BOSERA STAR50

US FAR Council proposes rule to prohibit federal government acquisition of semiconductors from China

A large buy order for SMIC was executed at a price of HK$63.4

SMIC's investment arm, China Fortune-Tech Capital, receives investment from four semiconductor companies

Bosera SSE STAR Chip ETF saw an increase in shares, with SMIC as a key holding.

China's Chip Industry Achieves New Breakthroughs with Stable Mass Production of 7nm Chips

SMIC Issues 77,600 Shares upon Exercise of Restricted Stock Units

Southbound capital net sold HKD 17.9 billion of Hong Kong stocks on March 10; SMIC was an actively traded stock

SMIC's stock price rises over 5% in Hong Kong as the semiconductor sector broadly strengthens

China's Chip Exports Surge Fueled by AI Demand

Hang Seng Tech Index Rises, SMIC Stock Price Increases by 4.85%

Chip sector shows strong performance, SMIC share price rises

STAR Chip ETFs rise in early trading, heavily-held SMIC opens up 1.67%

Chip Industry ETF Experiences Net Redemption, with SMIC as a Major Holding

SMIC applies for multiple semiconductor-related patents

Market report indicates China's 'Sovereign Silicon' strategy will benefit local firms like SMIC

SMIC's A-shares saw net outflow from main capital but were boosted by Northbound funds

SMIC's affiliated fund has recently been actively investing in the embodied intelligence sector

Report reveals SMIC is facing tightening supply of photoresist from Japan

Southbound funds' net purchase of Hong Kong stocks hits record high, with SMIC being a key target for position additions

Hong Kong-listed hard-tech stocks collectively weakened, with SMIC falling over 4%

KHOON GROUP

HARBOUR DIGITAL

PETRO-KING

GF HEALTHCARE

CONGYU INTE AGR

160 HEALTH

51WORLD

HUILI RES

KWONG MAN KEE

DOUMOB

AVGO

AVGG

AVGX

SOXL

NVDL

NVDU

As the scale of AI clusters expands to hundreds of thousands of GPUs, optical interconnects are becoming the core variable determining the limits of computing power. With the OFC 2026 approaching, the industry's focus is shifting from 800G to the mass production of 1.6T, with the physical limits of copper cables forcing optical devices to move closer to the chip side. The core highlights of this exhibition are the competition between CPO and pluggable solutions, as well as underlying variables such as silicon photonic heterogeneous integration and laser technology bottlenecks. Statements from manufacturers like NVIDIA and Broadcom regarding manufacturability may set the timeline for CPO to transition from technology validation to commercialization

- The upcoming OFC 2026 in Los Angeles will showcase advancements in optical communication, driven by the bandwidth demands of AI data centers.  
- Traditional copper cables are reaching their physical limits, prompting a shift towards optical interconnects for improved performance, with 800G products becoming mainstream and 1.6T solutions ramping up production.  
- The competition between Co-packaged Optics (CPO) and pluggable solutions will be a key focus, as the optical interconnect technology becomes vital for supporting the growing scale of AI infrastructure.

Wallstreetcn

Broadcom

Leverage Shares 2X Long AVGO Daily ETF

Defiance Daily Target 2X Long AVGO ETF

iShares Semiconductor ETF

T-Rex 2X Long NVIDIA Daily Target ETF

VanEck Semiconductor ETF

GraniteShares 2x Long AVGO Daily ETF

Spdr Select Tech

NVIDIA

Roundhill AVGO WeeklyPay ETF

SPDR S&P Semicon

Direxion Daily AVGO Bull 2X Shares

YieldMax NVDA Option Income Strategy ETF

Direxion Semicon Bull 3X

Invesco Semiconductors ETF

GraniteShares 2x Long NVDA Daily ETF

Direxion Daily NVDA Bull 2X Shares

OFC 2026 Outlook: How Silicon Photonics and CPO Will Reshape the Next Generation AI Interconnection System

515030

BYDDY

BYDDF

In March, the new energy MPV market welcomed the launch of several new models, including XPeng X9 and Voyah Dreamer. Domestic brands are challenging joint venture brands by leveraging new energy and intelligence, leading to changes in the market landscape. Joint venture brands have begun to fight back, with L3 level intelligent driving becoming a key competitive factor. After 2022, the penetration rate of new energy MPVs from domestic brands has significantly increased, gradually establishing their mainstream market position. The once market leader GL8 has seen a decline in sales, while domestic brands such as Voyah and Denza are rising

- The Chinese MPV market is experiencing significant changes, with new electric models from brands like Xiaopeng and Lantu entering the scene.  
- The share of new energy vehicles in the MPV market is projected to rise dramatically, influencing competition dynamics and prompting traditional brands to accelerate their electrification efforts.  
- The introduction of L3 level autonomous driving capabilities marks a critical evolution in MPV offerings, as companies strive to enhance driving comfort and attract family-oriented consumers.

Hua Xia CSI New Energy Vehicles ETF

BYD Company

BYD Company Limited

Ping An CSI New Energy Vehicles Industry ETF

XPENG-W

Hwabao WP CSI Intelligent Electric Vehicle ETF

XPeng

Global X Autonomous & Electric V

VOYAH AUTO

BYD COMPANY

The MPV battle reignites, with multiple automakers playing the smart driving card

There are 6 counties in the country with a GDP exceeding 300 billion yuan, among which Kunshan, Jiangyin, Zhangjiagang, and Changshu in Jiangsu are known as the "Four Little Dragons of Southern Jiangsu." Kunshan ranks first with a GDP of 561.534 billion yuan, with industry being the core of its economy, and it is expected that by 2025, the total industrial output value will exceed 1.3 trillion yuan. The GDP of Jiangyin is expected to be 527.218 billion yuan, with the number of listed companies reaching 66, leading other counties. The GDP of Jinjiang in Fujian is expected to be 386.18 billion yuan, with the private economy accounting for as much as 97%

- China's county-level economies are growing, with six counties surpassing a GDP of 300 billion yuan, including Kunshan, Jiangyin, Jinjiang, and Cixi.  
- In 2025, Kunshan maintained the highest GDP at 561.5 billion yuan, driven by a robust industrial base, while Jinjiang and Cixi also demonstrated significant industrial strengths, particularly in footwear and home appliances, respectively.  
- The rise of county economies is evident, with increasing numbers exceeding 100 billion yuan, reflecting a focus on unique local industries supported by governmental initiatives.

腾讯新闻 - 财经

There are 6 counties in the country with a GDP exceeding 300 billion, and Jiangyin in Jiangsu leads the number of listed companies among the top 100 counties

Jensen Huang mentioned in a blog post that the construction of AI infrastructure still requires trillions of dollars, emphasizing the importance of CPO technology. TrendForce predicts that NVIDIA's next-generation AI computing architecture will drive the development of optical transmission solutions, with the penetration rate of CPO in AI data centers expected to reach 35% by 2030. This week, related stocks rose more than 10%, as investors anticipate more details on CPO technology to be announced at the GTC conference

iShares Expanded Tech Software Sector ETF

SPDR S&P Software

XL2CSOPNVDA

XI2CSOPNVDA

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Jensen Huang's long article ignites CPO enthusiasm as NVIDIA GTC is about to be held, which may reshape the direction of the optical communication industry

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300940

08297

In early 2026, a financing boom emerged in the satellite laser communication field. Within just two months, companies such as Guangyou Xingkong, Helixing Guanglian, and Jiguang Xingtong completed financing rounds totaling over 500 million. Technological breakthroughs and industrial demand have driven capital influx, making satellite laser communication a key component in the construction of low Earth orbit constellations and integrated space-ground networks. The financing will be used for core technology research and development, ground system construction, and product iteration, signaling a strong shift in the industry from technology validation to large-scale implementation

C114 通信网

BDStar

OCEAN STAR TECH

In two months, three deals, financing over 500 million: The satellite laser communication sector is booming!

002449

300232

Nanchang Optoelectronic Industry Cluster showcased its innovations at ISLE 2026, Asia's largest exhibition for smart displays and integrated systems, held in Shenzhen from March 5-7. Under the theme "Nanchang Brilliant, Smartly Connecting the World," 29 leading optoelectronic companies, including Unilumin and NationStar Optoelectronics, highlighted a complete industrial ecosystem. Vice Mayor An Baojun led a delegation to promote Nanchang's industrial advantages to international investors. The event aimed to strengthen global connections and enhance Nanchang's role in the optoelectronic industry.

prnewswire

NATIONSTAR

Unilumin

13:46 ETNanchang Optoelectronic Industry Cluster brilla en ISLE 2026

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600026

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Shipping stocks opened lower but rose throughout the day, with CMES hitting the daily limit, COSCO SHIPPING Energy approaching the limit, and NJTC rising over 6%. OpenClaw concept stocks continued their strong performance, with INESA-it achieving two consecutive limit-ups, NET263 hitting the limit, UCloud and NSFOCUS rising over 15%, and QingCloud, Shunwang Technology, WANGSU, and IM Motors following suit

- Oil and gas stocks, coal, and chemicals experienced a collective adjustment amid significant news regarding Iran, with U.S. President Trump suggesting a potential end to the conflict.  
- On March 10, A-shares opened higher, with major indices rising collectively, and the shipping sector showing volatility, as energy and coal sectors faced declines.  
- In the commodities market, most domestic futures fell sharply, with crude oil dropping nearly 15%, while some metals like silver and platinum saw gains.

INESA-it

COSCO SHIPPING Energy

NJTC

NET263

CMES

NSFOCUS

UCloud

WANGSU

QingCloud

Shunwang Technology

ChiNext

AH shares rebounded across the board: ChiNext rose by 2%, computing hardware experienced a major surge, the Hang Seng Index rose by over 1%, and tech stocks generally increased

601318

02318

PNGAY

Ping An Fund Manager Lin Qingyuan analyzed AI investment trends during a live broadcast on CCTV Finance, pointing out that AI has transformed into productive forces, with power supply becoming a bottleneck. Although related stocks are highly valued, the growth rate of performance can absorb the valuation. The funds managed by Lin Qingyuan have performed excellently, with a return of 44% this year. He emphasized that future investments should focus on AI power layout, believing that the end of computing power is electricity, and the AI industry is undergoing profound transformation

Ping An

PING AN

Ping An Insurance

This year's return is 44%. Ping An Fund's Lin Qingyuan: The trend of AI remains unchanged, focusing on the layout of AI power

688048

The A-share computing power hardware concept continues to rise, with Everbright reaching a 20% limit up, hitting a historical high. Previously, Zhongying Technology, Xunjiexing, Dongshan Precision, Huilv Ecology, and Guanghe Technology all hit the limit up, while Fuxin Technology, Youxun Co., Ltd., Dekeli, and Yuanjie Technology all rose over 10%

Everbright

00700

00100

300750

00HSI

STECH

HSCEI

03750

Hong Kong stocks rose in the morning session, with the Hang Seng Index up 396 points at 25,804 points, the Hang Seng China Enterprises Index up 91 points, and the Hang Seng TECH Index up 69 points. Tencent's stock price increased by 5.7%, reaching HKD 545.5. AI stocks MiniMax and IM Motors rose by 9.5% and 6.9%, respectively. Other tech stocks such as Alibaba and Bilibili also saw increases, while Kuaishou, NetEase, JD.com, and Baidu rose slightly. The total market turnover was HKD 172.007 billion

AASTOCKS

TENCENT

MINIMAX-WP

CATL

Hang Seng Index

Hang Seng TECH Index

Hang Seng China Enterprises Index

In the Hong Kong stock market, the Hang Seng Index rose 396 points in the first half of the day, with Tencent up 5.7% and CATL rising over 8% after earnings

COHR

LITE

Nvidia announced an investment of $2 billion each in photonics technology companies Lumentum and Coherent, along with long-term procurement commitments and future capacity rights worth billions of dollars. This marks another significant move by Nvidia in the optical interconnect field, aimed at advancing the development of next-generation artificial intelligence infrastructure. This investment will bring a revaluation of core segments such as optical engines, laser sources, and fiber connections, significantly increasing market attention on related companies

- NVIDIA has invested $2 billion each in photonic technology firms Lumentum and Coherent, securing long-term procurement commitments and future production rights as part of its strategy to enhance optical interconnect technology.  
- This investment follows the launch of the world’s first mass-produced CPO switch, reinforcing NVIDIA's vision for "Gigawatt AI factories," where optical connectivity is crucial for performance improvements.  
- The shift from traditional GPU reliance to high-speed optical interconnects is reshaping competition in AI infrastructure, with significant implications for supply chains and technology standards.

Coherent Corp.

Lumentum

First Trust Nasdaq Food & Semicon

Nvidia spends lavishly on "light": securing scarce indium phosphide device capacity from Lumentum and Coherent

Shandong University has developed an "induced fit growth method" for gallium-based semiconductor thin films on amorphous gallium oxide (GaOx). This technique, likened to enzyme function in protein folding, enables the creation of Ga-based semiconductors on various substrates, enhancing applications in optoelectronics. The method has shown promise in producing thin-film transistors (TFTs) with synapse-like responses and photodetectors with omnidirectional sensing capabilities. The research team successfully deposited gallium antimonide (GaSb) films, achieving significant crystallinity and optoelectronic properties, paving the way for multifunctional semiconductor applications.

SemiConductor

Induced fit Ga- semiconductor growth

000912

600227

300191

002112

600268

On March 9th, the Shanghai Composite Index closed down 1.13%, the Shenzhen Component Index down 2.14%, and the ChiNext Index down 2.42%. The market experienced fluctuations and adjustments in the morning, with the oil and gas and chemical sectors rising against the trend. Keli Co., Ltd. and SINOGEO rose over 10%, while Chitianhua and LTH hit the daily limit. The power and power grid equipment sectors performed strongly, with SAC and San Bian Sci-Tech hitting the daily limit and reaching new highs. Overall, more stocks fell than rose in the market, with over 4,500 stocks in the Shanghai, Shenzhen, and Beijing markets showing declines, and the morning trading volume reached 1.8 trillion

Chitianhua

SINOGEO

San Bian Sci-Tech

March 9th midday closing review: The Shenzhen Component Index and the ChiNext Index both fell over 2%, while the oil and gas, and chemical sectors surged against the trend

In 2026, IBM clarified its quantum computing timeline during the "Quantum Unlock 1.0" investor event, planning to achieve "quantum advantage" in 2026 and fault-tolerant computing by 2029. Pan Jianwei, a member of the Chinese Academy of Sciences, stated at the National Committee of the Chinese People's Political Consultative Conference that China has made several breakthroughs in the field of quantum technology, maintaining international leadership in quantum communication and quantum computing. The quantum computing industry is entering a phase of overlapping technological breakthroughs and commercial validation, with the superconducting route becoming the dominant solution. Related equipment and quantum cloud platforms are expected to become key for mid-term monetization

- In February 2026, IBM outlined a timeline for quantum computing, targeting "quantum advantage" by 2026 and fault-tolerant computing by 2029, indicating a shift from experimental validation to industrialization.  
- The article discusses advancements in quantum technology in China, emphasizing the need for continuous innovation and integration across academia and industry to enhance economic development.  
- It highlights the competitive landscape between the U.S. and China in quantum computing while identifying key areas for investment, focusing on upstream core equipment and upcoming technological milestones.

Quantum Computing 2026: IBM Clarifies Superconducting Roadmap, Two Sessions Again Emphasize Strong Promotion

The team led by Pan Jianwei at the University of Science and Technology of China has made significant progress in the development of optical clocks. Their strontium atomic optical lattice clock has achieved stability and uncertainty levels that surpass 10^{-19}, with an error of no more than 1 second over 30 billion years, meeting the requirements for the redefinition of the second in the International System of Units. This achievement marks China's attainment of an internationally leading level in the field of precise time measurement. The related results were published on March 5 in the international metrology journal "Metrologia."

China's optical clock technology breakthrough: 30 billion years with an error of less than 1 second

BOSERA STAR50(02832.HK)

OFC 2026 Outlook: How Silicon Photonics and CPO Will Reshape the Next Generation AI Interconnection System

The MPV battle reignites, with multiple automakers playing the smart driving card

There are 6 counties in the country with a GDP exceeding 300 billion, and Jiangyin in Jiangsu leads the number of listed companies among the top 100 counties

Jensen Huang's long article ignites CPO enthusiasm as NVIDIA GTC is about to be held, which may reshape the direction of the optical communication industry

In two months, three deals, financing over 500 million: The satellite laser communication sector is booming!