The prosperity cycle of storage chips is expected to continue, with the 500 Quality Growth ETF Pengyang building momentum during trading.

Ask AI · How will AI computing power expansion reshape the demand landscape for storage chips?

As of 09:36 on April 2, 2026, the China Securities 500 Quality Growth Index declined by 0.68%.
In terms of constituent stocks, gains and losses were mixed, with Crystal Optoelectronics leading the rise, followed by Jereh Petroleum and Yangjie Technology;
Hengfa Shares led the decline, with Wangsu Science & Technology and Hunan Gold following suit.
The 500 Quality Growth ETF Pengyang (560500) latest quote is 1.23 yuan.
(The stocks listed in the article are index components, for illustration only, not as individual stock recommendations. Past holdings do not represent the fund’s future investment direction, nor do they constitute specific investment advice. Investment directions and fund holdings may change; invest cautiously.)

Regarding news, in 2026, the storage chip cycle is expected to continue, driven by multiple resonant factors:
Cloud providers increasing capital expenditure to spur explosive demand for AI servers,
Smartphone memory and storage capacity entering a dense upgrade window,
Plus accelerated data center construction.
This storage cycle has significantly diverged from previous models relying on a single terminal pull, instead being supported by the expansion of AI computing infrastructure and high-end upgrades in consumer electronics, making the structural prosperity more sustainable;
Among these, server equipment chains, PCBs, MLCCs, and high-performance chips, which have both scale advantages and potential for domestic substitution, will become key areas reflecting the quality growth style.

Shanxi Securities believes that AI computing power demand continues to grow rapidly, with domestic chips making accelerated breakthroughs in performance, ecology, and capacity.
In the context of strong training and inference demands, domestic chip manufacturers are expected to quickly capture market share, with clear investment opportunities along the industry chain.
(The industry listed in the article is for reference only, not indicative of future fund performance, not a guarantee of investment returns, and not specific investment advice.)

The 500 Quality Growth ETF Pengyang closely tracks the China Securities 500 Quality Growth Index, selecting 100 listed companies with high profitability, sustainable earnings, ample cash flow, and growth potential from the China Securities 500 index sample, providing investors with diversified investment options.

According to Wind data, as of March 31, 2026, the top ten weights in the China Securities 500 Quality Growth Index are Xiamen Tungsten, Tianshan Aluminum, Jereh Petroleum, Tongfu Microelectronics, GigaNetwork, Western Mining, Hunan Gold, Hengfa Shares, Raytronic Micro-Nano, and Wangsu Science & Technology, with the top ten stocks accounting for a total of 23.88%.
(The stocks listed are index components, for illustration only, not as individual stock recommendations. Past holdings do not represent the fund’s future investment direction, nor do they constitute specific investment advice. Holdings and allocations may change. Market risks are present; invest cautiously.)

The 500 Quality Growth ETF Pengyang (560500), off-market connection (Connect A: 007593; Connect C: 007594).

Risk warning:
“The China Securities 500 Quality Growth Index (930939) is compiled and calculated by China Securities Index Co., Ltd. (“CSI”), which owns all rights. CSI makes no explicit or implied guarantees regarding the real-time accuracy, completeness, or suitability for specific purposes of the target index, and is not responsible for any delays, omissions, or errors in the index (regardless of negligence).
CSI does not make any guarantees, endorsements, sales, or promotions for products tracking the index, and bears no liability related to this.
This fund is a passively managed exchange-traded index fund mainly employing full replication to track the market performance of the target index, with risk-return characteristics similar to the market represented by the index.
Investors face potential risks such as deviation of returns from the target index, index volatility, tracking error not meeting targets, index changes, index provider ceasing service, or component stocks suspending trading or delisting.
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Past performance does not predict future results, and the performance of other funds managed by our company does not guarantee this fund’s future performance.
Before investing, investors should carefully read the fund contract, prospectus, and key information documents, fully understand the risk-return profile, and make independent investment decisions based on their risk tolerance, investment horizon, and goals.
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The above does not predict future performance of this fund, nor does it guarantee investment returns, nor serve as any investment advice.