Core Viewpoint - The article discusses the transformative impact of Huawei's HarmonyOS 6 and its integration of AI capabilities, particularly through Agent to Agent (A2A) collaboration, which redefines mobile application interactions and enhances user experience [7][9][39]. Group 1: AI Integration and User Experience - The Mate X7, powered by HarmonyOS 6, showcases the first commercial implementation of A2A collaboration, allowing applications to work together seamlessly [3][5]. - Users can now interact with their devices using natural language, enabling a more intuitive and efficient way to access services without navigating through multiple apps [10][18]. - The A2A protocol allows previously isolated applications to function as a cohesive "smart service team," enhancing the overall efficiency of task completion [21][24]. Group 2: Technical Framework and Development - HarmonyOS 6 introduces a new technical framework that allows for deep integration of AI with hardware, facilitating standardized interactions between different smart agents [25][26]. - The Intents Kit and unified communication protocols are foundational to the A2A collaboration mechanism, enabling precise interpretation of user commands and efficient service delivery [27][28]. - The HMAF framework simplifies the development process for creating intelligent agents, allowing existing applications to evolve without complete redesign [31][32]. Group 3: Market Implications and Strategic Opportunities - The shift from "user finding applications" to "services finding users" represents a significant evolution in the mobile internet landscape, driven by user demand for efficiency [39][40]. - The growing number of HarmonyOS devices, exceeding 27 million, indicates a rapid adoption of this new interaction paradigm, positioning Huawei to capture a significant market share [42][44]. - Huawei's "Tiangong Plan," with an investment of 1 billion RMB, aims to support the development of AI-native services and frameworks, fostering innovation within the ecosystem [45][46].

Core Insights - Huawei officially launched HarmonyOS 6, featuring cross-ecosystem connectivity with Apple devices, allowing file transfers without mobile data consumption, breaking down barriers between different operating systems [1] - The new "Harmony Star River Interconnection" architecture significantly enhances device connectivity, achieving transfer speeds of up to 160MB/s, with over 20% reduction in latency and power consumption [1] - HarmonyOS 6 introduces innovative multi-device collaboration features, including "Hand-Eye Coordination" for seamless switching between devices and "Application Continuity" supporting over 120 applications for uninterrupted tasks [1][2] System and Application Ecosystem - The upgraded "Live Window" feature in HarmonyOS 6 provides richer information presentation, allowing direct access to specific services within applications [2] - Major internet companies like Tencent, Alibaba, and ByteDance have fully adapted their applications to HarmonyOS 6, enhancing user experiences with popular apps such as WeChat, Taobao, and Douyin [2] - Huawei announced an upgrade plan for HarmonyOS 6, with over 90 device models, including smartphones, tablets, wearables, and computers, set to receive the update [2]

Core Viewpoint - The computer sector is experiencing a rise, particularly in software ETFs, driven by increased interest in stablecoins and advancements in AI technology [1][3][4]. Group 1: Software ETFs Performance - Software 50 ETF (159590) rose by 2.14%, marking two consecutive days of net inflow [1]. - The majority of the underlying index components for Software 50 ETF showed positive performance, with notable gains from companies like Four Directions Technology (20% limit up), Hengsheng Electronics, and Jingbeifang, which rose over 6% [3]. - The stablecoin sector has garnered significant attention, with at least 16 brokerages publishing over 24 research reports focused on stablecoins in the past week [3]. Group 2: Stablecoin Developments - The U.S. has passed a stablecoin bill, leading to a continuous rise in Circle's stock price, while Hong Kong's stablecoin regulations will take effect on August 1, 2025 [3]. - Analysts believe that the global regulatory landscape is improving, which is expected to promote the compliant and stable development of the stablecoin industry [3]. Group 3: AI and Technology Advancements - Huawei's Developer Conference (HDC 2025) showcased the official release of HarmonyOS 6, emphasizing a new all-scenario architecture and the launch of over 50 Harmony agents [3]. - The AI sector is witnessing rapid commercialization, with OpenAI announcing an ARR of $10 billion, nearly doubling year-on-year, and Kuaishou reporting over 150 million yuan in revenue for its AI products [3][4]. Group 4: Investment Opportunities - Key investment opportunities for the second half of 2025 include domestic substitution in the chip sector, with significant advancements in AI chips and the release of the DeepSeek-R1 model [4][5]. - The domestic computing power infrastructure is expected to see concentrated deliveries, with advancements in liquid cooling technology driving growth in the cloud computing market [5]. Group 5: Index Composition - The DeepSeek concept stocks hold a weight of 48.1% in the Zhongzheng Xinchuang Index, with significant allocations in computer software (43%), cloud services (23%), and semiconductor sectors (13%) [6]. - The Software 50 ETF focuses on a comprehensive layout of the AI software industry chain, with approximately 67% of its weight in application software and over 15% in AI-related fields [6].

Core Insights - Huawei officially launched HarmonyOS 6 on June 20, marking the second major version iteration of the native HarmonyOS [1] - The new version emphasizes AI integration, transitioning applications from a "user command-centered" approach to a "user intent-centered" model [1][3] - The HarmonyOS ecosystem is accelerating, with over 30,000 applications and services in development, and a registered developer count exceeding 8 million [1][12] AI Intelligent Framework Upgrade - The core highlight of HarmonyOS 6 is the introduction of the Harmony Intelligent Agent Framework (HMAF), which shifts applications from "passive response" to "active service" [3] - The framework is based on Huawei's large models, with a training data volume of 20 trillion tokens [3] AI Assistant Features - The AI assistant, Xiaoyi, now includes a "Xiaoyi Sees the World" feature, enabling real-time environmental observation and interaction with users [5] - The system's AI capabilities have been significantly enhanced, including AI style effects and AI-assisted composition based on over 500,000 images [6] Full-Scene Interconnectivity Upgrade - HarmonyOS 6 introduces a new interconnectivity architecture, supporting over 660 applications [7][9] - The "Tap to Share" feature has expanded to support over 50 applications, enhancing cross-device collaboration in gaming and meetings [7] Developer Ecosystem Acceleration - The Harmony ecosystem has entered a phase of "exponential expansion," with over 1.3 billion lines of open-source code and 1,200 hardware and software products [10][12] - Huawei commits to investing over 6 billion yuan annually to support and incentivize Harmony developers [12]

Core Viewpoint - Huawei's HarmonyOS 6 is accelerating the development of the Harmony ecosystem, with significant advancements in AI capabilities and a growing demand for developers and talent in various industries [2][3][7]. Group 1: HarmonyOS 6 Launch - HarmonyOS 6 was officially launched at the Huawei Developer Conference 2025, with a Beta version available for developers [2][4]. - The new operating system promises enhanced connectivity and intelligent experiences, making it easier to use across various scenarios [3][5]. Group 2: AI and Intelligent Framework - HarmonyOS 6 introduces the Harmony Agent Framework (HMAF), which shifts applications from a user-command-centric model to a user-intent-centric model, enhancing proactive service capabilities [5][6]. - The integration of a comprehensive "soft-hard-cloud" ecosystem allows for better understanding of user preferences and supports AI decision-making [6]. Group 3: Ecosystem Growth - The Harmony ecosystem has transitioned to a phase of exponential growth, with over 30,000 applications and services in development across nearly 20 industries, including government, healthcare, and industrial sectors [3][9]. - The number of registered developers has surpassed 8 million, indicating a robust community contributing to the ecosystem [3][10]. Group 4: Talent Demand and Education - There is a significant talent gap in the Harmony ecosystem, with reports indicating a need for over 1 million skilled professionals, as the average salary for Harmony developers is projected to rise by 43.1% in 2024, outpacing Android's 22.7% [10]. - Huawei is collaborating with industries and educational institutions to cultivate Harmony talent, with over 7.32 million individuals having engaged in Harmony development training [10].