Di Yi Cai Jing·2025-08-22 06:42Core Viewpoint - The Sci-Tech Innovation Board (科创板) is experiencing significant growth, driven by leading semiconductor stocks like Cambrian (寒武纪) and SMIC (中芯国际), with the Sci-Tech 50 Index approaching a doubling since its low in September 2024, yet still over 500 points away from its historical high of 1726 points set in July 2020 [1][2] Group 1: Market Performance - The Sci-Tech 50 Index has seen a substantial increase, with a notable rise since September 24, 2024, reflecting a bullish trend in the market [1][2] - The index's performance is compared to the 2013-2015 bull market in the ChiNext board, suggesting potential for further growth [1][2] Group 2: Analyst Insights - Analysts express optimism about the future of the Sci-Tech Board, drawing parallels to the ChiNext board's performance during the internet boom, indicating a similar trajectory for the current AI-driven market [2] - There are concerns about speculative trading, with some analysts warning that while short-term gains may continue, they may not reflect long-term investment value [2]