During the morning session on February 11th, sectors including CPO optical modules and AI applications saw a broad-based pullback. The AI segment on the ChiNext board fell nearly 2% intraday, with Huace Film & Television leading the decline, dropping over 10%. Stocks like Sunic and Zhongji Innolight declined more than 5%. Notably, the IDC sector, a top performer from 11 years ago, staged a comeback. Star stock Wangsu Science & Technology Co., Ltd. surged over 12%, while Ofilm and Beijing Sinnet Technology followed with gains exceeding 4%.
Regarding popular ETFs, the ChiNext Artificial Intelligence ETF (159363), which has a dual focus on "computing power + AI applications," saw its on-market price drop up to 2%. Real-time turnover exceeded 350 million yuan, with net subscriptions of 16 million units intraday.
Market analysis points out that the IDC sector's surge is driven by one key logic: large AI models are generating massive token consumption, leading to a multiplied increase in computing power demand. This logic was reinforced recently by Seedance2.0, an AI video generation model from ByteDance that has gone viral online. Seedance2.0 can create cinematic-quality videos from text or images, generating multi-shot video sequences with native audio within 60 seconds based on detailed prompts or an uploaded picture.
BOC Securities believes Seedance2.0 will boost the AI multi-modal industry chain, with various factors potentially catalyzing a rebound in AI applications. Furthermore, multi-modal generation requires significant computing power, suggesting upstream hardware infrastructure could also benefit. Investment opportunities are suggested in AI applications, cloud services, storage, and computing power within the AI industry chain.
As AI development shifts from computing infrastructure building to application deployment, the ChiNext Artificial Intelligence ETF (159363) and its feeder funds (Class A: 023407, Class C: 023408), which offer one-click exposure to both "computing power + AI applications," stand to benefit more directly from the growth红利 of AI technology commercialization. In terms of portfolio composition, the ETF allocates approximately 60% to computing power (including leaders in optical modules and IDC) and about 40% to AI applications, representing not just a core "computing power" play but also a genuine "AI application" investment.
Source: Shanghai and Shenzhen Stock Exchanges, etc.
ETF Fee Note: Subscription/redemption agents may charge a commission up to 0.5% for fund unit transactions. On-market trading fees are subject to securities firms' actual charges; no sales service fee is levied. Feeder Fund Fee Note: Class C shares charge no subscription fee; a 1.5% redemption fee applies for holdings under 7 days, and 0% for 7 days or more; a 0.3% sales service fee applies. Class A shares charge a 1% subscription fee for investments below 1 million yuan, 0.6% for 1-2 million yuan, and a flat 1,000 yuan fee for 2 million yuan or more; redemption fees are 1.5% for under 7 days and 0% for 7 days or more; no sales service fee is charged.
Risk Disclosure: The ETF passively tracks the ChiNext Artificial Intelligence Index (Base Date: Dec 28, 2018; Release Date: July 11, 2024). The index's annual performance from 2021-2025 was: 17.57%, -34.52%, 47.83%, 38.44%, 106.35%. Index constituents are adjusted per its rules; past performance does not indicate future results. Mentioned stocks are for illustration only and do not constitute investment advice or represent fund holdings. The fund is rated R4 (Medium-High Risk) by the manager, suitable for Aggressive (C4) or higher investors; suitability should be confirmed with sales institutions. All information herein is for reference only; investors are responsible for their decisions. No content constitutes investment advice, and no liability is accepted for losses resulting from its use. Fund investments carry risk; past performance does not guarantee future results; other funds' performance does not guarantee this fund's results. Invest cautiously.
MACD golden cross signals form, these stocks show promising gains!
Comments