Xin Lang Cai Jing·2026-01-12 11:18Core Viewpoint - The AI application sector is experiencing a significant surge, with many stocks in the ChiNext AI index hitting the 20% daily limit up, indicating strong market enthusiasm and potential for further growth [1][7]. Group 1: Market Performance - The ChiNext AI index has seen a cumulative increase of over 12% since the beginning of the year, outperforming the communication equipment index [10]. - Eight stocks, including BlueFocus, Toprays, and Han's Information, achieved the 20% limit up, with Epoint and Kunlun Wanwei showing particularly strong performance [1][7]. - The ChiNext AI ETF (159363) experienced a price increase of 7.85%, reaching a new high, with a trading volume exceeding 1 billion yuan and a net subscription of 352 million units [1][7]. Group 2: Industry Catalysts - Recent developments in AI, such as the rise of "Generative Engine Optimization" (GEO) and Elon Musk's announcement to open-source the latest content recommendation algorithm, are seen as catalysts for the AI application market [3][9]. - A report from招商证券 highlights the rapid improvement in LLM reasoning and multimodal capabilities, along with reduced training costs, accelerating the commercialization of AI applications [10]. Group 3: Investment Strategy - The current market is transitioning to a new phase where application-driven investments are prioritized, moving from infrastructure to practical applications of AI technology [5][12]. - The ChiNext AI ETF is positioned to benefit directly from the commercialization of AI technology, making it an attractive investment option for capturing growth in this sector [12].