Global Tech Sector Surges, STAR 100 ETF Yinhua and Others Jump Over 8%

Price Action

โดย 21世纪经济·Read original

Summary · why it matters

On July 31, the global tech sector surged, with the Shanghai Stock Exchange STAR 100 Index rising 8.13 percent. The STAR 100 ETF Yinhua and several other STAR 100 ETFs jumped over 8 percent during the session. Overnight, the Philadelphia Semiconductor Index soared more than 8 percent, snapping a five-day losing streak. Memory chip stocks surged, with Kioxia ADR up nearly 32 percent, SanDisk up about 26 percent, and Micron Technology up over 18 percent. SPDB International believes that in the second half of the year, the industry's main theme will remain the expansion of computing power driven by Agentic AI, and the high prosperity of semiconductor equipment is expected to continue.