ChiNext Index fluctuates at low levels, with the index down over 2%, ChiNext ETF E Fund (159915) sees net purchases of approximately 260 million shares in half a day

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As of midday close, the ChiNext Index fell by 2.4%, the ChiNext Growth Index dropped by 2.7%, and the ChiNext Mid-cap 200 Index declined by 2.8%. Wind data shows that the ETF on the ChiNext Board, E Fund (159915, Connect Fund A/C/Y: 110026/004744/022907), had a net subscription of approximately 260 million units in the first half of the day.

Everbright Securities stated that the overall A-share market in March is likely to continue its oscillating and slightly strong trend. The sustainability of the spring market has not been fundamentally affected. Among the two key variables, the implementation of policies from the National Two Sessions will serve as the core catalyst for market trends, while geopolitical conflicts are only short-term emotional disturbances and unlikely to change the medium-term trajectory of the A-share market. Focus on core areas of new productive forces, especially technology growth sectors supported by Two Sessions policies, such as AI full industry chain, commercial aerospace, semiconductors, and brain-computer interfaces.

Daily Economic News

(Editor: Zhang Xiaobo)

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