As of the morning close on 3 July 2026, the SSE STAR Market Next-Generation Information Technology Index rose 1.29%, with constituent stock Orbbec surging nearly 12%, and the STAR Market IT ETF JPMorgan gaining 1.39%. As of 2 July 2026, it had risen a cumulative 132.88% over the past year. On the news front, public fund performance surged in the first half, with the number of funds delivering returns exceeding 100% topping 240, a record high. AI hardware sectors such as computing power and semiconductors were key to success. Industrial Securities noted that Meta's plans to enter the cloud computing infrastructure market have sparked concerns of computing power oversupply, leading to profit-taking in high-flying computing power names, though the consensus on strong demand still provides support. Caixin Securities believes the main theme may shift to mid-year earnings expectations, with a focus on AI-related industrial chains and semiconductor equipment and materials sectors. The JPMorgan STAR Market IT ETF feeder fund closely tracks the index, with semiconductors and related hard-tech industries accounting for a combined weight of about 85% in the underlying assets, and the top ten holdings making up over 60% of the total.
Orbbec Inc. AOrbbec surged nearly 12% as a constituent of the STAR Market IT ETF, benefiting from AI hardware demand theme.
Dongfang Electronics Co Ltd
Industrial Securities Co Ltd