Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-08-18 04:45Group 1 - The ChiNext Index continued its strong upward trend, rising by 3.63% in early trading on August 18, surpassing the 2600-point mark and reaching a new high since February 15, 2023 [1] - The liquid cooling server concept gained strength, and computing hardware stocks performed actively [1] - The low-fee ChiNext ETF managed by Guangfa (159952) rose by 3.65%, ranking among the top in trading activity, with a management fee rate of 0.15% and a custody fee rate of 0.05%, making its total fee the lowest in the market [1] Group 2 - The ChiNext ETF closely tracks the ChiNext Index, which is currently favored by the market due to its focus on growth style and relatively low valuation [1] - As of August 17, the latest price-to-earnings ratio (PE) of the ChiNext Index was 36 times, indicating a valuation below 76% of its historical levels, suggesting good value for investment [1] - The top three industries in the ChiNext ETF are power equipment (28%), electronics (14%), and communications (13%), with leading companies like CATL (18.3% weight), Zhongji Xuchuang (5.1%), and Xinyi Technology (4.5%) [1] Group 3 - Securities firms are generally optimistic about the market outlook, with policies supporting and new growth drivers emerging, indicating a "healthy bull" market [2] - The proportion of household deposits allocated to A-shares remains low, suggesting ample space and opportunities in the mid-term A-share market [2] - The computing power sector is experiencing multi-dimensional resonance, with clear investment opportunities in infrastructure such as optical modules [2]