每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 9月30日，A股三大指数集体上涨，光模块CPO早盘冲高回落，5G通信ETF（515050）同步下跌， 截至11点15分，触底反弹，跌幅收窄至0.79%，成交额达2.56亿元，持仓股中兆易创新涨超8%，源杰科 技、国博电子、中科创达、卓胜微等股涨幅居前。 5G通信ETF（515050）跟踪中证5G通信主题指数，最新规模超90亿元。深度聚焦英伟达、苹果、 华为产业链。光模块CPO概念股权重占比为38%，PCB电路板概念股权重占比为14%。前十大持仓股为 新易盛、中际旭创、立讯精密、工业富联、中兴通讯、兆易创新、沪电股份、天孚通信、歌尔股份、东 山精密。权重合计62.27%。 国盛证券表示， AI规模化应用促使全球算力需求呈现指数级增长，IDC数据显示，2024年全球AI 服务器市场规模预计达到1251亿美元，并有望在2028 ...

（责任编辑：张晓波 ） 算力投资方兴未艾。继阿里宣布继续推进3800亿规模的AI基础设施建设后，在2025京东全球科技 探索者大会上，京东表示将在未来三年持续投入，带动形成万亿规模的人工智能生态。阿里、京东等科 技巨头在AI领域持续发力，推动算力板块关注度再次提升。 每日经济新闻 9月26日，昨日上涨后今日AI科技板块整体蓄力回调，ChatGPT、AI算力、Kimi、光芯片、光模块 CPO等概念板块跌幅居前，截至10：06，光模块CPO概念股权重占比超51%的创业板人工智能指数跌 1.93%，成分股金信诺、光库科技、神州泰岳、锐捷网络、昆仑万维等跌幅居前，新易盛逆市上涨。 热门ETF中，同类费率最低的创业板人工智能ETF华夏（159381）成交额快速过亿元，实时数据显 示，该ETF盘中获得资金积极申购。资料显示，创业板人工智能指数（970070.CNI），精准布局创业板 人工智能主业公司。光模块CPO权重占比超50%，同时覆盖国产软件+AI应用企业，具备较高弹性。其 中前三大权重股为新易盛（20.3%）、中际旭创（18.8%）、天孚通信（6.5%）。场内综合费率仅 0.20%，位居同类最低。场外联接（A类：0 ...

Group 1 - A-shares experienced a slight adjustment after a significant rise, with the Shanghai Composite Index opening down 0.03% and the ChiNext Index down 0.56% [1] - The 5G Communication ETF (515050) saw a minor decline of 0.05% but had a strong inflow of nearly 460 million yuan in net subscriptions during the previous day [1] - Alibaba announced a collaboration with NVIDIA for Physical AI at the 2025 Cloud Summit, with plans to invest 380 billion yuan in AI infrastructure [1] Group 2 - The 5G Communication ETF (515050) tracks the CSI 5G Communication Theme Index and has a current scale exceeding 9 billion yuan [2] - Key holdings in the ETF include companies like Xin Yiseng, Zhongji Xuchuang, and Lixun Precision, with the top ten holdings accounting for 62.27% of the total weight [2] - The ETF has a significant focus on the supply chains of NVIDIA, Apple, and Huawei, with CPO concept stocks making up 38% and PCB stocks 14% of the weight [2]

Group 1 - The AI industry chain experienced significant activity on September 25, with concepts like DeepSeek, servers, AI applications, and AIGC showing strong performance. The Huaxia AI ETF (159381) surged over 2%, with trading volume exceeding 1 billion yuan [1] - The Ministry of Commerce and seven other departments jointly issued a document to promote digital consumption, proposing 14 tasks to enhance supply, cultivate entities, and optimize support systems [1] - The market regulator is seeking opinions on new standards for food delivery platforms, addressing issues related to platform fees and delivery personnel rights [1] Group 2 - The Huaxia AI ETF (159381) tracks the ChiNext AI Index (970070.CNI), with over 50% weight in optical modules CPO, also covering domestic software and AI application companies, indicating high elasticity. The top three weighted stocks are Xinyi Sheng (20.3%), Zhongji Xuchuang (18.8%), and Tianfu Communication (6.5%) [2] - The fund has a low comprehensive fee rate of only 0.20%, the lowest among similar products [2]

中证网讯 9月24日午后，A股市场震荡走高，早盘回调居前的光模块CPO、PCB等AI算力概念盘中拉 升、跌幅收窄。截至收盘，热门ETF中，5G通信ETF（515050）涨0.28%，持仓股立讯精密、中贝通信 涨超6%，三安光电、电连技术涨超4%，该ETF成交额超8亿元，显示资金交投活跃。 资料显示，5G通信ETF（515050）跟踪的中证5G通信主题指数，深度聚焦英伟达、苹果、华为产业 链，光模块CPO概念股权重占比为38%，PCB电路板概念股权重占比为14%。前十大持仓股为新易盛、 中际旭创、立讯精密、工业富联、中兴通讯、兆易创新、沪电股份、天孚通信、歌尔股份、东山精密， 权重合计62.27%。相关ETF全称为华夏中证5G通信主题ETF（515050），最新规模超90亿元，场外联接 （A类：008086；C类：008087）。 华创证券表示，当前国产算力板块中芯片来源仍为亟待解决的痛点，头部厂商如华为、阿里、寒武纪、 海光等均积极公开自身技术路线及产品规划，同时超节点规划亦有望从系统层面补齐集群算力效率，从 而逐步填补国产算力板块在训练侧的空白，建议关注国产算力板块中通信互联及服务器等相关企业。 （王宇露） ...

Group 1 - The A-share market is experiencing a strong rally in the AI computing power sector, with the ChiNext AI ETF (华夏 159381) rebounding after previously dropping over 2% [1] - Major stocks leading the charge include Capital Online, Zhaolong Interconnect, Zhongji Xuchuang, and Xinyi Sheng [1] - CITIC Securities continues to recommend the computing power infrastructure supply chain, anticipating a rebound in domestic AI computing power demand from September to October, driven by strong North American demand [1] Group 2 - Guosheng Securities highlights that the ongoing investments by overseas AI giants in computing infrastructure and significant capital expenditure increases by cloud service providers confirm the industry's high prosperity and stable fundamentals [1] - The recent short-term adjustments are attributed to emotional fluctuations and previous gains, which provide a good opportunity for positioning in the long-term demand logic driven by AI [1] - The ChiNext AI ETF (华夏 159381) tracks the ChiNext AI Index (970070.CNI), with over 50% weight in optical modules, and the top three weighted stocks are Xinyi Sheng (20.3%), Zhongji Xuchuang (18.8%), and Tianfu Communication (6.5%) [1] Group 3 - The 5G Communication ETF (515050) tracks the CSI 5G Communication Theme Index, with a latest scale exceeding 8 billion [2] - It focuses on the supply chains of Nvidia, Apple, and Huawei, with optical module CPO concept stocks accounting for 38% and PCB circuit board concept stocks for 14% [2] - The full name of the related ETF is Huaxia CSI 5G Communication Theme ETF (515050) [2]

Group 1 - The AI sector is experiencing strong growth, with the 5G Communication ETF (515050) rising over 2% as of September 23, driven by significant investments and strategic partnerships in the industry [1] - Nvidia plans to invest up to $100 billion in OpenAI, which will utilize Nvidia's systems to create and deploy AI data centers with at least 10 GW capacity, using millions of GPUs for training next-generation AI models [1] - OpenAI is collaborating with leading Chinese tech companies, including a strategic partnership with Luxshare Precision to develop a revolutionary AI device aimed at consumers, currently in the prototype stage [1] Group 2 - The Chinese overseas computing power industry is transitioning from "performance realization" to a "expectation amplification" phase, with local companies meeting the demands of global cloud giants for high-speed optical modules and switching equipment [2] - Key players in the optical module sector are reporting significant growth, with New East Wisdom's revenue increasing by 282.64% and net profit by 355.68% in the first half of 2025, while Zhongji Xuchuang's revenue and net profit grew by 36.95% and 76.26%, respectively [2] - Chinese ODM/JDM manufacturers are playing a crucial role in producing high-rate data center switches for top global brands [2] Group 3 - The 5G Communication ETF (515050) tracks the CSI 5G Communication Theme Index, with a total scale exceeding 8 billion yuan, focusing on the supply chains of Nvidia, Apple, and Huawei [3] - The optical module CPO concept stocks account for 38% of the ETF, while PCB circuit board concept stocks make up 14% [3] - The AI ETF (159381) tracks the ChiNext AI Index, with optical module CPO stocks representing over 50% of its weight, featuring New East Wisdom, Zhongji Xuchuang, and Tianfu Communication as the top three holdings [3]

Market Overview - The market showed strong performance with major indices rebounding, with the ChiNext and Shenzhen Composite Index reaching new highs for the year [1] - The total trading volume in the Shanghai and Shenzhen markets was 2.44 trillion, an increase of 459.6 billion compared to the previous trading day [1] - Over 4,200 stocks rose, indicating a broad-based market rally [1] Sector Performance - The computing hardware sector continued to strengthen, with stocks like Industrial Fulian hitting historical highs [2] - The satellite internet concept stocks maintained their momentum, with Dongfang Communication achieving consecutive gains [2] - Semiconductor stocks also saw significant gains, with Haiguang Information hitting the daily limit [2][3] - The demand for computing infrastructure is expected to grow due to the explosion of AI model requirements and the intelligent transformation across various industries [2] Individual Stock Highlights - Industrial Fulian achieved a consecutive gain and has a market capitalization exceeding 1.17 trillion [5] - OpenAI reportedly signed a deal to purchase $300 billion worth of computing power from Oracle over five years, leading to a 36% surge in Oracle's stock price [2] - The semiconductor sector is experiencing an upward demand cycle, driven by AI as a core growth engine [3] Future Market Analysis - The three major indices are showing upward momentum, with the ChiNext and Shenzhen Composite Index reaching new highs [7] - The trading volume has significantly increased, suggesting potential for further upward movement in the market [7] - The sustainability of this upward trend will depend on continued growth in trading volume and whether other sectors can take over leadership if the computing hardware sector experiences a correction [7] Key Market News - The State Council approved a two-year pilot program for market-oriented allocation reforms in ten key urban areas, including Beijing and the Guangdong-Hong Kong-Macau Greater Bay Area [10][11] - In the automotive sector, China's production and sales exceeded 20 million units for the first eight months of the year, with significant growth in new energy vehicle sales [11]

Group 1 - The AI computing sector is experiencing significant growth, with the ChiNext AI Index rising over 7% on September 11, driven by strong performances from stocks like Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication [1] - The Huaxia ChiNext AI ETF (159381) saw an increase of 8%, reaching a price of 1.668 yuan, with a trading volume of 267 million yuan [1] - The 5G Communication ETF (515050) also performed well, rising over 8% [1] Group 2 - The Huaxia ChiNext AI ETF has grown by 354 million yuan in size over the past month, benefiting from the ongoing rise in the computing sector and capital inflows [2] - Oracle's recent financial report, showcasing substantial order amounts, has positively influenced market sentiment, with analysts noting Oracle's strategic positioning in the AI training and inference market [2] - The current phase of artificial intelligence is characterized by a convergence of policy, technology, and demand, with domestic chip and cloud computing leaders gradually validating their performance [2] Group 3 - The 5G Communication ETF (515050) tracks the CSI 5G Communication Theme Index and has a scale exceeding 8 billion yuan, focusing on companies like Nvidia, Apple, and Huawei [3] - The Huaxia ChiNext AI ETF (159381) tracks the ChiNext AI Index, with over 50% weight in optical module CPO stocks, and the top three holdings being Xinyi Sheng (20.3%), Zhongji Xuchuang (18.8%), and Tianfu Communication (6.5%) [3] - The Huaxia ChiNext AI ETF has a low comprehensive fee rate of only 0.20%, making it competitive within its category [3]

Group 1 - The AI computing sector is experiencing significant growth, with stocks like Industrial Fulian and Dongshan Precision seeing substantial gains, indicating strong market interest in AI-related technologies [1] - Oracle's stock surged over 36%, marking its largest single-day percentage increase since 1992, driven by a major cloud services contract with OpenAI worth $300 billion [1] - The Chinese overseas computing industry is transitioning to a phase of "expectation amplification," with local companies meeting the demand for high-speed optical modules and networking equipment from global cloud giants [2] Group 2 - The 5G Communication ETF (515050) has a scale exceeding 8 billion yuan and focuses on companies like Nvidia and Apple, with a significant weight in optical module CPO stocks [3] - The Growth of the AI-focused ETF (159381) is notable, with over 50% weight in optical module CPO stocks, highlighting key players like New Yisheng and Zhongji Xuchuang [3] - The performance of leading optical module companies has been impressive, with New Yisheng reporting a 282.64% year-on-year revenue increase and Zhongji Xuchuang a 36.95% increase [2]