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 匹配的产品。基金有风险，投资需谨慎。 中航证券指出，科技创新依旧是未来五年的首要任务方向，从"全面增强自主创新能力，抢占科技发展 制高点"的要求来看，科技板块有望进一步发酵。中期看，科技叙事有望持续强化，TMT板块在A股中 的占比或从30%提升至40%。科创创业50指数作为科技创新的重要宽基指数，有望受益于政策支持和产 业升级趋势。 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%）。 每日经济新 ...

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%）。 中航证券指出，科技创新是未来五年的首要任务方向，从"全面增强自主创新能力，抢占科技发展制高 点"的要求来看，科技依旧是未来五年的首要任务方向，同时顺序的调整或进一步强调科技创新向实体 经济落地。复盘近二十年的四次五年规划看，五年规划的成形为A股中期慢牛走势形成助力。 （文章来源：每日经济新闻） ...

每日经济新闻 （责任编辑：张晓波 ） 【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 兴业证券指出，《公报》明确现代化产业体系的骨干为先进制造业，需要以科技创新催生新质生产 力来支撑，新增强调"原始创新""关键核心技术攻关"，对教育科技人才一体化发展提出更高诉求。产业 方面提出制造强国、质量强国、航天强国、交通强国、网络强国等8个强国建设，其中航天、交通为新 增提及，并强调保持制造业合理比重，构建以先进制造业为骨干的现代化产业体系。 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 ...

Core Viewpoint - The Sci-Tech Innovation and Entrepreneurship ETF (588360) has risen over 3% in early trading on October 21, indicating a positive market sentiment towards the technology growth sector, particularly in hard technology fields such as overseas computing power and chip manufacturing [1] Group 1: Market Performance - The Sci-Tech Innovation and Entrepreneurship ETF (588360) tracks the Sci-Tech Innovation 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 Entrepreneurship Board, covering key areas such as semiconductors, 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 Entrepreneurship Board 50 (59.45%) [1] Group 2: Industry Insights - Dongwu Securities highlights a "Davis Double Play" in the technology growth sector, where performance and valuation are both improving, particularly in hard technology areas [1] - There is an expectation that the narrative of technological prosperity will transmit from upstream hardware to downstream application scenarios [1] - The trend of corporate earnings recovery is established, with the credit cycle turning approximately 9 months ahead of the earnings cycle, supported by a weak dollar narrative [1] - The technology sector remains backed by a narrative logic and is recommended for focus on areas such as AI empowerment and the internationalization of innovative pharmaceuticals [1]

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 匹配的产品。基金有风险，投资需谨慎。 每日经济新闻 中银国际指出，在中性情形下，A股市场虽短期承压，但整体风险可控，市场重心有望回归国内基本 面。政策层面或将继续加快"自主可控+内循环"体系建设，核心方向聚焦关键技术攻关、产业链补短板 与能源安全体系强化。科技自主、国产替代和新质生产力建设有望成为政策主线，高端制造、半导体设 备、新材料与新能源产业链等板块有望持续受益。同时，消费、医药、数字经济等内需驱动型板块在经 济修复与政策托底中或将展现韧性。整体来看，A股市场在该情形下的特征是"稳中有进、防御中寻成 长"，投资主线建议重点关注"自主可控+内循环"方向。 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 ...

中泰证券指出，近期国内外科技突破频出，如Deepseek V3.2-Exp提升长文本效率、OpenAI推出Sora2视 频模型，创新势能强劲。四季度科技主线虽受美国关税扰动，但整体风险可控，预计呈现"高位震荡— 中游切换—下游扩散"轮动格局，人工智能、机器人等"新质生产力"仍是核心方向。科技轮动或沿"主题 —基础设施—应用"路径演化，AI主线可能从算力基建向应用端延伸。 科创创业ETF（588360）跟踪的是科创创业50指数（931643），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。 （文章来源：每日经济新闻） ...

Group 1 - The core viewpoint is that the Science and Technology Innovation 50 Index has shown strong performance recently, with a significant emphasis on growth style, aligning with the judgment of a "barbell excess - middle asset rebound" style shift [1] - The current market is in a liquidity-driven phase, with technology growth assets performing prominently [1] - The index includes sectors such as innovative pharmaceuticals and AI, which have long-term industrial catalysts [1] Group 2 - The Science and Technology Innovation 50 Index selects 50 emerging industry stocks with large market capitalization and excellent liquidity from the Science and Technology Board and the Growth Enterprise Market, covering cutting-edge technology fields like new energy and biomedicine [1] - The index focuses on high technical barriers, intensive R&D investment, and long-term growth potential, reflecting the innovative-driven characteristics of strategic emerging industries [1] - Investors without stock accounts can consider the Guotai CSI Science and Technology Innovation 50 ETF linked funds [1]

Group 1 - The core viewpoint is that during the main rising phase of the A-share market, the technology growth sector, particularly represented by the Sci-Tech Innovation and Entrepreneurship 50 Index, is expected to perform strongly due to liquidity easing and increased market risk appetite [1] - Historical analysis indicates that in the main rising phase driven by ample funds, the fundamental considerations diminish, leading to significant outperformance of story-driven consumer electronics-related growth sectors compared to the broader market [1] - The current acceleration of household deposits entering the market is boosting the main rising phase, with the strategic emerging industries within the Sci-Tech Innovation and Entrepreneurship 50 Index likely to continue their strong performance [1] Group 2 - The Sci-Tech Innovation and Entrepreneurship ETF (588360) tracks the Sci-Tech Innovation and Entrepreneurship 50 Index (931643), which selects 50 emerging industry stocks with large market capitalization and good liquidity from the Sci-Tech Board and the Growth Enterprise Market, covering core technology fields such as semiconductors and new energy [1] - The index employs a balanced industry allocation strategy, focusing on key sectors such as information technology, industrials, and healthcare, aiming to reflect the growth potential and market performance of China's innovative technology enterprises [1] - Investors without stock accounts can consider the Guotai Zhongzheng Sci-Tech Innovation and Entrepreneurship 50 ETF Initiated Link C (013307) and Link A (013306) [1]

Core Viewpoint - The high prosperity index continues to outperform the Shanghai Composite Index, indicating a relative advantage for high-prosperity investments, similar to the bullish market environment of 2019-2020 [1] Group 1: Investment Trends - Small-cap growth (5.07%), growth (5.04%), and Guozheng growth (3.75%) lead the style index, reflecting a preference for growth sectors among investors [1] - The technology sectors, particularly telecommunications (7.66%) and electronics (7.02%), show outstanding performance, indicating a sustained structural market trend [1] Group 2: ETF and Index Performance - The Science and Technology Innovation ETF (588360) tracks the Science and Technology Innovation 50 Index (931643), with a daily fluctuation limit of 20% [1] - The index selects 50 stocks with larger market capitalization and better liquidity from the Sci-Tech Innovation Board, covering hard technology fields such as semiconductors, medical devices, and software development [1] - The constituent stocks of the index exhibit high R&D investment characteristics and a high industry concentration, particularly with a significant weight in the semiconductor sector, reflecting the overall performance of quality listed companies in the hard technology field on the Sci-Tech Innovation Board [1]

Group 1 - The core viewpoint is that financial services for entities will focus on technological innovation and expanding consumption, with increasing credit support and improved financing channels for tech innovation companies [1] - In terms of expanding consumption, policies will focus on three main points: implementing service consumption and elderly re-loans, broadening financing channels for consumption entities, and enhancing policy coordination on the demand side to boost consumer capacity and willingness [1] - The Sci-Tech Innovation and Entrepreneurship ETF (588360) tracks the Sci-Tech Innovation and Entrepreneurship 50 Index (931643), which can have a daily fluctuation of up to 20%, reflecting the performance of 50 large-cap emerging industry companies [1] Group 2 - The index components are primarily concentrated in high-tech sectors such as pharmaceuticals, electrical equipment, electronics, and computers, showcasing high growth potential and significant technological attributes [1] - Investors without stock accounts can consider the Guotai CSI Sci-Tech Innovation and Entrepreneurship 50 ETF Initiated Link C (013307) and Link A (013306) [1]