Xiaomi increases AI investment to boost confidence, the Innovation ETF by E Fund rises 3.03%

As of 13:46 on March 25, the Shanghai Composite Index rose 1.19%, the Shenzhen Component Index increased 1.93%, and the ChiNext Index gained 2.02%. The sectors leading the gains include power, F5G concepts, and telecommunications services.

In terms of ETFs, InnoStar ETF E Fund (159540) rose 3.03%. The constituent stocks Baiwei Storage (688525.SH), Wangsu Science & Technology (300017.SZ), and Digital China (000034.SZ) increased over 5%. Other stocks such as North Huachuang (002371.SZ), Baoxin Software (600845.SH), Ruijie Networks (301165.SZ), Jiangbolong (301308.SZ), SMIC (688012.SH), Huaiguang Information (688041.SH), and Great Wall (000066.SZ) also saw gains.

On the news front, Xiaomi announced that its R&D investment will increase to 200 billion yuan over the next five years, with at least 60 billion yuan allocated to AI in the next three years, deeply empowering the entire ecosystem of humans, vehicles, and homes through large models. Meanwhile, Xiaomi has made breakthroughs in AI, with its March release of the MiMo-V2-Pro large model ranking among the top global tiers, and the world’s first deployment of an AI agent “Xiaomi MiKe” on mobile devices entering closed beta. This clear and substantial investment plan, coupled with significant technological progress, has directly boosted market confidence in the long-term development and commercialization of the AI industry.

Tianfeng Securities states that the iteration speed of large models is accelerating, and AI hardware and content implementation are speeding up. On the model front, Deepseek-v4 is expected to go live soon, with significant upgrades in native multimodal and agent capabilities, optimized deeply for domestic chips, improving software-hardware synergy efficiency. On the application side, Tomato has started grayscale testing of AI real-person interaction dramas, accelerating multimodal interaction capabilities in content scenarios; Qianwen plans to launch its first AI glasses at MWC 2026, extending from model competition to AI entry points and hardware ecosystems. We emphasize that technological advances in large models and the competition for AI application entry points are the main themes for the year, with optimistic expectations for breakthroughs in Agent and multimodal directions.

InnoStar ETF E Fund (159540) tracks the China Securities Index of Information Technology Innovation, which selects listed companies involved in basic hardware, basic software, application software, and information security within the information technology innovation theme from the Shanghai, Shenzhen, and Beijing stock exchanges. The index reflects the price changes of securities of companies in these fields, providing investors with relevant investment tools.