As of 09:40 on March 24, 2025, the SSE Science and Technology Innovation Board Artificial Intelligence Index (950180) rose 1.12%, the constituent stocks Hengxuan Technology (688608) rose 7.11%, Espressif Technology (688018) rose 3.83%, Obi Zhongguang (688322) rose 2.47%, TZTEK Technology (688003), Yuntian Lifei (688343) and other stocks followed suit. Kechuang AIETF (588790) rose 0.98%, the latest price was 0.62 yuan, and the intraday turnover has reached 34.1669 million yuan, temporarily ranking 1/5 of comparable ETFs.

On the news side, Nvidia released the Blackwell Ultra, Rubin and Rubin Ultra accelerator cards in GTC2025, showing that the area of the next two generations of accelerator cards will be further increased. The Rubin area is about twice the mask limit, and the FP4 computing power is three times that of the Blackwell Ultra. The Rubin Ultra reaches the limit of four times the reticle limit, further doubling the computing power. As the area of a single interposer is approaching the limit of eight times the reticle, Rubin Ultra adopts a package design of two interposers + I/O die, replacing the traditional large-size interposer with an ultra-large ABF substrate, reflecting the current technical challenges of large-area CoWoS packaging.

Haitong Securities believes that Huawei, Tencent and NVIDIA have recently expressed great importance to the development of AI, and Huawei has implemented a comprehensive intelligent strategy in six aspects, including the construction of computing power, the development of models, and the implementation of applications. Tencent has directly reorganized the AI team and announced that it will further increase Capex, and the release of the T1 deep thinking model also illustrates Tencent's R&D strength in the field of AI. NVIDIA has given the grand long-term goal of "100 times the computing power", judging that the development of AI is far from stopping, and major technology companies are expected to continue to increase AI investment in the future, and AI will maintain a high development rate for a long time in the future.

The STAR Market AIETF closely tracks the SSE STAR Market Artificial Intelligence Index, which selects 30 listed companies with large market capitalization that provide basic resources, technology and application support for artificial intelligence as index samples from the STAR Market, so as to reflect the overall performance of the securities of listed companies in the representative AI industry in the STAR Market.

In the long run, as of March 21, 2025, the Science and Technology Innovation AIETF has risen by 19.44% since its establishment, ranking 2/5 of comparable funds.

In terms of scale, the scale of the AIETF has increased by 520 million yuan in the past two weeks, achieving significant growth, and the new scale ranks 1/5 of comparable funds.

In terms of share, the latest share of the AIETF reached 4.255 billion, a new high since its establishment, ranking 1/5 of comparable funds.

From the perspective of net inflow of funds, the AIETF has received continuous net inflows of funds in the past three days, with the highest net inflow of 63.765 million yuan in a single day, with a total of 154 million yuan of "gold absorption" and an average daily net inflow of 51.3931 million yuan.

In terms of absolute return, as of March 21, 2025, since its establishment, the highest monthly return of the AIETF is 15.59%, the longest consecutive rise is 2 months, the longest consecutive rise is 26.17%, the ratio of the number of rising months is 1/0, the average return of the rising month is 15.59%, the monthly profit percentage is 100.00%, and the monthly profit probability is 96.97%.

In terms of drawdown, as of March 21, 2025, the largest drawdown of the AIETF since its inception was 9.54%, which was 0.36% relative to the benchmark.

In terms of fees, the management fee of the AIETF is 0.50%, and the custody fee is 0.10%, which is the lowest among comparable funds.

In terms of tracking accuracy, as of March 21, 2025, the tracking error of the AIETF in the past two months is 0.019%, which is the highest tracking accuracy among comparable funds.

According to the data, as of February 28, 2025, the top 10 weighted stocks of the SSE Science and Technology Innovation Board Artificial Intelligence Index (950180) are Cambrian (688256), Montage Technology (688008), Kingsoft Office (688111), Roborock (688169), Jingchen (688099), VeriSilicon (688521), Hengxuan Technology (688608), Yuntian Lifei (688343), Yuncong Technology (688327), Zhongke Xingtu (688568), the top ten weighted stocks accounted for 68.54% of the total.

STAR AIETF (588790), OTC Connect (Bosera SSE STAR Market Artificial Intelligence ETF Initiator Connect A: 023520; Bosera SSE Science and Technology Innovation Board Artificial Intelligence ETF Initiation Connection C: 023521).