AI technology is accelerating its penetration into various industries, significantly increasing the demand for computing power. The Huabao Artificial Intelligence ETF on the Growth Enterprise Market closed up 1.74%.

On June 24, the ChiNext Artificial Intelligence ETF Huabao closed up 1.74%, with a trading volume of 1.04 billion yuan. Component stocks saw strong gains, with Runze Technology up 5.94%, Ennople New Network up 5.40%, Allwinner Technology up 4.49%, and companies like Wangsu Technology and Beijing Junzheng also rising. On the news front, the 2025 Global Digital Economy Summit will be held on July 2 at the National Convention Center. The conference will feature a special event called "First Release and Debut" showcasing new technologies, products, and solutions, and will host 46 special forums focusing on emerging areas such as the integration and application of artificial intelligence and digital security. Hualong Securities stated that AI technology is rapidly penetrating various industries, leading to a significant increase in demand for computing power. At the same time, Chinese internet companies are actively laying out AI infrastructure, with Alibaba planning to invest over 380 billion yuan in the next three years, and Baidu and Tencent seeing a year-on-year increase of 41% and 89% respectively in their expenditures in the first quarter of 2025. These trends indicate that the demand for AI-related hardware and network facilities will continue to grow.