Venture(US:VEMLY) Xin Lang Cai Jing·2025-09-23 05:13Group 1 - The ChiNext Index experienced fluctuations, with a peak increase of over 1% before a pullback of 1.75% as of September 23, 2025 [1] - Leading stocks included Changchuan Technology, which surged by 20.00%, followed by Teruid and XianDao Intelligent with increases of 13.85% and 4.31% respectively [1] - The 2025 Yunqi Conference will be held from September 24 to 26 in Hangzhou, focusing on topics such as large models, AI applications, and infrastructure [1] Group 2 - Huatai Securities noted that the current market's sustainability relies on positive feedback from the funding environment, which remains active [1] - The report emphasized that the profitability effect is crucial for the continuation of positive feedback in the funding environment, with current market consolidation probabilities remaining high [1] - Overseas liquidity and geopolitical issues are improving, while domestic fundamentals are on an upward trend, maintaining a mid-term bullish outlook for the market [1] Group 3 - Guosheng Securities highlighted significant volatility in the optical communication sector, but strong demand and large orders in the overseas AI computing power sector indicate a solid fundamental outlook for the optical module industry [2] - The emotional adjustments in the short-term market provide better investment opportunities, with a long-term positive outlook for the optical module sector [2] - The ChiNext ETF closely tracks the ChiNext Index, which consists of 100 stocks with high market capitalization and liquidity, reflecting the performance of the ChiNext market [2]