Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-08-29 03:31Core Viewpoint - The A-share market, particularly the AI computing power industry chain, experienced a collective pullback, with the ChiNext AI Index dropping over 2%, while some stocks like Tianfu Tongxin and Taicheng Guang rose against the trend [1]. Group 1: Market Performance - The ChiNext AI Index, which focuses on sectors like optical modules and AI software & applications, saw a decline of more than 2% as of 10:07 AM [1]. - The popular ETF, Huaxia ChiNext AI ETF (159381), recorded a trading volume exceeding 1.7 billion yuan, with over 10 million yuan in net subscriptions, indicating strong investor sentiment [1]. - Over the past five trading days, the Huaxia ChiNext AI ETF has seen a net inflow of over 1.3 billion yuan [1]. Group 2: Policy Impact - On August 26, 2025, the State Council released the "Opinions on Deepening the Implementation of 'Artificial Intelligence+' Action," emphasizing the need to strengthen foundational capabilities in models, computing power, and data [1]. - Longcheng Securities believes that the advancement of "Artificial Intelligence+" will necessitate higher demands for infrastructure in models, computing power, and data, highlighting the critical role of computing power as a foundational support [1]. Group 3: ETF Details - The Huaxia ChiNext AI ETF (159381) tracks the ChiNext AI Index (970070.CNI) and focuses on leading companies in the AI industry chain, particularly in high-demand AI computing power, which accounts for over 40% of its weight [2]. - The ETF has achieved an impressive year-to-date increase of over 80%, significantly outperforming other AI indices such as CS Artificial Intelligence and Sci-Tech Innovation AI [2].