The technology sector experienced another adjustment today, with declines in 5G, chips, electronics, artificial intelligence, and others. Among the holdings of the AI ETF (515070), China Software, Shenzhen SED, and Kingsoft Office performed relatively well, while Joyson Electronics, VeriSilicon Microelectronics, and Fudan Microelectronics led the declines. The AI ETF (515070) fell over 2% during the trading session, with turnover exceeding 50 million yuan.

Guosen Securities stated that this stock market rally began on September 24, 2024, triggered when the market had undergone a prolonged adjustment and sentiment was at a freezing point. This rally started with a combination of monetary, real estate, and capital market policies, using proactive fiscal policy and moderately loose monetary policy to counter deflation and expand domestic demand. Guosen Securities believes the rally is far from over. Looking ahead, Xun Yugen believes that the fundamentals of A-shares are beginning to improve. However, the current fundamental improvements are still sporadic, with the technology sector performing strongly, while some cyclical and traditional consumer industries are weaker.

The AI ETF (515070) tracks the CSI Artificial Intelligence Theme Index (930713). Its constituent stocks are selected from companies providing technology, basic 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 ten holdings include domestic tech leaders such as InnoLight, Eoptolink, Cambricon-U, Sugon, iFlytek, Will Semiconductor, Hikvision, Montage Technology, Kingsoft Office, and Unisplendour Corporation.

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AI ETF (515070) ChinaAMC CSI Artificial Intelligence Theme ETF Connect A (008585), ChinaAMC CSI Artificial Intelligence Theme ETF Connect C (008586)