China Southern SSE STAR Chip Index ETF(588890) Rises 2.40%, with Scale Growing by RMB 76.9435 Million Over the Past Week

NewTimeSpace (newtimespace.com) News, – As of 10:47 on August 12, 2026, Southern STAR Market Chip ETF (588890) rose 2.40%, with its latest price at RMB 4.15. Over a longer horizon, as of August 11, 2026, the ETF had accumulated a gain of 8.72% over the past week.

In terms of liquidity, Southern STAR Market Chip ETF recorded a turnover rate of 2.79% during the session, with trading volume reaching RMB 96.5292 million. Over a longer period, as of August 11, the ETF’s average daily turnover over the past year was RMB 160 million.

In terms of scale, the ETF’s scale grew by RMB 76.9435 million over the past week, achieving significant growth and ranking 3rd among 11 comparable funds in new scale additions. (Data source: Wind)

Data shows that leveraged funds are continuing to position themselves. The latest margin buying amount for Southern STAR Market Chip ETF reached RMB 4.9802 million, with its latest margin balance standing at RMB 24.0651 million. (Data source: Wind)

As of August 11, the net value of Southern STAR Market Chip ETF had risen 282.63% over the past 2 years, ranking first among comparable funds and 4th out of 2,901 equity index funds, placing it in the top 0.14%. In terms of return capability, as of August 11, 2026, since its inception, the ETF achieved a highest single‑month return of 36.50%, a longest consecutive winning streak of 4 months with a cumulative gain of 74.81%, and a win‑loss month ratio of 16/11. Its average monthly return during up months was 15.48%, with an annual profitable percentage of 100.00%, a monthly profitability probability of 60.15%, and a historical 2‑year holding period profitability probability of 100.00%. As of August 11, 2026, the ETF’s 3‑month excess annualized return over its benchmark was 0.89%.

As of August 7, 2026, the ETF’s 1‑year Sharpe ratio stood at 1.98, ranking among the top 2 among 8 comparable funds, indicating higher returns for the same level of risk.

In terms of drawdown, as of August 11, 2026, the ETF’s maximum drawdown relative to its benchmark since inception was 3.09%.

On fees, Southern STAR Market Chip ETF charges a management fee of 0.50% and a custody fee of 0.10%.

On tracking accuracy, as of August 11, 2026, the ETF’s 2‑year tracking error was 0.020%, representing a relatively high tracking precision among comparable funds.

Southern STAR Market Chip ETF closely tracks the SSE STAR Market Chip Index. The index selects securities from STAR Market listed companies whose businesses involve semiconductor materials and equipment, chip design, chip manufacturing, chip packaging and testing, as index samples, reflecting the overall performance of representative chip industry listed companies on the STAR Market.

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