20cm速递丨科技板块业绩率先释放，创业板50ETF国泰（159375）涨超1.3%

Group 1 - The core viewpoint is that macro policies are expected to evolve from "point improvement" to "comprehensive expansion," with the technology sector's performance leading the way [1] - The technology growth sector is showing strong performance in a liquidity-driven bull market, but a style rebalancing is a typical characteristic of the mid-stage of a bull market [1] - The Guotai Junan Securities' report highlights that the current A-share technology sector has not yet reached an overvalued level of 15%+, indicating potential for continued focus on AI application performance in the coming year [1] Group 2 - The ChiNext 50 ETF (159375) tracks the ChiNext 50 Index (399673), which has a daily fluctuation limit of 20%, and selects 50 securities with large market capitalization and good liquidity from the ChiNext market [1] - The index covers high-growth technology and emerging industry sectors, including electric power equipment and biomedicine, reflecting the overall performance of core quality enterprises in the ChiNext market [1] - The constituent stocks of the index exhibit characteristics of large and mid-cap stocks, with outstanding profitability and sustained growth potential [1]