创业板综指迎升级：引入风险警示与ESG剔除机制，7家基金抢滩布局

Group 1 - Seven fund companies have quickly submitted ETF applications following the announcement of the revised ChiNext Composite Index, which aims to enhance index representation and investment quality [1][2][4] - The revised index will implement a monthly removal mechanism for stocks under risk warning and an ESG negative screening mechanism, improving sample stock quality and index investability [2][4] - The ChiNext Composite Index covers 1,316 sample stocks, representing 95% of ChiNext listed companies and 98% of total market capitalization, thus strengthening its market representation [2][4] Group 2 - The introduction of the risk warning stock removal mechanism is expected to enhance tail risk management and improve index stability [4] - The ESG negative screening mechanism will promote responsible investment and direct capital towards companies with strong governance and sustainability [4] - The upgraded index is anticipated to attract long-term capital inflows, providing investors with a more transparent and higher-quality investment tool [4][5] Group 3 - The ChiNext Composite Index has shown a cumulative increase of 55% since the "924 market" and has maintained a strong performance this year with a 10% increase [6][7] - The index has been operational for nearly 15 years, with a cumulative growth of 197% and an annualized return of 7.6% [7] - The index's sample stocks are projected to experience a revenue growth rate of 17% and a net profit growth rate of 64% in 2025, indicating enhanced profitability and financial strength [7] Group 4 - The ChiNext Composite Index is the only broad-based index covering all listed companies on the ChiNext, offering unique advantages over the ChiNext Index, including more balanced industry distribution and a complete growth tier [8] - The index's top three industries have a weight concentration of only 42.4%, significantly lower than the ChiNext Index's 53.6%, which reduces single-industry volatility risk [8] - The historical performance of the ChiNext Composite Index has outperformed the ChiNext Index by approximately 2% in annualized returns over the past decade [8]