消息面上，国务院发布深入实施"人工智能+"行动意见。意见明确，到2027年，率先实现人工智能与6大 重点领域广泛深度融合，新一代智能终端、智能体等应用普及率超70%，智能经济核心产业规模快速增 长；到2030年，我国人工智能全面赋能高质量发展，新一代智能终端、智能体等应用普及率超90%，智 能经济成为我国经济发展的重要增长极。 "硬科技"相关ETF表现强势。截至2025年8月25日早盘，科创50ETF景顺(588950)一度涨超2%。成份股艾 力斯、萤石网络、晶晨股份涨幅居前。 科创综指ETF景顺(589890)涨超1.5%，成份股南新制药、开普云20CM封板，艾力斯、仕佳光子跟涨。 华金证券认为，随着DeepSeek-V3.1的发布，支持FP8精度，针对即将发布的下一代国产芯片设计，头部 国产模型对国产芯片的支持有望加速国产算力生态进一步完善。看好国产算力芯片的全产业链，从设 计、制造到封测测试以及上游的设备材料，建议关注国产芯片全产业链。 中国银河证券指出，科技成长板块在AI技术革命及新兴产业趋势的推动下，有望保持高景气度。 科创50ETF景顺（588950）紧密跟踪上证科创板50成份指数(000688. ...

截至2025年8月21日 10:05，科创50ETF景顺(588950)现涨0.51%，盘中一度涨超2%。成分股晶晨股份 (688099)上涨6.41%，华熙生物(688363)上涨4.24%，九号公司(689009)上涨4.21%，联影医疗(688271)上 涨3.15%，寒武纪(688256)上涨2.26%。 科创50ETF景顺(588950)紧密跟踪上证科创板50成份指数，由上海证券交易所科创板中市值大、流动性 好的50只证券组成。前三大重仓行业为半导体（60.6%）、医疗器械（6.6%）、软件开发（5.2%），行 业集中度高。单日涨跌幅限制20%，弹性空间十足。Wind数据显示，科创50指数（000688）昨日成功 突破前一高点（2025年2月27日收1126.29），收1148.15，创2024年9月24日以来新高。 市场近日突破"924"行情高点后，开源证券研报称，对于指数的长期突破仍维持乐观判断，不应该在积 极的市场中做"惊弓之鸟"，应"坚守自我，科技为先"。近期，在中枢抬升的过程中，A股市场呈现显著 的"增量市"特征，成交额放大与资金活跃度提升成为核心标志。风格上，看好成长板块，机构认为在市 ...

Core Insights - The ETF market has experienced significant growth, with total market size reaching 3.72 trillion yuan, an increase of 81.57% year-on-year, and the number of ETF holders growing to 20.95 million, a 10.8-fold increase since mid-2019 [2][9] - The report provides a comprehensive analysis of investor behavior, revealing insights into demographics, investment preferences, and strategies, aimed at enhancing the understanding of the ETF ecosystem [1][9] Investor Demographics - Investors aged 30-40 remain the core demographic, accounting for over 30% of the market, while the under-25 age group has seen a remarkable growth rate of 212% [3] - Male investors represent approximately 58% of the ETF market, slightly higher than female investors, although the proportion of female investors in the ETF market exceeds that in the stock market by 1.4 percentage points [3] - Geographically, ETF investors are concentrated in first-tier and new first-tier cities, with Shanghai's ETF customer base accounting for nearly 10% despite only representing 1.7% of the national population [3] Investment Behavior - Approximately 55% of ETF investors have achieved profits of over 2% in the past year, indicating a favorable earning effect, while the proportion of investors facing significant losses is relatively low [2] - The average holding amount for ETF customers has increased from 85,000 yuan in 2020 to 112,000 yuan in 2024, reflecting a rising trend in investment [5] - The report highlights that 44% of customers hold their investments for less than one month, while nearly 27% hold for over a year, with a small fraction maintaining positions for five years or more [5] Investment Preferences - There is a notable preference for high-growth sectors, with the Sci-Tech sector accounting for about 15% of new trading customers, particularly in the Sci-Tech 50 and semiconductor chip sectors [5] - The report indicates that 51.6% of non-investors cite a lack of understanding of ETFs as the primary barrier to entry, while 17.3% express concerns about lower returns compared to stocks [4] Information Sources and Strategies - Nearly 90% of ETF investors pay attention to KOLs (Key Opinion Leaders) across various media, with a preference for those providing regular insights and investment strategies [6] - The report suggests that systematic investment strategies, such as dollar-cost averaging, have shown better performance in terms of average returns and win rates [7][8] - The company emphasizes the importance of diversified asset allocation to mitigate risks and enhance returns, with a focus on various ETF products tailored to different market conditions [8]