Cloud Computing ETF Penghua closes in the green in the morning session, with institutions stating that the AI cloud service industry is expected to maintain high prosperity.

On the news front, starting in late February this year, search volume for the term “Token” has clearly surged, reaching a peak of 77,000 searches in a single day—1850% higher than the average daily search volume last year. The explosion in token usage calls has increased demand for the underlying computing power support, directly driving up the prices of compute-related services as well. In March, China’s three major cloud providers consecutively raised the prices of their AI compute products, with price increases of around 30% within ten days. On social platforms, from March 1 to March 20, nearly 600,000 people participated in discussions about Token.

CITIC Securities pointed out that recently, OpenClaw upgraded from a breakout open-source tool into a phenomenon-level AI product. Leveraging GitHub’s rapid growth in star data, a massive number of visitors, and more than 5,000 derivative plugins, it has built a high-stickiness developer ecosystem, and has also led cloud providers to launch customized bundled services, fundamentally changing the original billing model. At the same time, the product has driven exponential growth in Token consumption in agent scenarios, triggering a surge in compute costs. In response, major global cloud providers and AI platforms have rolled out measures such as price hikes and access restrictions. In China and abroad, AI compute and storage product price increases have been significant. And judging from the latest financial reports, domestic leading cloud providers’ performance has continued to trend favorably, with leading companies also continuously increasing capital investment in the AI field. The AI cloud services industry is expected to maintain high momentum.

As of March 30, 2026, 11:30, the CSI Cloud Computing and Big Data Theme Index (930851) was up 0.27%. Among its constituent stocks, Yun Sai Zhilians (10.00%) was up, BaoXin Software (8.87%) was up, DataPort (3.86%) was up, Huanhuan New Net (3.23%) was up, and NewyiSait (2.93%) was up. The Huapeng Cloud Computing ETF (159739) was up 0.32%, with the latest price at 1.58 yuan.

The Huapeng Cloud Computing ETF tightly tracks the CSI Cloud Computing and Big Data Theme Index. The CSI Cloud Computing and Big Data Theme Index selects 50 listed-company securities whose businesses involve providing cloud computing services, big data services, and the hardware equipment related to the above services as index samples, to reflect the overall performance of listed companies in the cloud computing and big data theme.

Data shows that, as of February 27, 2026, the top ten weight stocks of the CSI Cloud Computing and Big Data Theme Index (930851) are iFlytek, Runze Technology, Kingsoft Office, Inspur Information, AMAX (Midway), Inspur, NewyiSait, Tsinghua Unisplendor, Wuhan Nets Technology, and TuoWei Information. The combined share of the top ten weight stocks is 48.14%.

Huapeng Cloud Computing ETF (159739), over-the-counter fund connection (A: 021090; C: 021091; I: 022882).