Tech Growth "King Returns"! GuoFeng (588380) Science and Innovation Entrepreneurship ETF rises nearly 3% intraday

2026-03-20 12:14:05

On March 20th, driven by a rebound in the technology growth sector after a sharp decline, the Guoquan Science and Innovation Entrepreneurship ETF (588380) rose nearly 3% intraday, with a total increase of 2.44% at the time of publication. Leading stocks such as Zhaoshengwei hit the 20CM daily limit, New Easom rose over 10%, and Zhongji Xuchuang both gained more than 8%, all turning red.

This performance is mainly due to market expectations of a rebound in technology stocks after overselling, especially in sectors like optical modules and AI hardware, which led the rebound. Funds are beginning to seek short-term recovery opportunities in previously hot sectors that experienced overselling.

Research institutions indicate that the mid-term main theme of the current market remains centered on AI technology. The core indices representing growth styles, such as the Sci-Tech Innovation and Entrepreneurship Index, perform well, with sectors like electronics and communications standing out. As risk appetite recovers, broad-based indices focused on new productive forces are expected to continue to gain relative returns.

The Guoquan Sci-Tech Innovation and Entrepreneurship ETF (588380) closely tracks the CSI Sci-Tech Innovation and Entrepreneurship 50 Index, focusing on core assets in the ChiNext and STAR Market, accurately capturing key areas such as artificial intelligence, high-end manufacturing, new energy, and innovative medicine. Off-market investors can conveniently allocate through the Guoquan Sci-Tech Innovation and Entrepreneurship ETF Connect Funds (A-shares 013313 / C-shares 013314 / E-shares 022052).

Daily Economic News

(Edited by: He Chong)

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