On October 20, the GEM hashrate ETF Huaxia Trading was active, rising 2% intraday and 0.24% as of midday trading, with a turnover of 202 million yuan. According to the news, Co-Creation Data, the most powerful stock in GEM computing power, announced that the subsidiary Co-Creation Intelligent Computing signed a “Computing Power Cloud Service Agreement” with the customer. The total amount is expected to be no more than 37.49 billion yuan, and the service period is 60 months. This huge order directly reflects the strong demand for computing power resources from downstream customers, and will have a positive impact on the company's operating results in the coming year. Cathay Pacific Haitong Securities said it is optimistic about segments such as computing collaboration/domestic chain/AI applications benefiting from the accelerated construction of a national integrated computing power network. In terms of domestic computing power, policy intensity and investment intensity resonate with project progress, and domestic investment and construction are expected to accelerate. Domestic daily inference tokens have reached about 500 trillion dollars, and the development of agents and long-term context reasoning places higher demands on computing power scale, operating efficiency, and cost control. Under the “National Model Guoxin” model, large domestic models are rapidly adapting to the domestic computing power ecosystem, and geospatial games accelerate the application of independent new technologies such as localization and supernodes in the “stuck neck” process. Hualong Securities believes that the domestic computing power industry is entering the performance implementation stage, and the certainty of the industrial chain has increased significantly. At the same time, industrial competition is shifting from single-chip performance to system capability. Supernodes and cluster solutions such as Mu Xi's 64-bit integrated Xijing S600 and Suiyuan Yunsui ESL64-O have been intensively released, and domestic computing power has entered the stage of clustered competition. The triple logic of performance implementation, domestic substitution, and clustering resonates, and the certainty of the domestic computing power industry chain is expected to continue to increase. It is recommended to focus on chips, servers, cloud and IDC, and computing power leasing. GEM Computing Power ETF Huaxia closely tracks the GEM Computing Power Infrastructure Index. The index focuses on the AI computing power infrastructure industry chain, and is a convenient tool to lay out the core links of computing power hardware with one click.
Zhitongcaijing · 3d ago
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On October 20, the GEM hashrate ETF Huaxia Trading was active, rising 2% intraday and 0.24% as of midday trading, with a turnover of 202 million yuan. According to the news, Co-Creation Data, the most powerful stock in GEM computing power, announced that the subsidiary Co-Creation Intelligent Computing signed a “Computing Power Cloud Service Agreement” with the customer. The total amount is expected to be no more than 37.49 billion yuan, and the service period is 60 months. This huge order directly reflects the strong demand for computing power resources from downstream customers, and will have a positive impact on the company's operating results in the coming year. Cathay Pacific Haitong Securities said it is optimistic about segments such as computing collaboration/domestic chain/AI applications benefiting from the accelerated construction of a national integrated computing power network. In terms of domestic computing power, policy intensity and investment intensity resonate with project progress, and domestic investment and construction are expected to accelerate. Domestic daily inference tokens have reached about 500 trillion dollars, and the development of agents and long-term context reasoning places higher demands on computing power scale, operating efficiency, and cost control. Under the “National Model Guoxin” model, large domestic models are rapidly adapting to the domestic computing power ecosystem, and geospatial games accelerate the application of independent new technologies such as localization and supernodes in the “stuck neck” process. Hualong Securities believes that the domestic computing power industry is entering the performance implementation stage, and the certainty of the industrial chain has increased significantly. At the same time, industrial competition is shifting from single-chip performance to system capability. Supernodes and cluster solutions such as Mu Xi's 64-bit integrated Xijing S600 and Suiyuan Yunsui ESL64-O have been intensively released, and domestic computing power has entered the stage of clustered competition. The triple logic of performance implementation, domestic substitution, and clustering resonates, and the certainty of the domestic computing power industry chain is expected to continue to increase. It is recommended to focus on chips, servers, cloud and IDC, and computing power leasing. GEM Computing Power ETF Huaxia closely tracks the GEM Computing Power Infrastructure Index. The index focuses on the AI computing power infrastructure industry chain, and is a convenient tool to lay out the core links of computing power hardware with one click.
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