Venture(US:VEMLY) Xin Lang Cai Jing·2025-05-13 03:17Core Viewpoint - The article highlights the performance and potential of the ChiNext Index and its constituent stocks, emphasizing the importance of new economy sectors and technological innovation in China's economic transformation [3][4]. Group 1: Market Performance - As of May 13, 2025, the ChiNext Index (399006) increased by 0.07%, with notable gains from stocks such as Dongfang Risheng (300118) up 15.50% and New Industry (300832) up 5.94% [3]. - The ChiNext ETF managed by Ping An (159964) showed a recent average daily trading volume of 8.83 million yuan over the past week, with its latest scale reaching 517 million yuan, marking a one-month high [3]. Group 2: Strategic Insights - The State-owned Assets Supervision and Administration Commission (SASAC) emphasized the need to develop new productive forces and optimize the layout of strategic emerging industries, focusing on major projects that align with national needs and state-owned enterprise strengths [3]. - Hai Tong Securities noted that the ChiNext aligns well with China's new economic direction, identifying technology-driven companies as future growth pillars, which are concentrated in the ChiNext market [4]. Group 3: Fund Performance - As of May 12, 2025, the ChiNext ETF managed by Ping An recorded a one-year net value increase of 11.66%, ranking among the top three in comparable funds [4]. - The management fee for the ChiNext ETF is 0.15%, and the custody fee is 0.05%, both of which are the lowest among comparable funds [4]. Group 4: Index Composition - As of April 30, 2025, the top ten weighted stocks in the ChiNext Index accounted for 50.3% of the index, with Ningde Times (300750) holding the highest weight at 19.79% [4][6]. - The top ten stocks include notable companies such as Dongfang Wealth (300059) and Huichuan Technology (300124), reflecting a diverse range of sectors within the index [6].