Venture(US:VEMLY) Sou Hu Cai Jing·2025-07-30 13:11Group 1 - The core viewpoint of the article highlights the performance and characteristics of various indices tracking the Sci-Tech Innovation Board and the Growth Enterprise Market, emphasizing their focus on high market capitalization and liquidity stocks in emerging industries [3][4]. - The Sci-Tech Innovation Board 50 Index consists of 50 stocks with significant "hard technology" characteristics, where over 60% are in the semiconductor sector, and more than 75% are in medical devices, software development, and photovoltaic equipment [3]. - The index has experienced a rise of 1% today, with a rolling price-to-earnings (P/E) ratio of 147.9 times since its inception [3]. Group 2 - The Growth Enterprise Market ETF tracks an index composed of 100 stocks with high market capitalization and liquidity, with a significant focus on strategic emerging industries, where over 55% are in electric equipment, pharmaceuticals, and electronics [3]. - The index has seen a decline of 1.6% today, with a rolling P/E ratio of 35.7 times since its inception [3]. - The Sci-Tech Innovation and Growth Enterprise ETF tracks the CSI Sci-Tech Innovation and Growth 50 Index, which includes 50 large-cap stocks from both boards, with nearly 75% in emerging industries such as electric equipment, electronics, and pharmaceuticals [4]. Group 3 - The rolling P/E ratio for the Sci-Tech Innovation and Growth Enterprise Index is 47.2 times, reflecting a decline of 1.5% today [4]. - The article provides historical context for the indices, noting that the Sci-Tech Innovation Board 50 Index was launched on July 23, 2020, the Growth Enterprise Market Index on June 1, 2010, and the CSI Sci-Tech Innovation and Growth 50 Index on June 1, 2021 [4].