Huabiao Technology ETF Soars Over 12%, Tops A-Share Money List! Hua bao technology ETF (589520) surges over 1.2%, buy-side funds become even more powerful
Today, August 12th, we see a strong focus on the domestic AI industry chain, with Hua bao technology ETF (589520) rising1.25%, and component stocks such as Huan Wu Ji, Xian yuan shares, Shi Tou Technology, Yun Tian Li Fei, You Ke De, and Le Xin Technology(688018) following suit.
Funds continue to pour in, focusing on technology ETFs! It's worth noting that Hua bao technology ETF (589520) frequently appears in the overpriced zone, indicating buy-side funds becoming even more powerful! According to data from the Shanghai Stock Exchange, Hua bao technology ETF (589520) has attracted a cumulative 1.134 billion yuan in the past five days, with longer-term figures showing 2.703 billion yuan over the past 10 days, 3.017 billion yuan over the past 20 days, and 7.15 billion yuan over the past 60 days, reflecting funds having a good outlook for the sector and gradually building up positions!
On the message side, on August 12th, Huawei held a forum in Shanghai titled "AI Emerges, Opening Up a New Chapter for Intelligent Finance". The forum will release Al reasoning acceleration black technology, which may reduce China's AI reasoning dependence on HBM (high-bandwidth memory) technology, improve domestic AI big model reasoning performance, and perfect the key parts of China's AI ecological chain.
Guotai Junan Securities points out that self-controlled chips are a necessary trend for algorithmic power, and Nvidia chip security vulnerabilities will accelerate domestic cloud manufacturers' adaptation to self-controlled algorithmic chips, making domestic replacement possible in the future.
Tianfeng Securities notes that during historical single-sided upward trends, starting early and completing a round of adjustments can often trigger a second wave of growth, becoming the long-term mainline. AI has experienced 3-5 months of adjustment and slow lifting over the past two months, satisfying the conditions for restarting as the mainline: ① consolidating at low levels (without congestion); ② long-term logic still prevailing (capital expenditure guidance continues to drive algorithmic power cycles)
【Homegrown Replacement, Innovation-driven Self-Strengthening】
Artificial Intelligence, as a key core technology, realizing self-control is crucial. We focus on the domestic AI industry chain, with Hua bao technology ETF (589520) rising over 12%, and component stocks such as Huan Wu Ji, Xian yuan shares, Shi Tou Technology, Yun Tian Li Fei, You Ke De, and Le Xin Technology(688018) following suit. As of the end of July, the top 10 stocks accounted for over67%, with the first-ranked sector being semiconductors, accounting for nearly half, and having a strong attacking ability.
Cloud-hybrid fusion is a key trend in AI development, with index applications evenly distributed across application software, terminal applications, terminal chips, and cloud chip four major nodes. Component stocks are all top-ranked or near-top-ranked companies in each sub-node income, poised to benefit from the acceleration of AI-powered edge computing.
Risk reminder: Hua bao technology ETF (589520) and its associated fund (A-class: 024560 / C-class: 024561) passively track the Shanghai Stock Exchange's science and technology innovation board AI index, with a base date of December 30th, 2022, and an announcement date of July 25th, 2024. The composition of the component stocks is adjusted according to the rules for compiling this index, and the historical performance does not predict future performance. The mention of individual stocks and index components in this article is only for display purposes and is not a recommendation for any form of investment or a representation of the holdings and trading direction of the management company.