Boosted by a series of positive developments from ByteDance, the Huabao Shanghai Science and Technology Innovation Board Artificial Intelligence Trading Open Ended Index SEC (589520), which has over 29% exposure to ByteDance's industrial chain, saw its intraday price surge more than 2.4% today (February 10). It is currently up 1.81%, having reclaimed its 10-day moving average during the session.
Among its constituent stocks, VeriSilicon Microelectronics led the gains with an increase of over 7%. IntelliFusion rose more than 6%, while ArcSoft, CloudMinds, and Anlogic all advanced over 3%. Companies like QiAnXin Technology, AsiaInfo Security, and UCloud also followed the upward trend.
On the news front, the Spring Festival AI red packet competition has gained another participant. Today, ByteDance's AI application Doubao announced the launch of its "Doubao Celebrates the New Year" event. During the campaign, Doubao will distribute festive red packets to users. Additionally, during the live broadcast of the 2026 CCTV Spring Festival Gala on New Year's Eve, it will give away over 100,000 tech gifts integrated with the Doubao large model, along with cash red packets, to viewers nationwide. This signifies that, following AI products like Tongyi Qianwen and Tencent Yuanbao, Doubao has officially entered the Spring Festival AI red packet battle this year.
Notably, ByteDance has launched the Seedance2.0 video generation model on its Jiemeng platform, sparking widespread evaluation and discussion within the AI industry, with impressive real-world test results. ByteDance is a leading force in domestic AI, and its subsidiary Volcano Engine is the exclusive AI cloud partner for the 2026 Spring Festival Gala. Constituent stocks of the index tracked by the Huabao Shanghai Science and Technology Innovation Board Artificial Intelligence Trading Open Ended Index SEC (such as Cambricon, Montage Technology, and Beken Corporation) have established deep collaborations with ByteDance. As of the end of January 2026, ByteDance's industrial chain weighting within the ETF reached 29.42%.
On the policy front, the Ministry of Industry and Information Technology has outlined plans to advance the construction of a national computing power interconnect node system. Cinda Securities points out that, from an industry trend perspective, investment in AI computing power remains substantial and robust. The profitability of AI companies is gradually strengthening, and the performance of related firms in the industrial chain is expected to continue improving.
Kaiyuan Securities believes that competition for AI traffic portals among internet giants is intensifying. The integration and synergy of multiple business lines, coupled with AI empowerment, could become key drivers for both performance and valuation. Attention should be paid to the commercialization of AI and the expansion of application scenarios. With the continuous enhancement of open-source model capabilities, demand for AI cloud services is expected to be consistently validated.
[The Beacon of Domestic Substitution, Strengthening Self-Reliance in Sci-Tech] Top-level initiatives have deployed the "AI Plus" action. As a core technology, achieving autonomy and controllability in AI is crucial. The Huabao Shanghai Science and Technology Innovation Board Artificial Intelligence Trading Open Ended Index SEC (589520) and its feeder funds (Feeder A: 024560, Feeder C: 024561) focus on the domestic AI industrial chain. Their constituents include leading domestic GPU manufacturers (such as Cambricon), leading domestic ASIC companies (such as VeriSilicon Microelectronics), and top AI application players (such as Kingsoft Office). The top ten holdings account for nearly 70% of the weight, with the semiconductor sector comprising nearly half, indicating strong offensive potential. The software sector weight exceeds 30%, positioning it to benefit from potential catch-up rallies in AI applications. Furthermore, this ETF is a margin trading and securities lending target, serving as an efficient tool for gaining exposure to domestic computing power.
Risk Disclosure: The Huabao Shanghai Science and Technology Innovation Board Artificial Intelligence Trading Open Ended Index SEC and its feeder funds passively track the SSE Science and Technology Innovation Board Artificial Intelligence Index. The base date for this index is December 30, 2022, and it was published on July 25, 2024. The index's annual gains/losses for 2023 and 2024 were 12.68% and 32.36%, respectively. The composition of the index's constituents is adjusted according to its compilation rules, and its historical backtested performance is not indicative of future results. Any individual stocks or index constituents mentioned herein are for illustrative purposes only. Descriptions of individual stocks do not constitute investment advice in any form, nor do they represent the holdings or trading动向 of any fund managed by the management company. The fund manager assesses the risk rating of the Huabao Shanghai Science and Technology Innovation Board Artificial Intelligence Trading Open Ended Index SEC as R4 (Medium-High Risk), suitable for aggressive (C4) and higher investors. Suitability matching opinions should be based on the sales institution. Any information appearing in this article (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only. Investors are solely responsible for any independent investment decisions. Furthermore, any views, analysis, or predictions herein do not constitute investment advice of any kind to the reader, and no responsibility is accepted for any direct or indirect losses resulting from the use of this content. Fund investment carries risks. The past performance of a fund is not indicative of its future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Invest with caution.
A MACD golden cross signal has formed, indicating positive momentum for these stocks.
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