QingCloud Technologies Corp.

The STAR Composite Index ETF Huaxia rose 1.98%, while the Shanghai Stock Exchange STAR Composite Index climbed strongly by 1.89%. Among constituents, QingCloud Technologies hit the daily limit up, Shijia Photonics gained 10.26%, and Yuanjie Technology advanced 10.03%. In related news, data from the China Academy of Information and Communications Technology shows that domestic AI computing demand in the first quarter of 2026 jumped 417% year-on-year, while effective supply grew only 128%, further widening the supply-demand gap. The spot price for top-spec B300 has now exceeded 14.5 million yuan, and monthly rentals for H200 full systems have also risen, with high-end computing in short supply. Research institutions note that China's AI industry is moving from isolated breakthroughs to coordinated development across the entire industrial chain, and the domestic computing ecosystem is gradually transitioning from technical validation to large-scale deployment.

The STAR Composite Index ETF Huaxia rose 4.04%, with the latest price at 1.47 yuan, while the Shanghai Stock Exchange STAR Composite Index surged 4.15%. Among constituents, QingCloud Technologies gained 19.99%, WinTec Microelectronics rose 18.83%, and Lianxun Instruments climbed 18.23%. In news, the revised Regulations on the Protection of Integrated Circuit Layout Designs took effect on October 15, signaling further policy upgrades in semiconductor intellectual property protection. According to the China Semiconductor Industry Association, China's chip design industry sales reached approximately 835.7 billion yuan in 2025, up 29.4% year-on-year. Guotai Junan Securities noted that with the continuous development of domestic computing power chips and super nodes, domestic advanced packaging and testing capacity needs to expand to meet the growing advanced packaging and testing demands of domestic chip design companies.