--- title: "The core supporting links of the digital economy continue to strengthen, and the digital economy ETF Pengyang (560800) rose by 1.82%. Institutions: The semiconductor industry is still in an upward cycle" type: "News" locale: "en" url: "https://longbridge.com/en/news/282623120.md" description: "The digital economy ETF Pengyang (560800) rose by 1.82%, and the CSI Digital Economy Theme Index (931582) increased by 1.87%. The semiconductor industry is still in an upward cycle, driven by AI growth, with global semiconductor sales increasing by 61.8% year-on-year. Domestic semiconductor equipment manufacturers launched new products at SEMICON CHINA 2026, and domestic substitution is expected to deepen. Computing power scheduling operations have become a new pivot for the digital economy, requiring an improvement in the utilization rate of computing resources and promoting the transition of computing power from \"infrastructure investment\" to \"operational value.\"" datetime: "2026-04-14T03:04:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282623120.md) - [en](https://longbridge.com/en/news/282623120.md) - [zh-HK](https://longbridge.com/zh-HK/news/282623120.md) --- # The core supporting links of the digital economy continue to strengthen, and the digital economy ETF Pengyang (560800) rose by 1.82%. Institutions: The semiconductor industry is still in an upward cycle On April 14, 2026, in the morning session, as of 10:37, the CSI Digital Economy Theme Index (931582) surged by 1.87%. Component stocks such as Kingsoft Office rose by 6.23%, Zhaoyi Innovation increased by 6.09%, and Zhongkong Technology went up by 5.94%, with stocks like Sanhuan Group and Runze Technology also following suit. The digital economy ETF Pengyang (560800) rose by 1.82%, with the latest price reported at 1.01 yuan. (The stocks listed in this article are index components 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.) The core supporting links of the digital economy continue to strengthen. Zhongyuan Securities pointed out that the semiconductor industry is still in an upward cycle, with AI being an important driving force for growth; global semiconductor sales in February 2026 increased by 61.8% year-on-year, marking 28 consecutive months of positive year-on-year growth. Gartner predicts that global sales will exceed $1.3 trillion in 2026, with a year-on-year growth of 64%. The downstream demand structure is showing significant differentiation, with strong demand for AI computing power hardware infrastructure. In Q4 2025, the capital expenditure of the four major cloud providers in North America increased by 67% year-on-year and is expected to continue accelerating in 2026. Domestic semiconductor equipment manufacturers are intensively launching new products at SEMICON CHINA 2026, with accelerated breakthroughs in process coverage and advanced processes, and domestic substitution is expected to continue deepening. Computing power scheduling operations are becoming a new pivot for the development of the digital economy. Guangfa Securities believes that China's computing power resources face structural contradictions such as low utilization, high elastic demand, regional mismatch, and difficulty in heterogeneous management, which urgently need to be improved through unified scheduling and specialized operations. The computing power scheduling platform, as a basic carrier for achieving supply-demand matching, is giving rise to innovative forms such as "computing power banks" and "computing power supermarkets." Its core logic lies in pooling computing power resources, intelligent scheduling, and monetizing market-oriented services. Operator-led platforms rely on national networks to integrate cross-regional and cross-architecture heterogeneous resources, while technology enterprise-led platforms focus on deepening technology in vertical fields, with both driving computing power from "infrastructure investment" to "operational value." (The industries listed in this article are for reference only and do not indicate the future performance of this fund, nor do they constitute investment guarantees or specific investment advice for particular industries.) The digital economy ETF Pengyang closely tracks the CSI Digital Economy Theme Index, selecting listed company securities involved in digital economy infrastructure and high levels of digitization as index samples to reflect the overall performance of listed company securities in the digital economy theme. According to Wind data, as of March 31, 2026, the top ten weighted stocks in the CSI Digital Economy Theme Index are Dongfang Caifu, Cambrian, Haiguang Information, Northern Huachuang, SMIC, Zhaoyi Innovation, Lanke Technology, Zhongwei Company, Huichuan Technology, and Zhongke Shuguang, with the top ten weighted stocks accounting for a total of 51.73%. (The stocks listed above are index components 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 has risks, and investment requires caution) Digital Economy ETF Pengyang (560800), off-market connection (Pengyang CSI Digital Economy Theme ETF Initiated Connection A: 015787; Pengyang CSI Digital Economy Theme ETF Initiated Connection C: 015788). Risk Warning: "The CSI Digital Economy Theme Index (931582) is compiled and calculated by China Securities Index Co., Ltd. ("CSI"), and its ownership belongs to CSI and/or its designated third parties. CSI makes no express or implied warranties regarding the timeliness, accuracy, completeness, and 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). CSI makes no warranties, endorsements, sales, or promotions regarding products tracking the underlying index, and CSI assumes no liability in this regard." This fund is a passively managed exchange-traded index fund that primarily 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 institutions do not bear the investment or redemption responsibilities of the product. The fund manager promises to manage and utilize the fund assets based on the 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 make independent decisions regarding fund investments based on their own risk tolerance, investment horizon, and investment objectives, choosing suitable fund products. The fund has risks, and investment requires caution. The above content does not predict the future performance of this fund, does not serve as a guarantee of investment returns, nor does it serve as any investment advice ### Related Stocks - [560800.CN](https://longbridge.com/en/quote/560800.CN.md) - [159658.CN](https://longbridge.com/en/quote/159658.CN.md) - [159311.CN](https://longbridge.com/en/quote/159311.CN.md) ## Related News & Research - [Hedge Funds Go 'All-In' On Semiconductors As SOXX Exposure Hits Record Highs](https://longbridge.com/en/news/286878157.md) - [Photonics ETF surges despite questions over pure-play status](https://longbridge.com/en/news/286335129.md) - [Semiconductor surge nears historic bubble levels, analysts warn](https://longbridge.com/en/news/286649406.md) - [Not much Nvidia? It's no problem for this semiconductor ETF](https://longbridge.com/en/news/286913028.md) - [Bank of America warns semiconductor rally mirrors historic bubbles](https://longbridge.com/en/news/286614963.md)