On September 30, the GEM hashrate ETF Huaxia opened high and went low. As of press time, it was down 0.51%, with a turnover of 165 million yuan. In terms of capital flow, net subscriptions have been obtained for 7 consecutive days, with the latest scale of 826 million yuan. According to the news, on September 29, the central bank announced adjustments and improvements to a number of monetary policy instruments to lower interest rates on supplementary mortgage loans by 0.25 percentage points. The one-year mortgage supplement rate was reduced from 1.75% to 1.5%; the area of mortgage supplement support was expanded. The construction of “six networks” such as water grids, new power grids, computing power networks, next-generation communication networks, urban underground pipelines, and logistics networks is included in the field of supplementary mortgage support. CITIC Construction Investment pointed out that the computing power network is positioned as a national infrastructure, and the annual construction investment scale is expected to exceed trillion dollars, covering various aspects of computing power construction, management, scheduling, and operation. Operators, as the main force in computing power network construction, have launched token packages to explore the implementation of the C-side of token operation. According to Guolian Minsheng Securities, computing power leasing is the core bridge connecting upstream computing power hardware and downstream applications in the AI era. The business model is rising along the basic resource leasing to hierarchical subscriptions, full-link GaAs solutions and industry-specific customization levels, and profit margins are gradually increasing. It is recommended to focus on the three main lines of domestic computing power chips, supernodes and computing power services, and computing power leasing. The capital expenditure intensity of cloud vendors continues to rise, providing direct support for order fulfillment in intelligent computing services 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.

On September 30, the GEM hashrate ETF Huaxia opened high and went low. As of press time, it was down 0.51%, with a turnover of 165 million yuan. In terms of capital flow, net subscriptions have been obtained for 7 consecutive days, with the latest scale of 826 million yuan. According to the news, on September 29, the central bank announced adjustments and improvements to a number of monetary policy instruments to lower interest rates on supplementary mortgage loans by 0.25 percentage points. The one-year mortgage supplement rate was reduced from 1.75% to 1.5%; the area of mortgage supplement support was expanded. The construction of “six networks” such as water grids, new power grids, computing power networks, next-generation communication networks, urban underground pipelines, and logistics networks is included in the field of supplementary mortgage support. CITIC Construction Investment pointed out that the computing power network is positioned as a national infrastructure, and the annual construction investment scale is expected to exceed trillion dollars, covering various aspects of computing power construction, management, scheduling, and operation. Operators, as the main force in computing power network construction, have launched token packages to explore the implementation of the C-side of token operation. According to Guolian Minsheng Securities, computing power leasing is the core bridge connecting upstream computing power hardware and downstream applications in the AI era. The business model is rising along the basic resource leasing to hierarchical subscriptions, full-link GaAs solutions and industry-specific customization levels, and profit margins are gradually increasing. It is recommended to focus on the three main lines of domestic computing power chips, supernodes and computing power services, and computing power leasing. The capital expenditure intensity of cloud vendors continues to rise, providing direct support for order fulfillment in intelligent computing services 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.