“硬科技”ETF迎来发售热潮 增量资金涌入前沿科技赛道

Core Viewpoint - The recent surge in the issuance of "hard technology" themed ETFs indicates strong investor interest and potential for growth in sectors like semiconductors and artificial intelligence, driven by policy support and industry trends [1][4]. Fund Issuance - On November 28, the GF Securities' Shanghai Stock Exchange Sci-Tech Innovation Board Chip Design ETF was launched, leading the issuance of six similar funds [2]. - Seven AI-themed ETFs were also launched on the same day, with initial fundraising caps set at 80 billion yuan for some and 50 billion yuan for others [2]. - The Yongying CSI Sci-Tech Innovation Entrepreneurship AI ETF announced an early closure of its fundraising period due to high demand, reaching over 9 billion yuan on its first day [3]. Capital Inflow - An additional 40 new funds are set to be issued next week, with many targeting the technology sector and the Sci-Tech Innovation Board, indicating a significant influx of capital into these areas [4]. - The concentration of "hard technology" products is expected to attract more incremental funds, facilitating precise investments in the semiconductor industry and directing market resources towards "hard technology" sectors [4]. Market Trends - Despite short-term market fluctuations, the long-term growth logic for "hard technology" remains solid, supported by policy and industry trends [1][5]. - Analysts suggest that the current market is at a critical juncture, with fluctuations expected but the core drivers of the current market cycle still intact [5]. - The technology sector is experiencing a "back-and-forth" trend, but macroeconomic factors are becoming more favorable, particularly with rising expectations for overseas interest rate cuts [5][6].