Venture(US:VEMLY) Ge Long Hui A P P·2025-09-05 02:14Core Viewpoint - The A-share market showed mixed performance with the ChiNext Index rebounding strongly by 2.26%, driven by significant gains in the new energy sector and supportive government policies for the electronic information manufacturing industry [1] Group 1: Market Performance - The ChiNext ETF (159915) surged by 2.44%, leading the market's broad-based indices [1] - Despite a continued decline in the AI hardware sector, the new energy industry chain experienced a robust rally, with companies like Xian Dao Intelligent hitting a 20% limit up and Sunshine Power rising by 12% to reach a historical high [1] Group 2: Policy Developments - Relevant authorities issued the "Action Plan for Stable Growth in the Electronic Information Manufacturing Industry (2025-2026)", targeting an average growth rate of around 7% for the added value of large-scale electronic equipment manufacturing [1] - The plan also includes goals for five provinces to achieve over 1 trillion yuan in revenue from the electronic information manufacturing sector, indicating a significant policy shift towards supporting high-end manufacturing [1] Group 3: Investment Opportunities - The broad-based ETF, particularly the ChiNext ETF (159915), is positioned to capture various growth hotspots due to its coverage of multiple industry leaders, showcasing a clear growth style compared to indices like CSI 300 and SSE 50 [1] - The ChiNext Index, which encompasses high-growth sectors such as new energy, pharmaceuticals, computing power, and brokerage, currently has a price-to-earnings ratio of 39 times, placing it at the lowest valuation among broad-based indices over the past decade [1]