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 "人工智能+"正在行动，天风证券表示，整体上积极看好2025年或成为国内AI基础设施竞赛元年以 及应用开花结果之年。中美AI均进展不断，同时推理端持续推进。建议持续关注AI产业动态及AI应用 的投资机会。 创业板人工智能ETF华夏(159381)：跟踪创业板人工智能指数，精准布局AI产业链龙头，光模块 CPO权重占比超50%，同时覆盖国产软件+AI应用企业，创业板实行20CM涨跌幅限制，高成长高弹性特 征显著，管理费率0.15%，托管费率0.05%，为同类产品场内最低水平，助力投资者低费率布局创AI。 9月30日，A股三大指数继续上涨，科技板块开盘表现强势，聚焦光模块CPO+国产软件+AI应用的 创业板人工智能ETF华夏（159381）盘中涨超2%，持仓股拓尔思、昆仑万维、万兴科技、易点天下、 北京君正、深信服、中科创达 ...

Market Performance - The three major indices collectively rose on September 29, with the Shanghai Composite Index up by 0.9%, the Shenzhen Component Index up by 2.05%, and the ChiNext Index up by 2.74% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 21,781 billion yuan, an increase of 120 billion yuan compared to the previous day [1] - Over 3,500 stocks in the market experienced gains, with sectors such as securities, batteries, non-ferrous metals, and steel leading the gains, while education, pork, coal, and chemical pharmaceuticals saw declines [1] ETF Performance - Major broad-based ETFs saw significant afternoon gains, with the A500 ETF (512050) rising by 1.39% [1] - AI-related ETFs performed well, with the Chip ETF (159995) and AI ETF (515070) both increasing by 1.14% [1] - The 5G Communication ETF (515050) rose by 2.34%, and the ChiNext AI ETF (159381) increased by 1.33%, indicating strong performance in the AI computing hardware supply chain [1] Sector Focus - Recent domestic policies and structural industry trends have garnered attention, with market funds gradually shifting from the computing power sector to other low-valuation growth sectors [1] - The market is expected to maintain a slow bull trend in the medium term, with structural growth sectors becoming key investment opportunities [1] - Key sectors to watch include new energy, humanoid robots, innovative pharmaceuticals, and non-ferrous metals, which are expected to have concentrated catalytic events [1] Earnings Expectations - According to Industrial Securities, industries with upward revisions in profit expectations since September are primarily concentrated in technology, advanced manufacturing, cyclical, consumption, and finance [2] - The third quarter reports will serve as an important window to validate the economic cycle for strong sectors represented by technology and advanced manufacturing [2] - In the technology growth narrative, sectors such as AI, innovative pharmaceuticals, and new energy have seen trading congestion return to reasonable levels, suggesting a potential focus on growth trends [2]

创业板人工智能ETF华夏（159381）：跟踪创业板人工智能指数，精准布局AI产业链龙头，光模块CPO 权重占比超50%，同时覆盖国产软件+AI应用企业，创业板实行20CM涨跌幅限制，高成长高弹性特征 显著，管理费率0.15%，托管费率0.05%，为同类产品场内最低水平，助力投资者低费率布局创AI。 天风证券表示，整体上我们积极看好 25 年或成为国内 AI 基础设施竞赛元年以及应用开花结果之年。 中美 AI 均进展不断，同时推理端持续推进。建议持续关注 AI 产业动态及 AI 应用的投资机会。 9月29日，沪指触底后拉升，三大指数集体上涨，截至10点58分，聚焦光模块CPO+国产软件+AI应用的 创业板人工智能ETF华夏（159381）涨幅1.64%，成交额达1.71亿元，持仓股协创数据、光库科技、新 易盛、东土科技、中际旭创、太辰光等股涨幅居前。 近日，人工智能巨头陆续公布重大进展，英伟达和OpenAI 宣布达成合作，阿里云和英伟达在 Physical AI（物理 AI）领域达成合作，AI产业链基本面强劲。 （文章来源：每日经济新闻） ...

Group 1 - The core viewpoint of the article highlights the performance of the ChiNext AI ETF (159381), which opened down by 0.97% at 1.632 yuan on September 29 [1] - The major holdings of the ChiNext AI ETF include stocks such as Zhongji Xuchuang, which opened down by 0.87%, and Xinyi Sheng, which fell by 1.04% [1] - The fund's performance benchmark is the ChiNext AI Index return, with a return of 64.43% since its inception on March 14, 2025, and a return of 10.42% over the past month [1] Group 2 - The fund is managed by Huaxia Fund Management Co., Ltd., with the fund manager being Dan Kuan [1] - Other notable stock performances include Tianfu Communication down by 2.21%, Softcom Power up by 1.10%, and Beijing Junzheng up by 2.43% [1] - The article provides a snapshot of the ETF's performance and its key holdings, indicating a mixed performance among its top stocks [1]

（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 - The AI industry chain is experiencing a resurgence, with both hardware and software sectors showing strong performance, highlighted by the significant rise in the Huaxia AI ETF, which saw an intraday increase of over 4% and a close to 3% increase by 14:08 [1] - The scale of China's AI industry is projected to exceed 900 billion yuan in 2024, representing a year-on-year growth of 24%, with over 5,300 AI companies expected by September 2025, accounting for 15% of the global total [1] - The AI industry is characterized by a "computing power - model - application" resonance, with accelerated domestic substitution cycles and significant investments from major Chinese tech companies [2] Group 2 - The Huaxia AI ETF tracks the AI index on the ChiNext board, focusing on core AI companies, with over 50% weight in optical modules and coverage of domestic software and AI application firms, indicating high elasticity [2] - The top three weighted stocks in the ETF are Xinyiseng (20.3%), Zhongji Xuchuang (18.8%), and Tianfu Communication (6.5%) [2] - The ETF has a low comprehensive fee rate of only 0.20%, the lowest among its peers, with additional connection classes available [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]

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]

9月23日，A股三大指数全线走低跌超1%，盘面上看，早盘强势的AI算力等科技板块跟随大盘趋势高开 低走，大金融逆市走强。截至14：06，光模块CPO概念股权重占比超51%的创业板人工智能指数跌超 2%，早盘一度涨超3%。持仓股光库科技跌近8%，东土科技、联特科技、协创数据、易点天下等跌幅均 超6%。 热门ETF中，同类费率最低的创业板人工智能ETF华夏（159381）盘中成交额超1.7亿元，同指数规模最 大的5G通信ETF（515050）盘中成交额超9亿元，显示资金交易活跃。 算力方面利好催化密集，当地时间9月22日，AI芯片巨头英伟达与人工智能领军企业OpenAI宣布达成里 程碑式战略合作意向。据介绍，通过此次战略合作，OpenAI将建成并部署至少10吉瓦的AI数据中心， 配备数百万块英伟达GPU，用于构建下一代AI基础设施。为支持包括数据中心和电力容量在内的部署 计划，英伟达将在新系统落地过程中向OpenAI投资至多1000亿美元。 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。光模块CPO概念股权重占比为38%，PCB电路板概念股权重占比 ...

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]