深市核心指数焕新 长期价值投资的 “压舱石”更牢了

Core Insights - The Shenzhen Stock Exchange announced a sample adjustment for several indices, including the Shenzhen Component Index and the ChiNext Index, effective December 15, 2025 [2] - The adjustment will see the Shenzhen Component Index replace 17 stocks, with 7 from the main board and 10 from the ChiNext, while the ChiNext Index will replace 8 stocks [2] - The strategic emerging industries will have a significant weight in the indices, with the ChiNext Index's weight reaching 93% and the Shenzhen 100 Index's weight at 81% [2][3] Industry Performance - The manufacturing sector will represent 76% of the Shenzhen Component Index, the highest among Chinese capital market indices, with over 30% being industry champions [3] - The new sample companies in the ChiNext Index reported a 16% increase in revenue and a 24% increase in net profit year-on-year, with high-end equipment manufacturing and new energy sectors seeing net profit growth of 60% and 54%, respectively [3] - Over 80% of the Shenzhen 100 Index companies have expanded their business internationally, with a compound annual growth rate of 17% in overseas revenue over the past three years [3] Investment Trends - Nearly 60% of the companies in the Shenzhen Component Index have implemented quality and return enhancement plans, with over 30% engaging in stock buyback programs to boost market confidence [3] - The ChiNext Index includes 64 companies rated A or above in ESG, accounting for 79% of the index, indicating a strong focus on sustainable development [3] - The Shenzhen 100 Index companies have distributed a total of 302.2 billion yuan in dividends this year, representing 55% of the total dividends in the Shenzhen market, with a rolling return on equity of 12% over the past year [3]