Venture(US:VEMLY) 2 1 Shi Ji Jing Ji Bao Dao·2025-08-29 05:31Group 1 - The market experienced a rebound on August 29, with the ChiNext Index rising by 2.34%, driven by a surge in solid-state battery concept stocks [1] - The Tianhong ChiNext ETF (159977) saw a peak increase of over 3.5% during the session, closing up 2.31% with a trading volume exceeding 98 million yuan [1][2] - As of August 28, the Tianhong ChiNext ETF (159977) has achieved a year-to-date increase of 32.94%, closely tracking the ChiNext Index, which consists of 100 representative companies from the ChiNext market [2] Group 2 - Among the constituent stocks, companies like XianDao Intelligent and CATL reached their daily limit up, with Tianfu Communication and Yiwei Lithium Energy also experiencing gains [2] - The Tianhong CSI A500 ETF (159360) closed up 1.01% with a trading volume exceeding 42 million yuan, reflecting active trading and a premium trading rate of 0.11% [2] - The Tianhong Sci-Tech Innovation Index ETF (589860) closed down 1.72% with a trading volume exceeding 30 million yuan, indicating active trading despite the decline [3] Group 3 - The Sci-Tech Innovation Index ETF (589860) closely tracks the Sci-Tech Innovation Index, covering approximately 97% of the market capitalization in the Sci-Tech board, highlighting its strong representation of small-cap hard technology companies [3] - Short-term market conditions suggest a positive feedback loop for liquidity in A-shares, potentially leading to a valuation-driven market trend [3] - Investment opportunities are identified in sectors such as TMT and biopharmaceuticals, benefiting from AI trends and market stabilization, as well as in non-bank financials and power equipment due to capacity governance [3]