On February 24, the market opened higher but retreated before rebounding in volatile trading. All three major indices rose more than 1% by midday, with the ChiNext Index gaining 1.76%. Over 4,200 stocks advanced across the broader market. Driven by this momentum, the ChiNext 50 ETF (159949) closed the morning session up 1.95% at 1.567 yuan, with a turnover rate of 2.81% and a half-day trading volume of 662 million yuan, ranking first among similar ETFs.
The humanoid robotics industry, which gained widespread attention during the Spring Festival Gala, has reinforced market expectations for a post-holiday tech rally. According to Huajin Securities, over the past decade, technology and growth sectors have typically outperformed in the five or ten trading days following the Lunar New Year. Specifically, the industries with the most frequent top-three gains in the first five trading days include computer (5 times), electronics (4 times), communications (3 times), and media (3 times). Technology and growth sectors also dominated the top performers in the first ten trading days after the holiday.
Institutions are broadly optimistic about three main themes: the technology and growth sector, focusing on AI, robotics, and memory chips. Huachuang Securities believes that intensive industry catalysts during the holiday period could lead the technology sector to rally first. Shenwan Hongyuan similarly recommends robotics, large-scale AI models, and AI applications as key short-term structural opportunities. Galaxy Securities also notes that robotics and large-scale AI models may present structural highlights after the holiday.
The ChiNext 50 ETF (159949) offers a convenient tool for investors with long-term confidence in China's technology and growth sectors. The fund has delivered a three-year return of 36.48%, outperforming its benchmark and ranking 440th among 1,636 similar products. Investors can trade the ETF directly through stock accounts or participate via feeder funds (Class A: 160422; Class C: 160424; Class I: 022654; Class Y: 022976). For investment strategies, systematic investing or phased allocation is recommended to mitigate short-term volatility, while closely monitoring the performance of constituent stocks and relevant policy developments.
Investment risk warning: Fund investments carry risks, and caution is advised. The ChiNext 50 ETF is a product with higher risk and higher expected returns, and its net value is closely linked to the ChiNext market. Investors should carefully review the fund's legal documents, assess their risk tolerance, and make informed investment decisions.
A golden cross signal has formed in MACD indicators, indicating favorable momentum for certain stocks.
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