Group 1 - The core viewpoint of the article highlights that the ChiNext Growth ETF has seen a continuous increase since April 9, with a cumulative rise of nearly 40%, outperforming the ChiNext Index by 3 percentage points during the same period [1] - As of the time of reporting, the ChiNext Growth ETF rose by 1.97%, reaching a new recent high [1] - From a valuation perspective, the TTM price-to-earnings ratio of the ChiNext Growth Index is currently 35.72 times, which is in the 34th percentile over the past 10 years, indicating it is in a relatively undervalued area and has a strong cost-performance ratio for allocation [1] Group 2 - Historical data shows that during bull market phases for the ChiNext, the Growth Index tends to outperform the ChiNext Index, making it a suitable index product for positioning during such market phases [1] - The related ETF mentioned is the ChiNext Growth ETF with the code 159967 [1]