TMT industry outbreak! Technology ETF (515000) soared 3% in the afternoon, Desay SV hit the limit up! Institutions: Sector welcomes dual catalysis of policies and technology

On the afternoon of the 9th, the TMT industry surged, with consumer electronics, semiconductors, telecommunications, and other segmented tracks joining forces to rise, leading the CSI Technology Index up nearly 3%. As of the time of publication, Desay SV hit the limit up, Sunway Communication and Sheng Hong Technology both surged over 12%, while Tongfu Microelectronics, Lansitech, Silan Micro, Zhongji Xuchuang, Jingwang Electronics, Hudian Stock, and other stocks rose more than 6%. In terms of popular ETFs, the Technology ETF (515000) representing the A-share technology leaders continued to expand in the afternoon, with on-site prices rising by 3%, and the trading volume exceeding 56 million yuan. Minsheng Securities pointed out that in the second quarter, the technology innovation sector welcomed multiple policy benefits, involving guiding insurance funds and other long-term funds to participate in venture capital. Specifically, in line with current key breakthrough directions in China such as artificial intelligence, humanoid robots, smart driving, low-altitude economy, the electronics, telecommunications, computers, automotive, and defense industries have benefited more. The TMT sector welcomes dual catalysis of policies and technology! 1. Policy-wise, in June, "Eight Measures for Deepening the Reform of the Science and Technology Innovation Board to Serve the Development of Science and Technology Innovation and New Quality Productivity" and "Several Policy Measures to Promote the High-Quality Development of Entrepreneurial Investment" were successively introduced, along with favorable policies such as guiding insurance funds and other long-term capital to invest in venture capital. 2. Industry progress-wise, on June 11th, Apple officially released the new generation of operating systems - iOS 18, iPadOS 18, macOS 15, watchOS 11, and visionOS 2 at the WWDC24 Global Developers Conference, unveiling the mystery of Apple Intelligence, marking Apple's official entry into the AI era. Apple's release of AI intelligent systems is expected to further drive the replacement demand for consumer electronics. To focus on the leading track in the technology field, it is recommended to pay attention to the Technology ETF (Trading Code: 515000, Link A: 007873, Link C: 007874). Data shows that the Technology ETF (515000) tracks the CSI Technology Index, which selects 50 listed companies in the technology fields of electronics, computers, telecommunications, and biotechnology from the Shanghai and Shenzhen markets that are large in scale, high in market share, strong in growth ability, and high in R&D investment, concentrating on representing A-share core technology assets. Compared to other single technology track varieties, the risk-return characteristics are more balanced. Data and image sources: Shanghai and Shenzhen Stock Exchanges, Wind, etc., as of July 9, 2024. Risk warning: The Technology ETF passively tracks the CSI Technology Index, with the base date of the index being June 29, 2012, and published on March 20, 2019. The composition of index constituent stocks is adjusted in a timely manner according to the rules of the index compilation. The historical performance of backtesting does not predict future index performance. **The index constituent stocks mentioned in the article are for demonstration purposes only, and individual stock descriptions do not constitute any form of investment advice, nor do they represent the holding information or trading trends of any funds managed by the manager. The fund risk level evaluated by the fund manager is R3 - medium risk, suitable for balanced type (C3) and above investors. Any information appearing in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only, and investors are responsible for any investment decisions made independently. Furthermore, any views, analysis, and forecasts in this article do not constitute any form of investment advice to readers, nor do they assume any responsibility for any direct or indirect losses incurred from using the content of this article.Fund investment carries risks, past performance of funds does not guarantee future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. Fund investment should be approached with caution.