During the structural bull market from to , factors such as SinoUS trade frictions and global green transformation were intertwined, and technology, medicine, and new energy sectors took turns becoming the focus of the market.
China Merchants Securities believes that technological innovation is imperative in the context of economic transformation. The flagship of this round of market is the hightech industry represented by new quality macedonia phone number list productivity, namely, strategic industries such as new generation information technology, artificial intelligence, aerospace, new energy, new materials, highend equipment, biomedicine, and quantum technology.
Since , in the six phased upward rallies, the technology sector represented by ChiNext , Science and Technology Innovation , and ChiNext Index has basically exceeded the broadbased indexes such as SSE , CSI , and CSI .
Among them, the ChiNext Index has basically been in a leading position in the phased market conditions since .
Since , the interval return of ChiNext is ., while the growth rates of ChiNext Index and Science and Technology Innovation in the same period are . and ., respectively.
Chuang gathers "new quality productivity"
As we all know, the GEM is positioned as "Three Creations and Four Innovations", namely, to deeply implement the innovationdriven development strategy, adapt to the general trend of development relying more on innovation, creation, and creativity, mainly serve growing innovative and entrepreneurial companies, and support the deep integration of traditional industries with new technologies, new industries, new business forms, and new models.