--- title: "The storage chip boom cycle is expected to continue, and the Pengyang CSI 500 Quality Growth ETF is gaining momentum during trading" type: "News" locale: "en" url: "https://longbridge.com/en/news/281450544.md" description: "On the morning of April 2, 2026, the CSI 500 Quality Growth Index fell by 0.68%. The prosperity cycle of storage chips is expected to continue, driven by multiple factors such as capital expenditures from cloud vendors, memory upgrades in smartphones, and accelerated data center construction. Shanxi Securities pointed out that the demand for AI computing power is growing rapidly, and domestic chips are expected to quickly capture market share. The Pengyang CSI 500 Quality Growth ETF closely tracks the CSI 500 Quality Growth Index, providing diversified investment targets" datetime: "2026-04-02T01:54:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281450544.md) - [en](https://longbridge.com/en/news/281450544.md) - [zh-HK](https://longbridge.com/zh-HK/news/281450544.md) --- # The storage chip boom cycle is expected to continue, and the Pengyang CSI 500 Quality Growth ETF is gaining momentum during trading On April 2, 2026, in the morning session, as of 09:36, the CSI 500 Quality Growth Index fell by 0.68%. Among the constituent stocks, there were mixed performances, with Crystal Optoelectronics leading the gains, followed by Jereh and Yangjie Technology; Hongfa Technology led the declines, with Wangsu Science & Technology and Hunan Gold also falling. The latest price of the Pengyang CSI 500 Quality Growth ETF (560500) is 1.23 yuan. (The stocks listed in this article are index constituents and are for illustrative purposes only, not as individual stock recommendations. Past holdings do not represent the fund's future investment direction and do not constitute specific investment advice; investment direction and the fund's specific holdings may change, and investment should be approached with caution.) In terms of news, in 2026, the storage chip boom cycle is expected to continue, driven by multiple resonating factors: increased capital expenditure from cloud vendors leading to an explosion in AI server demand, intensive upgrades in memory and storage capacity for smartphones, and accelerated data center construction. This round of the storage cycle is significantly different from previous models that relied on a single terminal for growth; instead, it is supported by the expansion of AI computing infrastructure and the high-end upgrade of consumer electronics, making the structural prosperity more sustainable. Among them, the server equipment chain, PCB, MLCC, and high-performance chips will have both scale advantages and domestic substitution flexibility, becoming important reflection areas of the quality growth style. Shanxi Securities believes that the demand for AI computing power continues to grow rapidly, and domestic chip manufacturers are accelerating breakthroughs in performance, ecosystem, and production capacity. Against the backdrop of strong demand for training and inference, domestic chip manufacturers are expected to quickly capture market share, with clear investment opportunities in the industrial chain. (The industries listed in this article are for reference only and do not indicate the future performance of this fund, nor do they guarantee investment returns or constitute investment advice for specific industries.) The Pengyang CSI 500 Quality Growth ETF closely tracks the CSI 500 Quality Growth Index, selecting 100 listed companies with high profitability, sustainable earnings, ample cash flow, and growth potential from the CSI 500 Index sample as index constituents, providing investors with diversified investment targets. According to Wind data, as of March 31, 2026, the top ten weighted stocks in the CSI 500 Quality Growth Index are Xiamen Tungsten, Tianshan Aluminum, Jereh, Tongfu Microelectronics, Giant Network, Western Mining, Hunan Gold, Hongfa Technology, Ruichuang Micro-Nano, and Wangsu Science & Technology, with the top ten weighted stocks accounting for a total of 23.88%. (The stocks listed above are index constituents and are for illustrative purposes only, not as individual stock recommendations. Past holdings do not represent the fund's future investment direction and do not constitute specific investment advice; investment direction and the fund's specific holdings may change. The market carries risks, and investment should be approached with caution.) The Pengyang CSI 500 Quality Growth ETF (560500) has off-exchange connections (Connection A: 007593; Connection C: 007594). Risk Warning: "The CSI 500 Quality Growth Index (930939) is compiled and calculated by China Securities Index Co., Ltd. ("CSI"), and its ownership belongs to CSI or its designated third party. CSI makes no express or implied warranties regarding the timeliness, accuracy, completeness, or suitability for special purposes of the underlying index, and shall not be liable to any person for any delays, omissions, or errors in the underlying index (whether or not there is negligence) China Securities does not make any guarantees, endorsements, sales, or promotions regarding products that track the underlying index, and China Securities does not bear any responsibility related to this." This fund is a passive investment exchange-traded index fund that mainly adopts a full replication strategy to track the market performance of the underlying index, possessing risk-return characteristics similar to those represented by the underlying index. Investors in this fund face potential risks such as deviations between the returns of the underlying index and the corresponding market average returns, volatility of the underlying index, failure to achieve the agreed tracking error control targets, changes to the underlying index, cessation of services by the index compilation agency, suspension or delisting of constituent stocks, etc. This product is issued and managed by Pengyang Fund Management Co., Ltd., and the sales agency does not bear the investment or redemption responsibilities of the product. The fund manager promises to manage and utilize the fund assets with principles of honesty, credit, diligence, and responsibility, but does not guarantee that the fund will be profitable or provide a minimum return. The past performance of the fund does not indicate its future performance, and the performance of other funds managed by this company does not constitute an indication or guarantee of the performance of this fund. Investors should carefully read the fund contract, prospectus, and summary of fund product information and other legal documents before investing in the fund, fully understand the risk-return characteristics of the fund product, and based on an understanding of the product situation and the appropriateness opinions of the sales agency, make independent decisions regarding fund investments according to their own risk tolerance, investment horizon, and investment objectives, and choose suitable fund products. Funds have risks, and investments should be made with caution. The above content does not indicate the future performance of this fund, does not serve as a guarantee of investment returns, and does not constitute any investment advice ### Related Stocks - [588200.CN](https://longbridge.com/en/quote/588200.CN.md) - [516350.CN](https://longbridge.com/en/quote/516350.CN.md) - [159606.CN](https://longbridge.com/en/quote/159606.CN.md) - [560500.CN](https://longbridge.com/en/quote/560500.CN.md) - [159516.CN](https://longbridge.com/en/quote/159516.CN.md) ## Related News & Research - [FotoNation and SEMIFIVE Announce Strategic Collaboration for Turnkey Development of TriSilica Perceptual AI Chip Family Using Samsung Foundry](https://longbridge.com/en/news/285912358.md) - [New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant](https://longbridge.com/en/news/286533307.md) - [$6.2 Billion in 30 Days: How Sandisk, Micron And Seagate Powered One Of The Fastest ETF Launches Ever](https://longbridge.com/en/news/285849601.md) - [Intel Corporation $INTC Position Boosted by Crestwood Advisors Group LLC](https://longbridge.com/en/news/285833293.md) - [Chinese memory module makers ramp up production with new CXMT DRAM](https://longbridge.com/en/news/286338651.md)