Idle computing power can be stored and withdrawn! CSI Science and Technology Innovation Board Composite Index ETF Jianxin (589880) focuses on the hard tech track.

As of 14:14, the STAR Composite Index ETF (589880) tracked by China Construction Bank rose 0.59%. Among the top ten constituent stocks, Cambricon rose 3.21%, Hygon Information rose 0.67%, SMIC fell 0.82%, AMEC fell 1.74%, Kingsoft Office fell 0.78%, Montage Technology fell 0.96%, Baili Tianheng rose 0.28%, United Imaging Healthcare fell 2.28%, Insta360 fell 1.46%, Piotech rose 0.93%.

The STAR Composite Index ETF (589880) has been favored by capital. As of the previous trading day, the fund had attracted over 100 million yuan in net inflows in the past 20 days. As of April 2, the SSE STAR Market Composite Index has risen 35.47% in the past year.

On the news front, on April 2, the General Office of the Ministry of Industry and Information Technology issued a notice on launching a special action to empower the development of small and medium-sized enterprises with inclusive computing power. Among them, the inclusive supply of computing power services is a key focus of this special action. The MIIT has for the first time explicitly proposed exploring innovative business models such as "computing power banks" and "computing power supermarkets," supporting SMEs to deposit idle computing power resources and enabling flexible access through cross-regional and cross-cycle scheduling.

Guojin Securities stated that the prosperity of the entire domestic computing power chain is accelerating, with expectations of both volume and price increases. Under the pressure of strong logic on both the supply and demand sides, Guojin Securities predicts that the computing power industry chain will enter a "full-chain inflation" cycle by 2026, with industry prosperity spilling over comprehensively from core chips to AIDC, cloud and computing power services, supporting power equipment, and servers.

The SSE STAR Market Composite Index closely aligns with the core of technological innovation and the national strategic emerging industry layout. Its constituent stocks are highly concentrated in cutting-edge technology fields such as semiconductors, artificial intelligence, innovative pharmaceuticals, and new energy, fully demonstrating the innovative vitality and development potential of China's hard-tech enterprises.

The management fee rate for the STAR Composite Index ETF (589880) is 0.15%, the custody fee rate is 0.05%, and the total expense ratio is 0.2%, which is at a relatively low level in the industry.

With its tracking of the STAR Market Composite Index, coverage of the hard-tech sector, and low-cost advantages, the STAR Composite Index ETF (589880) has become a core tool for capturing China's technological innovation and industrial upgrading.