The CPO concept has risen strongly, with the Guotai CSI All Share Communication Equipment ETF (515880) up 5.80%! A net inflow of 436 million yuan in the past 5 trading days.
As of 11:04 on February 9, 2026, the CSI All-Share Communication Equipment Index (931160) rose strongly by 5.80%. Among its constituent stocks, Accelink Technologies rose by 20.00%, Tianfu Communication rose by 19.34%, Taichenguang rose by 16.27%, and stocks such as Shijia Photonics and Changxin Bochuang followed the upward trend. TheGuotai CSI All Share Communication Equipment ETF (515880) rose by 5.80%, with the latest price at 1.08 yuan. Looking at a longer period, as of February 6, 2026, theGuotai CSI All Share Communication Equipment ETF has risen by 11.83% in the past 3 months. (The stocks listed above are only index constituents and are not intended as specific recommendations.)
In terms of liquidity, the intraday turnover rate of theGuotai CSI All Share Communication Equipment ETF was 6.08%, with a turnover of 922 million yuan. Over a longer period, as of February 6, the average daily turnover of theGuotai CSI All Share Communication Equipment ETF in the past week was 1.361 billion yuan.
In terms of scale, the latest scale of theGuotai CSI All Share Communication Equipment ETF reached 14.587 billion yuan. (Data source: Wind)
In terms of capital inflows, the latest net outflow of funds from theGuotai CSI All Share Communication Equipment ETF was 116 million yuan. Over a longer period, there were 3 days of net capital inflows in the past 5 trading days, with a total "capital absorption" of 436 million yuan, and an average daily net inflow of 87.2155 million yuan. (Data source: Wind)
Data shows that leveraged funds continue to be deployed. The net financing purchase amount of theGuotai CSI All Share Communication Equipment ETF on the previous trading day reached 13.2665 million yuan, and the latest financing balance reached 423 million yuan. (Data source: Wind)
As of February 6, the net value of theGuotai CSI All Share Communication Equipment ETF has risen by 240.74% in the past 3 years, ranking 1/1992 among index equity funds, in the top 0.05%. In terms of profitability, as of February 6, 2026, since its establishment, theGuotai CSI All Share Communication Equipment ETF has had a maximum monthly return of 45.44%, the longest consecutive rising months of 6 months, the longest consecutive rising range of 133.31%, the ratio of rising to falling months is 42/35, the average monthly return in rising months is 8.37%, the annual profit percentage is 66.67%, and the probability of profit when held for 2 years in history is 63.46%. As of February 6, 2026, theGuotai CSI All Share Communication Equipment ETF has an annualized return of 1.15% exceeding the benchmark in the past 2 years.
As of February 6, 2026, the Sharpe ratio of theGuotai CSI All Share Communication Equipment ETF in the past year was 2.14.
In terms of drawdown, as of February 6, 2026, the maximum drawdown of theGuotai CSI All Share Communication Equipment ETF since the beginning of this year was 6.34%, and the drawdown relative to the benchmark was 0.10%.
In terms of fees, the management fee rate of theGuotai CSI All Share Communication Equipment ETF is 0.50%, and the custody fee rate is 0.10%.
In terms of tracking accuracy, as of February 6, 2026, the tracking error of theGuotai CSI All Share Communication Equipment ETF since the beginning of this year was 0.021%.
TheGuotai CSI All Share Communication Equipment ETF closely tracks the CSI All-Share Communication Equipment Index. The CSI All-Share Communication Equipment Index selects listed company securities involved in the communication equipment field from the CSI All-Share Index as index samples to reflect the overall performance of the securities of listed companies in this theme.
China Galaxy Securities believes that the significance of this notice for China's computing power industry lies in the integration and enhancement of resource utilization during the current period of rapid expansion of computing power scale, and combined with previous relevant policies, it further standardizes the construction of domestic computing power. Looking forward, on the basis of the vigorous development of computing power during the "14th Five-Year Plan" period, this notice has initially planned a relatively clear direction for the development of computing power during the "15th Five-Year Plan" period. In the first year of the "15th Five-Year Plan", computing power infrastructure remains one of the core directions worthy of key attention.
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