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On September 15, the semiconductor sector in China's A-share market rallied against the market trend, showing an independent performance, and continued to rise the next day. Data from Choice showed that on September 16, semiconductor-themed ETFs led the gains, with several products surging over 5%. The Huatai-PineBridge, Penghua China Sci-Tech Innovation Semiconductor Equipment ETF, and ChinaAMC China Sci-Tech Innovation Semiconductor ETF rose nearly 6%. Industry insiders believe that the recent strength of the semiconductor sector, despite market headwinds, is mainly driven by top-level policy support. Guolian An Fund stated that this plan precisely focuses on core areas of the industry, aligning closely with the industrial layout of the sci-tech innovation chip design sector, and will strongly drive the upgrade of the domestic chip design track.
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