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。其较高 的"含科技量"，"更全更广"的编制特点，决定了天然具有弹性优势。 消息面上，据DeepSeek官方公众号，DeepSeek-V3.1正式发布。在官宣发布DeepSeek-V3.1的文章中提 到，DeepSeek-V3.1使用了UE8M0 FP8 Scale的参数精度。另外，V3.1对分词器及chat template进行了较 大调整，与DeepSeek-V3存在明显差异。DeepSeek官微在置顶留言里表示，UE8M0 FP8是针对即将发布 的下一代国产芯片设计。 中信建投表示，国产算力板块迎来密集催化。腾讯业绩会表示推理芯片的供应渠道侧具备多种选择，国 际供应链波动背景下国产推理算力芯片有望提供助力。DeepSeek更新模型，DeepSeek V3.1发布，明确 支持FP8精度与将发布的下一代国产芯片，头部国产开源模型对国产芯片的支持有望推动国产算力生态 加速落地，国产芯片竞争力持续提升。 8月22日，A股三大指数走强， ...

Group 1 - The three major indices opened mixed, with the storage sector showing strong performance, particularly the chip ETF Tianhong (159310), which opened high and is currently up 0.49% [1] - As of July 7, the chip ETF Tianhong (159310) has seen a change of 16 million shares year-to-date, with a change rate of 2.31%, ranking first among similar products, and its total scale is 1.016 billion yuan, also leading in the Shenzhen market [1] - Longxin Technology Group Co., Ltd. has initiated listing guidance with the help of China International Capital Corporation and CITIC Securities, having received significant investments, including from the National Big Fund, with a valuation of 150.8 billion yuan in the latest financing round in March 2024 [1] Group 2 - Longxin Storage, the largest DRAM storage enterprise in China, has started listing guidance, with the DRAM chip market being dominated by South Korean and American manufacturers [2] - Longxin's technology is rapidly advancing to catch up with global standards, and its production capacity is expected to double by 2024, which may drive further expansion and increase the domestic equipment localization rate [2] - The rise of Longxin Storage and Yangtze Memory Technologies as the dual leaders in China's storage chip market is crucial for upgrading domestic storage technology and ensuring national information security while reducing import dependency [2]

Group 1 - A-shares showed a positive trend on June 25, with active performance in some chip stocks, particularly the chip ETF Tianhong (159310) which saw a peak increase of 0.7% before retreating [1] - The Tianhong chip ETF experienced a net inflow of over 54 million yuan yesterday, leading in net inflow rates over the past 5, 10, 20, and 60 days compared to similar products [1] - The latest circulation scale of the Tianhong chip ETF reached 1.028 billion yuan, making it the largest among similar products in the Shenzhen market [1] Group 2 - According to Tianfeng Securities, the global semiconductor market is expected to maintain an optimistic growth trajectory through 2025, driven by AI [2] - The design sector, particularly storage, foundry SoC, ASIC, and CIS, is recommended for attention due to performance elasticity in Q2 [2] - Companies producing AISoC chips are anticipated to benefit from the increasing penetration of AI hardware, with Q1 results already reflecting significant growth [2]

Group 1 - The A-share market opened slightly lower on May 23, with the semiconductor and consumer electronics sectors experiencing minor pullbacks [1] - The electronic ETF (159997) saw a net inflow of over 2 million yuan on May 22, while the chip ETF Tianhong (159310) received over 5.7 million yuan, leading to a total inflow of over 10 million yuan in the past two days [1] - The electronic ETF (159997) tracks the CSI Electronic Index, which includes companies involved in semiconductor production, computer storage, and consumer electronics, making it the only ETF tracking this index in the market [1] Group 2 - The chip ETF Tianhong (159310) tracks the CSI Chip Industry Index, which includes companies engaged in chip design, manufacturing, and testing, reflecting the overall performance of the chip industry [2] - Xiaomi recently launched its 15th-anniversary flagship processor, the玄戒O1, which is designed with a second-generation 3nm process and features 190 billion transistors, showcasing significant advancements in chip technology [2] - The consumer electronics supply chain is experiencing improvements in innovation trends, particularly in core components such as main chips and optical displays, driven by the increasing demand for AI-enabled devices [2]

Group 1: Market Performance - On May 22, A-share indices showed mixed performance, with active trading in chip stocks [1] - The Tianhong Chip ETF (159310) rose over 0.7%, with notable gains from companies like Wentai Technology (up over 4%) and others [1] - The Tianhong Sci-Tech ETF (589860) also increased by over 0.5%, with significant rises from companies such as Sanjing Guojian (up over 19%) and Xidi Micro (up over 14%) [1] Group 2: Fund Flows - On May 21, the Tianhong Chip ETF (159310) saw a net inflow of over 4 million yuan, ranking first among similar products [1] Group 3: Industry Insights - The Chip Industry ETF (159310) tracks the CSI Chip Industry Index, which includes companies involved in chip design, manufacturing, packaging, and testing [1] - The Tianhong Sci-Tech ETF (589860) covers 97% of the Sci-Tech board's market value, with the semiconductor sector representing 37% of the secondary industry distribution [1] Group 4: Company Developments - Xiaomi announced a strategic product launch event on May 22, introducing the new SoC chip "Xuanjie O1" and flagship products like the Xiaomi 15S Pro and Xiaomi Pad 7 Ultra [2] - The Xuanjie O1 chip, designed by Xiaomi, is a 3nm flagship chip that has begun mass production [2] Group 5: Market Trends - Domestic computing chips are gradually closing the gap with international leaders due to ongoing technological innovation and market expansion [2] - By 2025, domestic large models are expected to lead global AI industry development, with companies like DeepSeek and Doubao making significant advancements [2]