Venture(US:VEMLY) Ge Long Hui·2025-11-18 03:36Group 1 - The technology sector has led a V-shaped rebound in the A-share market, with the Tianhong ChiNext ETF (159977) rising by 0.06% and attracting 26 million subscriptions during the trading session [1] - Foreign investors remain optimistic about the Chinese stock market, with Morgan Stanley predicting a moderate increase in the market next year, estimating that by the end of 2026, the Hang Seng Index, the China Enterprises Index, and the CSI 300 Index will have upward potential of approximately 4%, 4%, and 5% respectively compared to yesterday's closing [1] - The ETF funds have been actively purchasing the securities ETF (159841, C class 008591), which has seen net subscriptions for five consecutive days, accumulating a total of 577 million yuan in the last ten days [1] Group 2 - The Tianhong ChiNext ETF (159977) tracks the ChiNext Index and represents a key index for technology growth, encompassing four high-growth sectors: new energy, pharmaceuticals, computing power, and brokerage [1] - The latest scale of the Tianhong ChiNext ETF is 9.006 billion yuan, with a combined management and custody fee of 0.2%, which is among the lowest in the market [1] - The securities ETF (159841) has a current scale of 10.66 billion yuan, making it the largest and most liquid securities ETF in the Shenzhen market [1]