Core Viewpoint - The Shenzhen Stock Exchange has announced an optimization plan for the ChiNext Composite Index, leading to seven fund companies quickly submitting applications for related ETFs [1] Group 1: ETF Applications - Seven fund companies have applied for ETFs related to the ChiNext Composite Index, including Penghua Fund, Yinhua Fund, and Bosera Fund for standard ETFs, and Jianxin Fund, Huabao Fund, China Merchants Fund, and Dongcai Fund for enhanced ETFs [1] Group 2: Index Performance - The ChiNext Composite Index, which includes all stocks listed on the ChiNext board, has shown significant performance, with a cumulative increase of 55% since the "924 market" last year, including multiple single-day gains exceeding 4% [1] - Year-to-date, the index has continued its strong performance with a cumulative increase of 10%, leading the major market indices and demonstrating high returns and elasticity [1] Group 3: Index Composition - The revised ChiNext Composite Index now includes 1,316 sample stocks, covering 95% of the listed companies on the ChiNext board, with a total market capitalization coverage of 98% [1] - The optimization enhances the index's representation and improves the quality of sample stocks, better meeting the demand for capital allocation [1]
创业板综指优化编制 7家基金公司火速上报ETF