As of 13:18 on February 26, 2025, the Shanghai Stock Exchange Science and Technology Innovation Board Chip Index (000685) rose 2.25%, the constituent stocks Chengdu Huawei (688709) rose 16.13%, VeriSilicon (688521) rose 11.44%, Tianyue Advanced (688234) rose 10.05%, and individual stocks such as Aojie Technology (688220) and Smartway (688213) followed suit. The Science and Technology Innovation Chip ETF Bosera (588990) rose 2.17%, hitting 4 consecutive gains. The latest price is reported at 1.79 yuan, and the intraday turnover has reached 23.151 million yuan, with a turnover rate of 10.63%, and the market is actively trading.

Since its establishment in 2003, DeepSeek has focused on the development of large AI models, and has completed the iteration of a number of large models, with continuous improvement in scale, performance, and complexity. In January 2025, the company released the latest large model DeepSeek-R1 and synchronized the open-source weights, and the actual performance is benchmarked against GPT4o and other leading overseas large models, with excellent performance in tasks such as mathematics, code and natural language reasoning, and excellent performance in a number of third-party benchmarks.

Dongguan Securities said: As a major breakthrough in the field of open source AI in China, DeepSeek-R1 has the three advantages of high performance, low cost and open source, which has attracted global attention after its launch, and the number of application downloads has topped the list. DeepSeek promotes the rapid development of the AI industry through technological innovation and open source ecology, and significantly lowers the threshold for AI applications, which is conducive to the growth of total demand for computing power in the long run, while distillation technology and algorithm optimization significantly reduce the storage requirements and computing costs of models, effectively reduce the difficulty and cost of device-side deployment, and are expected to accelerate the popularization and penetration of AI intelligent terminals. It is recommended to pay attention to the related benefits of computing chips, storage, SOC, advanced packaging and so on.

The SSE STAR Market Chip Index selects securities related to semiconductor materials and equipment, chip design, chip manufacturing, chip packaging and testing from the listed companies on the STAR Market as the index sample to reflect the overall performance of the securities of listed companies in the chip industry on the STAR Market.

In the long run, as of February 25, 2025, the Science and Technology Innovation Chip ETF Bosera has risen by 12.00% in the past 1 week.

In terms of absolute return, as of February 25, 2025, since its inception, the highest monthly return of the Science and Technology Innovation Chip ETF Bosera is 23.77%, the longest consecutive rise is 3 months, the longest consecutive rise is 56.55%, the ratio of the number of rising months is 3/2, the average return of the rising month is 16.35%, the monthly profit percentage is 60.00%, the monthly profit probability is 67.59%, and the historical holding 6-month profit probability is 100.00%.

In terms of drawdown, as of February 25, 2025, the largest drawdown of Bosera this year is 3.94%, 0.30% relative to the benchmark.

In terms of fees, the Bosera management fee rate of the Science and Technology Innovation Chip ETF is 0.50%, and the custody fee is 0.10%.

The SSE STAR Market Chip Index selects securities related to semiconductor materials and equipment, chip design, chip manufacturing, chip packaging and testing from the listed companies on the STAR Market as the index sample to reflect the overall performance of the securities of listed companies in the chip industry on the STAR Market.

According to the data, as of January 27, 2025, the top 10 weighted stocks in the SSE Science and Technology Innovation Board Chip Index (000685) are SMIC (688981), Cambrian (688256), Haiguang Information (688041), China Micro Corporation (688012), Montage Technology (688008), Shanghai Silicon Industry (688126), Hengxuan Technology (688608), Jingchen (688099), China Resources Micro (688396), and Huahai Qingke(688120), the top ten weighted stocks accounted for 59.71%.

SSE STAR Chip ETF Bosera (588990), OTC Connect (Bosera SSE STAR Market Chip ETF Initiation Connect A: 022725; Bosera SSE STAR Market Chip ETF Initiation Connection C: 022726).