Distinct from the "core asset" surge of four years ago, this year's A-share market rally has been spearheaded by sectors like artificial intelligence, chips, and semiconductors, with Cambrian shining brightly amidst this tech-driven wave. As of the close on August 22, Cambrian's share price has skyrocketed over 20 times since the beginning of 2023, pushing its market value beyond RMB 500 billion. This remarkable performance has had a profound impact on the net asset values of related funds. Multiple science and technology innovation ETFs have witnessed brisk trading activity and notable premiums, while the net asset values of active equity funds heavily invested in Cambrian have surged by 30% to 40%.
