FII(SH:601138) Mei Ri Jing Ji Xin Wen·2025-08-19 07:03Core Viewpoint - Industrial Fulian's stock price reached the daily limit, with a market capitalization approaching 1 trillion yuan and a trading volume of nearly 12 billion yuan [1] Group 1: Market Performance - The Communication ETF (515880) rose over 3.7%, with a gain of over 100% since the rebound on April 9, as of August 19 [1] - In the past 10 trading days, there has been a net inflow of over 1.5 billion yuan into the Communication ETF (515880), which currently has a scale exceeding 5 billion yuan [1] Group 2: Industry Insights - The current liquidity remains loose, with AI being a core direction for the technology sector in this bull market [1] - According to CITIC Construction Investment Securities, the development of large models is still in the early to mid-stages, and the industrial application cycle has just begun [1] - Investment in computing power is expected to grow alongside the revenue from large models, indicating a high potential ceiling for investments [1] Group 3: Investment Recommendations - The Communication ETF (515880) has over 40% of its index in optical modules, with servers and copper connections making up over 60%, indicating a significant representation in mainstream AI and communication indices [1] - Continuous attention is recommended for the Communication ETF (515880) due to its strong positioning in the computing power infrastructure supply chain [1]