Despite mixed market performances today, the AI sector remains robust, with active advancements in East Data West Computing, storage chips, computing power, and rights authentication. As of press time, China Securities AI ETF FG (589380) gained 3.68% intraday, China Securities Chip ETF FG (588810) rose 3.39%, and Chip Leader ETF (516640) increased by 2.64%. Among the constituents of China Securities AI ETF FG, VeriSilicon Microelectronics surged over 18%, while Cambricon Technologies climbed more than 6%.
On the news front, the weaker-than-expected August non-farm payroll data indicated softening in the U.S. labor market, further fueling expectations for interest rate cuts. According to the CME FedWatch Tool, the probability of a rate cut has reached 100%, with a 90% chance of a 25-basis-point reduction. Financial markets have nearly reached a consensus on the Federal Reserve’s monetary policy adjustments, shifting sentiment toward optimism. Against this backdrop, the tech sector may benefit from improved external liquidity.
Additionally, the National Development and Reform Commission stated in a People’s Daily article that efforts will be made to enhance the innovation and development environment for AI applications. This includes increasing financial and fiscal support for the AI sector, improving risk-sharing and investment exit mechanisms, and further stimulating vitality in AI investment and financing markets.
China Securities AI ETF FG (589380) tracks the STAR AI Index and operates under a 20% daily price limit. It covers upstream computing chips, midstream large-model cloud computing, and downstream applications like robotics within the AI industry chain. Focused on high-growth sectors such as semiconductors and computers, it particularly emphasizes digital chip design, which accounts for over half of its weighting, providing a comprehensive reflection of the overall performance of AI enterprises on the STAR Market. Off-exchange investors can explore opportunities through AI ETF FG Link (Class A: 024763; Class C: 024764).
