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Wanda Information led the decline of more than 4%, and the shock pullback of artificial intelligence ETF (159819) is now down 1.34%

As of 10:05, the artificial intelligence ETF (159819) has fallen 1.34% today, with a turnover of more than 77.35 million yuan, and the market is actively trading. The data shows that the fund has received net inflows in 9 of the past 10 trading days, with a total net inflow of more than 700 million yuan.

Wanda Information led the decline of more than 4%, and the shock pullback of artificial intelligence ETF (159819) is now down 1.34%

Source: Wind, as of June 8, 2023

The AI ETF (159819) closely tracked the CSI AI Thematic Index, which fell 1.18%. Among the index components, Baoxin Software rose 4.6%, and individual stocks such as China Science and Technology Chuangda and Stone Technology followed suit; Wanda Information fell 4.3%, and individual stocks such as Hengxuan Technology and 360 followed suit.

Wanda Information led the decline of more than 4%, and the shock pullback of artificial intelligence ETF (159819) is now down 1.34%

Source: Wind, as of June 8, 2023

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

Wanda Information led the decline of more than 4%, and the shock pullback of artificial intelligence ETF (159819) is now down 1.34%

Source: China Securities Index Company, as of June 7, 2023

As of June 7, 2023, the top 10 weighted stocks of the index include iFLYTEK, Hikvision, Weier Shares, Unigroup Shares, Zhongke Shuguang, Montage Technology, etc., with the sum of the top 10 being 48.49%. (Data source: China Securities Index Company, index constituent stocks do not represent individual stock recommendations)

Great Wall Securities analysis believes that artificial intelligence continues to heat up, and the industry has entered a stage of rapid development. Driven by both policies and markets, the scale of China's and even the global artificial intelligence market continues to expand. At present, artificial intelligence computing power continues to make breakthroughs, and the GPU field may benefit from the growth of computing power demand. Artificial intelligence in the mainland presents a development trend of strong policy support, gradual landing of commercial application, and accelerated innovation and upgrading of industrial technology, and the development potential of the industry is huge. According to the current distribution of AIGC industry chain, computing power and middle-layer enterprises have greater development opportunities.

Focus on AI ETFs (159819), OTC Connections (Class A: 012733; Category C: 012734).

The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for the cloud.

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