ChiNext Artificial Intelligence index continues to expand its gains! On the morning of the 28th, optical modules and other computing power sectors exploded higher, with optical communication stocks hitting new highs. Suzhou Tfc Optical Communication Co.,Ltd. surged to its 20% daily limit, Zhongjitc soared over 9%, and Eoptolink rose more than 7%. The ChiNext AI index, which has over 41% exposure to optical modules, expanded its gains by over 5% to reach new historical highs! Additionally, multiple stocks including Chanxin-core, Lightcomm Technology, and Taichenguang followed with gains exceeding 5%!
In terms of popular ETFs, the ChiNext AI ETF (159363), which tracks the same underlying index with the largest scale and outstanding liquidity, continued to expand its intraday gains by over 5%, strongly rebounding to hit historical highs. Real-time trading volume exceeded 700 million yuan, with cumulative net inflows of over 1.2 billion yuan in the past 10 days.
On the earnings front, multiple constituent stocks of the ChiNext AI index have delivered above-expected performance, with optical module leaders particularly impressive! As of August 27, among the 25 constituent stocks that have disclosed interim results, 11 have exceeded expectations! Driven by high AI sentiment, global computing power demand has surged, and optical module interim results have been remarkable. Among them, Eoptolink and Ruijie Networks achieved net profit growth rates exceeding 355% and 194% respectively, while Zhongjitc, Suzhou Tfc Optical Communication Co.,Ltd., and Taichenguang achieved strong double-digit growth in both revenue and profit.
Guosheng Securities believes that the current rally in optical modules is just the beginning, as the industry is experiencing a critical phase transitioning from high-speed earnings growth to valuation enhancement. Leading companies are entering a new phase from "profit realization" to "value reassessment," with stock price drivers shifting from business-driven to dual-driven by both performance and valuation. The institution stated that current computing power leaders still have room for stock price appreciation, and valuations are expected to continue rising under the triple logic of AI closed-loop, incremental fund inflows, and continuous industry innovation.
For investment choices, it is recommended to focus on the outperformance of ChiNext AI. Based on recent market trends, computing hardware centered on optical modules has frequently moved higher, with ChiNext AI, which has over 41% optical module exposure, consistently leading this round of AI rally. Statistically, ChiNext AI has gained over 68% year-to-date, significantly outperforming similar AI indices such as CS AI and STAR AI.
Note: The statistical period is from January 1, 2025 to August 27, 2025. The ChiNext AI index base date is December 28, 2018, and the publication date is July 11, 2024. The annual gains/losses of the ChiNext AI index from 2020-2024 were: 20.1%, 17.57%, -34.52%, 47.83%, 38.44% respectively. The index constituent composition is adjusted timely according to the index compilation rules, and its backtested historical performance does not predict future index performance.
To capture core opportunities in computing power + applications, it is recommended to focus on the market's first ChiNext AI ETF Huabao (159363) and its off-exchange feeder funds (Class A 023407, Class C 023408). The underlying index allocates approximately 70% to computing power and 30% to AI applications, efficiently capturing AI thematic trends, with key allocations to optical module leaders, and optical module exposure exceeding 41%.
As of August 27, 2025, the ChiNext AI ETF (159363) has reached a new high scale of over 3.7 billion yuan since listing, with average daily trading volume exceeding 300 million yuan in the past month, ranking first among the 6 ETFs tracking the ChiNext AI index.
Data sources: Shanghai and Shenzhen Stock Exchanges, etc. Note: "Market's first" refers to the first ETF tracking the ChiNext AI index.
Risk Warning: ChiNext AI ETF Huabao passively tracks the ChiNext AI index, which has a base date of December 28, 2018, and publication date of July 11, 2024. The annual gains/losses of the ChiNext AI index from 2020-2024 were: 20.1%, 17.57%, -34.52%, 47.83%, 38.44% respectively. Index constituent composition is adjusted timely according to index compilation rules, and backtested historical performance does not predict future index performance. Individual stocks mentioned in the article are for display purposes only. Individual stock descriptions do not constitute any form of investment advice, nor do they represent holding information and trading activities of any fund under the management company. The fund management company assesses this fund's risk level as R4-Medium to High Risk, suitable for aggressive (C4) and above investors. Please refer to sales institutions for appropriateness matching opinions. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only, and investors must be responsible for any autonomous investment decisions. In addition, any views, analyses and predictions in this article do not constitute investment advice in any form to readers, nor do they bear any responsibility for direct or indirect losses caused by the use of this article's content. Fund investment carries risks, and past performance of funds does not represent future performance. Performance of other funds managed by the fund management company does not constitute a guarantee of fund performance. Fund investment should be approached with caution.
MACD golden cross signal formed, these stocks show good upward momentum!
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