近日，A股市场在创下阶段性新高后进入高位震荡，尽管市场近期呈现涨跌互现格局，但成交依然活 跃。硬科技赛道作为行情的核心引擎：人工智能、芯片、大模型算力等板块掀起连番热潮，在资本市场 中展现出强劲的上涨势头。 当科技板块火热的浪潮奔涌而来，公募基金管理人如何在纷繁复杂的投资机遇中精准把握时代脉搏，于 百舸争流中脱颖而出？答案藏在扎实的"内功"修炼之中。 博时基金依托强大的投研平台和量化团队，穿透市场波动把握资产本质规律；凭借前瞻性的战略眼光， 率先布局科创AI ETF、科创100指数ETF、科创芯片ETF博时等一系列旗舰产品，打造出了受投资者青 睐的硬科技投资产品矩阵，覆盖科创全产业链。 截至2024年底，博时基金持仓科技公司总市值较2019年增长近50%，科技方向权益类公募产品数量达56 只，较2019年增长218%，占公司全部权益产品比重超过50%。 以科创100指数ETF（588030）为例，该基金近年来展现出良好的业绩表现和投资优势。基金二季报显 示，近1年单位净值累计增长39.42%，业绩比较基准收益率为38.97%，展现出较强的跟踪能力和一定的 超额收益能力。（近一年指2024年6月30日至2025 ...

截至2025年10月16日 11:14，中证半导体产业指数强势上涨1.05%，成分股中巨芯上涨9.28%，金海通上涨8.03%，华海诚科上涨4.54%，寒武纪，雅克科技等 个股跟涨。半导体产业ETF(159582)上涨0.98%，最新价报2.16元。拉长时间看，截至2025年10月15日，半导体产业ETF本月以来累计上涨0.33%。 流动性方面，半导体产业ETF盘中换手6.78%，成交2808.56万元。拉长时间看，截至10月15日，半导体产业ETF近1周日均成交9090.96万元。 1）湾芯展展示"中国芯"全链突破，国产替代加速推进 在2025湾区半导体产业生态博览会上，国产半导体产业在EDA、封装、Chiplet、晶圆制造等环节均有突破。新凯来子公司发布带宽达90GHz的超高速实时示 波器，性能全球第二，标志高端测试设备实现跨越。展会呈现出设计—制造—设备—材料的全链生态，中国半导体"补短板"进程持续提速。 截至2025年10月16日 11:14，上证科创板芯片指数强势上涨1.09%，成分股佰维存储上涨13.35%，中巨芯上涨9.28%，杰华特上涨6.45%，联芸科技，晶合集 成等个股跟涨。科创芯片ETF ...

Group 1 - Chip concept stocks weakened in early trading, with companies like SMIC, Haiguang Information, Hengxuan Technology, and Chipone falling over 6% [1] - The related ETFs for innovative chips dropped more than 4% due to market influences [1] Group 2 - Various innovative chip ETFs experienced significant declines, with the Guotai ETF down 4.84% to 1.612, and other ETFs like 588200 and 588290 also showing declines of 4.80% and 4.76% respectively [2] - Analysts noted that as AI models evolve, the commercial models for AI applications are becoming clearer, with the release of Sora 2.0 introducing social attributes that broaden OpenAI's monetization channels [2] - OpenAI has secured orders for storage and GPU components from Samsung, SK Hynix, and AMD, indicating a strengthened certainty in the demand for AI infrastructure, which is expected to benefit the related computing power industry chain in the future [2]

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index up 0.07%, Shenzhen Component Index up 0.17%, and ChiNext Index down 0.09% as of midday [1] - The total trading volume in the three major markets reached 13,556 billion yuan, a decrease of 1,552 billion yuan compared to the previous day [1] - Over 3,400 stocks in the market experienced declines [1] Sector Performance - The computing power concept stocks surged, with notable gains in companies like Haiguang Information up over 11% and several others hitting the 10% limit up [1] - The semiconductor sector saw strong performance, with stocks like Lixun Precision and Industrial Fulian reaching new highs [1] News and Developments - Major domestic tech companies such as Alibaba and Baidu are entering the chip development space, while Huawei announced a timeline for its Ascend chip iteration [1] - Semiconductor companies like SMIC and Huahong Semiconductor expressed optimistic outlooks for future orders, with reports indicating an increase in orders for Chipone Technology [1] - The domestic GPU leader, Moore Threads, is set to have its IPO on the Sci-Tech Innovation Board this week [1] - OpenAI has reportedly engaged with Lixun Precision and GoerTek for the production of smart devices [1] ETF Performance - The Sci-Tech Chip ETF (博时 588990) saw a rapid increase, rising over 5% with a trading volume of nearly 150 million yuan and a turnover rate exceeding 20% [2] - The Sci-Tech AI ETF (588790) experienced fluctuations, with an intraday increase of over 4% and a trading volume exceeding 700 million yuan [2] - The Semiconductor Industry ETF (159582) also rose nearly 3.5%, with a trading volume close to 50 million yuan [2] Investment Insights - Institutions emphasize that computing power and AI are key themes, with a focus on the sentiment boost from Moore Threads' IPO process [3] - The domestic chip penetration rate has been steadily increasing under strong policy support, making ETFs like the Sci-Tech AI ETF a viable option for investors looking to cover the entire AI hardware to application chain [3] - The Semiconductor Industry ETF closely tracks the semiconductor industry index, covering essential segments such as materials and equipment [3]

Group 1 - The core viewpoint is that chip-related stocks have strengthened, with notable increases in companies such as Chip Origin Co., Ltd. rising over 19%, Hengxuan Technology up over 7%, and Haiguang Information and Lanke Technology both increasing over 3% [1] - The impact on the market has led to a rise of approximately 3% in related ETFs focused on innovative chips [1] Group 2 - Various chip-related ETFs have shown positive performance, with the following notable changes: - The Science and Technology Chip 50 ETF increased by 3.12% to a price of 1.554 [2] - The Science and Technology Chip ETF rose by 3.06% to a price of 2.325 [2] - The Science and Technology Chip ETF from Fortune increased by 2.83% to a price of 1.633 [2] - The Science and Technology Chip ETF from Southern rose by 3.08% to a price of 2.614 [2] - The Science and Technology Chip ETF from Guotai increased by 3.05% to a price of 1.487 [2] - The Science and Technology Chip ETF from Bosera rose by 3.08% to a price of 2.411 [2] - The Science and Technology Chip ETF Index increased by 3.03% to a price of 1.494 [2] - The Science and Technology Chip ETF Fund rose by 2.94% to a price of 2.273 [2] Group 3 - The global semiconductor market is expected to continue expanding, with the World Semiconductor Trade Statistics (WSTS) projecting a market size of $700.874 billion by 2025, representing a growth rate of 11.2%, primarily driven by logic and memory chips [2] - The acceleration of AI applications at the edge is leading to the adoption of NPU due to its low power consumption, making it an ideal choice for edge devices [2] - The industry is experiencing a wave of mergers and acquisitions across various sectors, including materials, equipment, EDA, and packaging, as companies pursue horizontal mergers to expand scale and vertical mergers to enhance the supply chain [2]

Group 1 - The core viewpoint is that the semiconductor sector, particularly in the context of the Science and Technology Innovation Board, is experiencing a positive trend with significant gains in various chip-related stocks and ETFs [1][2] - Notable stock performances include Haiguang Information rising over 6%, Huahai Qingke increasing over 4%, and several others like SMIC and Cambrian rising over 2% [1] - Multiple related ETFs also saw increases, with the Kexin Chip ETF Index rising by 2.56% to a price of 1.440 [2] Group 2 - The global semiconductor market is projected to continue expanding, with the World Semiconductor Trade Statistics (WSTS) forecasting a market size of $700.874 billion by 2025, reflecting an 11.2% growth rate [2] - The growth is primarily driven by logic chips and memory chips, with AI applications accelerating the adoption of NPU due to its low power consumption, making it ideal for edge devices [2] - There is a rising trend of mergers and acquisitions in the industry, covering materials, equipment, EDA, and packaging sectors, as companies pursue horizontal and vertical integration to enhance scale and complete their supply chains [2]

截至2025年9月12日 11:19，上证科创板芯片指数强势上涨1.68%，成分股芯原股份上涨20.00%，盛科通信上涨9.27%，东芯股份上涨9.06%，天岳先进，华峰 测控等个股跟涨。科创芯片ETF博时(588990)一度涨超3.5%，现涨1.75%。 冲击3连涨。最新价报2.26元。拉长时间看，截至2025年9月11日，科创芯片ETF博 时近1周累计上涨9.45%。 流动性方面，科创芯片ETF博时盘中换手18.92%，成交1.36亿元，市场交投活跃。拉长时间看，截至9月11日，科创芯片ETF博时近1月日均成交1.31亿元。 截至2025年9月12日 11:19，中证半导体产业指数强势上涨1.03%，成分股天岳先进上涨5.44%，华峰测控上涨5.23%，长川科技上涨4.13%，江丰电子，神工 股份等个股跟涨。半导体产业ETF(159582)上涨1.03%， 冲击3连涨。最新价报1.86元。拉长时间看，截至2025年9月11日，半导体产业ETF近1周累计上涨 8.44%，涨幅排名可比基金1/2。 流动性方面，半导体产业ETF盘中换手11.15%，成交2372.17万元，市场交投活跃。拉长时间看，截至9月11 ...

Core Viewpoint - The article highlights the significant rise of the Shanghai Composite Index, surpassing 3800 points, marking a historical high since August 2015, which injects strong confidence into the market [1] Group 1: Technology Sector Dynamics - The hard technology sector, including artificial intelligence, chips, and large model computing power, has become the core engine of the current market rally, with notable companies like Cambricon Technologies reaching a market value of over 580 billion yuan [2] - The current phase is characterized by a shift from "early layout" to "explosive realization," indicating a significant improvement in industry maturity and a transition from a "catch-up" phase to a "leading" phase in China's technology industry [2] - The core drivers for the technology sector's growth by 2025 are identified as "policy precision, technological independence, and visible profitability," suggesting a stronger and more differentiated market compared to previous cycles [2] Group 2: Fund Management Strategies - Fund managers are focusing on solid internal capabilities to navigate the complex investment opportunities in the booming technology sector, with BoShi Fund leveraging its strong research platform and quantitative team to capture market trends [3] - BoShi Fund has proactively launched a series of flagship products, including AI ETFs and technology indices, to create a comprehensive investment product matrix covering the entire technology industry chain [3][4] Group 3: Investment Performance and Growth - Since the establishment of the Science and Technology Innovation Board in 2019, it has nurtured 586 hard technology companies, raising 925.7 billion yuan, with a total market value of 74,217.35 billion yuan [4] - BoShi Fund's technology-related equity products have seen a significant increase, with the number of products growing by 218% since 2019, now accounting for over 50% of the company's total equity products [7] - The performance of BoShi's technology-focused funds has been strong, with the Science and Technology Chip ETF showing a net value growth of 62.19% since its inception, outperforming its benchmark [11] Group 4: AI Integration in Investment Research - BoShi Fund has initiated an "AI + Investment Research" strategy to enhance research efficiency and decision-making accuracy, establishing an AI laboratory to integrate AI technology into various aspects of investment management [12][13] - The investment research team has adopted a tiered research mechanism to track rapid changes in the technology sector, ensuring comprehensive coverage of key technology stocks [12] - The introduction of AI in investment decision-making has improved information aggregation and risk management, enhancing the overall operational compliance of the fund [13][14]

Group 1: ETF Performance - The BoShi Sci-Tech Chip ETF (588990) has increased by over 15% [1] - The top-performing ETFs include the New Energy Vehicle Battery ETF with a 10.00% increase and several gold-related ETFs with increases ranging from 8.15% to 9.22% [1] - The gold stock ETFs have shown significant gains, indicating a strong interest in gold investments [1] Group 2: Market Trends and Predictions - The Federal Reserve's monetary policy direction is a key factor driving gold prices up, with expectations of a 25 basis point rate cut in September [2] - Eastern Securities suggests that the recent signals from the Federal Reserve may act as a new catalyst for gold prices, potentially leading to a resurgence of funds into the gold sector [2] Group 3: ETF Declines - The top declining ETFs include the Nasdaq Technology ETF with a decrease of 2.64% and several automotive and financial real estate ETFs showing declines between 1.47% and 1.81% [4] - Multiple foreign financial institutions maintain a positive outlook on the Chinese market, with Goldman Sachs and Standard Chartered Bank expressing bullish sentiments [4] Group 4: Trading Activity - The Korea-China Semiconductor ETF (513310) has the highest turnover rate at 330%, indicating strong trading activity [5] - The Short-term Bond ETF (511360) leads in trading volume with a total of 361 billion yuan [5] Group 5: Upcoming ETF Launches - Three new ETFs are set to launch, including the Hong Kong Stock Connect Central Enterprise Dividend ETF and the Hong Kong Innovative Drug ETF, targeting different investment strategies [6] - The Central Enterprise Dividend ETF is recommended for conservative investors seeking stable cash flow, while the Innovative Drug ETF is aimed at those willing to take on higher volatility for potential high returns [6]

Group 1: ETF Market Overview - The three major indices in the market rose collectively, with the Shanghai Composite Index increasing by 0.37%, the Shenzhen Component Index by 0.99%, and the ChiNext Index by 2.23% [1][3] - Several ETFs in the power equipment sector saw significant gains, including the New Energy Vehicle Battery ETF (159775.SZ) which rose by 7.95%, the Battery 30 ETF (159757.SZ) by 6.20%, and the Battery Leader ETF (159767.SZ) by 6.14% [1][12] - The solid-state battery industry is advancing, with dry electrode technology being highlighted as a new direction for battery production, creating new market opportunities for related companies [1] Group 2: Fund Transformation Trends - There has been a notable trend of off-market funds transforming into ETF-linked funds, with seven funds transitioning since August, including index and QDII funds [2] - The transformation aims to expand the scale of related ETFs and attract more off-market capital into on-market investments, as the ETF industry surpasses 5 trillion yuan in scale [2] Group 3: Sector Performance - The comprehensive, power equipment, and non-ferrous metals sectors ranked highest in daily performance, with daily increases of 3.86%, 3.12%, and 2.44% respectively [6] - Over the past five trading days, the communication, non-ferrous metals, and electronics sectors showed strong performance, with increases of 12.38%, 7.16%, and 6.28% respectively [6] Group 4: ETF Performance by Category - Cross-border ETFs performed the best today with an average increase of 0.71%, while money market ETFs had the worst performance with an average change of 0.00% [9] - The top-performing ETFs today included the New Energy Vehicle Battery ETF (159775.SZ), Battery 30 ETF (159757.SZ), and Battery Leader ETF (159767.SZ), with returns of 7.95%, 6.20%, and 6.14% respectively [12] Group 5: ETF Trading Volume - The top three ETFs by trading volume were the Sci-Tech 50 ETF (588000.SH) with 7.494 billion yuan, the ChiNext ETF (159915.SZ) with 7.050 billion yuan, and the A500 ETF Fund (512050.SH) with 6.237 billion yuan [17]