节后归来第一周，HBM、电路板、覆铜板等AI硬件方向表现活跃。指数层面，中证科创创业人工智能指数上涨1.7%，中证 人工智能主题指数上涨1.3%，上证科创板人工智能指数上涨0.7%。相关ETF中，人工智能ETF易方达（159819）本周前三 个交易日合计"吸金"超1亿元。 | | 中证人工智 | 中证科创创业人工 | 上证科创板人工 | | --- | --- | --- | --- | | | 能主题指数 | 智能指数 | 智能指数 | | 本周涨跌幅 | 1.3% | 1.7% | 0. 7% | | 指数滚动 | 5.2倍 | 15.7倍 | 16. 3倍 | | 市销率 | | | | | 滚动市销率 | 97. 7% | 2025年5月14日发布 | 2024年7月25发布 | | 分位 | | | | | 跟踪该指数 | | 人工智能ETF 科创创业人工智能 科创人工智能ETF | | | 的ETF | 易方达 | ETF易方达 | 易方达 | | | (159819) | (159140) | (588730) | 中证科创创业人工智能指数 H 聚焦科创创业人工智能龙头,由科创板和创业板市场中5 ...

2月26日，光通信、电路板、覆铜板等AI硬件方向表现活跃。指数层面，中证科创创业人工智能指数上涨2.1%，中证人工智能主题指数、上证科创板人工智 能指数均上涨1.7%。相关ETF受资金青睐，人工智能ETF易方达（159819）和科创人工智能ETF易方达（588730）近5个交易日分别获6.7亿元和5800万元资 金净流入。 中信证券研报称，预计算力板块2025年业绩将在CSP大厂Capex持续兑现、Token需求不断释放、产品能力不断提升等背景下持续景气增长；AI应用显现结构 性亮点，如AI金融科技、AI医疗、AI数据等领域表现突出，通用Agent应用亦韧性增长；板块整体盈利有望明显改善。展望2026年，算力景气有望持续、AI 应用迎拐点机遇。 跟踪中证科创创业人工智能指数 该指数聚焦科创创业人工 智能龙头,由科创板和创 业板市场中50只市值较大 且业务涉及人工智能基础 资源、技术以及应用支持 的股票组成,电子、通信、 计算机行业占比近90%。 �日 该指数涨跌 2.1% 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 科创人工智能ETF易方达 跟踪上证科创板人工智 ...

Group 1 - The core viewpoint of the news is that AI hardware stocks, including CPO, copper cables, liquid-cooled servers, and PCBs, have collectively strengthened, with significant increases in various AI indices [1] - As of the midday close, the CSI Innovation and Entrepreneurship AI Index rose by 1.4%, the SSE Sci-Tech Innovation Board AI Index increased by 1.0%, and the CSI AI Theme Index went up by 0.9% [1] - The E Fund AI ETF (159819) has seen continuous net inflows of over 600 million yuan in the last five trading days [1] Group 2 - The CSI AI Theme Index tracks the leading companies in the A-share AI industry chain, consisting of 50 stocks with large market capitalizations, primarily in the computer, electronics, and communication sectors, which account for approximately 90% [2] - The rolling price-to-sales ratio of the CSI AI Theme Index is 5.1 times, with an estimated valuation percentile of 96.8% since its inception in 2015 [2] - The E Fund Sci-Tech Innovation AI ETF (159140) focuses on leading companies in the Sci-Tech Innovation and Entrepreneurship sectors, also comprising 50 stocks with significant market capitalizations, with a similar industry composition [2]

2月25日，AI产业链方向低位震荡，光通信、AIGC、AI算力等板块承压。截至收盘，中证人工智能主题指数下跌0.2%，上证科创板人工智能指数、中证科 创创业人工智能指数均下跌0.4%，资金逆势布局，人工智能ETF易方达（159819）全天净申购超1.2亿份。 中信证券研报称，预计算力板块2025年业绩将在CSP大厂Capex持续兑现、Token需求不断释放、产品能力不断提升等背景下持续景气增长；AI应用显现结构 性亮点，如AI金融科技、AI医疗、AI数据等领域表现突出，通用Agent应用亦韧性增长；板块整体盈利有望明显改善。展望2026年，算力景气有望持续、AI 应用迎拐点机遇。 比较坏 下 小 心 ： 该指数聚焦科创创业人工 智能龙头,由科创板和创 业板市场中50只市值较大 且业务涉及人工智能基础 资源、技术以及应用支持 的股票组成,电子、通信、 计算机行业占比近90%。 �日 该指数涨跌 t 该指数涨跌 -0.4% 品电视屏 出版社与 中国 任弗 -0.4% 科创人工智能ETF易方达 跟踪上证科创板人工智能指数 该指数覆盖科创板人工智能 龙头,由科创板市场中30 只市值较大目业务涉及人工 智能基础资源、技 ...

Group 1 - The AI industry chain is experiencing fluctuations, with the integrated circuit and CPO sectors being active, while the cloud computing sector is undergoing a pullback. The CSI Artificial Intelligence Theme Index rose by 0.2%, while the CSI Sci-Tech Innovation and Entrepreneurship AI Index fell by 0.4%, and the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index decreased by 2.8%. The E Fund AI ETF (159819) saw a net subscription of over 700 million units throughout the day [1] - According to a report by CITIC Securities, the pre-computing power sector is expected to see continued growth in performance by 2025, driven by ongoing capital expenditures from major CSPs, the release of token demand, and continuous product capability improvements. Structural highlights are emerging in AI applications, particularly in AI fintech, AI healthcare, and AI data sectors, with general agent applications also showing resilient growth. Overall profitability in the sector is anticipated to improve significantly [1] - Looking ahead to 2026, the computing power sector is expected to maintain its favorable conditions, and AI applications are poised to reach a turning point opportunity [1]

中信证券研报称，预计算力板块2025年业绩将在CSP大厂Capex持续兑现、Token需求不断释放、产品能 力不断提升等背景下持续景气增长；AI应用显现结构性亮点，如AI金融科技、AI医疗、AI数据等领域 表现突出，通用Agent应用亦韧性增长；板块整体盈利有望明显改善。展望2026年，算力景气有望持 续、AI应用迎拐点机遇。 中证人工智能主题指数选取50只业务涉及为人工智能提供基础资源、技术以及应用支持的上市公司证券 作为指数样本，以反映人工智能主题上市公司证券的整体表现；中证科创创业人工智能指数则从科创板 和创业板中选取50只业务涉及人工智能基础资源、人工智能技术以及人工智能应用领域的股票作为指数 样本，反映双创板块中人工智能主题股票的整体表现。 2月13日，PCB、存储芯片概念午后活跃，带动相关指数反弹。截至13:44，中证人工智能主题指数上涨 0.4%，中证科创创业人工智能指数上涨0.3%，人工智能ETF易方达（159819）盘中净申购达6000万份。 （文章来源：每日经济新闻） ...

Group 1 - The E Fund Artificial Intelligence ETF tracks the CSI Artificial Intelligence Theme Index, which covers leading companies in the A-share artificial intelligence industry chain [1] - The index consists of 50 stocks with significant market capitalization, primarily involved in artificial intelligence foundational resources, technology, and applications, with approximately 90% of the composition from the computer, electronics, and communication sectors [1] - Since its inception in 2015, the index has shown a valuation percentile of 96.3% with a rolling price-to-sales ratio of 5.0 times [1] Group 2 - The index experienced a daily increase of 2.8% [2] - The current rolling price-to-sales ratio of the index is 15.0 times as of May 14, 2025 [2]

2月11日，AI产业链方向集体回调。指数层面，上证科创板人工智能指数下跌0.9%，中证人工智能主题指数、中证科创创业人工智能指数均下跌1.9%。资金 逆势加仓，人工智能ETF易方达（159819）全天净申购达1.2亿份。 | 今日 | 该指数 该指数自202 | | --- | --- | | 该指数涨跌 | 滚动市盈率 发布以来估值: | | -1.3% | 56.6倍 92.4% | | 今日 | 该指数 | 该指数自201 | | --- | --- | --- | | 该指数涨跌 | 滚动市盈率 | 发布以来估值 | | -1.4% | 33.7倍 | 53.6% | 每日经济新闻 ...

Group 1 - The core viewpoint emphasizes the importance of dividend assets that provide stable cash flow and defensive resilience in a low interest rate environment, particularly for ordinary investors seeking to navigate market fluctuations [1] Group 2 - Dividend indices are not merely single stock selections but a sophisticated toolbox that caters to diverse investment needs, with various indices in the A-share market focusing on different aspects and complementing each other [2] - The CSI Dividend Index is recognized as the benchmark for A-share dividend investment, selecting companies with stable dividends over the past three years and high dividend yields, comprising 100 quality stocks willing to share profits with shareholders [2] - The CSI Dividend Low Volatility Index combines high dividend characteristics with low volatility, resulting in better performance stability, while the CSI Dividend Value Index focuses on undervalued, fundamentally solid high dividend stocks to enhance valuation safety [2] - Data shows that the annualized volatility of the CSI Dividend Low Volatility Index over the past year is 11.34%, lower than that of the other two indices, and the rolling P/E ratio of the CSI Dividend Value Index is 7.73 times, lower than the other indices [2] Group 3 - The newly launched CSI A500 Dividend Low Volatility Index in 2025 achieves a dual breakthrough by focusing on quality leading companies while expanding industry coverage, significantly increasing weights in sectors like pharmaceuticals, oil and gas, and public utilities compared to previous indices [3] Group 4 - The Hong Kong dividend indices, influenced by market liquidity and dividend tax rules, generally exhibit higher dividend yields, with two core indices complementing A-share indices: the CSI Hong Kong Stock Connect High Dividend Investment Index focuses on high dividend characteristics, while the Hang Seng Hong Kong Stock Connect High Dividend Low Volatility Index combines high dividends with low volatility [6] - In a low interest rate environment, relying solely on deposits may not meet the rigid cash flow needs of daily expenses or support long-term asset appreciation, making dividend indices with stable dividends and solid fundamentals a suitable choice for ordinary investors [6] Group 5 - The "Dividend+" strategy aims to enhance the quality and sustainability of dividends by focusing on companies with stable profitability and ample free cash flow, ensuring that investors can anchor their returns more on long-term value [8] - The National Value 100 Index targets undervalued, high-margin quality stocks, while the National Free Cash Flow Index captures "cash cow" companies with sustainable cash flow generation capabilities [8] Group 6 - E Fund has diversified its dividend product line, offering four differentiated investment solutions tailored to various investor needs [10] - For investors seeking regular cash flow, E Fund offers ETFs with different dividend schedules, allowing for monthly dividends [11] - For those focused on long-term compounding value, the E Fund Dividend ETF, which tracks the CSI Dividend Index and has a scale exceeding 100 billion, provides opportunities for reinvestment of annual dividends [12] - Investors looking to enhance long-term returns can consider high-growth indices while maintaining a solid dividend base, balancing stability and potential returns [13] - For investors pursuing lower volatility and more stable performance on a high dividend basis, E Fund offers specific ETFs, while those seeking stronger valuation safety can consider value-focused ETFs [14]

| 令日 | 该指数 | 该指数 | | --- | --- | --- | | 该指数涨跌 | 滚动市销率 | | | 5.0% | 14.4倍 | 2025年5月 | | | | 发布 | 2月9日，AI产业链方向集体走强，CPO、光通信、AIGC等概念涨幅居前。截至收盘，中证科创创业人工智能指数上涨5.0%，上证科创板人工智能指数上涨 4.6%，中证人工智能主题指数上涨4.0%。据Wind数据统计，人工智能ETF易方达（159819）上周合计净流入达9.5亿元。 华泰证券认为，人工智能行业正处于快速发展阶段，技术创新和应用场景不断拓展。随着政策支持力度的加大以及市场需求的增长，人工智能产业链将迎来 新的发展机遇。特别是中上游的基础技术领域如芯片、算法框架等，将成为未来投资的重点方向，人工智能的长期投资价值显著。 | 令日 | 该指数 | 该指数 | | --- | --- | --- | | 该指数涨跌 | 滚动市销率 | | | 4.6% | 15.1倍 | 2024年7月 | | | | 发布 | 每日经济新闻 ...