A strong start to the New Year! On January 5, the Huabao Science and Technology Innovation Board Artificial Intelligence ETF (589520), which focuses on the domestic AI industry chain, saw its intraday price surge by 3%. In the last 7 trading sessions, it has risen in 6 of them, potentially forming a "rising staircase" pattern on its daily K-chart.
Among the constituent stocks, UCloud led the gains with an increase of over 7%, followed by Montage Technology rising nearly 7%, and Tianzhun Technology climbing more than 5%. BES Technology and Hehe Information both advanced over 4%. For the heavyweight components, Cambricon Technologies rose more than 1%, while Kingsoft Office increased over 3%.
On the news front, the International Consumer Electronics Show (CES) is scheduled to take place from January 6 to 9. Market focus is centered on four key highlights: First, Jensen Huang will deliver a keynote speech, potentially announcing NVIDIA's entry into the AIPC market; Second, a series of cutting-edge technologies and products in the AI glasses sector will be unveiled; Third, a "battle for supremacy" in smart home devices will unfold involving Samsung, TCL, and others; Fourth, several automotive companies will release technologies and products related to smart cockpits and autonomous driving.
On the policy front, the state continues to offer consumers a "big red envelope" in 2026. Just before New Year's Day, the National Development and Reform Commission and the Ministry of Finance jointly issued a notice clarifying the 2026 policy for large-scale equipment upgrades and consumer goods trade-in programs. Notably, AI glasses have been officially included in the national subsidy catalog. Guolian Minsheng Securities believes this signifies policy-level support and recognition for the smart glasses category.
Dongwu Securities stated that 2026 will witness a comprehensive resonance between domestic computing power and AI terminals. On the cloud side, capacity releases for domestic GPUs and AI ASICs, along with expansions in advanced process technologies by ChangXin Memory Technologies, will benefit the industrial chain. On the device side, new terminals like AI glasses are ushering in a year of innovation, with hybrid architectures and architectural optimizations driving scenario implementation. Concurrently, 3D DRAM, as a key storage technology, will see volume growth across multiple fields, while demand for high-end PCB materials and chip power supply is surging, collectively catalyzing the semiconductor and hardware industrial chain into a new cycle of high prosperity.
It is noteworthy that the underlying index of the Science and Technology Innovation AI ETF (589520) maintains a balanced allocation across four 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 greater self-sufficiency and controllability. The fund's focus on the Science and Technology Innovation Board's AI direction aligns with the current state of the AI industrial chain and may possess significant potential.
Against the backdrop of technological friction, the importance of information security and industrial security has become prominent. As a core technology, achieving autonomy and controllability in AI is crucial. The Science and Technology Innovation AI ETF (589520) and its feeder funds (Feeder A: 024560, Feeder C: 024561) focus on the domestic AI industrial chain and exhibit strong characteristics of import substitution. The top ten holdings account for over 70% of the portfolio weight, with the largest sector allocation, semiconductors, comprising more than half, indicating high concentration and strong offensive potential. Furthermore, this ETF is a margin trading and securities lending target, making it an efficient tool for a one-click allocation to domestic computing power.
Risk Warning: The Science and Technology Innovation AI ETF 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 historical backtested performance is not indicative of future performance. Individual stocks and index constituents mentioned herein are for illustrative purposes only; descriptions of individual stocks do not constitute investment advice of 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 Science and Technology Innovation AI ETF as R4 - Medium-High Risk, suitable for Aggressive (C4) and above investors. The appropriateness matching opinion is subject to the selling institution. Any information appearing in this article is for reference only, and investors are responsible for any independent investment decisions. Furthermore, any views, analyses, or forecasts herein do not constitute investment advice of any kind to the reader, nor shall they be held liable for any direct or indirect losses arising from the use of this content. Fund investment carries risks; the past performance of a fund is not indicative of its future performance. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Invest in funds with caution.
MACD golden cross signals have formed, and these stocks are performing well!
Comments