Venture(US:VEMLY) Xin Lang Cai Jing·2025-07-08 05:48Group 1 - A-shares indices showed strong fluctuations, with the ChiNext index rising over 2%, driven by the solar energy and computing power industries, with stocks like Daqo New Energy up over 13% and Sungrow Power up over 10% [1] - The "anti-involution" policy is expected to correct vicious competition and improve the competitive landscape in emerging industries, leading to enhanced profitability and cyclical resilience for leading companies [1][2] - Since June 24, the ChiNext index and technology leaders have outperformed, with sectors such as steel, new energy, building materials, media, communication, and electronics leading the gains [2] Group 2 - The "anti-involution" trend is seen as a key driver for a bull market, as it encourages companies to reduce capital expenditures and eliminate excess capacity, improving economic supply-demand relationships and corporate profitability [2] - AI is identified as a critical force driving the current technological revolution, creating investment opportunities across multiple industries in the A-share market [2] - The Southern ChiNext ETF (159948) closely tracks the ChiNext index, which consists of 100 large-cap, liquid stocks from the ChiNext market [2]