As of 13:23 on December 21, 2023, the ChiNext 50 Index (399673) is strong**199%, constituent Kunlun Wanwei (300418)**1039%, Risen Energy (300118)**656%, Zhongji Innolight (300308)**577%, Jinlang Technology (300763), CATL (300750) and other ** followed. GEM 50 ETF (159949)**201%, the latest price quoted at 076 yuan, the intraday turnover has reached 48.2 billion yuan, temporarily comparable ETF 1 3, turnover rate 274%。
From the perspective of net inflows, the GEM 50 ETF has received continuous net inflows of funds in the past 8 days, with the highest single-day net inflow of 1The net inflow of 8.4 billion yuan totaled 78.8 billion yuan, with an average daily net inflow of 9850360,000 yuan.
The data shows that leveraged funds continue to be deployed. The GEM 50 ETF has received a net amount of leveraged funds for 7 consecutive days, with the highest single-day gain of 2079360,000 yuan net**, the latest financing balance of 9$2.4 billion.
From a valuation perspective, the latest price-to-earnings ratio (PE-TTM) of the ChiNext 50 Index tracked by the ChiNext 50 ETF is only 2363 times, at the last 1 year 0The quantile of 41%, i.e., the valuation is lower than 99 in the last 1 yearMore than 59% of the time, at an all-time low.
The ChiNext 50 ETF closely tracks the ChiNext 50 Index, which is composed of 50 companies with a large average daily trading volume in the ChiNext market**, reflecting the overall performance of companies with high visibility, large market capitalization and good liquidity in the ChiNext market.
According to the data, as of November 30, 2023, the top ten weighted stocks in the ChiNext 50 Index (399673) are CATL (300750), Oriental Fortune (300059), Mindray Medical (300760), Inovance Technology (300124), Sungrow Power Supply (300274), Zhifei Biotechnology (300122), Aier Ophthalmology (300015), Zhongji InnoLight (300308), EVE Lithium Energy (300014), and Zhuosheng Micro(300782), the top 10 weighted stocks accounted for 6253%。
Haitong International believes that in the Fed is expected to end the interest rate hike cycle, the relative earnings gap between the growth and value index seems to have bottomed out, and the low valuation factor congestion is declining from historical highs, driven by the three factors, the next 6-12 months, the A** field may usher in a new round of growth cycle. Therefore, the Growth Enterprise Market (GEM), which "mainly serves growth-oriented innovative and entrepreneurial enterprises and supports the deep integration of traditional industries with new technologies, new industries, new formats and new models", has high investment value.
GEM 50 ETF (159949), OTC Feeder (Class A: 160422;Category C: 160424).
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for Youlian Cloud.