同时，广西壮族自治区工业和信息化厅近日印发《广西培育先进制造业集群行动方案》。其中提出，推 动智能化数字化升级。深入实施"人工智能+制造"行动，深化人工智能、数字孪生、云计算、大数据等 数字技术的集中应用，发展智能机器人、具身智能、智能家居等智能产品，在集群内重点领域打造一批 应用场景和工业高质量数据集。 机器人ETF（159770）紧密跟踪中证机器人指数，行业配置包括制造业与信息传输、软件和信息技术服 务业等，重仓股含汇川技术（300124）、科大讯飞（002230）、石头科技等。该ETF还配备了2只场外 联接基金（A类：014880；C类：014881）。 科创综指ETF天弘（589860）紧密跟踪科创综指，该指数于定位于科创板市场综合指数，对科创板的市 值覆盖度约为97%，成分股覆盖小市值硬科技企业，具有极强的表征性和突出的成长属性。前十大权重 股包括寒武纪-U、海光信息、中芯国际等科技龙头。 据科技日报，美国宾夕法尼亚大学和密歇根大学的科研团队，成功研制出全球最小的全自主编程机器 人。这款"迷你机器人"尺寸仅为200×300×50微米，比一粒盐还小。 12月17日，三大指数集体反弹，沪深两市成交额较上 ...

12月8日，市场高开高走，时隔20个交易日两市成交额再度突破2万亿元。 机器人ETF（159770）跟踪的中证机器人指数(H30590.CSI)上涨1.05%，该指数成分股中，截至收盘， 海目星上涨超9%，景业智能、燕麦科技、大族激光等股涨幅居前。 此外，据智通财经，中共重庆市委关于制定重庆市国民经济和社会发展第十五个五年规划的建议发布， 其中提到，建立未来产业投入增长和风险分担机制，培育具身智能机器人、生物制造、量子计算制造、 空天信息、前沿新材料等新的经济增长点。推进新技术新产品新场景大规模应用示范行动，加速迭 代"前沿技术研发—应用场景测试—规模化量产"机制，促进新兴产业规模化发展。 机器人ETF（159770）紧密跟踪中证机器人指数，行业配置包括制造业与信息传输、软件和信息技术服 务业等，重仓股含汇川技术、科大讯飞、石头科技等。该ETF还配备了2只场外联接基金（A类： 014880；C类：014881）。 科创综指ETF天弘（589860）紧密跟踪科创综指，该指数于定位于科创板市场综合指数，对科创板的市 值覆盖度约为97%，成分股覆盖小市值硬科技企业，具有极强的表征性和突出的成长属性。前十大权重 股包 ...

12月8日，A股指数高开高走，科技股走强，芯片板块表现活跃。截至发稿，科创综指涨超0.6%，成分 股中，瑞可达、利元亨、长盈通等股涨超10%；中证芯片产业指数涨超0.8%，成分股中，复旦微电、佰 维存储、江波龙等股涨幅居前。 据央视新闻，12月7日上午，哈尔滨工程大学集成电路学院揭牌成立，将聚焦"海洋芯片"自主研发，这 也是全国高校第一所船海核领域集成电路学院。 华西证券认为，AI芯片国产化进程是长期必然趋势，在当前时点，是国产芯片发展最佳时机。持续看 好包括先进制程制造、芯片架构升级对整体国产算力水平的拉动，有望推动国产算力份额持续提升。 芯片ETF天弘（159310，场外C类012553）跟踪中证芯片产业指数。在政策支持与需求爆发双轮驱动 下，板块业绩持续高增，Wind金融终端显示，该标的指数2025年H1归母净利润同比增长37.62%。 科创综指ETF天弘（589860）紧密跟踪科创综指，该指数于定位于科创板市场综合指数，成分股覆盖小 市值硬科技企业，具有极强的表征性和突出的成长属性。前十大权重股包括寒武纪-U、海光信息、中 芯国际等科技龙头。 消息面上，据北京日报，12月5日，本市首例"戒酒芯片"植入 ...

Group 1 - The market showed signs of recovery on November 24, with all three major indices closing in the green [1] - The Robot ETF (159770) recorded a trading volume of 258 million yuan, with leading stocks such as Hongying Intelligent, Dongjie Intelligent, and Ruishun Technology showing significant gains [1] - The Robot ETF has seen continuous net inflows for 27 trading days, accumulating over 1.9 billion yuan [1] Group 2 - The Tianhong Sci-Tech Innovation Index ETF (589860) had a trading volume of nearly 24 million yuan, with leading stocks including Jinchengzi, Guangyun Technology, and Pinggao Co., Ltd. [1] - The Robot ETF closely tracks the CSI Robot Index, with major holdings in companies like Huichuan Technology, iFlytek, and Stone Technology [1] - The Tianhong Sci-Tech Innovation Index ETF tracks the Sci-Tech Innovation Board Index, covering approximately 97% of the market capitalization of the Sci-Tech Innovation Board [1] Group 3 - Longying Precision reported on November 19 that new orders for overseas humanoid robots are accelerating in the fourth quarter, and the company is actively expanding production [2] - CITIC Securities noted that the robot sector has been in a continuous pullback since the fourth quarter, with some quality stocks entering a buy zone [2] - Guosen Securities remains optimistic about the long-term investment opportunities in humanoid robots, suggesting a focus on value and positioning for certainty [2]

Core Viewpoint - The market experienced fluctuations with the ChiNext Index dropping over 1% and the CSI Computer Theme Index declining by 1.32% [1] Group 1: ETF Performance - The Computer ETF (159998) recorded a trading volume of 70.92 million yuan yesterday, leading among its peers, and saw a net subscription of 3.6 million shares [2] - As of November 19, the Computer ETF has experienced net inflows for two consecutive days, with a total of four out of the last five trading days showing net inflows, accumulating over 54 million yuan [2] - The Tianhong Sci-Tech Innovation Index ETF (589860) had a trading volume exceeding 18 million yuan yesterday, with a closing premium rate of 0.15% [3] Group 2: Fund Flows and Index Performance - The Tianhong Sci-Tech Innovation Index ETF (589860) also saw net inflows on November 19 [4] - The Computer ETF (159998) tracks the CSI Computer Theme Index, which encompasses both software and hardware sectors, reflecting the overall performance of the computer industry. Key AI application areas include hardware for edge AI, software for consumer markets, enterprise services, and private deployment of large models [4] - The Sci-Tech Innovation Index has shown a cumulative increase of 27% since the second half of the year, as of November 20 [4] Group 3: AI Developments - Google launched its latest AI model, Gemini 3, on November 18, which will be integrated into various Google products and is designed to enhance learning and planning capabilities [5] - The capabilities of Gemini 3 have exceeded expectations, indicating that advancements in model intelligence are ongoing and have not yet reached a ceiling [5] - The evolution of foundational models, such as GPT 5.1, Qwen 3, Kimi 2, and now Gemini 3, is expected to increase application penetration while reshaping the value chain and impacting application layer companies [5]

Market Performance - The market experienced fluctuations yesterday, with the ChiNext Index falling over 1% and the CSI Computer Theme Index closing down 1.32% [1] ETF Activity - The Computer ETF (159998) had a trading volume of 70.92 million yuan yesterday, leading among similar funds, and saw a net subscription of 3.6 million shares [2] - The Computer ETF has recorded net inflows for two consecutive days, with a total of 54 million yuan accumulated over four out of the last five trading days [2] - The Tianhong Sci-Tech Innovation Index ETF (589860) had a trading volume exceeding 18 million yuan, with a closing premium rate of 0.15% [2] Industry Insights - The Computer ETF tracks the CSI Computer Theme Index, which encompasses both software and hardware sectors, reflecting the overall performance of the computer industry [2] - Key areas of certainty in AI development include hardware for edge AI, software for consumer markets, enterprise services for B-end clients, and private deployment of large models for government clients [2] Sci-Tech Innovation Index - The Tianhong Sci-Tech Innovation Index ETF closely follows the Sci-Tech Innovation Index, which represents small-cap hard tech companies with strong growth attributes [3] - The top ten weighted stocks in this index include leading tech firms such as Cambricon, Haiguang Information, and SMIC [3] - The Sci-Tech Innovation Index has seen a cumulative increase of 27% since the second half of the year, as of November 20 [3] AI Developments - Google has launched its latest AI model, Gemini 3, which is now available for preview and will be integrated into various Google products [3] - Gemini 3 is designed to assist in learning, building, and planning, showcasing a shift in AI capabilities from merely answering questions to completing tasks [3] - Alibaba's AI application, Quark, has also introduced a dialogue assistant feature, utilizing the latest closed-source model, marking a significant advancement in AI search and dialogue integration [3] Model Advancements - According to Zhongtai Securities, the capabilities of Gemini 3 have exceeded expectations, indicating that the progress in model intelligence has not yet reached its ceiling [4] - Breakthroughs in foundational model capabilities, such as GPT 5.1, Qwen 3, Kimi 2, and now Gemini 3, are enhancing application scenario penetration while reshaping the value chain [4]

A股三大指数早盘集体高开，科技赛道表现亮眼，天岳先进涨超5%，闻泰科技涨超4%，芯原股份涨超 2%。 受盘面影响，芯片ETF天弘（159310）、科创综指ETF天弘（589860）标的指数高开逾1%。 消息面上，全球"AI总龙头"英伟达披露的最新财报显示，2026财年第三财季实现营收570.1亿美元，同 比大幅增长62%，高于分析师预期的551.9亿美元。同时，英伟达给出的第四财季业绩指引也超出市场 预期，大幅缓解了市场对"AI泡沫"的担忧情绪。 有券商表示，人工智能作为新一轮科技革命的核心驱动力，其最大的价值不在于提升效率，而在于创造 新的可能性，推动各行各业向智能化跃迁。大模型技术正深刻重塑全球产业格局，其发展有望为金融业 带来规模达数万亿元的增量商业价值，实现从效率提升到价值创造的范式重构。同时，大模型的迭代发 展需直面技术瓶颈、高投入成本以及与监管框架的平衡等挑战。 资料显示，芯片ETF天弘（159310）跟踪中证芯片产业指数，该指数选取业务涉及芯片设计、制造、封 装与测试等领域，以及为芯片提供半导体材料、晶圆生产设备、封装测试设备等物料或设备的上市公司 证券作为指数样本，以反映芯片产业上市公司证券的 ...

此外，科创综指昨日（11月19日）收跌1.13%，紧密跟踪该指数的科创综指ETF天弘（589860）全天成 交额超2300万元，换手率7.55%，全天交投活跃，收盘时溢折率0.14%。成分股中，腾景科技、英方软 件等股涨幅靠前。 11月19日，市场窄幅震荡，沪指、创业板指均收红。热门赛道中，机器人概念继续回调。中证机器人指 数收跌0.93%，成分股中，宏英智能、东杰智能、华东数控、伟创电气等股涨幅靠前。 ETF方面，紧密跟踪中证机器人指数的机器人ETF（159770）昨日（11月19日）全天成交额3.21亿元， 居深市同标的产品首位。截至11月18日收盘，该ETF最新规模为98.11亿元，为深市同标的第一。 Wind数据显示，该ETF昨日（11月19日）获净申购3450万份。资金流向方面，Wind数据显示，截至11 月18日，该ETF已连续24个交易日获资金净流入，累计"吸金"超17.5亿元。 此外，据中国新闻网，宇树科技CEO王兴兴近日在2025人工智能+大会主论坛上表示，下一个十年，AI 技术将赋予机器人真正"理解世界"的能力。如果说过去十年是机器人行业的萌芽与探索，下一个十年将 是生长与绽放。 中信建投 ...

11月17日，A股继续弱势震荡，中证机器人指数逆市收涨0.3%。跟踪该指数的ETF中，机器人ETF （159770）昨日平收，全天获净申购1500万份。 值得一提的是，机器人ETF（159770）自10月16日以来持续获资金净流入，截至11月14日的22个交易日 里累计已"吸金"超17.4亿元。 与此同时，该ETF的份额也不断增长，截至11月14日流通份额为98.04亿份，创上市以来新高。 此外，科创综指ETF天弘（589860）交投依旧保持活跃，11月17日换手率超10%，近一周日均换手率达 9.27%。 机器人ETF（159770，场外C类014881）紧密跟踪中证机器人指数，从机器人产业链的维度看，标的指 数覆盖了硬件和软件的核心领域：核心零部件、算法控制模块、电机电池模块。 科创综指ETF天弘（589860）紧密跟踪科创综指，该指数于定位于科创板市场综合指数，成分股覆盖小 市值硬科技企业，具有极强的表征性和突出的成长属性。前十大权重股包括寒武纪-U、海光信息、中 芯国际等科技龙头。 消息面上，宇树科技完成IPO辅导。11月15日，中国证监会官网显示，宇树科技IPO上市辅导工作完 成。公告显示，宇树科技 ...

Group 1 - The A-share market experienced fluctuations on November 14, with the Shanghai Composite Index falling by 0.97% to below 4000 points, and the Sci-Tech Innovation Board Index declining by 1.84% [1] - The electronic ETF (159997) recorded a trading volume exceeding 28 million yuan, with over 8 million yuan attracted in the past four days, indicating strong investor interest [1] - The electronic ETF tracks the CSI Electronic Index, which includes companies involved in semiconductor production, computer storage, and electronic retail, making it the only ETF in the market to do so [1] Group 2 - China has completed the first phase of 6G technology testing, with over 300 key technology reserves formed, and is now entering the international standard research phase, with commercial deployment expected around 2030 [2] - By 2025, China is projected to hold 60% of global AI patents and 40.3% of 6G patent applications, maintaining its position as the largest online retail market for 12 consecutive years [2] - The communication industry is expected to experience growth driven by technological iterations and policy benefits, with a focus on AI, quantum communication, and infrastructure development [2] Group 3 - The AI industry revolution is compared to the industrial revolution, with a long-term optimistic outlook on the demand for computing power and applications in sectors such as optical modules, switches, and AI at the edge [3] - The traditional communication industry faces challenges due to reduced capital expenditure from telecom operators, but the development of 6G key technologies and increased investment in AI by operators present new opportunities [3]