Group 1 - The AI computing sector has seen a strong rally, with Nvidia's supply chain and related concepts leading the market, as evidenced by the 4.4% increase in the 5G communication ETF (515050) [1] - Nvidia's CEO Jensen Huang is set to attend the third China International Supply Chain Promotion Expo, where he will introduce new products and reaffirm Nvidia's long-term commitment to the Chinese market, including a new AI chip tailored for China expected to launch in September [1] - The resumption of H20 supply is anticipated to drive performance improvements in the supply chain, alleviating previous pessimistic expectations and potentially restoring order visibility and shipment cadence for Nvidia's core suppliers [1] Group 2 - The 5G communication ETF (515050) tracks the CSI 5G Communication Theme Index, focusing on Nvidia, Apple, and Huawei's supply chains, covering various sectors including AI computing, 6G, consumer electronics, semiconductors, PCB, communication equipment, servers, optical modules, and IoT [2] - For higher volatility, investors may consider the AI-focused ChiNext ETF (159381), which tracks the ChiNext AI Index and includes leading AI companies listed on the ChiNext board, with a daily price fluctuation limit of ±20% [2] - The index for the ChiNext ETF has over 33% weight in optical modules, including major companies like Zhongji Xuchuang, Xinyisheng, and Tianfu Communication among its constituents [2]

Group 1 - The core viewpoint of the report indicates that the market rotation is in a consolidation phase, with a focus on core assets in the Beijing Stock Exchange (北交所) related to technology and new consumption [10][15]. - The North Exchange 50 Index increased by 0.41%, while the specialized index rose by 0.07%. However, the average daily trading volume decreased by 23% [10][22]. - The report highlights a shift in A-share market hotspots from large-cap bank stocks to mid-cap core assets, with significant gains in sectors such as real estate, steel, building materials, and power equipment [10][11]. Group 2 - The report notes that 178 stocks in the North Exchange rose, while 87 fell, resulting in a rise-to-fall ratio of 2.05. The top gainers included Guoyi Bidding (+70.62%) and Benlang New Materials (+35.14%) [41][42]. - The average PE (TTM) for the North Exchange is reported at 96.79 times, with a median of 52.52 times, indicating a higher valuation compared to other exchanges [27][28]. - The trading volume for the North Exchange was 50.89 billion shares, with a trading value of 107.76 billion yuan, both showing a decrease compared to the previous week [28][22]. Group 3 - The report mentions that there were no new listings on the North Exchange this week, with a total of 268 companies currently listed [33][38]. - The new three-board market saw 6 new listings and 2 delistings, with a total of 6063 companies listed as of July 11, 2025 [52][54]. - The report emphasizes the importance of monitoring key companies such as Jinbo Biology, Norseland, and Kangbit, which are considered core assets in the North Exchange [15].

Group 1 - The A-share market experienced fluctuations on July 2, with a notable decline in the AI computing power industry chain, particularly in optical modules and optical communication stocks such as Tai Chen Guang, Zhong Ji Xu Chuang, Tian Fu Communication, and Dongtu Technology [1] - The 5G Communication ETF (515050), which focuses on the Nvidia and Apple supply chain, fell by 2.37%, while the AI computing-focused ChiNext ETF (159381) dropped by 2.1% [1] - Short-term analysis indicates that the computing power sector has accumulated significant gains in June, leading to a need for profit-taking, while the long-term outlook suggests global expansion in computing power infrastructure [1] Group 2 - The AI computing power and Nvidia supply chain can be accessed through the 5G Communication ETF (515050), which tracks the CSI 5G Communication Theme Index and includes major players in AI computing, 6G, consumer electronics, semiconductors, PCB, communication equipment, servers, optical modules, and IoT [2] - The ChiNext AI ETF (159381) offers higher volatility potential, tracking the ChiNext AI Index and selecting AI-focused companies listed on the ChiNext board, with a daily price fluctuation limit of ±20% [2] - The index for the ChiNext AI ETF has over 30% weight in optical modules, with top five constituents including Xin Yi Sheng, Zhong Ji Xu Chuang, and Tian Fu Communication, while the top ten also feature companies in chip design and cloud computing sectors [2]