Software Development Index Jumps 6%! Capital Attention Rises Significantly! Six Stocks Including Shanghai Dzh Limited Hit Limit Up, Cybersecurity, Fintech, and AI Applications Surge Collectively

Deep News10-25 20:20

The software development sector staged a wave of limit-up moves on the afternoon of October 23, with multiple stocks hitting the daily ceiling and related concepts surging higher. The index tracked by the software development ETF Huabao (159036), which covers 107 constituent stocks, rose as much as 6.42% and closed up 6.02%, forming a bullish engulfing pattern on the daily K-line chart. Multiple positive catalysts emerged across various sub-sectors. As of the end of September, the ETF's weightings in AI applications, fintech, and cybersecurity constituents stood at 47%, 33%, and 17% respectively. As of October 22, the relevant index had a PE ratio of 167.10 times, which is lower than over 78% of the range since its listing, offering relatively strong valuation appeal. Its feeder fund is currently in the subscription period.

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