Baiwei Storage signs a billion-yuan order! The current storage cycle may be more sustainable! Huabao Fund's Innovation ETF (562030) surges 3.52% intraday.

Today (March 25) the AI industry chain is rebounding across the board. Concepts such as domestic compute power and storage chips work together to drive gains. The Huabao Xinchuang ETF (562030), focused on the field of independent and controllable information technology, sees an intraday surge of 3.52% at its peak, now up 2.35%, and is pressing for a second consecutive session of green on the daily chart!

In terms of constituent stocks, Boreedata leads with gains of more than 12%, Oriental Guoxin is up more than 9%, Baiwei Storage rises more than 8%, and other stocks such as Jiangbo Long, ZK Jiangnan, and Baoxin Software also move higher.

On the news front, favorable signals for the Xinchuang track’s three major sub-sectors appear one after another:

1、In the storage chips sector, storage leader Baiwei Storage has signed a 10-billion-yuan order, and industry conditions are expected to keep improving. Ping An Securities said that the storage industry is currently facing a critical upgrade inflection point. Overseas cloud computing providers continue to ramp up investment in AI infrastructure. As the scale of AI training and inference expands, the growth in absolute shipment volumes will follow, and the strength and durability of this storage cycle are expected to exceed the previous cycle.

2、In domestic compute power, from an official perspective, the National Data Bureau has provided a translation for Token—token, since March, the three major domestic cloud service providers, Tencent Cloud, Alibaba Cloud, and Baidu Cloud, have announced consecutive price increases, kicking off the start of an industry-wide price-hike wave. Guojin Securities said that industry conditions will spill over comprehensively from core chips into AIDC, cloud and compute power services, supporting power equipment, servers, and other links. J.P. Morgan said that the surge in usage volumes directly drives growth along the domestic compute power industry chain.

3、In cybersecurity, Tencent Qclaw enters open beta and once again boosts the “raising the dragon shrimp” hype. Worth noting is that NemoClaw from NVIDIA is building a protection mechanism, aiming to enable agents to deploy safely at scale. Hualong Securities said that in the field of AI security governance, data encryption, privacy protection, algorithm explainability, and transparency are the foundation for the healthy development of the AI industry, and a technological breakthrough is expected.

Guotai Junan Securities pointed out that the Xinchuang industry has three key characteristics: recovery in business conditions, improvements in product performance, and domestic compute power leadership. The localization rates of hardware and software are still relatively low. Over the next two years, affected by the “2+8+N policy,” relevant orders are expected to accelerate implementation, and sub-sectors such as domestic compute power can also help drive development across the entire Xinchuang industry chain.

【Rooted in independent control to safeguard national security】

Focusing on the field of independent and controllable information technology, the Huabao Xinchuang ETF (562030) and its connecting fund (A shares: 024050; C shares: 024051) passively track the CSI Xinchuang Index, which covers core links in the Xinchuang industry chain such as basic hardware, basic software, application software, information security, and external devices. The index has high growth potential and high resilience characteristics.

Note: The earlier on-exchange ticker abbreviation of Huabao Xinchuang ETF (562030) was the Xinchuang ETF Fund.

Risk disclosure: Huabao Xinchuang ETF passively tracks the CSI Xinchuang Index. The base date of the index is 2017.12.29, and it was issued on 2012.12.21. The composition of the index’s constituent stocks is adjusted in a timely manner according to the index compilation rules. Its backtested historical performance does not predict the index’s future performance. The index constituent stocks and individual stocks mentioned in this article are for display only; the descriptions of individual stocks do not constitute any form of investment advice, and they do not represent the holdings information or trading developments of any fund under the management company. The risk level of this fund assessed by the fund manager is R3—medium risk. It is suitable for balanced investors (C3) and above. For suitability matching opinions, please refer to the sales organization. Any information appearing in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, and any form of statements) is for reference only; investors must take responsibility for any investment actions they make independently. Also, any viewpoints, analyses, and forecasts in this article do not constitute any form of investment advice to readers, nor do they assume any responsibility for any direct or indirect losses arising from the use of the content of this article. Investing in funds involves risk. Past performance of a fund does not represent its future performance. The performance of other funds managed by the fund manager does not constitute a guarantee of the fund’s performance. Investors should exercise caution when investing.

MACD golden cross signal has formed—these stocks are showing strong upward momentum!

A massive amount of information and precise interpretation—on Sina Finance APP

责任编辑：杨赐