展望后市，东兴证券指出，信创板块投资可把握三条主线： 今日（12月26日）聚焦信息技术自主可控领域的信创ETF基金（562030）继续活跃，场内涨幅一度上探 1.55%，现涨1.16%，冲击日线3连阳！ 成份股方面，截至发稿，亚信安全表现最为强劲，涨幅达到9.86%，江波龙和格尔软件紧随其后，涨幅 分别为5.69%和4.27%。另一方面，成都华微跌幅最大，下跌1.63%，用友网络和云天励飞表现相对较 弱，跌幅分别为0.38%和0.21%。 消息面上，第八届GAIR全球人工智能与机器人大会近日在深圳举行，聚焦AI算力新十年发展，海光信 息出异构计算中软件生态对算力释放的关键作用。同期，摩尔线程在MDC 2025大会上发布MUSA 5.0架 构及PyTorch扩展库，推动国产GPU深度学习生态建设。 招商证券指出，计算机行业2025Q3出现业绩拐点，人均扣非净利润大幅增长，行业人效水平提升趋势 有望延续。AI领域重点关注三类方向：提升生产效率的通用工具、垂直场景AI应用及端侧AI硬件。信 创板块景气度持续超预期，替换范围从党政延伸至政务核心系统及行业关键应用，产业链环节进一步拓 展。 中信证券指出，科技博弈背景下 ...

商业航天引爆，12月25日，军工板块连续第二日领涨全市场！高人气军工ETF华宝（512810）盘中摸高 3.24%，场内最高价0.765元，直逼9月1日创下的近3年高点（0.767元），收涨2.97%报0.763元，创2022 年1月5日以来收盘新高！全天放量成交1.16亿元。 据统计，军工ETF华宝（512810）覆盖24只商业航天概念股，权重占比合计28.64%。 【八一军工，大展宏图】代码有"八一"的军工ETF华宝（512810）（原国防军工ETF）覆盖"商业航天 + 可控核聚变 + 低空经济 + 大飞机 + 深海科技 + 军用AI "等诸多热门主题，同时是融资融券+互联互通标 的，是一键投资军工核心资产的高效工具。 数据来源：沪深交易所等。 | | | | | 军工ETF华宝 (512810) 持仓商业航天概念股 (权重合计28.64%) | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 | 代码 | 簡称 | 估算权重(%) | 序号 | 代码 | 间称 | 估算权重(%) | | 1 | 002179.SZ | 中航光电 ...

或由于最新公布的美国上周初请失业金人数低于预期，美联储1月降息概率有所降低，今日（12月25 日）有色金属板块领跌两市，同标的指数规模最大的有色ETF华宝（159876）场内价格一度跌近2%， 现跌1.14%。 业内人士指出，本轮有色金属行情的背后，是全球资本开支周期、制造业复苏、货币属性强化，以及国 内宏观预期改善等多重因素的共同推动，其趋势性和持续性可能远超市场预期。 【周期风口已至，"有色牛"或将持续】 不同的有色金属，景气度、节奏与驱动点不一致，分化在所难免，如果看好有色金属，一个比较轻松的 思路是通过全覆盖来更好地把握整个板块的贝塔行情。揽尽有色金属行业龙头的有色ETF华宝 （159876）及其联接基金（A类：017140，C类：017141）标的指数全面覆盖铜、铝、黄金、稀土、锂 等行业，相较投资单一金属行业，能够分散风险，适合作为投资组合的一部分进行配置。 数据显示，截至发稿，有色ETF华宝（159876）获资金实时净申购2160万份，昨天亦吸金981万元，值 得关注的是，该ETF本周二放量突破上市以来的高点，近4日连续上涨后，今日首度回调，资金或迎逢 跌入场机会，积极进场布局！ 成份股方面，钢 ...

行情热点集中在商业航天、半导体芯片，盘面高度活跃，巨量资金涌入。截至收盘，电子、国防军工分 别获主力资金净流入223.63、159.59亿元，包揽行业前两位（申万一级）。 热门ETF方面，通用航空ETF（159231）、军工ETF（512810）场内价格双双涨逾2.6%。根据机构测 算，我国商业航天迎来具备规模化商业价值的产业变革，2030年有望实现年发射100次、单次成本约1亿 元水平，火箭发射及卫星制造年产值有望达到850亿元。 电子ETF（515260）场内收涨1.68%日线3连阳；重仓国产AI链的科创人工智能ETF（589520）场内收涨 1.59%。美国拟自2027年起对中国半导体产业加征关税，开源证券指出，半导体自主可控或是当下强确 定性和弹性兼备科技主线。 此外，有消息称，英伟达已告知中国客户，计划于春节前向中国客户交付H200芯片，光模块等传统海 外算力链有望持续收益。"高光"创业板人工智能ETF（159363）尾盘收涨逾1%，场内收盘价创历史次 高。 值得一提的是，近期MDI、碳酸锂等化工品轮番涨价，驱动化工板块走势活跃，化工ETF（516020）场 内价格涨近2%。业内指出，反内卷"引领新 ...

| 代理 | 名称 | 涨跌幅 | 主力净流入额 ▼ | 5日主力净流入额 | 20日主力净流入额 | | --- | --- | --- | --- | --- | --- | | 801080 | 电子(申万) | 2.12% | 223.63亿 | 366.01亿 | 1316.63亿 | | 801740 | 国防军工(申万) | 2.88% | 159.59亿 | 276.86亿 | 759.03亿 | | 801730 | 电力设备(申万) | 1.03% | 125.71亿 | 285.98亿 | 732.08亿 | | 801890 | 机械设备(申万) | 1.49% | 81.03亿 | 300.08亿 | 971.12亿 | | 801750 | 计算机(申万) | 1.36% | 76.34亿 | 111.61亿 | 119.55亿 | 或由于英伟达预计春节前向中国客户交付H200芯片，今日（12月24日）英伟达产业链含量超27%的电 子ETF（515260）午后表现活跃，场内价格劲涨1.68%收于日内高点，一举收复60日均线，当前站在所 有均线上方，成功斩获日线3连阳！ 细分方向来看 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ +1.12% +0.88% +0.58% 建筑材料 电力设备 电子 ETFOF 9 +0.42% -1.42% +0.37% 有色金属 银行 国防军工 -1.65% -1.60% -2.07% 商贸零售 美容护理 社会服务 数据来源：iFind，截至2025.12.23，以申万一级行业区分,分别列出当日涨幅及跌幅靠前的4-5个行业。 (4) 0 0 0 资金信号灯 TFDFRA 资金为水 · 顺水行舟 |流入板块前三 36.56亿 电力设备 12.78亿 基础化工 <<<< 建筑材料 3.58亿 | | 流出板块前三 国防军工 -57.69亿 ETFEF 电子 -55.04亿 通信 -40.54亿 数据来源:iFind、沪深交易所,截至2025.12.23,以申万一级行业区分,分别列出当日主力资金净买入 部局多及 净卖出额最多的3个行业。 0 0 0 0 (<<<< 华宝ETF战队 s 交易风向标 ETFE 9 品日 近6月 代码 简称 涨跌幅* 收盘价 涨跌幅* ETF 里和酒 ETFOFRE ETFER | 516360 | 新材料 ...

后续还有机会吗？分析人士指出，市场整体还是以震荡结构看待为宜，当前商业航天或仍处于密集催化 期，或可重点关注其所在的军工板块回调整理过程中的低吸机会。东方证券、中信建投、华泰证券等多 家机构最新策略均提及军工板块机遇。 东方证券认为，军工行业已企稳向好，"十五五"军民贸有望共振。经历了2023~2024年的行业需求不 振，2025年军工行业企稳有所复苏，产业链营收重回增长，内部结构出现分化的趋势有望延续。2026年 是新五年规划的开局年，有望实现军民贸需求共振。 【八一军工，大展宏图】代码有"八一"的军工ETF华宝（512810）（原国防军工ETF）覆盖"商业航天 + 可控核聚变 + 低空经济 + 大飞机 + 深海科技 + 军用AI "等诸多热门主题，同时是融资融券+互联互通标 的，是一键投资军工核心资产的高效工具。 数据来源：沪深交易所等。 连涨四日后，军工板块今日（12月23日）迎来回调，场内高人气军工ETF华宝（512810）收跌1.37%止 步四连阳，全天成交6396万元。昨日该ETF场内价格刚创下9月4日以来新高。 军工ETF华宝（512810）覆盖海陆空天核心军工资产，80只成份股65跌2平13涨 ...

Group 1 - The electronic sector is experiencing significant growth, with the electronic ETF (515260) showing a peak intraday increase of 1.23% and currently up by 0.92%, indicating strong buying interest [1] - Major funds have poured over 10.545 billion into the electronic sector, leading the net inflow rankings among 31 primary industries [2] - The semiconductor equipment market is projected to reach a total sales value of $133 billion by 2025, reflecting a year-on-year growth of 13.7% [3] Group 2 - The PCB market is expected to see a substantial increase, with NVIDIA's GB300 AI server cabinet shipments projected to reach 55,000 units next year, a 129% increase [3] - The semiconductor industry is entering a phase of significant growth, with advanced logic and high-end storage foundries expected to expand, boosting equipment order certainty [4] - The storage market has seen a comprehensive price increase since Q3 2025, driven by supply constraints and rising demand from data centers and AI servers [4] Group 3 - The electronic ETF (515260) and its linked funds are designed to passively track the electronic 50 index, focusing on key sectors such as semiconductors and consumer electronics [5] - The external environment is pushing China to achieve self-sufficiency in the semiconductor supply chain, while AI is reshaping consumer electronics [5] - National policies and industry support are expected to drive the electronic sector's growth [5]

Group 1 - The core viewpoint of the news highlights the performance of the big data industry ETF (516700), which showed a decline of 0.52% in intraday trading, while certain constituent stocks like Qimingxingchen, Guotou Intelligent, and Qi Anxin performed strongly with increases of 2.17%, 1.49%, and 0.98% respectively [1] - The article discusses the recent developments in the AI sector, particularly the launch of the new GPU architecture "Huagang" by Moore Threads, which supports full precision computing and high-performance AI training chips, achieving international mainstream levels in several metrics [3] - The focus of the AI industry is shifting from "fast thinking" to "slow thinking," emphasizing algorithm and training paradigm optimization, with a transition from benchmark testing to real-world task execution [3] Group 2 - The big data industry ETF (516700) passively tracks the CSI Big Data Industry Index, heavily investing in sectors such as data centers, cloud computing, and big data processing, with key stocks including Zhongke Shuguang, Keda Xunfei, and Unisplendour [4] - There are three main catalysts for investors interested in the direction of technological self-reliance: the call for "technology to lead," the top-level design of Digital China to activate digital productivity, and the acceleration of the domestic substitution process [4] - The article notes that the trend of "信创" (Xinchuang) is expected to accelerate, indicating a broad outlook for technological self-reliance [4]

Group 1 - The electronic ETF (515260) showed stable performance with an intraday peak increase of 1.23%, currently up by 0.77% [1] - Among the constituent stocks, North Huachuang, Industrial Fulian, and Shenghong Technology had the most significant gains, with increases of 4.72%, 4.11%, and 3.64% respectively [1] - Conversely, Lingyi iTech, Zhaosheng Micro, and Transsion Holdings experienced declines, with drops of 4.64%, 2.44%, and 2.39% respectively [1] Group 2 - Moore Threads announced multiple key domestic GPU technology achievements at its first developer conference, achieving breakthroughs in both training and inference [3] - The National Big Fund Phase III has recently invested in the semiconductor industry chain, further promoting the construction of the domestic chip ecosystem [3] - According to Galaxy Securities, global semiconductor equipment sales are expected to reach $133 billion in 2025, a 13.7% year-on-year increase, with further growth anticipated in 2026 and 2027 driven by AI-related investments [3] - The domestic integrated circuit manufacturing industry saw a value-added growth of 32.4% in November, with domestic GPU companies going public and upstream localization processes accelerating [3] Group 3 - Micron's Q1 FY2026 performance exceeded expectations, driven by the ongoing AI wave, with revenue reaching $13.64 billion, a 57% year-on-year increase, and projected revenue for the next quarter expected to rise to $18.7 billion [3] - The current electronic industry demand is recovering, with effective supply clearing and rising storage chip prices, alongside unexpected progress in domestic production [3] - Recommendations include focusing on structural opportunities in AI computing power, AIOT, semiconductor equipment, key components, and rising storage prices [3] Group 4 - The electronic ETF (515260) and its linked funds (Link A: 012550, Link C: 012551) passively track the electronic 50 index, with the top ten weighted stocks including Luxshare Precision, Cambricon, Industrial Fulian, SMIC, Haiguang Information, North Huachuang, Shenghong Technology, Zhongke Shuguang, BOE A, and Lanke Technology [4]