Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2026-01-20 03:09Group 1 - The core viewpoint of the articles highlights the ongoing adjustments in the AI sector, with a notable decline in AI-related ETFs and stocks, while also indicating a significant increase in funding for AI investments over the past five days [1][2] - The AI industry is at a pivotal point of capability leap and accelerated commercialization, with leading firms in the US and China dominating the global large model landscape, and a clear trend of differentiation emerging in model architecture and optimization [2] - The demand for computing power is undergoing profound changes due to the comprehensive upgrade of inference paradigms, with high-value scenarios like continuous inference and multi-modal generation becoming core sources of future growth [2] Group 2 - The Huaxia ChiNext AI ETF (159381) is designed to support investments in AI-focused companies on the ChiNext board, with half of its weight in AI hardware computing power and the other half in AI software applications, showcasing high elasticity and representativeness [3] - The Huaxia Cloud Computing ETF (516630) tracks an index focused on domestic AI software and hardware computing power, with a combined weight of 83.7% in computer software, cloud services, and computing devices, indicating a strong alignment with AI applications [3] - The Huaxia Communication ETF (515050) focuses on the 5G communication theme index, emphasizing electronic and communication computing hardware, with major holdings in companies like Zhongji Xuchuang and Liyuan Precision [3]