The K-Innovation 100 Index Surges, AI+Web3 Synergistic Valuation Resonance Fuels Interest in K-Innovation 100 ETF (588190)

The K-Innovation 100 Index Surges, AI+Web3 Synergistic Valuation Resonance Fuels Interest in K-Innovation 100 ETF (588190)On September 5, 2024, the K-Innovation 100 Index surged strongly. In terms of performance, Rui Chuang Micro-Nano led the rally with a gain exceeding 7

The K-Innovation 100 Index Surges, AI+Web3 Synergistic Valuation Resonance Fuels Interest in K-Innovation 100 ETF (588190)

On September 5, 2024, the K-Innovation 100 Index surged strongly. In terms of performance, Rui Chuang Micro-Nano led the rally with a gain exceeding 7.4%, followed by Rongchang Bio, Huitai Medical, and Hemai Shares. The K-Innovation 100 ETF (588190) garnered significant market attention with real-time trading volume surpassing 49.58 million yuan.

The K-Innovation 100 ETF (588190) tracks the K-Innovation 100 Index (000698.SH), encompassing a range of constituent stocks from areas such as consumer electronics semiconductors, healthcare innovation, and more. It boasts strong capabilities in technology export. Currently, the price-to-earnings ratio stands at 122.50, representing a historical low and offering attractive value for allocation.

Huayuan Securities pointed out that in terms of AI, large models are undergoing rapid iteration, significantly enhancing practical applications. AIPC new products have been launched recently, accelerating AI's deployment on the client side. On the Web3 front overseas, the process of regulating core crypto assets is gaining momentum. Future price fluctuations are expected to be influenced by key drivers such as Federal Reserve interest rates, spot ETF net inflows, and elections. Aspects such as exchanges, asset holding, and mining warrant close attention. The synergistic value resonance brought about by AI+Web3 operations has the potential to boost related investment targets.

Influenced by positive news in the AI and Web3 sectors, relevant segments on the K-Innovation board have exhibited active trading patterns, leading to a surge in the K-Innovation 100 Index. The K-Innovation 100 ETF (588190), as an ETF tracking the K-Innovation 100 Index, encompasses high-quality companies from areas such as consumer electronics semiconductors, healthcare innovation, and more, showcasing strong technology export capabilities.

Simultaneously, the K-Innovation 100 ETF (588190) currently enjoys a historically low price-to-earnings ratio, presenting a compelling value proposition. As the synergistic value resonance effect from AI+Web3 unfolds, the K-Innovation 100 ETF (588190) is poised for sustained growth, becoming a focus for investors.

It is essential to remember that investment carries inherent risks, and entering the market calls for prudence. Before making any investment decisions, investors should thoroughly understand the associated risks and make rational choices based on their individual risk tolerance.