Core Viewpoint - The Integrated Circuit ETF (159546) opened with a gain of 0.47%, reflecting positive market sentiment in the semiconductor sector [1] Group 1: ETF Performance - The Integrated Circuit ETF (159546) opened at 1.714 yuan [1] - Since its establishment on October 11, 2023, the fund has achieved a return of 70.46% [1] - The fund's return over the past month is reported at 24.76% [1] Group 2: Major Holdings Performance - Major holdings in the ETF include: - SMIC (中芯国际) with a gain of 1.26% [1] - Haiguang Information (海光信息) with a gain of 1.49% [1] - Cambrian (寒武纪) with a gain of 3.75% [1] - OmniVision (豪威集团) with a gain of 2.38% [1] - Zhaoyi Innovation (兆易创新) with a gain of 0.95% [1] - Longsys (长电科技) with a slight gain of 0.03% [1] - Unisoc (紫光国微) with a minor decline of 0.01% [1] - Chipone (芯原股份) with a decline of 1.11% [1] - Rockchip (瑞芯微) with a gain of 2.30% [1] Group 3: Management Information - The ETF is managed by Guotai Fund Management Co., Ltd. [1] - The fund manager is Ma Yiwen [1] - The performance benchmark for the ETF is the CSI All-Share Integrated Circuit Index [1]

Core Viewpoint - The Sci-Tech Chip ETF (588290) opened with a gain of 0.89% on August 27, 2023, indicating positive market sentiment towards the semiconductor sector [1] Group 1: ETF Performance - The Sci-Tech Chip ETF (588290) opened at 2.031 yuan, reflecting a 0.89% increase [1] - Since its establishment on September 30, 2022, the fund has achieved a return of 101.48% [1] - The fund's one-month return stands at 27.57% [1] Group 2: Major Holdings Performance - Key holdings include: - SMIC (中芯国际) up 1.26% [1] - Haiguang Information (海光信息) up 1.49% [1] - Cambricon (寒武纪) up 3.75% [1] - Lattice Technology (澜起科技) down 0.39% [1] - Zhongwei Company (中微公司) down 1.86% [1] - Chipone (芯原股份) down 1.11% [1] - Hushi Silicon Industry (沪硅产业) up 0.29% [1] - Hengxuan Technology (恒玄科技) up 2.25% [1] - Sitaiwei (思特威) up 0.17% [1] - Huahai Qingke (华海清科) down 0.77% [1] Group 3: Fund Management - The fund is managed by Huaan Fund Management Co., Ltd. [1] - The fund manager is Liu Xuanzai [1] - The performance benchmark for the fund is the Shanghai Stock Exchange Sci-Tech Board Chip Index [1]

Market Overview - On August 26, A-shares experienced a collective decline, with the Shanghai Composite Index dropping by 0.36% during intraday trading [1] - The beauty care, media, and computer sectors showed positive performance, while steel and real estate sectors faced significant declines [1] Chip Sector Performance - The chip ETF (159995) fell by 1.13% as of 9:48 AM, with notable gains in some component stocks: Sanan Optoelectronics increased by 5.15%, Lattice Semiconductor by 2.93%, Geke Micro by 1.70%, and Tuojing Technology by 1.50% [1] - Conversely, Haiguang Information and Cambrian-U performed poorly, with declines of -4.01% and -3.53% respectively [1] Computing Power Development - According to the "2025 Comprehensive Computing Power Index" released at the 2025 China Computing Power Conference, as of June 30, 2025, China's operational computing power center rack total reached 10.85 million standard racks, with intelligent computing power at 788 EFLOPS (FP16) [3] - The integration of computing power platforms across ten provinces and regions in China has been completed, establishing a new pattern of computing power development characterized by "overall overview and regional collaboration" [3] Investment Opportunities in Computing Power - Longcheng Securities reports that the ongoing global AI wave is driving an exponential increase in computing power demand, with domestic models like DeepSeek advancing rapidly [3] - The construction of domestic computing power infrastructure and the gradual improvement of AI chip technology are expected to create significant opportunities for domestic computing power autonomy [3] - The chip ETF (159995) tracks the National Chip Index, comprising 30 leading companies in the A-share chip industry, including SMIC, Cambrian, Changdian Technology, and Northern Huachuang [3]

Core Viewpoint - The article discusses the performance of the Science and Technology Innovation ETF (588360), highlighting its recent market movements and key holdings [1]. Group 1: ETF Performance - The Science and Technology Innovation ETF (588360) opened down 0.84%, priced at 0.826 yuan [1]. - Since its inception on June 29, 2021, the ETF has returned -17.06%, while its return over the past month has been 25.11% [1]. Group 2: Key Holdings - Major holdings in the ETF include: - Ningde Times down 1.12% - SMIC down 2.10% - Mindray down 0.57% - Haiguang Information down 3.29% - Zhongji Xuchuang down 2.00% - Xinyi Sheng up 0.63% - Cambrian down 5.41% - Huichuan Technology up 0.21% - Sunshine Power down 0.66% - Lanke Technology down 0.96% [1].

Core Viewpoint - The double innovation ETF (588300) opened with a decline of 1.01%, indicating a negative market sentiment towards the fund and its underlying assets [1] Group 1: ETF Performance - The double innovation ETF (588300) opened at 0.782 yuan, reflecting a decrease of 1.01% [1] - Since its establishment on June 25, 2021, the fund has recorded a return of -21.15% [1] - Over the past month, the fund has shown a recovery with a return of 25.13% [1] Group 2: Major Holdings Performance - Major holdings in the ETF include: - Ningde Times: down 1.12% [1] - SMIC: down 2.10% [1] - Mindray: down 0.57% [1] - Haiguang Information: down 3.29% [1] - Zhongji Xuchuang: down 2.00% [1] - Xinyi Sheng: up 0.63% [1] - Cambrian: down 5.41% [1] - Huichuan Technology: up 0.21% [1] - Sunshine Power: down 0.66% [1] - Lanke Technology: down 0.96% [1]

Core Viewpoint - The Sci-Tech Chip ETF (588200) opened with a decline of 2.32%, indicating a bearish trend in the semiconductor sector [1] Group 1: ETF Performance - The Sci-Tech Chip ETF (588200) opened at 2.060 yuan, reflecting a drop of 2.32% [1] - Since its establishment on September 30, 2022, the fund has achieved a return of 110.41% [1] - The fund's performance over the past month has been a return of 29.88% [1] Group 2: Major Holdings - Key holdings in the ETF include: - SMIC (中芯国际) down 2.10% - Haiguang Information (海光信息) down 3.29% - Cambricon (寒武纪) down 5.41% - Lattice Technology (澜起科技) down 0.96% - Zhongwei Company (中微公司) down 0.93% - Chipone (芯原股份) down 5.01% - Hu Silicon Industry (沪硅产业) down 0.29% - Hengxuan Technology (恒玄科技) down 0.58% - SiTewave (思特威) down 0.49% - Huahai Qingke (华海清科) down 0.47% [1]

Group 1 - The chip ETF (159995) opened with a gain of 3.05%, priced at 1.590 yuan [1] - Major holdings in the chip ETF include: - SMIC up 1.95% - Haiguang Information up 5.34% - Cambrian up 6.26% - Northern Huachuang up 2.84% - OmniVision up 1.24% - Lattice Semiconductor up 3.79% - Zhongwei Company up 1.95% - Zhaoyi Innovation up 5.38% - Changdian Technology up 2.96% - Unisoc up 1.21% [1] - The performance benchmark for the chip ETF is the National Securities Semiconductor Chip Index return, managed by Huaxia Fund Management Co., Ltd. [1] Group 2 - Since its establishment on January 20, 2020, the chip ETF has achieved a return of 54.16% [1] - The return over the past month for the chip ETF is 26.00% [1]

Core Viewpoint - The Zhongzheng Kechuang Chuangye 50 Index has shown strong performance, with significant gains in constituent stocks, indicating a bullish trend in the technology and innovation sectors in China [1][2]. Group 1: Index Performance - As of August 25, 2025, the Zhongzheng Kechuang Chuangye 50 Index rose by 4.78%, with notable increases in stocks such as Zhongji Xuchuang (up 14.63%) and Haiguang Information (up 14.37%) [1]. - The Kechuang Chuangye ETF (Jia Shi, 588400) increased by 4.57%, with a weekly cumulative rise of 10.88% as of August 22, 2025 [1]. - The latest scale of the Kechuang Chuangye ETF reached 1.785 billion yuan, marking a one-month high [1]. Group 2: Fund Performance - The Kechuang Chuangye ETF has achieved a net value increase of 20.70% over the past six months, ranking 444 out of 3537 in the index stock fund category, placing it in the top 12.55% [1]. - Since its inception, the ETF has recorded a highest single-month return of 29.42% and an average monthly return of 5.69% during rising months [1]. Group 3: Key Holdings - As of July 31, 2025, the top ten weighted stocks in the Zhongzheng Kechuang Chuangye 50 Index accounted for 57.49% of the index, with leading companies including Ningde Times and Zhongji Xuchuang [2][4]. - The top three stocks by weight are Ningde Times (9.85%), Zhongji Xuchuang (5.20%), and Haiguang Information (5.27%) [4]. Group 4: Industry Insights - The Ministry of Industry and Information Technology emphasized the need for a scientific layout of computing power infrastructure and the acceleration of breakthroughs in key technologies such as GPU chips during the 2025 China Computing Power Conference [4]. - The Chinese computing power platform has achieved comprehensive connectivity, further solidifying the foundation for the country's digital economy [4]. Group 5: Market Sentiment - Dongwu Securities reported that the financing balance has exceeded 2 trillion yuan, a historical high, with insurance funds continuing to increase their holdings in financial stocks [5]. - The current market sentiment is positive, with a focus on long-term investments in financial and technology sectors, particularly in robotics, domestic and international computing power, and innovative pharmaceuticals [5].

截至2025年8月25日 10:55，科创综指ETF鹏华(589680)上涨2.95%，成分股开普云(688228)上涨20.00%， 航天宏图(688066)上涨20.00%，德科立(688205)上涨14.57%，云天励飞(688343)，海光信息(688041)等个 股跟涨。 浙商证券指出，自2024年9月24日以来，本轮AI主线引领的牛市中，科创板是引领板块。类似于，2013 年至2015年互联网主线引领的牛市中，创业板是引领板块。在这长达2年半的牛市运行中，主要划分为 三阶段，分别是，预期反转驱动、产业景气驱动、资金情绪驱动。其中，产业基本面驱动是主升段，是 牛市主要上涨阶段。 数据显示，截至2025年7月31日，上证科创板综合指数(000680)前十大权重股分别为海光信息(688041)、 寒武纪(688256)、中芯国际(688981)、金山办公(688111)、中微公司(688012)、百利天恒(688506)、联影 医疗(688271)、澜起科技(688008)、传音控股(688036)、华润微(688396)，前十大权重股合计占比 20.97%。 科创综指ETF(589680)，场外联接A ...

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index has risen by 2.84%, with significant gains in constituent stocks such as Dongxin Co. (up 10.68%) and Chipone Technology (up 10.37%) [1] - The Sci-Tech Chip ETF (588200) increased by 1.11%, reaching a peak increase of nearly 5% at the beginning of the trading session, and has accumulated a 17.12% increase over the past week [1][4] - The trading volume of the Sci-Tech Chip ETF reached 29.18 billion yuan with a turnover rate of 8.26%, ranking first among comparable funds [4] Group 2 - The latest scale of the Sci-Tech Chip ETF has reached 337.26 billion yuan, marking a new high since its inception and also ranking first among comparable funds [4] - The net value of the Sci-Tech Chip ETF has increased by 123.44% over the past year, placing it in the top 0.94% among index equity funds [4] - The top ten weighted stocks in the Sci-Tech Chip Index account for 57.59% of the index, with companies like Cambricon, SMIC, and Haiguang Information being the most significant contributors [5][7] Group 3 - The DeepSeek model has been updated to version 3.1, which now supports FP8 precision and domestic chips, potentially accelerating the development of the domestic computing power ecosystem [4] - Tencent's earnings report indicated a diversification in the supply chain for its inference chips, suggesting that domestic inference computing power chips may become a competitive advantage amid international supply chain fluctuations [4] - Huawei's Ascend chips are gradually expanding their applications in government and financial sectors, reflecting an increase in the market competitiveness of domestic chips [4]