In early trading on May 25th, leading optical module stocks collectively strengthened, with the prominent "Yi Zhong Tian" trio leading the gains. Xinyisheng and Tianfu Communication saw intraday increases exceeding 5%, while Zhongji Innolight rose over 3%. Among popular ETFs, the ChiNext AI ETF (159363), which has over 50% exposure to CPO optical modules and the highest concentration of the "Yi Zhong Tian" stocks, continued its rise with a 2% intraday gain. Its real-time trading volume surpassed 700 million yuan, leading activity among all AI-themed ETFs in the market.
Guosheng Securities noted that as we enter June, demand expectations for optical modules in 2027 are becoming clearer. Furthermore, the bottleneck in upstream core component supply that previously constrained deliveries is gradually reaching an inflection point towards improvement. This suggests leading manufacturers' capacity and earnings potential may accelerate. The firm recommends refocusing on the major optical module theme at this stage, with particular emphasis on the two leaders, Zhongji Innolight and Xinyisheng.
Guolian Minsheng Securities highlighted that Nvidia maintained significant revenue and net profit growth in its last fiscal quarter. The company's next-generation AI computing platform, Vera Rubin, is scheduled to begin shipments in the second half of 2026. The firm remains optimistic about the continuation of the AI boom cycle and recommends focusing on core optical module and optical chip companies.
To gain targeted exposure to leading CPO optical module opportunities, market participants are advised to consider the ChiNext AI ETF (159363), which leads its category in both size and liquidity, along with its corresponding feeder funds (Class A: 023407, Class C: 023408). The underlying index of this ETF currently has a 50% weighting in optical modules, comprehensively covering the "Yi Zhong Tian" stocks. Approximately 30% of its portfolio is allocated to AI applications, positioning it not only as a core play on computing power but also as a representative of AI application development.
It is noteworthy that as of May 20, 2026, the ChiNext AI ETF (159363) reached a latest size of 7.44 billion yuan, ranking first in size within the dual-innovation (ChiNext and STAR Market) AI sector across the entire market. Its average daily trading volume over the past six months was approximately 800 million yuan, also leading in trading activity within the AI sector.
Data source: Shanghai and Shenzhen Stock Exchanges, etc.
ETF Fee Note: When subscribing for or redeeming fund shares, subscription/redemption agents may charge a commission not exceeding 0.5%. On-exchange trading fees are subject to the actual charges by securities firms. No sales service fee is charged.
Feeder Fund Fee Note: The ChiNext AI ETF Feeder Fund Class C charges no subscription fee. The redemption fee is 1.5% for holdings under 7 days and 0% for 7 days or more. The sales service fee is 0.3%. For the ChiNext AI ETF Feeder Fund Class A, the subscription fee is 1% for amounts below 1 million yuan, 0.6% for amounts between 1 million (inclusive) and 2 million yuan, and a flat 1000 yuan per transaction for amounts of 2 million yuan or more. The redemption fee is 1.5% for holdings under 7 days and 0% for 7 days or more. No sales service fee is charged.
Risk Disclosure: The ChiNext AI ETF passively tracks the ChiNext Artificial Intelligence Index. The base date for this index is December 28, 2018, and its release date is July 11, 2024. The annual performance of the ChiNext Artificial Intelligence Index from 2021 to 2025 was: +17.57%, -34.52%, +47.83%, +38.44%, and +106.35%, respectively. The index constituents are adjusted according to its compilation rules, and its back-tested historical performance does not indicate future results. The index constituents mentioned are for illustrative purposes only; descriptions of individual stocks do not constitute investment advice in any form and do not represent the holdings or trading动向 of any fund managed by the asset manager. The fund manager assesses this fund's risk等级 as R4 - Medium-High Risk, suitable for Aggressive (C4) and above investors. The suitability matching opinion is subject to the sales机构. Any information appearing herein (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of表述) is for reference only. Investors are responsible for their own investment decisions. Furthermore, any views, analysis, or forecasts herein do not constitute investment advice of any kind to the reader, and no responsibility is accepted for any direct or indirect losses arising from the use of this content. Fund investment involves risks. The past performance of a fund is not indicative of its future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Invest with caution in funds.
Comments