Double the share of 50 ETFs on the ChiNext board【Venice,Money making app,BlackJack Games】

Although the ChiNext 50 Index is in the process of adjustment, its basic orientation is good and its long-term investment value is outstanding, 

which has attracted some funds to layout in advance.

The profit level of the ChiNext remains at a high growth rate, and according to Wind Information, the net profit of the ChiNext 50 Index in the third 

quarter increased by 29.37% year-on-year. In the long run, the 

profit growth of the ChiNext 50 Index has been rapid in the past few years. The profit growth of the ChiNext 50 Index in 2020 was 72%, 37% in 2021,

 and 19% in 2022.

Market participants believe that with the support of profitability resilience, the valuation resilience of low end sectors is stronger, and the core asset 

valuation of the ChiNext, represented by the ChiNext 50 Index,

 has a higher cost-effectiveness. Underestimation and high profitability are attracting funds. In the downward cycle of the ChiNext, the share of 50ETF

 on the ChiNext continues to grow. Data shows that as of October

 20th, the fund has 22.6 billion shares, an increase of 11.4 billion shares compared to the 10.9 billion shares at the beginning of the year, with a growth 

rate of over 100%.

The ChiNext 50 Index was jointly compiled by Huaan Fund and Shenzhen Securities Information Company. During the preparation process, the stock 

selection method of the US Nasdaq Index was referenced, 

and the agriculture, forestry, animal husbandry, and fishery sectors with low correlation with the technology growth attributes of the ChiNext were 

excluded. This exclusion made the technology innovation 

characteristics of the index more prominent, aiming to depict the market trends of the 50 emerging technology stocks with large market capitalization

 and good liquidity on the ChiNext. The index is mainly 

distributed in industries such as new energy vehicles, photovoltaics, biopharmaceuticals, electronics, and the internet, and has always been regarded 

as a new core asset.