As of 10:52 on March 20, 2025, the CSI Artificial Intelligence Thematic Index (930713) fell by 0.11%. In terms of constituent stocks, VeriSilicon (688521) led the rise by 6.19%, Topway Information (002261) rose 5.14%, and Xingchen Technology (301536) rose 2.35%; Kingsoft Office (688111) led the decline by 3.78%, Hikvision (002415) fell 2.85%, and Baoxin Software (600845) fell 2.17%. AI Artificial Intelligence ETF (512930) fell 0.27%, the latest price was 1.46 yuan, and the intraday turnover has reached 44.1827 million yuan, with a turnover rate of 2.28%.

As of 10:51 on March 20, 2025, the CSI Consumer Electronics Theme Index (931494) rose 0.17%, the constituent stocks VeriSilicon (688521) rose 6.40%, Unisplendour Guowei (002049) rose 3.08%, Lens Technology (300433) rose 1.97%, EVE Lithium Energy (300014) rose 1.89%, and Anker Innovations (300866) rose 1.88%. Consumer electronics ETF (561600) rose 0.23%, the latest price was 0.89 yuan, and the intraday turnover has reached 2.8493 million yuan, temporarily ranking 2/5 of comparable ETFs, with a turnover rate of 1.55%.

In the long run, as of March 19, 2025, the AI artificial intelligence ETF has risen by 7.83% in the past three months, ranking 1/3 of comparable funds. Consumer electronics ETFs have risen 5.61% in the past 3 months.

In terms of scale, the latest scale of AI artificial intelligence ETF reached 1.948 billion yuan. The latest scale of consumer electronics ETF reached 183 million yuan, a new high in nearly one year.

In terms of shares, the latest share of AI artificial intelligence ETF reached 1.337 billion shares, a new high in the past one year. The latest share of consumer electronics ETF reached 207 million, a new high in nearly one year.

In terms of fund inflow, the latest net inflow of AI artificial intelligence ETF was 43.8808 million yuan. In the long run, there have been 3 net inflows of funds in the past 5 trading days, with a total of 64.13 million yuan and an average daily net inflow of 12.826 million yuan. The latest net inflow of consumer electronics ETF was 7.088 million yuan. Looking at it for a long time, in the past 10 trading days, a total of 10.6969 million yuan has been "absorbed".

The data shows that leveraged funds continue to be deployed. The latest financing purchase amount of AI artificial intelligence ETF reached 7.6956 million yuan, and the latest financing balance reached 95.0276 million yuan.

In

a March 19 meeting with analysts and investors at the GTC, Huang said that the previous understanding that "R1 could reduce chip demand" was completely wrong, and that future computing needs would become much higher. He said that the R1 model released by Chinese artificial intelligence company DeepSeek will only increase the demand for computing infrastructure, so the fear that "chip demand may decrease" is unfounded.

After market hours on March 19, Tencent Holdings released its financial report for the fourth quarter and full year of 2024. According to the announcement, in 2024, the company will achieve revenue of 660.26 billion yuan, an increase of 8% year-on-year; net profit was RMB194.07 billion, an increase of 68% over the previous year; NON-IFRS net profit was 222.7 billion yuan, an increase of 41% year-on-year. For the fourth quarter of 2024, the free cash flow generated by the Group was RMB4.5 billion. This was attributable to net cash flow from operating activities of RMB54.0 billion, offset by capital expenditure payments of RMB39 billion, media content payments of RMB8.5 billion and lease liability payments of RMB2.0 billion to support the development of our AI projects.

Tencent executives disclosed that in 2024, Tencent's annual capital expenditure will reach $10.7 billion, equivalent to about 12% of revenue in the same period. The increase in capital expenditure in the fourth quarter was significant, as Tencent purchased a lot of GPUs in the quarter. Tencent plans to further increase capital expenditure in 2025, with capital expenditures expected to be in the low double-digit percentage of revenue.

The investment opportunities of related products such as AI Artificial Intelligence ETF (512930), Consumer Electronics ETF (561600) and online consumer ETF Ping An (159793) have attracted much attention.

The AI Artificial Intelligence ETF closely tracks the CSI Artificial Intelligence Thematic Index, which selects 50 listed companies whose business involves providing basic resources, technology and application support for artificial intelligence as the index sample to reflect the overall performance of the securities of listed companies with artificial intelligence themes.

According to the data, as of February 28, 2025, the top 10 weighted stocks of the CSI Artificial Intelligence Theme Index (930713) are Cambrian (688256), Weir (603501), Hikvision (002415), Sugon (603019), iFLYTEK (002230), Zhongji Innolight (300308), Montage Technology (688008), Kingsoft Office (688111), Xinyisheng (300502), Unisplendour (000938), the top ten weighted stocks accounted for 50.39% of the total.

The CSI Shanghai-Hong Kong-Shenzhen Online Consumption Index selects 50 securities of listed companies whose main business involves online shopping, digital entertainment, online education and telemedicine in the Mainland and Hong Kong markets as the index sample to reflect the overall performance of the securities of listed companies with online consumption themes in the mainland and Hong Kong markets.

According to the data, as of February 28, 2025, the top ten weighted stocks of the CSI Shanghai-Hong Kong-Shenzhen Online Consumer Theme Index (931481) are Alibaba-W (09988), Tencent Holdings (00700), Meituan-W (03690), Kuaishou-W (01024), iFLYTEK (002230), Bilibili-W (09626), JD Health (06618), Kingsoft (03888), Guangguang Media (300251), Topway Information (002261), the top ten weighted stocks accounted for 57.23%.

The

Consumer Electronics ETF closely tracks the CSI Consumer Electronics Thematic Index, which selects 50 securities of listed companies related to consumer electronics whose business involves component production, complete machine brand design and production, etc., as the index sample to reflect the overall performance of the securities of listed companies with a consumer electronics theme.

According to the data, as of February 28, 2025, the top 10 weighted stocks of the CSI Consumer Electronics Theme Index (931494) are Luxshare Precision (002475), SMIC (688981), BOE A (000725), Cambrian (688256), Weir (603501), Montage Technology (688008), GigaDevice (603986), Industrial Fortune Union (601138), Goertek (002241), EVE Lithium Energy (300014), the top ten weighted stocks accounted for 53.86% of the total.

Related Products:

AI Artificial Intelligence ETF (512930);

Online Consumer ETF Ping An (159793);

Consumer Electronics ETF (561600), OTC Feeder (Class A:015894; Category C: 015895).