The world has entered the "Seedance moment" in early 2026. ByteDance's AI video generation model, Seedance 2.0, has recently gained widespread attention globally, becoming a catalyst for the current AI application market surge. Seedance 2.0 can simultaneously generate video and audio with synchronization, indicating a significant reduction in production costs for trending short dramas and marking AI video's accelerated integration into core industrial production processes.
Feng Ji, CEO of Game Science, remarked that Seedance represents a "game-changing" advancement as a Chinese-developed AI model. He described it as "the most powerful video generation model currently available" and stated that it signifies "the end of AIGC's infancy."
Notably, ByteDance is developing AI chips and negotiating with Samsung for manufacturing. The company plans to produce between 100,000 and 300,000 AI chips this year. Data shows that the Sci-Tech Innovation AI ETF (589520) has significant exposure to ByteDance's supply chain, with ByteDance-related companies accounting for 29.42% of the index's weight as of the end of January 2026.
Industry experts note that from last year's DeepSeek to this year's Seedance, Chinese AI models are rapidly catching up on the global stage, signaling the imminent explosion of AI Agent applications. Guolian Minsheng Securities expressed continued optimism toward AI investment opportunities, citing four factors supporting the sector's high growth: ① increasing capital expenditures by tech giants; ② AI assistants like Clawdbot demonstrating AI's transition from conversational tools to executors, with promising prospects for edge AI products; ③ persistent supply-demand tightness in computing infrastructure driving upstream inflation, cloud service price hikes, and rising H100 leasing costs, potentially extending price increases in the storage sector; and ④ AI entering a phase of application deployment, accelerating demand, and synchronized industry growth, supporting a bullish outlook on AI trends.
In market performance, the Sci-Tech Innovation AI ETF (589520), with over 29% exposure to ByteDance's industrial chain, experienced a minor correction today (February 11), with its price down 0.44%. Frequent premium trading intervals indicated strong buying interest, suggesting potential accumulation on dips.
Among index constituents, Scantech led gains with over 9%, followed by UCloud rising more than 4%, with Q&A Technology and Anlu Technology also advancing. On the downside, Lattice Semiconductor fell over 3%, Lingyun Guang declined more than 2%, and Cambricon dropped over 1%, weighing on the index.
[Domestic Substitution and Sci-Tech Self-Reliance] The Sci-Tech Innovation AI ETF (589520) and its feeder funds (Feeder A: 024560, Feeder C: 024561) focus on domestic AI industry chains, including leading domestic GPU makers like Cambricon, top ASIC producers such as VeriSilicon, and AI application leaders like Kingsoft Office. Nearly half of the ETF's weight is in semiconductors, offering strong growth potential, while software accounts for over 30%, positioning it to benefit from AI application catch-up rallies. The ETF is also a margin trading target, providing an efficient tool for gaining exposure to domestic computing power.
ETF fee details: The Sci-Tech Innovation AI ETF managed by Huabao does not charge a sales service fee. Subscription and redemption agents may collect commissions up to 0.5%, including fees charged by exchanges and registration institutions. On-market trading fees are subject to securities companies' actual charges.
Feeder fund fees: Huabao's Sci-Tech Innovation AI ETF Feeder Fund (Class A) charges a subscription fee of 1,000 RMB per transaction for amounts of 2 million RMB or more, 0.6% for 1-2 million RMB, and 1% for under 1 million RMB. Redemption fees are 1.5% for holdings under 7 days and 0% for 7 days or more, with no sales service fee. The Class C feeder fund has no subscription fee, a redemption fee of 1.5% for holdings under 7 days and 0% for 7 days or more, and a 0.3% sales service fee.
Risk disclosure: The Sci-Tech Innovation AI ETF passively tracks the SSE Sci-Tech Innovation AI Index, which has a base date of December 30, 2022, and was launched on July 25, 2024. The index rose 12.68% in 2023 and 32.36% in 2024. Index constituents are adjusted according to its rules, and past performance does not indicate future results. Individual stocks mentioned are for illustrative purposes only and do not constitute investment advice or reflect the fund manager's holdings. The fund manager rates the ETF as R4 (moderately high risk), suitable for aggressive (C4) or higher risk-profile investors. Suitability assessments are determined by sales institutions. All information provided is for reference only; investors are responsible for their investment decisions. Views and analysis herein do not constitute investment advice, and no liability is accepted for losses resulting from the use of this content. Fund investments carry risks; past performance does not guarantee future results, and other funds managed by the manager do not assure this fund's performance. Invest with caution.
MACD golden cross signals have formed, indicating positive momentum for several stocks.
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