Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-08-14 07:05Group 1 - The A-share market is experiencing a rotation of hot sectors, with the optical module CPO concept stocks experiencing a pullback while stablecoins and chips lead the gains [1] - The Huaxia Artificial Intelligence ETF (159381) has a weight of over 40% in optical module CPO stocks, with major stocks like Tianfu Communication, Zhongji Xuchuang, and Lian Te Technology dropping over 4% [1] - According to Huatai Securities, the capital expenditure of the four major cloud providers in North America is expected to grow by 69% year-on-year by Q2 2025, reaching $87.4 billion, and is projected to reach $333.8 billion by 2025, indicating significant growth potential for AI computing power [1] Group 2 - High-end optical modules have a global market share of 70% in China, benefiting from the current wave of AI computing power construction [2] - The top three components of the ChiNext Artificial Intelligence Index include Zhongji Xuchuang (15.89%), Xinyi Sheng (14.86%), and Tianfu Communication (4.77%) [2] - The Huaxia Artificial Intelligence ETF (159381) has the lowest comprehensive fee rate among comparable funds, with a management fee rate of 0.15% and a custody fee rate of 0.05% [2]