Group 1 - The core viewpoint of the article emphasizes that the artificial intelligence (AI) industry index has high returns but also high risks, with a cumulative return of 45.0% since 2015 and an annualized return of 3.8%, outperforming major broad-based indices [1][2][7] - The AI industry index has a higher volatility compared to broad-based indices, with an annualized volatility of 38.8% [2][3] - The introduction of DeepSeek is expected to shift companies in the AI industry from speculative trading to performance-driven phases, potentially enhancing the growth of technology stocks [1][4][17] Group 2 - The AI industry index has three main advantages: 1. Purity: It selects stocks based on the proportion of AI revenue, ensuring that companies with a higher focus on AI have greater weight in the index [8] 2. Growth: The index adjusts market capitalization based on growth indicators, focusing on companies with actual performance and better marginal prosperity trends [9] 3. Comprehensiveness: The index spans various sectors, balancing weights between computing (55%) and application (45%) to capture opportunities in both areas [10][11] Group 3 - Recent changes in China's monetary policy and fiscal measures are expected to enhance the attractiveness of Chinese assets in the global market, with a potential reversal of the trend of capital outflows [14][16] - The launch of DeepSeek is anticipated to support the AI industry, leading to a widening performance gap between growth and value stocks, similar to past technological shifts [17][18] Group 4 - The Huafu CSI Artificial Intelligence Industry ETF (code: 515980) is the first ETF tracking the AI industry index, allowing investors to easily access the entire AI industry chain in A-shares [20][21] - The ETF aims to maintain a low tracking error relative to the index, with a target daily tracking deviation of no more than 0.20% [22]