Venture(US:VEMLY) Xin Lang Cai Jing·2025-12-24 08:25Group 1: Market Performance - The A-share market experienced a rebound on December 24, with the Shanghai Composite Index achieving six consecutive days of gains, and the ChiNext Index rising by 0.77% [2][7] - The ChiNext 50 ETF (159949) increased by 0.59%, closing at 1.539 CNY, with a turnover rate of 5.05% and a transaction volume of 1.377 billion CNY, making it the top performer among similar ETFs [2][7] Group 2: Fund Flow and Liquidity - Over the past 20 trading days, the ChiNext 50 ETF (159949) saw a net inflow of 333 million CNY, with a net inflow of 880 million CNY in the last 5 trading days [1][8] - As of December 24, the cumulative transaction amount for the ChiNext 50 ETF over the past 20 trading days reached 32.213 billion CNY, with an average daily transaction amount of 1.611 billion CNY [1][8] Group 3: Institutional Insights - Analysts from various institutions predict a gradual upward trend in the A-share market, driven by improved liquidity and risk appetite, alongside favorable domestic policy expectations [9][10] - The focus is expected to remain on technology growth sectors, with artificial intelligence and computing power leading the market [10] Group 4: Fund Performance - The ChiNext 50 ETF (159949) was established on June 30, 2016, and has achieved a cumulative return of 52.76% over the past three years, outperforming its benchmark [11] - The latest circulating scale of the fund is 27.186 billion CNY as of December 23, 2025, managed by Xu Zhiyan [11]