---
title: "China Growth ETF Falls as Alphabet Lifts 2026 Capex Guidance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293724010.md"
description: "China's ChiNext Index fell 2.65% on July 24, 2026, as Alphabet raised its 2026 capital expenditure guidance to $195-$205 billion for AI infrastructure. While Chinese tech ETFs declined, Guangda Securities highlighted strong demand for computing power benefiting servers and AI chips. Meanwhile, Shenwan Hongyuan reported China's 'fixed income plus' fund size neared 3 trillion yuan in Q2 2026, with technology holdings accounting for 45% of top positions."
datetime: "2026-07-24T08:23:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293724010.md)
  - [en](https://longbridge.com/en/news/293724010.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293724010.md)
generator: "portal-rs"
---

# China Growth ETF Falls as Alphabet Lifts 2026 Capex Guidance

China’s ChiNext Index fell 2.65% as of the close on July 24, 2026, while Huaxia ChiNext ETF (159957) lost 2.46% with turnover of 10.91% and trading volume of 286 million yuan. The ChiNext Momentum Growth Index slipped 2.18%, and Huaxia ChiNext Growth ETF (159967) fell 2.09% with turnover of 18.08% and trading volume of 1.078 billion yuan, according to Jiemian News. Jiemian News reported that Alphabet said second-quarter 2026 capital expenditure reached $44.9 billion, double a year earlier, and raised full-year guidance to $195 billion to $205 billion, mainly for AI infrastructure expansion. Guangda Securities said Google Cloud revenue rose 82% year on year and backlog reached $514 billion, underscoring strong demand for computing power. It added that servers, AI chips, optical modules, power supplies and liquid cooling are likely to benefit first from earlier equipment delivery. Separately, Shenwan Hongyuan Research said China’s “fixed income plus” fund size approached 3 trillion yuan in the second quarter of 2026, led by hybrid bond funds, which added more than 300 billion yuan in the quarter. It said technology accounted for 45% of top holdings in such funds, with electronics the main area of accumulation, while cyclical sectors were cut by 9% to 14%. New fixed income plus fund launches in June reached 33.2 billion yuan, the highest in nearly two years.

### Related Stocks

- [CGRO.US](https://longbridge.com/en/quote/CGRO.US.md)
- [06178.HK](https://longbridge.com/en/quote/06178.HK.md)
- [399006.CN](https://longbridge.com/en/quote/399006.CN.md)
- [159915.CN](https://longbridge.com/en/quote/159915.CN.md)
- [159949.CN](https://longbridge.com/en/quote/159949.CN.md)
- [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md)
- [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md)
- [159957.CN](https://longbridge.com/en/quote/159957.CN.md)
- [159967.CN](https://longbridge.com/en/quote/159967.CN.md)
- [601788.CN](https://longbridge.com/en/quote/601788.CN.md)
- [000166.CN](https://longbridge.com/en/quote/000166.CN.md)
- [06806.HK](https://longbridge.com/en/quote/06806.HK.md)
- [00218.HK](https://longbridge.com/en/quote/00218.HK.md)

## Related News & Research

- [Google is making it easier to switch between password managers on Android](https://longbridge.com/en/news/298621074.md)
- [GraniteShares YieldBOOST TSLA ETF declares $0.1716 dividend](https://longbridge.com/en/news/298735782.md)
- [Envision Greenwise unit orders 100+ high-performance servers for RMB 380 million](https://longbridge.com/en/news/298677417.md)
- [GraniteShares YieldBOOST NVDA ETF declares $0.0898 dividend](https://longbridge.com/en/news/298735182.md)
- [Bitwise Dogecoin ETF Announced Transfer or Voluntary Withdrawal of Listing](https://longbridge.com/en/news/298640862.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**