ChiNext Index Surges Over 4%; AI ETF (159246) Jumps More Than 6% in Early Trading

Deep News04-08 15:52

On April 8, China's A-share market experienced a broad rally, with the three major indices collectively strengthening in the morning session. The ChiNext Index stood out with a gain of over 4%, leading the gains and demonstrating strong rebound momentum. The Shanghai Composite Index also rose 1.59%, reflecting a notable improvement in market sentiment.

Among related ETF products, the FG ChiNext Artificial Intelligence ETF (159246) surged more than 6% at one point during early trading. By 10:25, it was up 5.85%, with trading volume exceeding 70 million yuan, significantly higher than the previous day. Key constituent stocks, including BlueFocus, Yeahka, and Insigma Technology, rose more than 10%, while Hand Information Technology and Wangsu Science & Technology also advanced.

On the news front, a reversal in U.S.-Iran tensions triggered a rally in Asia-Pacific markets. Analysts suggest that late April will be a critical window for marginal improvements in both domestic and international conditions. After external shocks subside, market focus in mid-to-late April is expected to shift to sectors with strong first-quarter earnings growth. Based on current data, resource sectors such as non-ferrous metals and petroleum and petrochemicals, as well as industries like new energy, optical communication, and the semiconductor supply chain, are likely to report the most impressive earnings growth.

The FG ChiNext Artificial Intelligence ETF (159246) tracks the ChiNext Artificial Intelligence Index and follows a 20% daily price fluctuation limit. The index selects 50 companies from ChiNext-listed firms, covering businesses in AI-related areas such as computing and network equipment, data and software services, and application scenarios. It provides comprehensive exposure to the entire AI industry chain—hardware, software, and applications—while emphasizing leading companies in communication equipment and optical modules. Investors without stock trading accounts can access the fund through its feeder fund (Class A: 024662; Class C: 024663).

A MACD golden cross signal has formed, indicating positive momentum for several stocks.

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