On the morning of August 5, the three major A-share indices showed divergent trends, with the Shanghai Composite Index rising 0.44% intraday. Sectors such as steel, diversified industries, and real estate led the gains, while computer and pharmaceutical-biotechnology sectors lagged. Consumer electronics strengthened, with the Consumer Electronics ETF (159732.SZ) up 0.12% as of 10:22. Among its constituents, Joyson Electronics rose 3.08%, TCL Technology gained 2.93%, Lens Technology advanced 2.59%, Sanhuan Group increased 1.67%, and Tianma Microelectronics (Shenzhen Tianma A) climbed 1.61%.

On the news front, data from the Ministry of Industry and Information Technology showed that in the first half of 2025, the added value of China's large-scale electronic information manufacturing industry grew by 11.1% year-on-year. Among major products, mobile phone output reached 707 million units, down 4.5% year-on-year, while smartphone output rose 0.5% to 563 million units. Output of microcomputer equipment increased 5.6% to 166 million units, and integrated circuit production grew 8.7% to 239.5 billion units, with exports surging 20.6% to 167.8 billion units. China's electronic information manufacturing sector maintained robust growth.

A China Galaxy Securities research report noted continuous innovation in smart consumer electronics, industrial intelligent terminals, embodied intelligent terminals, AI Agents, and other intelligent products and services. Major Chinese companies are accelerating their layouts around hardware such as intelligent connected vehicles, humanoid robots, AI phones, AI PCs, and AR/VR devices to drive rapid product iteration. AI is helping the manufacturing industry transition from single-point applications to full-process, full-industry-chain intelligent upgrades. Domestic large-model manufacturers also regard "Intelligent Terminal Agents" as a key breakthrough for technology implementation, partnering with automotive, smartphone, embodied intelligence, and IoT players to explore new frontiers in consumer applications.

The Consumer Electronics ETF (159732) tracks the China Securities Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry. These companies are mainly distributed across high-profile mainstream sectors such as electronic manufacturing, semiconductors, and optoelectronics. Its off-site feeder funds are: Class A (018300) and Class C (018301).