Potentially dragged down by overall market consolidation, the HUABAO SHANGHAI SCIENCE AND TECHNOLOGY INNOVATION BOARD ARTIFICIAL INTELLIGENCE TRADING OPEN ENDED INDEX SEC (589520), which focuses on the domestic AI industry chain, experienced its first correction after hitting a record high on Tuesday. As of today (January 15), its intraday price fell by 2.71%, pulling back to test the 5-day moving average. Within less than half a day of trading, the real-time turnover had already exceeded 55 million yuan, indicating active trading interest.
This first pullback following the ETF's record high may be viewed by capital as an opportunity to buy on dips. In fact, the HUABAO SHANGHAI SCIENCE AND TECHNOLOGY INNOVATION BOARD ARTIFICIAL INTELLIGENCE TRADING OPEN ENDED INDEX SEC (589520) had seen continuous capital inflows over the preceding three days, totaling 121 million yuan. This reflects strong investor optimism regarding the future performance of the domestic AI industry chain and their active deployment through this ETF.
Among the constituent stocks, AsiaInfo Technology led the gains with an increase of over 4%, followed by TransInfo Technology which rose more than 3%. VeriSilicon Microelectronics, Montage Technology, and Qi An Xin Technology Group all advanced over 1%, ranking among the top gainers. On the other hand, Transwarp Technology plunged nearly 20%, approaching the daily downside limit, while Sugon slumped over 18%. Haitian Ruisheng fell more than 11%, leading the declines and weighing on the index's performance.
On the news front, the Ministry of Industry and Information Technology recently issued the "Action Plan for Promoting the High-Quality Development of Industrial Internet Platforms (2026-2028)", marking a new phase in China's industrial internet development. The document systematically introduces the concept of the "Industrial Intelligence Body" for the first time, clearly stating that AI will be deeply embedded throughout the entire industrial chain, fundamentally颠覆ing the traditional manufacturing model that relies on "master craftsmen's experience".
Industry insiders point out that the current primary application direction for AI remains AIGC (Artificial Intelligence Generated Content). The current trend involves attempting to extend its reach into manufacturing. Only by transforming manufacturing and achieving "AI + Manufacturing" can AI be regarded as a genuine productivity tool, and the changes brought by AI can be considered a technological revolution.
CITIC Securities indicates that in 2025, the resonance between autonomous controllability and AI drove the related sectors to deliver impressive performance. Looking ahead to 2026, this industry trend is expected to further intensify, with "autonomous controllability and AI computing power" likely to emerge as the absolute strongest theme throughout the year.
It is noteworthy that the underlying index of the HUABAO SHANGHAI SCIENCE AND TECHNOLOGY INNOVATION BOARD ARTIFICIAL INTELLIGENCE TRADING OPEN ENDED INDEX SEC (589520) maintains a balanced allocation across four key segments: application software, terminal applications, terminal chips, and cloud chips. The AI industry chain is evolving from the cloud towards the edge and shifting from reliance on foreign technology towards autonomous controllability. The fund's focus on Sci-Tech Innovation Board AI companies aligns well with the current state of the AI industry chain, suggesting significant potential.
[The Beacon of Domestic Substitution, Sci-Tech Self-Reliance and Strengthening] Against the backdrop of technological friction, the importance of information security and industrial security has become increasingly prominent. As a core technology, achieving autonomous 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 heavily on the domestic AI industry chain and possess strong characteristics of domestic substitution. The top ten holdings account for over 70% of the weight, with the semiconductor sector, the largest holding industry, comprising more than half of the portfolio, indicating high concentration and strong offensive potential. Furthermore, this ETF is a margin trading security, making it an efficient tool for a one-click allocation to domestic computing power.
Risk Warning: 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 constituent stocks is adjusted according to its compilation rules, and its backtested historical performance does not indicate future index performance. Individual stocks and 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 information 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 investor types. The appropriateness matching opinion is subject to the selling institution. Any information appearing in this article (including but not limited to individual stocks,评论, predictions, charts, indicators, theories, and any form of expression) is for reference only, and investors are responsible for any independent investment decisions. Furthermore, any views, analysis, or forecasts in this article do not constitute investment advice of any kind to the reader, and no liability is accepted for any direct or indirect losses arising from the use of the content herein. Fund investment carries risks; the past performance of a fund does not indicate its future performance, and the performance of other funds managed by the fund manager does not guarantee the performance of this fund. Fund investment must be approached with caution.
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