2026年1月5日，A股市场情绪向好，科技板块走强，截至14:41，创业板人工智能指数强势上涨3.03%，成分股蓝色光标涨停，易点天下、协创数据、铜牛信 息、北京君正等个股跟涨。热门ETF中，费率最低的创业板人工智能ETF华夏(159381)上涨3.05%，最新价报1.93元，盘中换手15.8%，成交3.09亿元，市场交 投活跃。 资金布局科技赛道热情高涨，拉长时间看，近8个交易日内有6日资金净流入，合计"吸金"1.38亿元。（数据来源：Wind） | 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 300308 | 中际旭创 | 2.36% | 20.87% | | 300502 | 新易盛 | -0.23% | 20.29% | | 300394 | 天孚通信 | 0.30% | 5.36% | | 300857 | 协创数据 | 10.55% | 2.99% | | 301236 | 软通动力 | 1.56% | 2.39% | | 300458 | 全志科技 | 3.40% | 2.28% | | 300454 | 深信服 | 4.44% | ...

历史的车轮滚滚向前，大多时候它只是匀速碾过岁月的尘埃，但总有某些特殊的年份，它会突然加速。 2025年正是加速切换轨道的一年。 这不仅是数字的跃升，更是投资范式的根本性改变——ETF已成为投资者必不可少的工具。 透过ETF的涨跌幅与资金流，能清晰地触摸到2025年市场的温度和资金流向。 翻开2025年的成绩单，一片红火的数字背后是情绪的集中释放。 这一年的起笔显得格外厚重。年初，DeepSeek-R1横空出世，以不足OpenAI十分之一的训练成本震动全球，英伟达单日市值蒸发近6000亿美元，中国AI第 一次以破局者的姿态站到了牌桌中央。 随后，人形机器人走出实验室；中国创新药管线数量登顶全球第一；揽月着陆器完成验证，我们目光已望向更深远的星辰大海... 当实体经济的技术革命与全球资本的流向发生共振，一场资产定价的重估悄然展开。 ETF作为最敏锐的市场温度计，忠实地记录了这一年中国资产从悲观犹豫到气势如虹的逆转。 01 6万亿！迈入新时代 2025年，中国ETF市场正式迈入6万亿时代。 从年初的3.73万亿到如今的6万亿，中国ETF市场规模增长2.27万亿，增幅60.86%。1385只ETF产品如同敏锐的触角， ...

5G通信ETF（515050）跟踪中证5G通信主题指数，最新规模超80亿元。深度聚焦英伟达、苹果、华为 产业链。前五大持仓股：中际旭创、新易盛、立讯精密、工业富联、中兴通讯。相关ETF全称：华夏中 证5G通信主题ETF（515050），场外联接（A类：008086；C类：008087） 创业板人工智能ETF华夏（159381），跟踪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57%，同时覆盖国产软件+AI应用企业，具备较高弹性。其中前 三大权重股为中际旭创（28.1%）、新易盛（19.8%）、天孚通信（4.45%）。场内综合费率仅0.20%， 位居同类最低。场外联接（A类：025505；C类：025506） （文章来源：每日经济新闻） 12月22日早盘，光模块CPO概念板块高开，长芯博创、致尚科技、中际旭创、新易盛等多股走强。截至 9:37，光模块CPO含量超57%且费率同类最低的创业板人工智能ETF华夏（159381）、聚焦通信+电子 算力硬件的5G通信ETF（515050）涨近3%。资金加仓热情高涨，近20日，创业板人工智能ETF华夏 （159381 ...

12月19日，A股科技板块反弹修复，截至13:06，光模块CPO概念股权重超57%的创业板人工智能指数(970070)强势上涨1.07%，成分股新易盛(300502)上涨 3.80%，中科创达(300496)上涨3.26%，星宸科技(301536)上涨3.22%，首都在线(300846)，航宇微(300053)等个股跟涨。热门ETF中，同类费率最低的创业板 人工智能ETF华夏(159381)上涨1.00%，最新价报1.82元。拉长时间看，截至2025年12月18日，创业板人工智能ETF华夏近2周累计上涨6.58%，涨幅排名可比 基金1/7。（以上所列股票仅为指数成份股，无特定推荐之意） 创业板人工智能ETF华夏(159381)，场外联接(华夏创业板人工智能ETF发起式联接A：025505；华夏创业板人工智能ETF发起式联接C：025506)。 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 字节2025 火山引擎FORCE原动力大会召开，会上公司发布新的基座模型，创新模型服务的定价模式、推出"AI节省计划"，同时升级AI云原生全栈服务。中 金公司表示，此前，火山引擎已首创按输入长度区间 ...

相关ETF： 12月17日，A股午后大幅异动拉升，AI算力板块强势冲高。截止收盘，聚焦通信+电子算力硬件的5G通 信ETF（515050）大涨4.83%；光模块CPO含量超57%且同类费率最低的创业板人工智能ETF华夏 （159381）涨4.70%；云计算50ETF（516630）上涨2.72%。盘面上看，联特科技、光迅科技、深南电 路、中瓷电子、环旭电子等多股实现涨停。 消息面上，社保基金最新持仓出炉。截至今年三季度末，社保基金重仓科技股（TMT四大板块：申万 电子、通信、计算机和传媒）期末市值超过469亿元，创出历史同期新高，彰显出社保基金对科技股的 日益青睐。 基本面看，AI算力业绩持续爆发，需求与技术进步共振向上。中泰证券表示，海外云大厂CAPEX持续 高增，北美以微软、谷歌、Meta、AMZON为主的云大厂持续加大资本开支投入，且英伟达预计到2030 年末，全球AI投资将达到3万亿至4万亿美元，CAGR大约为40%。且谷歌以其模型-算力-入口-应用形成 商业闭环，良好示范效应将使能云大厂模型持续竞速。展望2026年，我们认为谷歌TPU与英伟达GPU将 同台竞技，Scaleup有望打开高速网络连接空间 ...

Core Viewpoint - The A-share market is under pressure, particularly in the technology sector, with the AI-focused index experiencing a decline, while the AI ETF has seen significant inflows and growth in net value over recent months [1][2]. Group 1: Market Performance - As of December 16, 2025, the A-share market is adjusting, with the AI index down by 2.03% [1]. - The Huaxia AI ETF has decreased by 1.95% but has seen a cumulative increase of 5.65% over the past two weeks [1]. - The Huaxia AI ETF reached a new high in scale at 1.5 billion CNY, with a net inflow of 326 million CNY over the past week [1]. Group 2: Fund Inflows - The Huaxia AI ETF has experienced continuous net inflows over the past five days, with a peak single-day inflow of 12 million CNY [1]. - The ETF's net value has increased by 95.85% over the past six months, outperforming the benchmark with an annualized return of 2.65% over the last three months [1]. Group 3: Industry Growth Potential - The global AI industry is projected to grow rapidly, with a compound annual growth rate of 42% from 2022 to 2032, reaching a market size of 1.3 trillion USD by 2032 [1]. - Major global tech companies are investing heavily in AI infrastructure to maintain competitiveness, with significant cluster developments announced by firms like Meta, Microsoft, and OpenAI [1].

Group 1 - The core viewpoint emphasizes that Huaxia Fund aims to enhance investor experience and market opportunities through a comprehensive multi-asset platform, focusing on index investment strategies [1] - Huaxia Fund has developed a dual-driven ecosystem of "asset management + wealth management," supported by products, talent, and technology, catering to 250 million investors [1] - The company is actively participating in the 7th ETF live competition organized by CITIC Securities, which started registration on December 1, 2025, and will run until January 31, 2026, with the competition commencing on December 8 [1] Group 2 - Huaxia Fund offers key ETF products such as the ChiNext AI ETF (159381), which focuses on AI companies in the ChiNext market, with over 57% weight in optical module CPOs [1] - The Chip ETF (159995) includes 30 leading stocks from the A-share chip industry chain, emphasizing quality stocks with higher liquidity [1] - The AI ETF (515070) aggregates the entire AI industry chain, including AI computing chips, domestic software systems, and leading AI application stocks [2] - The Sci-Tech AI ETF (589010) focuses on investment opportunities in the AI industry chain, with over 50% semiconductor content, highlighting its hard technology attributes [2]

Group 1 - The core viewpoint of the news highlights the strong performance of AI-related stocks and ETFs in the A-share market, driven by favorable policy changes regarding AI chip exports to China [1] - NVIDIA's stock rose nearly 3% in after-hours trading following the announcement that the Trump administration will allow companies like NVIDIA, AMD, and Intel to sell AI chips to China, marking a significant shift in export policy [1] - NVIDIA is actively investing in AI infrastructure globally, including a £2 billion investment in the UK and collaborations with major companies in Germany and South Korea to enhance AI capabilities [1] Group 2 - The optical communication industry is entering a new growth cycle, driven by multiple favorable factors, with a transition from 800G to 1.6T technology [2] - The third quarter's performance was subdued, which is considered a normal part of the upgrade process, while the fourth quarter is expected to see a recovery in industry sentiment confirmed by leading companies [2] - Leading companies with strong technology, stable customer relationships, and scalable delivery capabilities are expected to benefit significantly from the high demand for computing power during this upgrade period [2] Group 3 - For selecting AI computing ETFs, the创业板人工智能ETF华夏 (159381) has a high content of optical modules and the lowest fee rate among similar products at 0.20% [3] - The 5G communication ETF (515050) focuses on computing hardware and has a scale exceeding 7 billion, deeply engaging with the supply chains of NVIDIA, Apple, and Huawei [3] - The 云计算50ETF (516630) targets domestic computing software and hardware, covering various popular computing concepts and also has the lowest fee rate for tracking its index [3]

Group 1 - The core viewpoint of the news highlights a strong surge in the optical module and chip sectors, with significant increases in the 5G communication theme index and related stocks [1] - Marvell, a prominent semiconductor company, announced a $3.25 billion acquisition of Celestial AI to enhance its position in the CPO market, aiming to accelerate its AI and cloud data center interconnect strategy [1] - The 5G communication ETF has shown a notable increase of 4.49%, marking its third consecutive rise, with a reported price of 2.19 yuan [1] Group 2 - The demand for optical modules is outpacing supply, with Lumentum's chip shipments showing strong performance and a complete sell-out of capacity for the next six quarters [2] - Coherent's 800G/1.6T optical modules are ramping up production, with plans to double internal capacity within a year, while AXT's InP substrate revenue has reached a recent high [2] - The cloud computing ETF tracks an index that includes optical modules, data centers, and AI servers, offering the lowest fee rate among similar ETFs [3]

Group 1 - A-shares experienced a significant decline with a trading volume of 280 billion, while the CPO sector saw a brief surge in early trading [1] - The AI ETF from Huaxia on the ChiNext index rose over 2% before turning negative, with a net subscription of 28 million units as of the report [1] - The Free Cash Flow ETF expanded its gains to 0.59%, attracting a net inflow of 140 million units during the session, marking 18 consecutive days of inflows totaling 2.027 billion [1] Group 2 - Recent developments in AI, including Alibaba's increased focus on AI applications and ByteDance's launch of the Doubao mobile assistant, are driving demand for computational power [1] - The stock price of Credo surged after exceeding earnings expectations, prompting Morgan Stanley to significantly raise its production forecast for Google's TPU [1] - The market is shifting styles as year-end approaches, with increased attention on dividend strategies [1]