As of 10:04, the Digital Economy ETF (159658) has risen 0.71% today, with turnover continuing to expand and the market trading active. The relevant index, the CSI Digital Economy Thematic Index, is now up 0.63%.
Image source: Wind
Among the index constituents, iFLYTEK rose 3.62%, and individual stocks such as Shiji Information, Guanglianda, and Weining Health followed suit.
Image source: Wind
The CSI Digital Economy Theme Index selects the securities of listed companies in application fields related to digital economy infrastructure and high degree of digitalization from the Shanghai and Shenzhen markets as the index sample to reflect the overall performance of the securities of listed companies with digital economy themes in the Shanghai and Shenzhen markets.
The data shows that as of June 6, 2023, the top ten weighted stocks in the index are Hikvision, Oriental Wealth, iFLYTEK, Huichuan Technology, Kingsoft Office, NAURA Innovation, AMEC, GigaDevice Innovation, Weier Co., Ltd., and Hang Seng Electronics, with the sum of the top ten being 51.5%. (Data source: China Securities Index Company, as of June 6, 2023, the constituent stocks of the index do not represent individual stock recommendations)
Source: China Securities Index Company
From the perspective of the secondary industry classification of CSI, the top ten weighted stocks of the CSI Digital Economy Theme Index mainly involve electronics, computers, semiconductors and other fields.
CITIC Securities pointed out that after the catalysis of ChatGPT and AI concepts in the first quarter, the current affairs hot spots on semiconductor demand will provide a boost to the recovery of the industry, and it is expected that the sequential recovery trend will continue, and the recovery of consumer electronics demand in the second half of the year and the long-term AI pull on computing power and storage demand will become key driving factors.
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for the cloud.