Alphabet(US:GOOG) Mei Ri Jing Ji Xin Wen·2025-11-04 07:03Core Insights - The ChiNext Index fell over 2% in the afternoon, while the Shanghai Composite Index decreased by 0.57% and the Shenzhen Component Index dropped by 1.83% [1] - The artificial intelligence AI ETF (515070) saw a significant net inflow of over 500 million yuan in the last five trading days, bringing its total size to 9.708 billion yuan [1] Market Performance - The sectors that experienced the largest declines included precious metals, peek materials, weight loss drugs, AI PCs, and wind power equipment [1] - The AI ETF (515070) declined by 1.48% during the trading session, with its holdings such as Jingsheng Electronics, Fudan Microelectronics, and Zhongke Chuangda leading the losses [1] Company Developments - Google CEO Sundar Pichai confirmed during the latest earnings call that the company plans to launch its next-generation AI model, Gemini 3, within this year [1] - The new model aims to surpass the current Gemini 2.5 Pro and focuses on enhancing its "agent" capabilities in handling complex, multimodal tasks to narrow the performance gap with top competitors like OpenAI's GPT-5 [1] ETF Composition - The AI ETF (515070) tracks the CS Artificial Intelligence Theme Index (930713), selecting stocks that provide technology, foundational resources, and applications in the AI sector [1] - The top ten weighted stocks in the ETF include leading domestic technology firms such as Zhongji Xuchuang, Xinyisheng, Cambrian, Zhongke Shuguang, iFlytek, OmniVision, Hikvision, Lianqi Technology, Kingsoft, and Unisplendour [1]