--- title: "Vertical rise, reaching new highs again! Semiconductor equipment ETF China Merchants (561980) rose over 2% in 4 minutes, with Skyverse and Piotech leading the gains" type: "News" locale: "en" url: "https://longbridge.com/en/news/286988094.md" description: "On May 20th, the Semiconductor Equipment ETF China Merchants (561980) rose over 2% within 4 minutes of opening, reaching a new historical high. Component stocks such as Skyverse and Piotech performed actively. Yangtze Memory Technologies completed its IPO counseling filing, marking an acceleration in the capitalization of the domestic memory chip industry, which is expected to drive upstream equipment demand. This ETF has increased by over 416% since 2020, ranking first among its peers" datetime: "2026-05-20T01:41:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286988094.md) - [en](https://longbridge.com/en/news/286988094.md) - [zh-HK](https://longbridge.com/zh-HK/news/286988094.md) --- # Vertical rise, reaching new highs again! Semiconductor equipment ETF China Merchants (561980) rose over 2% in 4 minutes, with Skyverse and Piotech leading the gains On the morning of May 20th, the semiconductor equipment sector opened with a sharp rise. The Semiconductor Equipment ETF China Merchants (561980) surged 2.04% with a significant increase in volume, rising over 2% within the first 4 minutes of trading, and strongly hitting a four-day consecutive rise to set a new historical high. Component stocks performed actively—Skyverse, Shanghai Hegao, Shengen Co., Ltd., Huahai Qingshi, Piotech, and Aisen Co., Ltd. were among the top gainers. The news front welcomed significant catalysts. According to the official website of the China Securities Regulatory Commission, Yangtze Memory Technologies has completed its IPO counseling filing. As a leading domestic NAND Flash manufacturer, the acceleration of Yangtze Memory's IPO process marks a new stage in the capitalization of the domestic memory chip industry, which is expected to directly drive demand for orders in the upstream equipment and materials sectors. Previously, Changxin Technology updated its prospectus for the Sci-Tech Innovation Board, with the two major memory leaders advancing their IPOs simultaneously, further enhancing the certainty of the memory expansion cycle. It is understood that the Semiconductor Equipment ETF China Merchants (561980) tracks the CSI Semiconductor Index and is one of the few indices in A-shares that fully covers the four core industrial chains of equipment, materials, design, and manufacturing, with a rise of over 416% since 2020, ranking first among similar indices ### Related Stocks - [688072.CN](https://longbridge.com/en/quote/688072.CN.md) - [688361.CN](https://longbridge.com/en/quote/688361.CN.md) - [561980.CN](https://longbridge.com/en/quote/561980.CN.md) - [688584.CN](https://longbridge.com/en/quote/688584.CN.md) - [688233.CN](https://longbridge.com/en/quote/688233.CN.md) - [688120.CN](https://longbridge.com/en/quote/688120.CN.md) - [688720.CN](https://longbridge.com/en/quote/688720.CN.md) ## Related News & Research - [Universal Digital Inc. Announces Termination of ETF Partnership Agreement | LFGMF Stock News](https://longbridge.com/en/news/286616540.md) - [China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank](https://longbridge.com/en/news/286886037.md) - [SurplusGLOBAL's SemiMarket Attracts More Than 40 Global Buyers in First Online Semiconductor Equipment Auction, Driving 70% Higher Selling Prices](https://longbridge.com/en/news/286830478.md) - [China's top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank](https://longbridge.com/en/news/286879811.md) - [Keep Your Portfolio Safe With This Low-Volatility ETF](https://longbridge.com/en/news/286604877.md)