Guotai CSI All Share Communication Equipment ETF (515880) Rises 3.15% in Early Trading; Hyper-Scale Cloud Vendors' CapEx Expected to Exceed $740 Billion in 2026

NewTimeSpace News - As of 09:44 on April 3, 2026, the Guotai Communication ETF (515880) rose 3.15%, with its latest price reaching 1.12 yuan. Looking at a longer timeframe, as of April 2, 2026, the ETF has accumulated a gain of 0.65% over the past week. (The stocks listed above are solely index constituents and do not constitute specific investment recommendations.)

In terms of liquidity, the Guotai Communication ETF recorded an intraday turnover rate of 3.44% and a trading volume of 511 million yuan. Looking at a longer timeframe, as of April 2, the ETF's average daily trading volume reached 1.474 billion yuan over the past month.

Regarding fund size, the Guotai Communication ETF's latest AUM stands at 14.364 billion yuan. (Data source: Wind)

Data indicates continued positioning by leveraged funds. The Guotai Communication ETF recorded a net margin purchase of 4.2812 million yuan on the previous trading day, with its latest margin balance reaching 351 million yuan. (Data source: Wind)

As of April 2, the Guotai Communication ETF has gained 229.52% over the past 5 years, ranking 1st among 1,169 equity index funds, placing it in the top 0.09%. In terms of return capability, as of April 2, 2026, since its inception, the ETF has achieved a maximum monthly return of 45.44%, a maximum consecutive rising period of 6 months, a maximum consecutive gain of 133.31%, a rising-to-falling month ratio of 43/36, an average monthly return of 8.19% during rising months, an annual profit percentage of 66.67%, and a 64.53% probability of profit for historical 2-year holdings. As of April 2, 2026, the Guotai Communication ETF has outperformed its benchmark by 1.17% in annualized returns over the past 2 years.

As of March 27, 2026, the Guotai Communication ETF's Sharpe ratio over the past year was 2.48.

Regarding drawdown, as of April 2, 2026, the Guotai Communication ETF's maximum drawdown this year was 8.16%, with a relative benchmark drawdown of 0.17%.

In terms of fee structure, the Guotai Communication ETF charges a management fee of 0.50% and a custody fee of 0.10%.

For tracking accuracy, as of April 2, 2026, the Guotai Communication ETF's tracking error over the past month was 0.013%.

The Guotai Communication ETF closely tracks the CSI All Share Communication Equipment Index, which selects listed companies engaged in communication equipment from the CSI All Share Index as index constituents to reflect the overall performance of listed companies in this theme.

On the news front, the communication industry's Q1 2026 earnings preview shows that the AI technology revolution is driving the formation of a new growth trend, with optical connectivity, domestic computing power, AI edge applications, and commercial aerospace facing important development opportunities.

Morgan Stanley stated that the computing power demand gap is significant, with tech giants strengthening their leading position. Cash capital expenditures by hyper-scale cloud vendors are expected to exceed $740 billion in 2026 and surpass $900 billion in 2027, representing a compound annual growth rate of 29% from 2024 to 2027. Sustained computing power infrastructure investment will support their competitive advantages in the AI era and further drive demand across upstream and downstream industrial chains including semiconductors and data centers.

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