Today, the A-share market opened lower overall but quickly rebounded, with trading volume significantly expanding. The Wind All A Index predicts that the day's trading volume will exceed 2.4 trillion yuan. Amid market adjustments, funds are actively entering the market, with the technology sector showing significant gains. Areas like gaming and 5G saw rapid rebounds. The AI ETF (515070) fell over 2% during the session before recovering, with trading volume exceeding 140 million yuan.
Hua'an Securities stated that the growth technology rally still has room to continue. In the current growth technology sector, areas like AI and robotics remain strong, and market risk appetite is high. The rally has not yet shown all five warning signals (valuation percentile, maximum gains and duration, high-priced stock plunges, sector diffusion and large-cap stock catch-up, and trading crowding). Among these, sector diffusion and trading crowding have not been fully met, indicating that this rally is likely not over yet.
The AI ETF (515070) tracks the CSI Artificial Intelligence Theme Index (930713). Its constituent stocks are selected from companies providing technology, foundational resources, and application-side solutions for artificial intelligence, focusing on the upstream and midstream of the AI industry chain. It is commonly known as the "creator of the robot's brain" and the "foundation of the Internet of Everything." Its top holdings include Cambricon-U, InnoLight Technology, Sugon, iFLYTEK, OmniVision, Eoptolink, Montage Technology, Kingsoft Office, and Unisplendour Corporation, among other leading domestic tech companies.