每日经济新闻 有券商表示，最新公布的"十五五"规划明确要加快人工智能等数智技术创新，强化算力、算法、数据等高效供给，全面实施"人 工智能+"行动，全方位赋能千行百业。当下AI大模型的用户渗透率仍较低，大模型发展仍处于中初期阶段，产业化周期才开 始，持续看好包括国内外算力产业链在内的AI算力板块。 AI概念股走高，芯原股份涨超9%，寒武纪-U涨超4%，金山办公涨超3%。 受盘面影响，科创人工智能相关ETF涨约3%。 | 代码 | 名称 | 现价 | | 涨跌 涨跌幅 | | --- | --- | --- | --- | --- | | 289560 | 科创人工智能ETF汇添富 | 1.047 | 0.034 | 3.36% | | 588790 | 科创AIETF | 0.870 | 0.027 | 3.20% | | 589010 | 科创人工智能ETF华夏 | 1.535 | 0.047 | 3.16% | | 588730 | 科创人工智能ETF易方达 | 1.601 | 0.048 | 3.09% | | 588760 | 科创人工智能ETF广发 | 0.823 | 0.025 | 3.13% | ...

与此同时，该基金最新成交量为4.63亿份，最新成交额突破3.60亿元，居可比基金第一。 科创AIETF（588790.SH），场外联接(A类：023520；C类：023521；E类：023989）。 2025年12月29日，科创AIETF（588790.SH）收涨0.78%，主力资金（单笔成交额100万元以上）净流入 2375.22万元，居可比基金前2。（数据来源：Wind） ...

截至午盘，上证指数跌0.46%，深证成指跌0.18%，创业板指涨0.3%，北证50跌0.09%。全市场成交 额1.16万亿元，较上日成交额放量195亿元。 板块题材上，风电设备、商业航天板块活跃，次新股、超 导、核聚变、特高压、风电、CRO概念股走强；两岸融合、首发经济、免税店、AI应用、房地产板块 调整。 ETF方面，卫星互联网板块再度领涨，卫星ETF易方达、富国基金卫星ETF和卫星ETF广发涨 1.2%。风电板块表现活跃，申万菱信基金新能源龙头ETF和华夏基金新能源ETF基金分别涨0.89%和 0.88%。 房地产板块回调，房地产ETF基金、房地产ETF分别跌2.7%和2.6%。AI应用板块回调，科创AIETF 和科创人工智能ETF华宝均跌1.5%。 （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 ...

业内分析称，阿里正试图将外贸采购这件事，变成下一个巨型的AI入口。 国盛证券表示，OpenAI近期发布GPT-5.1系列模型，包含面向日常对话的Instant版本和专注复杂推理的 Thinking版本，核心升级在于语气更具同理心、指令遵循能力增强，并支持个性化人设设置，互动体验 显著优化。百度同步推出文心5.0大模型，采用统一自回归架构实现语言、图像、视频、音频的全模态 输入与多模态输出，参数规模超2.4万亿，已在文本理解榜单取得全球第二成绩，实测中对音视频细节 解析能力突出，办公与创作场景实用性强。大模型正从性能竞赛转向商业化落地与用户体验深化。 展望后市AI投资机会，中金公司建议关注"景气成长"主线，认为AI技术领域经历3年高速发展，明年有 望逐步进入产业应用兑现阶段，算力、光模块、云计算基础设施层面仍有机会，但可能更偏国产方向。 规模方面，科创AIETF近2周规模增长3429.61万元，实现显著增长。 份额方面，科创AIETF近1周份额增长6300.00万份，实现显著增长。 截至2025年11月18日 10:36，上证科创板人工智能指数强势上涨1.04%，成分股晶晨股份上涨5.71%，寒 武纪上涨2.5 ...

Core Insights - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index has seen a strong increase of 1.04%, with notable gains from stocks such as Fudan Microelectronics (up 3.43%) and Lanke Technology (up 3.24%) [1] - OpenAI has announced the launch of its flagship GPT-5.1 model, aimed at enhancing the intelligence and user experience of ChatGPT, with the rollout starting this week [1] - Quark has scheduled the launch of its AI glasses for November 27, with pre-sales ranking first in various categories during the Double 11 shopping festival [1] Industry Analysis - The Quark AI glasses S1 integrate Alibaba's Qwen closed-source model and offer deep integration with core applications like Alipay and Taobao, covering high-frequency use cases such as payment and navigation [2] - Domestic AI models like MiniMax M2 and DeepSeek show stronger adaptability in the A-share market compared to international models like GPT-5, indicating that investment strategies should be tailored to specific market conditions [2] - The global sales of AI smart glasses surged by 370% year-on-year in Q3 2025, signaling a high-growth phase for the industry, with key components like optical displays and storage benefiting directly [2] Fund Performance - The Sci-Tech AI ETF has experienced a significant scale increase of 32.45 billion yuan over the past six months [3] - The ETF's share count grew by 4.32 million shares in the past week, with a total net inflow of 331 million yuan over four days, averaging 82.87 million yuan daily [4] - The underlying index of the ETF consists of 30 major companies in the AI sector, with the top ten stocks accounting for 70.92% of the index [4]

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index decreased by 0.36% as of November 11, 2025, with mixed performance among constituent stocks [3] - Weisheng Information led the gains with an increase of 5.08%, while Han's Robotics experienced the largest decline at 2.34% [3] - The Sci-Tech AI ETF (588790) fell by 0.26%, with a latest price of 0.77 yuan, but has seen a cumulative increase of 22.54% over the past three months [3] Group 2 - The liquidity of the Sci-Tech AI ETF showed a turnover rate of 1.43% with a transaction volume of 86.8981 million yuan, and the average daily transaction volume over the past year was 398 million yuan, ranking first among comparable funds [3] - Recently, Paitena Robotics announced the completion of several million yuan in Series A financing, led by Huachuang Capital, with funds primarily allocated for product development and overseas market promotion [3] Group 3 - Meta announced plans to invest $600 billion in the U.S. by 2028 for building AI data centers and talent recruitment, joining the AI investment trend among tech giants [4] - The company has already added 15 GW of energy to the U.S. grid through direct investments, indicating a strong commitment to infrastructure development [4] - The report from CITIC Securities highlights the low penetration rate of AI large models, suggesting significant potential for future investments in AI computing power [4] Group 4 - The Sci-Tech AI ETF saw a significant increase in scale, growing by 29.9499 million yuan over the past week, ranking third among comparable funds [4] - The ETF also experienced a notable increase in shares, with a growth of 17.7 million shares, ranking second among comparable funds [4] Group 5 - The latest net inflow for the Sci-Tech AI ETF was 46.2719 million yuan, with a total of 223 million yuan net inflow over the past five trading days, averaging 44.5306 million yuan per day [5] - The index tracks 30 large-cap stocks in the AI sector, reflecting the overall performance of representative AI companies listed on the Sci-Tech Board [5] - As of October 31, 2025, the top ten weighted stocks in the index accounted for 70.92% of the total index weight, indicating a concentration in a few key players [5]

Core Insights - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index has decreased by 1.86% as of November 7, 2025, with notable declines in stocks such as Fudan Microelectronics and Chipone Technology [3] - Microsoft is pursuing a more advanced form of AI called "superintelligence," aiming for breakthroughs in fields like medicine and materials science, led by Mustafa Suleyman [3] - The AI programming platform Cursor has upgraded to version 2.0, introducing a self-developed model called Composer, which significantly enhances coding efficiency and speed [4] Market Performance - The Sci-Tech AI ETF (588790) has seen a decline of 1.88%, with the latest price at 0.78 yuan, but has accumulated a 22.73% increase over the past three months [3] - The Sci-Tech AI ETF has experienced a significant growth in scale, increasing by 32.46 billion yuan over the past six months, ranking it among the top 10 comparable funds [4] - The ETF's recent weekly share growth was 14.4 million shares, placing it second among comparable funds [5] Fund Flow and Composition - The latest net outflow for the Sci-Tech AI ETF was 23.71 million yuan, but it has seen net inflows on four out of the last five trading days, totaling 140 million yuan [5] - The index tracks 30 large-cap stocks that provide foundational resources and technology for the AI sector, with the top ten stocks accounting for 70.92% of the index [5]

Group 1: Market Performance - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index decreased by 1.85% as of November 5, 2025 [3] - Among the constituent stocks, Stone Technology led with a gain of 2.03%, while Foxit Software fell by 6.96% [3] - The Sci-Tech AI ETF (588790) dropped by 2.03%, with the latest price at 0.77 yuan, but has seen a cumulative increase of 23.16% over the past three months [3] Group 2: Fund Performance - The Sci-Tech AI ETF recorded a turnover rate of 1.58% with a transaction volume of 93.6 million yuan, and its average daily trading volume over the past month was 429 million yuan, ranking first among comparable funds [3] - The fund's total size reached 6.036 billion yuan, placing it in the top 10% of comparable funds [4] Group 3: AI Model Competition - Alibaba's Qwen3-Max won the Alpha Arena investment competition with a return exceeding 20%, outperforming DeepSeek, which ranked second [4] - All four U.S. AI models in the competition reported losses, with OpenAI's GPT-5 suffering a loss of over 60% [4] Group 4: Industry Insights - NVIDIA's CEO Jensen Huang stated that the AI industry has entered a "virtuous cycle," indicating sustained growth and marking the beginning of a new computing era [4] - Longjiang Securities highlighted the performance of Chinese AI models like DeepSeek and Minimax, suggesting significant investment opportunities in domestic AI firms and applications going abroad [4] Group 5: Fund Inflows - The Sci-Tech AI ETF saw a significant increase in shares, growing by 3.081 billion shares over the past six months, ranking in the top 10% of comparable funds [5] - The fund experienced continuous net inflows over the past three days, with a peak single-day net inflow of 85.36 million yuan, totaling 124 million yuan [5] Group 6: Index Composition - As of October 31, 2025, the top ten weighted stocks in the Sci-Tech Innovation Board Artificial Intelligence Index accounted for 70.92% of the index, including companies like Lanke Technology and Kingsoft Office [5]

Core Viewpoint - The article highlights the resurgence of artificial intelligence (AI) in the market, driven by significant investments and developments in the sector, particularly in Guangdong province, which aims to boost AI-related investments to over 20 billion yuan by 2027, thereby expanding the industry scale to over 100 billion yuan [1][3]. Group 1: Market Performance - The stocks related to AI computing, particularly Cambrian, experienced a sharp rise, with Cambrian's stock increasing by over 7%, pushing its market capitalization back above 600 billion yuan [1][2]. - The overall market sentiment improved, with the STAR 50 index showing a notable rebound, indicating a revival in market interest towards technology stocks [3]. Group 2: Government Initiatives - Guangdong Province's government has introduced the "Action Plan for High-Quality Development of Manufacturing Empowered by Artificial Intelligence (2025-2027)," aiming to enhance industrial software and intelligent equipment, and to support the integration of AI with industrial internet platforms [3]. - The plan includes a target of over 20 billion yuan in AI-related investments by 2027, which is expected to drive the related industry scale to exceed 100 billion yuan [3]. Group 3: Global Investment Trends - According to Morgan Stanley, foreign capital inflow into the Chinese stock market reached 4.6 billion USD in September, marking a 10-month high, with total net inflows for the first nine months of 2025 exceeding 18 billion USD [4]. - High expectations for AI-driven growth in the Chinese stock market are supported by the belief that AI will enhance profitability and that policies aimed at reducing internal competition will further boost corporate profits [4]. Group 4: Company Upgrades - Morgan Stanley upgraded SMIC from "Neutral" to "Overweight," raising its earnings forecast for 2026-2027 and increasing the target price from 40 HKD to 80 HKD per share, driven by anticipated demand for advanced wafer foundry services due to rapid growth in AI applications [5].

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]