As of 5:00 PM on November 28, the subscription amount for the Yongying CSI Science and Technology Innovation Board Artificial Intelligence ETF on its first day of issuance surpassed 900 million yuan, approaching the 1 billion yuan upper limit for its initial fundraising. This ETF is among the first in the market to focus on artificial intelligence within the science and technology innovation sector. According to an announcement on the CNInfo website, the fund will end its fundraising ahead of schedule.

As a public fund institution deeply rooted in cutting-edge technology, Yongying Fund's approval of this new product further enriches its "hardcore tech" product line, aiming to provide investors with a convenient and efficient one-stop index investment tool to participate in the growth dividends of the artificial intelligence industry. The early closure of the ETF's fundraising also reflects broad market recognition of its investment value.

Relevant experts pointed out that the approval of the first batch of science and technology innovation board artificial intelligence ETFs is an important step for the capital market in serving the technological innovation sector and a practical measure to support the layout of the "15th Five-Year Plan." As core areas of new quality productivity development, chips and artificial intelligence are further enriched by the launch of related ETF products, expanding the "toolkit" of "tech finance" and helping to guide social funds toward the forefront of national strategic planning, providing strong capital support for cultivating new quality productivity.

In the long term, China's technology industry is entering a golden development period with continuous policy support and accelerated technological breakthroughs. As the core driver of the digital economy, artificial intelligence is in a phase of explosive growth. Multiple securities firms have analyzed that the current valuation of the technology sector is within a historically reasonable range. With the continuous expansion of technology application scenarios and the increasing improvement of the industrial ecosystem, technology companies mastering core technologies are expected to achieve dual improvements in performance and valuation.

The launch of the Yongying CSI Science and Technology Innovation Board Artificial Intelligence ETF (159141) will effectively lower the threshold for ordinary investors to participate in the technology sector, helping them "deploy with one click" in high-quality artificial intelligence industry directions.