--- title: "Core external factors show positive improvement, and the market is expected to continue upward in the second quarter. The Science and Technology Innovation and Entrepreneurship ETF by Harvest is positioning for investment opportunities in China's technological innovation" type: "News" locale: "en" url: "https://longbridge.com/en/news/281971959.md" description: "On April 8, 2026, the three major A-share indices opened higher collectively, with the Sci-Tech Innovation and Entrepreneurship 50 Index rising by 4.39%. The ceasefire agreement between the U.S. and Iran has taken effect, leading to a decline in international oil prices and an improvement in market risk appetite. Analysts believe that although short-term conflict uncertainties remain, the medium to long-term upward foundation of A-shares is solid, and the market is expected to continue rising in the second quarter. Investors are advised to focus on industries supported by policies and upward trends, especially in areas such as AI computing power, semiconductors, storage, and innovative pharmaceuticals. The ChinaAMC Sci-Tech Innovation and Entrepreneurship ETF is an excellent choice for investing in China's technological innovation" datetime: "2026-04-08T02:59:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281971959.md) - [en](https://longbridge.com/en/news/281971959.md) - [zh-HK](https://longbridge.com/zh-HK/news/281971959.md) --- # Core external factors show positive improvement, and the market is expected to continue upward in the second quarter. The Science and Technology Innovation and Entrepreneurship ETF by Harvest is positioning for investment opportunities in China's technological innovation On the morning of April 8, 2026, the three major A-share indices opened higher collectively, with the ChiNext board leading the rebound. As of 10:41, the China Merchants CSI Scientific Innovation and Entrepreneurship 50 Index surged by 4.39%, with constituent stocks such as Zhongwei Company rising by 7.89%, Shengyi Electronics by 7.80%, Runze Technology by 7.55%, and stocks like Zhongji Xuchuang and China Resources Micro also following suit. In terms of news, the ceasefire agreement between the U.S. and Iran officially took effect in the early hours of April 8, causing international oil prices to retreat from their highs. The core external factors that had previously suppressed the market showed positive improvement, leading to a recovery in risk appetite among investors. Some market analysts believe that the uncertainty surrounding the U.S.-Israel-Iran conflict continues to suppress market risk appetite in the short term, but it has not shaken the long-term upward foundation of A-shares. With a series of positive signals gradually emerging, the market is expected to continue its upward trend in the second quarter. In terms of future allocation, it is recommended to continue to position in industries supported by policies and those trending upwards in the short term. Growth sectors remain the strongest main line in this round of market, with sub-sectors such as AI computing power, semiconductors, storage, and innovative pharmaceuticals worth paying attention to. Data shows that as of March 31, 2026, the top ten weighted stocks in the China Merchants CSI Scientific Innovation and Entrepreneurship 50 Index (931643) are Ningde Times, Zhongji Xuchuang, Xinyi Sheng, Sunshine Power, Cambrian, Haiguang Information, SMIC, Shenghong Technology, Lanke Technology, and Tianfu Communication, with the top ten weighted stocks accounting for a total of 63.36%. The China Merchants CSI Scientific Innovation and Entrepreneurship ETF by Harvest (588400) closely tracks the China Merchants CSI Scientific Innovation and Entrepreneurship 50 Index, extracting the essence of the Sci-Tech Innovation Board and ChiNext, gathering leaders from emerging industries such as new energy, chips, biomedicine, and computer software, making it an excellent choice for one-click allocation of new productivity opportunities. Offshore investors can access Chinese technology innovation investment opportunities through the Harvest China Merchants CSI Scientific Innovation and Entrepreneurship ETF Connect Fund (013316) ### Related Stocks - [588430.CN](https://longbridge.com/en/quote/588430.CN.md) - [588300.CN](https://longbridge.com/en/quote/588300.CN.md) - [159139.CN](https://longbridge.com/en/quote/159139.CN.md) - [588000.CN](https://longbridge.com/en/quote/588000.CN.md) ## Related News & Research - [10:48 ETObserve.AI Named a 2026 MetriStar Top Provider for Agent Assist Applications by Metrigy](https://longbridge.com/en/news/286934037.md) - [The Storage Center Opens Modern Climate-Controlled Storage Facility in Sulphur](https://longbridge.com/en/news/287072469.md) - [13:42 ETF-Secure Trust set to Redefine Consumer Protection in the Agentic AI Era](https://longbridge.com/en/news/286950437.md) - [15:06 ETDVIGear Introduces DisplayNet® Connect for AI Agents, Bringing Natural-Language Control to Professional AV-over-IP Systems](https://longbridge.com/en/news/286956063.md) - [Mabwell Wins Wider China Indications for Denosumab Biosimilar as Global Push Accelerates](https://longbridge.com/en/news/287103520.md)