Venture(US:VEMLY) 2 1 Shi Ji Jing Ji Bao Dao·2025-10-21 03:42Market Overview - The Shanghai Composite Index rose by 0.63% to close at 3863.89 points, with a daily high of 3877.72 points [1] - The Shenzhen Component Index increased by 0.98% to close at 12813.21 points, reaching a high of 12948.32 points [1] - The ChiNext Index saw a rise of 1.98%, closing at 2993.45 points, with a peak of 3042.2 points [1] ETF Market Performance - The median return of stock ETFs was 0.53%, with the highest return from the E Fund ChiNext 50 ETF at 2.56% [2] - The highest performing industry index ETF was the China Tai Coal ETF, with a return of 4.19% [2] - The top three ETFs by return were: - E Fund ChiNext Communication Equipment Theme ETF (5.63%) - Guotai Junan China Tai Coal ETF (4.19%) - Southern ChiNext Artificial Intelligence ETF (3.9%) [4] ETF Fund Flow - The top three ETFs by fund inflow were: - Huaxia SSE 50 ETF with an inflow of 1.504 billion yuan - Huatai-PB CSI 300 ETF with an inflow of 962 million yuan - Southern CSI 500 ETF with an inflow of 896 million yuan [6] - The top three ETFs by fund outflow were: - Huazhong ChiNext 50 ETF with an outflow of 1.042 billion yuan - GF Securities New Energy Vehicle Battery ETF with an outflow of 491 million yuan - ICBC Credit Suisse SSE ChiNext 50 ETF with an outflow of 433 million yuan [6] Financing and Margin Trading - The top three ETFs by financing buy-in were: - Huaxia SSE ChiNext 50 ETF with 565 million yuan - Guotai Junan CSI All-Share Securities Company ETF with 433 million yuan - E Fund ChiNext ETF with 371 million yuan [8] - The top three ETFs by margin sell-out were: - Southern CSI 500 ETF with 34.0658 million yuan - Huatai-PB CSI 300 ETF with 24.5475 million yuan - Guotai Junan CES Semiconductor Chip Industry ETF with 20.7966 million yuan [9] Institutional Insights - First Shanghai Securities is optimistic about the sustained high growth of computing power demand driven by AI applications, anticipating a breakthrough in domestic computing power capacity by 2026 [10] - Galaxy Securities believes the computing power sector is still in the performance realization phase, maintaining a positive outlook on related industries such as PCB, domestic computing power, IP licensing, and chip inductors [10]