “two-week ceasefire,” the A-share market opened higher and kept climbing in the morning session. The STAR 50 Index surged 4%, and all 50 held stocks rose. Among them, Guobo Electronics, Inovance Technology, Shengke Communication, and Shengyi Electronics each rose by more than 6%.

From the perspective of recent capital flows, over the past 20 trading days, funds flowed into the STAR 50 ETF Huaxia (588000) totaling 2.45 billion yuan.

After nearly two months of deep adjustment, this index, which brings together the top 50 companies on the STAR Market, is now showing a relatively high allocation cost-effectiveness.

Sufficient adjustment, risks released relatively thoroughly

Since the end of January, the STAR 50 Index has been in a downward channel for seven consecutive weeks, falling from the peak of 1,575.45 points to around 1,249.01 points. The maximum drawdown reached 20.72%, placing the adjustment magnitude among the top in major A-share indices. At the same time, judging from the moving-average positions, after the index fell to its lowest point, it found support at the 45-week moving average, which has supported the weekly uptrend since the “924” level. This deep adjustment provides an improved entry opportunity for funds on the sidelines.

Valuation digestion, safety margin gradually improving

After this round of adjustment, the valuation level of the STAR 50 Index has gradually retreated from historical highs. According to Tonghuashun earnings forecast data, the STAR 50 Index’s 2026 operating revenue is expected to grow 21.68% year over year. Compared with -1.28% in 2025, it turns from negative to positive. For net profit attributable to shareholders, it is expected to increase from 28.16% in 2025 to 98.27%, representing a substantial improvement on the profit level. Considering the high-growth attributes of its constituent stocks, the match between valuation and growth is improving.

Clear technology main theme, industrial trend provides support

Among the constituent stocks of the STAR 50 Index, semiconductor companies account for nearly 70%—a concentrated reflection of A-shares’ technology attributes. Recently, domestic AI chip performance has jumped, major domestic tech companies have begun bulk procurement, and with the rapid growth of AI inference demand, domestically produced AI chips and semiconductor equipment materials are expected to maintain high levels of prosperity. The continued expansion of chip demand is expected to lead to upward revisions of semiconductor sector profit forecasts, providing fundamental support for the STAR 50 Index’s semiconductor sector. As the window period for first-quarter report disclosures approaches, the market’s verification of technology stocks’ performance will determine the subsequent trend, and the current pullback is an important window for positioning high-quality technology leaders.

Related ETFs:

STAR 50 ETF Huaxia 588000

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