Boosted by the optimistic sentiment of AI, global technology giants Nvidia, AMD, and Google have all reached historic highs, while Microsoft and Meta have hit closing highs for two consecutive days, and the Nasdaq 100 index has hit a new closing high for five consecutive days.
Affected by this, the low premium variety NASDAQ 100ETF (159659) continues to have strong funding. As of January 24th, NASDAQ 100ETF (159659) has refreshed its largest daily net inflow since its listing for three consecutive days, with a net inflow of 261 million yuan in the past four days. The latest closing premium of NASDAQ 100ETF (159659) is -0.19%, which is still the lowest among the same index products.
Since the beginning of 2024, the share of NASDAQ 100 ETF (159659) has continued to grow, with a cumulative increase of 219 million shares during the year and a range share growth rate of over 226%, ranking first among all ETFs tracking the NASDAQ 100 index; Calculated at an average transaction price of 1.349 yuan, the total net inflow of funds during the year was nearly 300 million yuan. The latest share of NASDAQ 100ETF (159659) is 316 million, with a new scale of 425 million yuan, reaching a new high since its listing.
Wind
On the news front, after Netflix and IMB released impressive financial reports, another large technology stock reported good news.
Thanks to the strong sales performance of chips, NASDAQ 100ETF (159659) constituent stock Asma's Q4 2023 and full year 2023 financial reports showed revenue and net profit growth exceeding expectations. The data shows that Asma's net sales in the fourth quarter increased by 12.5% year-on-year, reaching 7.2 billion euros, with a quarterly net booking amount of 9.2 billion euros, more than three times the order volume of the third quarter. The company's net profit in the fourth quarter increased by 12.7% year-on-year, reaching approximately 2 billion euros; The annual net sales increased by 30% year-on-year, reaching 27.6 billion euros, and the net profit reached 7.8 billion euros.
An analysis suggests that this is mainly due to the soaring demand for its most precise machines in the market, sending signals of recovery in the chip industry.
Guolian Securities pointed out that this round of technology stock market mainly benefited from the AI market catalyzed by chatGPT in early 2023, which was transmitted from midstream models to upstream computing power and downstream applications. The overall performance of the upstream computing power sector is highly certain, with stock prices showing a steady upward trend and a relatively high increase.
CITIC Securities stated that artificial intelligence technology enhances labor productivity and overall competitiveness of enterprises, and also has important strategic significance for the development of national industries. Artificial intelligence technology in the United States has made rapid progress, possessing the ability to create multimodal large models and nurturing many excellent applications. The artificial intelligence industry is currently in a stage of rapid development, with continuous and rapid iteration of basic large model capabilities and their applications. Sustainable focus on AI related US stock technology companies.
"Global Technology Leader Wind Vane" - NASDAQ 100ETF (159659)
As one of the representative market indexes in the US market, the NASDAQ index is also called the "US tech index". The NASDAQ 100 index is based on the NASDAQ index and refined with essence. It selects 100 non-financial companies as constituent stocks, and calculates the index according to the corresponding index compilation rules on the basis of market capitalization weighting, reflecting the overall market of NASDAQ or the trend of US high-tech.
The NASDAQ 100 ETF (159659) closely tracks the NASDAQ 100 index, efficiently lays out high-quality overseas technology stocks, and has over-the-counter linked funds (Class A: 019547, Class C: 019548) for off exchange investors to choose from.
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The performance of the Nasdaq 100 index in the past five years has been 37.96% (2019), 47.58% (2020), 26.63% (2021), -32.97% (2022), and 53.81% (2023), respectively. The NASDAQ 100 Index is compiled and published by NASDAQ Stock Market Corporation. The index compilation party will take all necessary measures to ensure the accuracy of the index, but does not make any guarantees, nor is it responsible to anyone for any errors in the index. The past performance of the index does not represent its future performance, nor does it constitute a guarantee of fund investment returns or any investment advice.