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指数重磅调整!刚刚,七家上报新品!
中国基金报·2025-07-11 11:03

Core Viewpoint - The optimization of the ChiNext Composite Index is expected to enhance index stability and investment value, attracting more long-term capital inflows and providing investors with transparent and high-quality investment tools in innovative sectors [2][4]. Index Optimization Details - The revised ChiNext Composite Index will implement two key mechanisms: a monthly removal rule for risk-warning stocks (ST or *ST) and an ESG negative removal mechanism for stocks rated C or below [4][5]. - After the revision, the index will include 1,316 sample stocks, covering 95% of ChiNext listed companies and 98% of total market capitalization [4]. Market Response - Following the announcement of the index optimization, seven fund companies quickly submitted applications for ChiNext-related ETFs, indicating strong market interest [6][7]. - The new products include both standard and enhanced ETFs, which are expected to improve liquidity and provide innovative investment tools [7]. Performance Metrics - As of July 10, 2025, the ChiNext Composite Index has seen a cumulative increase of 197% since its inception, with an annualized return of 8% [8]. - The index's valuation stands at 63.92 times, which is below the historical median, suggesting potential for future growth [8]. Long-term Investment Value - Institutions are optimistic about the long-term investment value of the ChiNext Composite Index, citing its balanced industry structure and strong growth attributes [10]. - The index is expected to benefit from ongoing government support for emerging growth enterprises, enhancing its appeal to investors [10].