Mei Ri Jing Ji Xin Wen·2025-09-25 04:40Group 1 - The A-share market saw a collective rise in the three major indices on September 25, with notable gains in sectors such as computing hardware, gaming short dramas, controllable nuclear fusion, and non-ferrous metals [1] - The cloud computing 50 ETF (516630) experienced a surge of over 4%, with major holdings like Inspur Information and Yonyou Network hitting the daily limit, and Inspur Information reaching a historical high with a total market value exceeding 110 billion [1] - Alibaba announced a collaboration with NVIDIA for Physical AI at the 2025 Cloud Summit, with plans to invest 380 billion in AI infrastructure and the launch of seven large model products, including Qwen3-Max, which is the largest and most capable model to date [1] Group 2 - According to CMB International, the Cloud Summit further confirms the increasing demand in China's AI and cloud industry, showcasing trends of continuous improvement in model capabilities, optimization of infrastructure, and a flourishing application ecosystem [1] - The cloud computing 50 ETF (516630) tracks the cloud computing index (930851), which has a high AI computing power content, covering popular concepts such as optical modules, computing leasing, data centers, AI servers, and liquid cooling [1] - The cloud computing 50 ETF (516630) is noted for having the lowest total fee rate among ETFs tracking this index [1]