Venture(US:VEMLY) Sou Hu Cai Jing·2025-11-28 01:03Core Viewpoint - The market has experienced significant fluctuations since October, with the ChiNext Index showing a maximum decline of over 13% from its peak, yet it remains the leader among major indices with a year-to-date increase of over 40% as of November 27 [1] Group 1: Market Performance - As of November 27, the ChiNext Index has increased by 41.5% since the beginning of the year, outperforming other major indices such as the Sci-Tech Innovation Board Index at 39.8% and the CSI 500 Index at 21.4% [2] - The ChiNext Index has consistently ranked among the top in previous bull markets, indicating its strong performance and resilience [3] Group 2: Investment Strategies - Amid market volatility, a systematic investment strategy based on market valuation is recommended, with Tianhong Fund launching a systematic investment strategy for the ChiNext Index [3] - The fund manager, Sha Chuan, initiated a systematic investment in late July and paused it in September and October due to high valuations, resuming in November as valuations declined [3][4] Group 3: Future Outlook - Analysts believe the ChiNext Index will continue to attract incremental capital, serving as a core platform for investment, especially as the A-share market enters a bull market phase [5] - The Tianhong Index Fund is leveraging AI technology to identify excess factors and optimize risk control, enhancing its product offerings in the ChiNext Index [5]