科创创业ETF（588360）跟踪的是科创创业50指数（931643），单日涨跌幅达20%，该指数从科创板与 创业板中精选市值大、流动性好的50只新兴产业股票，覆盖半导体、新能源、生物医药等核心领域。指 数样本聚焦硬科技及成熟创新企业，具有较高的行业集中度和龙头效应，能够综合反映中国前沿产业的 技术壁垒与成长性表现。跟踪指数三季度表现超65%，显著超越科创50（49.02%）和创业板50 （59.45%）。 （文章来源：每日经济新闻） 大同证券指出，2026年政策导向将更为精细务实，科技创新表述更为聚焦，明确"建设北京（京津 冀）、上海（长三角）、粤港澳大湾区国际科技创新中心"，并深化拓展"人工智能+"，完善人工智能治 理。科技创新集聚式发展有助于科技成果爆发式增长，但关于人工智能的论述更重治理，预计该领域规 范化指导将增加。同时，会议提出"深入实施提振消费专项行动"，优化"两新"政策实施，扩内需仍是重 点方向，政策将着力激发民间投资活力。在"稳中求进"总基调下，更强调发挥存量与增量政策的集成效 应，注重挖掘经济增长内生动力，推动经济提质增效。 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历 ...

粤开证券指出，资本市场改革的核心任务是重塑市场三大功能，服务国家三大战略。在赋能新质生产力 方面，资本市场需提高对未盈利企业、差异性表决权企业的包容性，优化科创企业精准识别机制， 为"硬科技"企业开辟IPO绿色通道，发挥科创板"试验田"作用，推广创业板改革。同时，要推动更多潜 力强的科创企业进入资本市场，优化上市标准，提高对新业态的包容度，如北交所探索文化消费领域上 市案例。此外，需大力发展区域性股权市场，完善"专精特新"企业转板通道，形成阶梯式融资路径。在 提升国际竞争力方面，需加速制度型开放，优化境外上市支持政策，完善交易机制，争夺全球资产定价 权。 （文章来源：每日经济新闻） 科创创业ETF（588360）跟踪的是科创创业50指数（931643），单日涨跌幅达20%，该指数从科创板和 创业板中筛选市值规模大、流动性优异的50只新兴产业股票作为指数样本，覆盖新能源、生物医药等核 心科技领域。指数采用均衡行业配置策略，重点聚焦信息技术、工业制造及医疗健康等板块，全面反映 我国战略性新兴产业龙头企业的整体市场表现。 ...

【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 每日经济新闻 （责任编辑：董萍萍 ） 源达信息指出，发展新质生产力是当前政策对于国内经济方向的重要指引，流动性宽松背景下，科 创与创新类公司有望获得超额收益。1—10月份，规模以上高技术制造业利润同比增长8.0%，高于全部 规模以上工业平均水平6.1个百分点。智能电子制造发展向好，智能无人飞行器制造、智能车载设备制 造行业利润分别增长116.1%、114.9%；半导体制造效益增长较快，集成电路制造、电子专用材料制 造、半导体分立器件制造行业利润分别增长89.2%、86.0%、17.4%；精密仪器制造高质量发展效果显 现，光学仪器制造、专用仪器仪表制造行业利润分别增长38.2%、14.1%。装备制造业利润较快增长， 其中铁路船舶航空航天、电子行业利润实现两位数增长，增速分别达32.0%、12.8%。 科创创业ETF（588360）跟踪的是科创创业50指数（93 ...

Group 1 - The core viewpoint emphasizes that developing new productive forces is a significant policy direction for the domestic economy, with a focus on technology and innovation companies potentially yielding excess returns under a backdrop of liquidity easing [1] - From January to October, profits in high-tech manufacturing above designated size increased by 8.0% year-on-year, surpassing the average growth of all industrial sectors by 6.1 percentage points [1] - The smart electronics manufacturing sector showed positive growth, with profits in the smart unmanned aerial vehicle manufacturing and smart vehicle-mounted equipment manufacturing industries increasing by 116.1% and 114.9%, respectively [1] Group 2 - The semiconductor manufacturing sector experienced rapid profit growth, with integrated circuit manufacturing, electronic special materials manufacturing, and semiconductor discrete device manufacturing seeing profit increases of 89.2%, 86.0%, and 17.4%, respectively [1] - The precision instrument manufacturing sector demonstrated high-quality development, with profits in optical instrument manufacturing and specialized instruments and meters manufacturing rising by 38.2% and 14.1%, respectively [1] - The Science and Innovation Entrepreneurship ETF (588360) tracks the Science and Innovation Entrepreneurship 50 Index (931643), which had a daily fluctuation of 20%, reflecting the overall performance of emerging industry listed companies in sectors like semiconductors, new energy, and biomedicine [1]

华创证券指出，科创创业50指数在康波周期下的科技博弈有望继续打开估值上限，政策聚焦"脖 子"与未来产业制高点。从产业端看，端侧增长稳健可持续，应用侧需关注ToB端商业化落地；资本开 支视角下半导体、光学元件、PCB、集成电路等细分领域具备配置价值。中期来看，AI能否成为新一轮 康波周期的核心驱动是关键，中国优势在于成熟的制造业体系带来的丰富应用场景，使得在AI落地端 与场景端具备实现弯道超车的可能性。 科创创业ETF（588360）跟踪的是科创创业50指数（931643），单日涨跌幅达20%，该指数从科创 板与创业板中选取市值较大、流动性较好的50只新兴产业股票作为指数样本，覆盖半导体、新能源、生 物医药等高科技领域。指数行业分布均衡，重点聚焦信息技术、工业及医药卫生等前沿产业，旨在反映 中国高科技新兴产业上市公司证券的整体表现。 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不 预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参 考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险 等级相匹配的 ...

Core Viewpoint - The market style is expected to shift from "technology growth" to "dividend style" by Q4 2025, but may return to technology as the main focus in the medium term [1] Group 1: Market Trends - The Sci-Tech Innovation and Entrepreneurship 50 Index has shown signs of stagnation at high levels, yet the relative profit growth between "technology and value" has not reversed, indicating that technology growth remains a long-term focus [1] - The TMT (Technology, Media, and Telecommunications) sector is not overly crowded in trading, suggesting potential for growth [1] Group 2: Investment Opportunities - In 2026, the technology sector is anticipated to exhibit a "high cut low" characteristic, with specific attention on underperforming areas such as AI applications and consumer electronics [1] - The Sci-Tech Innovation and Entrepreneurship ETF (588360) tracks the Sci-Tech Innovation and Entrepreneurship 50 Index (931643), which has a daily fluctuation limit of 20% and includes 50 emerging industry stocks with significant market capitalization and liquidity [1] - The index covers key sectors such as semiconductors, new energy, and biomedicine, aiming to reflect the overall performance of China's frontier industries [1]

Group 1 - The core viewpoint is that the global computing power infrastructure is accelerating, highlighting issues of electricity and storage shortages, particularly affecting major companies like Microsoft and OpenAI [1] - The export value of transformers from China has shown a year-on-year increase, reflecting trends in U.S. electricity prices [1] - The rising prices of storage validate the high demand within the AI industry chain, with significant price increases observed since October, indicating substantial upward potential [1] Group 2 - The AI sector's industry allocation should focus on segments with clear resource gaps in computing power infrastructure, including electricity and storage, as well as related industries like storage, gas turbines, SOFC batteries, solid-state transformers, and energy storage [1] - The A-share market is experiencing continuous profit improvement, with the technology sector contributing significantly to absolute profit growth, particularly in the TMT industry, where electronics, computers, and communications contributed 1.4%, 0.6%, and 0.5% respectively [1] - The Science and Innovation ETF (588360) tracks the Science and Innovation 50 Index (931643), which has a daily fluctuation of 20%, selecting high-growth potential and innovative technology companies from the Sci-Tech Board [1]

Group 1 - The core viewpoint indicates a significant recovery in the performance of the Sci-Tech Innovation Board as of Q3 2025, with overall revenue growth improving by more than 3 percentage points on a comprehensive basis and over 1 percentage point on a median basis, surpassing other listed boards and core broad indices [1] - Although the overall net profit growth rate remains negative, it has narrowed to a single-digit negative, with a comprehensive marginal improvement of over 10 percentage points and a median marginal improvement of over 4 percentage points [1] - The electronic industry shows a prominent growth advantage, with revenue growth rates in sub-sectors like components exceeding 15% on a median basis, and the profit margins in AI hardware-related sectors are recovering, leading to an increase in the volume-price growth differential [1] Group 2 - The Sci-Tech Innovation ETF (588360) tracks the Sci-Tech Innovation 50 Index (931643), which has a daily fluctuation limit of 20%, selecting 50 emerging industry stocks with large market capitalization and good liquidity from the Sci-Tech and Growth Enterprise Boards, covering core areas such as new energy and biomedicine [1] - The index sample focuses on hard technology and mature innovative enterprises, exhibiting high industry concentration and leading effects, effectively reflecting the technological barriers and growth performance of China's frontier industries [1] - The performance of the tracked index in Q3 exceeded 65%, significantly outperforming the Sci-Tech 50 (49.02%) and Growth Enterprise 50 (59.45%) [1]

Group 1 - The core viewpoint emphasizes that technological innovation remains the primary focus for the next five years, with expectations for the technology sector to further develop [1] - The TMT sector's share in A-shares is projected to increase from 30% to 40%, indicating a strengthening narrative around technology [1] - The Sci-Tech Innovation and Entrepreneurship 50 Index is expected to benefit from policy support and industry upgrade trends, reflecting the importance of technological advancement [1] Group 2 - The Sci-Tech Innovation and Entrepreneurship ETF (588360) tracks the Sci-Tech Innovation and Entrepreneurship 50 Index (931643), which has a daily fluctuation limit of 20% [1] - The index selects 50 emerging industry stocks with large market capitalization and good liquidity from the Sci-Tech Board and the Growth Enterprise Market, covering key areas such as new energy and biomedicine [1] - The index's performance in the third quarter exceeded 65%, significantly outperforming the Sci-Tech 50 (49.02%) and the Growth Enterprise 50 (59.45%) [1]

Core Viewpoint - Technological innovation is identified as the primary task direction for the next five years, emphasizing the need to enhance independent innovation capabilities and seize the high ground in technological development [1] Group 1: Policy and Strategic Direction - The adjustment in priorities highlights a further emphasis on the implementation of technological innovation in the real economy [1] - Historical analysis of the past twenty years shows that the formation of five-year plans has supported the mid-term slow bull market in A-shares [1] Group 2: Investment Opportunities - The Science and Technology Innovation and Entrepreneurship ETF (588360) tracks the Science and Technology Innovation and Entrepreneurship 50 Index (931643), which has a daily fluctuation limit of 20% [1] - The index selects 50 emerging industry stocks with large market capitalization and good liquidity from the Sci-Tech Board and the Growth Enterprise Market, covering key areas such as new energy and biomedicine [1] - The index focuses on hard technology and mature innovative enterprises, reflecting high industry concentration and leading effects, which can comprehensively represent the technological barriers and growth performance of China's frontier industries [1] Group 3: Performance Metrics - The index's performance in the third quarter exceeded 65%, significantly outperforming the Sci-Tech 50 (49.02%) and the Growth Enterprise Market 50 (59.45%) [1]