消费电子ETF（159732）跟踪国证消费电子指数，主要投资于业务涉及消费电子产业的50家A股上市公 司，行业主要分布于电子制造、半导体、光学光电子等市场关注度较高的主流板块。其场外联接基金 为，A类：018300；C类：018301。 每日经济新闻 12月1日早盘，A股三大指数集体上涨，上证指数盘中上涨0.3%，贵金属、基本金属、能源设备等板块 涨幅靠前，发电设备、工程机械跌幅居前。消费电子板块探底回升，个股分化。截至9:52，消费电子 ETF（159732）上涨0.1%，其成分股兆易创新上涨4.04%，东山精密上涨2.72%，长电科技上涨2.37%， 蓝思科技上涨1.85%。然而，晶合集成、长盈精密等表现不佳，其涨跌幅分别是-2.8%、-2.56%。 11月25日，工信部等六部门印发了《关于增强消费品供需适配性进一步促进消费的实施方案》。提及聚 焦智能网联新能源汽车、智能家居、消费电子等重点行业，并强化人工智能融合赋能。 银河证券表示，当前整体需求疲弱的消费环境下，拉动消费更多依靠供给创造需求的逻辑，即科技消费 会比传统消费动力更强。也符合政策鼓励方向。消费电子属于科技消费，受政策刺激利好。 ...

Group 1 - The A-share market saw all three major indices rise, with the Shanghai Composite Index increasing by 0.61%, led by gains in the electronics, communications, and power equipment sectors, while the comprehensive and transportation sectors experienced declines [1] - The Consumer Electronics ETF (159732.SZ) rose by 2.02%, with significant increases in component stocks such as Lianxu Electronics (up 5.58%), Zhaoyi Innovation (up 5.37%), and XWANDA (up 5.07%) [1] Group 2 - Google launched its latest AI model, Gemini3 Pro, which features native multimodal capabilities and strong reasoning abilities, achieving an 81% score on the MMMU-Pro benchmark and 87.6% on the Video-MMMU benchmark [3] - Gemini3 achieved a groundbreaking score of 1501 on the LMArena leaderboard and a high score of 91.9% on GPQADiamond, indicating its advanced reasoning capabilities [3] - According to Guosen Securities, the continuous upgrade of AI models and the maturation of AI agents will enhance user experience through improved connectivity of edge hardware with cloud models, suggesting a potential new surge in the AI sector [3]

Group 1 - A-shares experienced a collective decline on November 21, with the Shanghai Composite Index dropping by 1.56% during the session [1] - The agriculture, forestry, animal husbandry, and banking sectors showed positive performance, while non-ferrous metals and comprehensive sectors faced significant declines [1] - The Consumer Electronics ETF (159732.SZ) fell by 2.63%, with mixed performances among its constituent stocks, including notable gains from Transsion Holdings (+4.11%) and Amlogic (+2.86%), while companies like Bawoo Storage and Dongshan Precision saw declines of -8.86% and -5.79% respectively [1] Group 2 - Nvidia has decided to switch memory types for AI servers from DDR5 to LPDDR to reduce power costs, which is expected to significantly boost industry demand [3] - With Nvidia's increased demand for LPDDR in the server sector, memory prices are anticipated to rise, potentially impacting the supply of consumer-grade memory as well [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, investing in 50 A-share listed companies involved in the consumer electronics industry, primarily in electronic manufacturing and optical electronics sectors [3]

Group 1 - The A-share market experienced a collective decline on November 18, with the Shanghai Composite Index dropping by 0.52% during the session. Sectors such as cultural media, office supplies, and the internet showed positive performance, while fine chemicals and fertilizers faced significant declines [1] - The Consumer Electronics ETF (159732) saw a slight increase of 0.19%, with notable gains from its constituent stocks: Jingchen Co. up by 13.09%, Fenghua Hi-Tech up by 7.48%, Shunluo Electronics up by 4.60%, and Dongshan Precision up by 3.83%. Conversely, stocks like Baiwei Storage and Wentai Technology experienced declines of -6.22% and -2.92%, respectively [1] Group 2 - According to IDC data, the global smart glasses market is projected to reach a shipment volume of 4.065 million units in the first half of 2025, representing a year-on-year growth of 64.2%. By 2029, shipments are expected to exceed 40 million units, with a five-year CAGR of 55.6% from 2024 to 2029 [3] - Galaxy Securities indicates that the development of smart glasses will accelerate in the second half of 2025, primarily driven by the application of AR display technology, transitioning smart glasses from simpler audio and photography devices to more advanced AI+AR glasses [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with significant representation in electronic manufacturing and optical optoelectronics sectors [3]

Group 1 - The A-share market experienced a collective decline on November 18, with the Shanghai Composite Index dropping by 0.52% during the session [1] - The cultural media, office supplies, and internet sectors showed positive performance, while fine chemicals and fertilizers experienced significant declines [1] - The consumer electronics sector was active, with the Consumer Electronics ETF (159732) rising by 0.19%, and notable individual stock performances included a 13.09% increase for Jingchen Co., 7.48% for Fenghua Hi-Tech, and 4.60% for Shunluo Electronics [1] Group 2 - According to IDC data, global smart glasses market shipments are expected to reach 4.065 million units in the first half of 2025, representing a year-on-year growth of 64.2% [3] - IDC forecasts that by 2029, global smart glasses shipments will exceed 40 million units, with a five-year CAGR of 55.6% from 2024 to 2029 [3] - Galaxy Securities indicates that the development of smart glasses will accelerate in the second half of 2025, primarily driven by the application of AR display technology, transitioning from simpler audio and photography glasses to more advanced AI+AR glasses [3] - The Consumer Electronics ETF (159732) tracks the National Certificate Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with a focus on electronic manufacturing and optical optoelectronics [3]

Market Overview - On November 17, A-shares indices collectively declined, with the Shanghai Composite Index dropping by 0.49% during the session. The sectors of forestry and aerospace showed gains, while power generation equipment and biotechnology faced significant declines [1]. Consumer Electronics Sector - The Consumer Electronics ETF (159732) saw a slight increase of 0.19% as of 10:29 AM. Notable performers included Baiwei Storage, which rose by 8.12%, Heertai by 3.83%, Dongshan Precision by 3.27%, and Zhaoyi Innovation by 2.53%. Conversely, Hengxuan Technology and Desay SV faced declines of -3.74% and -2.03%, respectively [1]. AI Smart Glasses Market - According to WellsennXR, global AI glasses sales are projected to reach 240,000 units in 2023, increasing to 1.52 million units in 2024, representing a year-on-year growth of 533%. IDC forecasts that by the first half of 2025, global smart glasses shipments will reach 4.065 million units, a 64.2% increase year-on-year. By 2029, shipments are expected to exceed 40 million units, with a 5-year CAGR of 55.6% from 2024 to 2029 [3]. - Galaxy Securities indicates that the entry of major companies into the AI smart glasses market is accelerating industry development. Given the large user base, smart glasses are anticipated to become the next major consumer electronics category, following smartphones [3]. ETF Information - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index and primarily invests in 50 A-share listed companies involved in the consumer electronics industry. The industry is mainly concentrated in electronic manufacturing and optical optoelectronics, which are high-profile sectors [3].

Market Performance - On November 7, the A-share market saw a collective decline in the three major indices, with the Shanghai Composite Index dropping by 0.25% during intraday trading. The basic chemical, oil and petrochemical, and retail trade sectors showed positive performance, while the computer and electronics sectors experienced significant declines [1]. Consumer Electronics Sector - The Consumer Electronics ETF (159732.SZ) fell by 1.33% as of 10:13 AM, with key component stocks such as Anker Innovation down by 3.77%, Jabil Circuit down by 3.69%, and Sanan Optoelectronics down by 3.51%. However, some individual stocks like Rainbow Technology and TCL Technology saw increases of 1.36% and 0.93%, respectively [1]. AI Market Growth - According to a forecast by Frost & Sullivan, the global edge AI market is expected to experience exponential growth from 321.9 billion yuan to 1.22 trillion yuan between 2025 and 2029, with a compound annual growth rate (CAGR) of 40%. This growth is attributed to technological advancements and the expansion of application scenarios, particularly in AI smartphones and wearable devices [3]. Domestic AI Hardware Market - As a core manufacturing base and significant market for global AI hardware innovation, China is anticipated to benefit from the release of more edge AI innovative products by overseas technology leaders, which is expected to positively impact the domestic AI smart terminal industry chain [3]. Consumer Electronics ETF Overview - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index and primarily invests in 50 A-share listed companies involved in the consumer electronics industry. The industry is mainly concentrated in high-profile sectors such as electronic manufacturing, semiconductors, and optical optoelectronics [3].

Group 1 - A-shares indices collectively rose on November 6, with the Shanghai Composite Index increasing by 0.46%, driven by gains in coal, utilities, and steel sectors, while media and social services sectors saw declines [1] - The Consumer Electronics ETF (159732.SZ) rose by 0.45%, with notable increases in component stocks such as Dongshan Precision (+3.75%), Zhaoyi Innovation (+2.56%), Shenghong Technology (+2.14%), and Huankeyuan Electronics (+1.91%), while companies like Wentai Technology and Xunwei Communication experienced declines of -5.57% and -2.19% respectively [1] Group 2 - The electronic industry achieved revenue of 29,416.32 billion yuan in the first three quarters of 2025, marking a year-on-year growth of 19.40%, with net profit attributable to shareholders reaching 1,459.51 billion yuan, up 36.80% [3] - In Q3 2025, the industry reported revenue of 11,147.88 billion yuan, a year-on-year increase of 19.99%, and net profit of 621.89 billion yuan, reflecting a significant growth of 49.28% [3] - According to Industrial Securities, ongoing global technological innovation and the maturation of model capabilities indicate a substantial potential for edge AI, leading to an upcoming hardware innovation wave in consumer electronics, driven by Apple [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with significant focus on electronic manufacturing and optical electronics sectors [3]

Group 1 - The A-share market showed weakness on November 4, with the Shanghai Composite Index down by 0.02%, while sectors such as forestry, banking, and highways performed well, and precious metals and the internet sector faced declines [1] - The Consumer Electronics ETF (159732) decreased by 1.24% as of 10:27 AM, with notable gains from companies like Sanan Optoelectronics (up 2.59%), Wuxi Huadong (up 2.04%), Changdian Technology (up 1.88%), and Pegatron (up 1.46%), while companies like Changying Precision and Baiwei Storage saw declines of -5.63% and -5.32% respectively [1] Group 2 - NVIDIA's CEO Jensen Huang highlighted a global labor shortage and identified robotics as a significant upcoming opportunity in the consumer electronics sector [3] - Galaxy Securities emphasized the rising opportunities for Chinese consumer electronics brands, noting that some domestic brands are rapidly increasing their influence, with comprehensive product layouts and quick updates, indicating potential for market concentration [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with significant focus on electronic manufacturing and optical electronics sectors [3]

Group 1 - The A-share market saw a collective rise in the three major indices, with the Shanghai Composite Index increasing by 0.32%. Key sectors that performed well included semiconductors, electronic components, and aerospace defense, while gas and coal sectors experienced declines [1] - The Consumer Electronics ETF (159732) rose by 3.11%, with significant gains from constituent stocks such as Huida Technology (up 10.00%), Baiwei Storage (up 9.65%), and Jinghe Integration (up 6.46%) [1] Group 2 - Apple plans to launch an AI glasses product by the end of 2026 to compete with Meta's Ray-Ban smart glasses, featuring built-in camera, speakers, and microphone, along with Apple's new self-developed chip [3] - The new glasses will support environmental perception and image recognition, expanding Apple's AI ecosystem [3] - Huaxin Securities anticipates a new cycle of prosperity for the Apple supply chain, driven by the unexpected sales of the iPhone 17 series and upcoming new products in 2026-2027, maintaining a "recommended" rating for the consumer electronics industry [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, investing in 50 A-share listed companies involved in the consumer electronics industry, primarily in electronic manufacturing, semiconductors, and optical electronics [3]