In March, the industrial added value above designated size increased by 5.7% year-on-year. The Tianhong ChiNext Composite ETF (159977) had a trading volume exceeding 10 million yuan during the session. Institutions pointed out that the ChiNext reform will boost market sentiment in the short term

In March, the industrial added value above designated size increased by 5.7% year-on-year. The ChiNext ETF Tianhong (159977) had a trading volume exceeding 10 million yuan during the session, with subscription amount reaching 4 million shares, and constituent stocks performed well. The China Securities Regulatory Commission released a reform plan for the ChiNext, adding listing standards for high-quality unprofitable companies, which boosted market sentiment in the short term. Ping An Securities believes that the reform will optimize financing and industrial development, benefiting fields such as AI and advanced manufacturing, and the current valuation offers cost-effectiveness for allocation