Runhe Software surged over 4%, the Software ETF Huitianfu (159590) rose nearly 2%, with funds flowing in real-time following the market trend during the session.

On April 22, the market moved within a narrow range, with major stock indices mixed. In terms of sectors, computing power and software led the gains. Among popular ETFs, the Software ETF Huatianfu (159590) rose nearly 2% at one point, with real-time net inflows of 2.5 million shares during the session! Among the fund's underlying index constituents, Kingsoft surged to the daily limit, Thundersoft and Runhe Software rose over 4%, Tuowei Information rose over 3%, Hundsun Electronics, Baoxin Software, Torsion, and others also advanced.

On the policy front, recently, relevant authorities issued the "Opinions on Promoting the Expansion and Quality Improvement of the Service Industry." Software and information services, as one of the important industries, saw its industrial software mentioned multiple times. This includes deepening the implementation of the "AI+" action, accelerating the R&D and use of intelligent programming tools, supporting the procurement of large models and agent services; accelerating breakthroughs in industrial software innovation, and building compatibility adaptation and application demonstration centers for industrial software in key industries.

On the industry level, according to reports, DeepSeek is in its first external capital negotiations. Previously, DeepSeek announced that its next-generation flagship model, DeepSeekV4, will run entirely on Huawei's Ascend 950PR chip, with the technical architecture fully transitioning from CUDA to the CANN framework. DeepSeekV4's comprehensive "chip replacement" achieves complete autonomy and controllability from hardware to software.

A Shanghai Securities research report points out that third-party evaluations show that the single-card inference performance of the Ascend 950PR reaches 2.87 times that of NVIDIA's specially supplied H20 chip. Huawei's CANN framework has achieved over 95% compatibility with CUDA code. Assisted by a one-click migration tool, code refactoring has been shortened from "months" to "hours," fully expanding the domestic computing power ecosystem. DeepSeek V4's comprehensive "chip replacement" achieves complete autonomy and controllability from hardware to software, marking that domestic AI chips are accelerating from "usable" to "easy to use." The construction of domestic AI servers will accelerate and scale up, and demand will deterministically increase with the expansion of domestic computing power investment.

Software is the core, one-click layout for autonomy and controllability + the AI wave. The Software ETF Huatianfu (159590) closely tracks the CSI All Share Software Index, enabling a one-click layout of the entire software industry chain. The index selects 50 constituent stocks, with approximately 46.5% weight in application software, 13.3% in emerging computer software, and 11.9% in cloud software services. (CITIC three-level industry distribution)