2 1 Shi Ji Jing Ji Bao Dao·2025-11-27 02:39Group 1 - The semiconductor equipment ETF (561980) opened high on November 27, with a mid-day increase of over 3%, and several component stocks such as Haiguang Information rising over 8% [1] - The domestic GPU "unicorn" Muxi Co., Ltd. is set to launch its IPO on December 5, aiming to raise 3.904 billion yuan for the development and industrialization of new high-performance general-purpose GPUs [1] - The IPO process for Muxi took 117 days from acceptance to approval, only 29 days longer than that of Moer Thread, which opened for subscription on November 24, attracting 4.8266 million retail investors [1] Group 2 - Guotai Junan pointed out that the listing of Muxi on the Sci-Tech Innovation Board marks a significant step for domestic high-end chips in terms of capital and marketization [1] - The current iteration of advanced process technology in China is expected to lead to a gradual shift of AI chips towards domestic wafer foundries, with full domestic production in packaging and testing [1] - Core assets like SMIC, which are positioned in advanced processes, are anticipated to benefit from the vast domestic market opportunities in the AI era [1] Group 3 - The semiconductor equipment ETF (561980) tracks the CSI Semiconductor Index, with the top five holdings being Zhongwei Company (15.49%), Northern Huachuang (13.57%), Cambricon (11.09%), SMIC (9.06%), and Haiguang Information (8.03%), indicating a concentration of over 57% in these leading firms [2] - The index's component stocks are primarily leaders in semiconductor equipment, materials, and integrated circuit design, with over 90% of the index representing critical segments of domestic innovation [3]