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Market Overview - On May 27, the Sci-Tech Innovation Artificial Intelligence ETF (Hua Xia, 589010) fell by 1.39%, with major holdings like Cambricon Technologies dropping by 5.68% [1] - The Robotics ETF (562500) decreased by 1.41%, led by Green Harmony's decline of 8.39%, followed by Jiangsu Leili at 7.75% and Huachen Equipment at 3.83% [1] - The trading volume for the day was 553 million yuan, making it the top ETF in its category, with a turnover rate of 4.28% [1] Key Developments - LeXiang Intelligent announced the completion of a 100 million yuan angel round financing, led by Jinqiu Fund, with participation from existing investors including Jingwei Venture Capital and Oasis Capital [1] - The Beijing Municipal Government released the "Artificial Intelligence Empowering New Industrialization Action Plan (2025)", which supports enterprises in R&D, manufacturing, and quality control, with funding up to 50 million yuan for key simulation verification platforms [1] Institutional Insights - According to China Merchants Securities, a series of policies have reversed market pessimism, with a focus on the effectiveness of policy implementation and fundamental recovery [3] - The medium to long-term focus remains on technological innovation as a growth driver, while short-term attention is directed towards policies catalyzing the consumer sector and sectors like robotics showing marginal improvements [3] Popular ETFs - The Robotics ETF (562500) is the only ETF in the market with over 10 billion yuan in scale, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Sci-Tech Innovation Artificial Intelligence ETF (Hua Xia, 589010) captures the "singularity moment" of the AI industry with a 20% price fluctuation limit and small to mid-cap elasticity [4]