Mei Ri Jing Ji Xin Wen·2025-11-06 01:16Market Review - The Huaxia Sci-Tech AI ETF (89010) closed at 1.374 CNY, down 0.94%, following a decline in the Sci-Tech AI Index (-1.01%) [1] - The ETF showed a recovery after a low opening, indicating short-term support [1] - Among the constituent stocks, 5 increased while 25 decreased, with Weisheng Information and Tianzhun Technology leading the gains, while Fuxin Software and Fudan Microelectronics saw significant declines, reflecting pressure on AI applications and computing power [1] - The Robot ETF (562500) closed at 0.996 CNY, down 0.50%, fluctuating between 0.984 and 0.999 CNY throughout the day [1] - The trading volume exceeded 900 million CNY, maintaining stable trading activity [1] Hot News - Xiaopeng aims to achieve large-scale production of advanced humanoid robots by the end of 2026 [2] - At the 8th China International Import Expo, Wang Xingxing, founder of Yushu Technology, commented on the development speed of embodied intelligent models, noting that while there has been significant progress in some areas this year, the pace of advancement in large models is slightly slower than expected [2] - Jindi Co. announced innovations in the development of robot harmonic reducer flexible wheel products, successfully achieving import substitution through precision stamping [2] Institutional Views - Guojin Securities emphasizes the importance of new technology iterations and component ticket pricing, highlighting the competitive advantages of automotive manufacturers and brands that understand demand scenarios and hardware supply chains [3] - The report suggests focusing on the "ticket pricing" and technological iterations, particularly in the supply chain related to Tesla and its components [3] - Key recommendations include the full-size humanoid robot UM Ningbo Huaxiang and attention to the development of dexterous hands and motors [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion CNY, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Huaxia Sci-Tech AI ETF (589010) is positioned as the "brain" of robotics, with a 20% fluctuation limit and flexibility in small and mid-cap stocks, aiming to capture the "singularity moment" in the AI industry [4]