Today (November 26), the Big Data Industry ETF (516700), focused on data technology, surged up to 1.5% intraday and is currently up 0.6%, reclaiming its 10-day moving average and aiming for a third consecutive daily gain.

Among its component stocks, Alibaba-related Shiji Information hit the daily limit up, while Inspur Information rose over 6%, Sugon gained nearly 3%, and Sangfor Technologies, Runze Technology, and Unisplendour also posted significant gains.

On the news front, Singapore’s National AI Strategy (AISG) is undergoing a major strategic shift. In its latest Southeast Asian language large model project, it has abandoned Meta’s model in favor of Alibaba’s open-source Tongyi Qianwen (Qwen) architecture, marking a key expansion of China’s open-source AI models in the global influence landscape. Shiji Information, which hit the daily limit up, is an Alibaba-related stock providing hotel information system solutions and has deep collaboration with Alibaba Cloud.

BOC Securities noted that since 2025, the AI industry chain has seen a rotation from overseas computing power to domestic computing power, then to storage and power. In contrast, AI applications, as downstream segments, have seen limited gains and still offer high cost-performance ratios. With industry inflection points catalyzing, AI applications may experience a catch-up rally.

**Data Security Reigns Supreme, Tech Self-Reliance Strengthens** The Big Data Industry ETF (516700) passively tracks the CSI Big Data Industry Index, heavily weighted in data centers, cloud computing, and big data processing. Its top holdings include Sugon, iFLYTEK, Unisplendour, Inspur Information, China Great Wall, and China Software. Investors bullish on tech self-reliance may focus on three key catalysts: 1. High-level calls for "technology to lead the charge," with breakthroughs expected in new productive forces. 2. The top-level design of Digital China, accelerating domestic substitution and activating digital productivity. 3. Riding the wave of the IT innovation boom, with IT Innovation 2.0 likely to accelerate, broadening prospects for tech self-reliance.

Risk Warning: The Big Data Industry ETF passively tracks the CSI Big Data Industry Index, with a base date of December 31, 2012, and was launched on October 18, 2016. The index composition is adjusted per its rules, and past performance does not indicate future results. Mentioned index components are for illustrative purposes only and do not constitute investment advice or reflect fund holdings. The fund is rated R3 (medium risk) and is suitable for balanced (C3) or higher-risk investors. Investors must make independent decisions and bear all risks.

A MACD golden cross signal has formed, with several stocks performing well.