Ahead of the Spring Festival, AI-related promotions are intensifying, with ByteDance announcing a series of positive developments. Today (February 10), 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 rise by more than 2.4% at its peak, ultimately closing up 1.81% and reclaiming its 10-day moving average during the session.
Among its constituent stocks, VeriSilicon Microelectronics led the gains with an increase of over 8%, followed by IntelliFusion advancing more than 6%. Anlogic Technology and CloudWalk Technology both rose over 3%, while Montage Technology, Kingsoft Office, and Cambricon Technologies also posted gains.
Recent positive news from ByteDance includes: 1) The recent launch of its Seedance2.0 video generation model, which has garnered widespread evaluation and discussion within the AI industry for its impressive performance in practical tests; 2) The latest release of its image generation model, Seedream5.0, which is positioned as a competitor to Nano Banana Pro and is available for free trial; 3) An official announcement from Doubao that it will distribute over 100,000 tech gifts and cash red envelopes to national viewers during the live broadcast of the 2026 CCTV Spring Festival Gala on New Year's Eve.
Huaxi Securities believes the Spring Festival period has become a pivotal moment for AI applications competing for the next generation of user traffic, with substantial subsidies potentially being the most effective method to cultivate user habits. It is noteworthy that ByteDance is a leading domestic AI player, and the constituent stocks of the index tracked by the HUABAO SHANGHAI SCIENCE AND TECHNOLOGY INNOVATION BOARD ARTIFICIAL INTELLIGENCE TRADING OPEN ENDED INDEX SEC (589520) have deep collaborations with ByteDance. As of the end of January 2026, ByteDance's industrial chain weighting within the index was 29.42%.
Guolian Minsheng Securities expressed continued optimism regarding AI investment opportunities, citing four factors supporting high industry景气: 1) Increased capital expenditure by major tech giants; 2) AI assistant 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 provider price hikes, rising H100 leasing costs, and a potential continuation of price increases in the storage sector; 4) AI entering a phase of application deployment, accelerating demand, and共振 with industry chain景气, leading to a broadly positive outlook on the AI industry trend.
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 holdings include leading domestic GPU manufacturers (such as Cambricon Technologies), leading domestic ASIC companies (such as VeriSilicon Microelectronics), and leading AI application firms (such as Kingsoft Office). The semiconductor sector accounts for nearly half of the weightings, providing strong offensive potential, while the software sector comprises over 30% of the weighting, positioning it to benefit from potential catch-up rallies in AI applications. Furthermore, this ETF is a margin trading security, making it an efficient tool for gaining exposure to domestic computing power.
A MACD golden cross signal has formed, indicating positive momentum for several stocks.
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