The computing power concept continues its strong performance. Big Data ETF Huabao (516700), which is deeply tied to domestic computing power (IDC, servers) and AI application fields, saw its on-market price continue to climb today (July 1st) after a 5.49% gain yesterday. The intraday increase reached up to 2.23%, currently up 1.27%, challenging for a third consecutive positive daily close.
Among its constituent stocks, Baosight Software Co., Ltd hit the daily limit-up, Sinnet Technology Co., Ltd surged over 13%, Range Intelligent Computing Technology Group Company Limited rose more than 8%, with stocks like Kyland Technology Co., Ltd, Ofilm Group Co., Ltd, and BONC Co., Ltd also posting significant gains.
On the policy front, on June 30th, eight departments including the Ministry of Industry and Information Technology and the National Development and Reform Commission jointly issued the "Implementation Opinions on Promoting the High-Quality Development of Industrial Internet." The document proposes enhancing the level of computing power support and promoting the integrated planning and simultaneous construction of Industrial Internet infrastructure and computing power infrastructure such as intelligent computing facilities and supercomputing facilities.
The policy specifically highlights the need to "strengthen the capability for high-speed processing and deep processing of massive heterogeneous data, deeply empowering the training of large models in the industrial field." The "Implementation Opinions" require "initially building a relatively complete basic institutional system for industrial data" and "strengthening the construction of the national Industrial Internet big data center system."
Market analysts point out that the value of industrial data elements will only be truly unleashed when data can be rights-confirmed, circulated, and traded. In the coming years, companies involved in industrial data governance, industrial dataset construction, and industrial large model platforms may receive sustained policy support and market demand.
Looking ahead, Kaiyuan Securities notes that as the intensive release of mid-year performance forecasts approaches, potential high-growth directions such as large models and computing power leasing, which may benefit from high growth in model tokens, deserve attention.
Data Security is Paramount, Technological Self-Reliance is Crucial
Big Data ETF Huabao (516700), deeply tied to domestic computing power (IDC, servers) and AI application fields, passively tracks the CSI Big Data Industry Index. It covers the entire data technology process, involving areas such as big data storage, production, analysis, operation platforms, and application, better reflecting the overall development of China's big data industry. Its top holdings include leading stocks such as Sugon Information Industry Co., Ltd, iFlytek Co., Ltd, Unisplendour Corporation Limited, Inspur Electronic Information Industry Co., Ltd, Great Wall Technology Group Co., Ltd, and China National Software & Service Co., Ltd.
The underlying index of Big Data ETF Huabao (516700) encompasses popular concepts. As of the end of May, the weight of constituent stocks related to cloud computing, IDC (computing power leasing), computing power, and AI application concepts accounted for 88.41%, 44.80%, 43.97%, and 27.84% respectively.
Note: Big Data ETF Huabao (516700) was previously referred to as Big Data Industry ETF on the market.
Risk Disclosure: Big Data ETF Huabao passively tracks the CSI Big Data Industry Index. The base date of this index is December 31, 2012, and it was released on October 18, 2016. The composition of the index's constituent stocks is adjusted according to its compilation rules, and its backtested historical performance does not indicate future performance. The index constituent stocks mentioned in this article are for display purposes only. Descriptions of individual stocks do not constitute investment advice in any form, nor do they represent the holdings information or trading trends of any fund under the management company. The fund manager assesses the risk level of this fund as R3-Medium Risk, suitable for investors with a Balanced (C3) or higher risk profile. Please refer to the sales institution for the suitability matching opinion. Any information appearing in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only. 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 readers, nor do they assume any responsibility for direct or indirect losses arising from the use of this content. Fund investment carries risks. The past performance of a fund does not represent its future performance. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Fund investment requires caution.
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