Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-11-21 04:36Core Viewpoint - The A-share technology sector experienced a rapid rebound, particularly in the optical module CPO, SMIC, and lithography machine concepts, driven by increased demand for AI computing power and rising retail prices of 1.6T optical modules [1] Group 1: Market Performance - The optical module CPO concept stocks saw significant gains, with Zhongji Xuchuang rising over 3% and other stocks like Xinyi Sheng and Dongshan Precision also performing well [1] - The AI-focused ETF, Huaxia (159381), which has over 54% weight in optical module CPO stocks, rose by 1.75%, while the 5G communication ETF (515050) increased by over 1% [1] Group 2: Price Dynamics - The retail price of the 1.6T optical module has surged from approximately $1200 at launch to over $2000, indicating a substantial increase due to tight supply-demand dynamics driven by ongoing AI computing power needs [1] - Guosheng Securities noted that the demand from overseas leading clients for 1.6T optical modules has been continuously revised upward, contributing to the market's tight supply situation [1] Group 3: Investment Trends - The computing power sector has seen fluctuations, but valuation attractiveness has been rising, prompting funds to actively position themselves during dips [1] - The Huaxia AI ETF has seen continuous net subscriptions over the past six trading days, while the 5G communication ETF has attracted over 680 million yuan in the last ten days [1] Group 4: ETF Details - The Huaxia AI ETF (159381) tracks the ChiNext AI index and has a low expense ratio of 0.2%, with top holdings including Zhongji Xuchuang (24.78%), Xinyi Sheng (19.40%), and Tianfu Communication (5.11%) [2] - The 5G communication ETF (515050) tracks the CSI 5G communication theme index and has a scale exceeding 9 billion yuan, focusing on companies in the Nvidia, Apple, and Huawei supply chains [2]