The underlying index of the ChiNext ETF E Fund (159915) has risen over 80% in the past year.

On April 16, the ChiNext Index surged over 2%, breaking through the 3600-point mark in one fell swoop and hitting a new high in nearly 11 years. As of the midday close, the ChiNext Index rose 2.66%. Among its constituent stocks, Xiec Data gained 9.61%, Tianfu Communication rose 8.6%, and Runze Technology increased 7.87%, while Lens Technology fell 12.71%, Beida Pharmaceutical dropped 1.36%, and Compass declined 1.31%. As of March 15, the ChiNext Index has risen 82.08% over the past year.

The E Fund ChiNext ETF (159915) tracks the ChiNext Index, with an average daily turnover of 3.89 billion yuan over the past month, ranking first among its peers. Its active on-market trading and strong liquidity can meet investors' large transaction needs.

On the news front, A-share CATL continued its strength in the morning session, with its intraday gain once exceeding 6%. Its total A-share market capitalization has surpassed 2 trillion yuan, jumping to the second largest in the entire market. Previously, CATL released its Q1 2026 performance, achieving quarterly operating revenue of 129.131 billion yuan, a year-on-year increase of 52.45%; net profit attributable to shareholders of the listed company was 20.738 billion yuan, a year-on-year increase of 48.52%.

On the other hand, global energy storage battery shipments in 2025 reached 71.05 GWh, up 40.84% year-on-year, while sales in March 2026 surged 115.9% year-on-year. Current industry production scheduling shows sequential improvement, with energy storage demand remaining positive. The power battery sector benefits from the global electrification trend and policy support, driving the ChiNext Index to continuously set new stage highs.

CITIC Securities believes that the valuation of the ChiNext's new energy sector is currently at a medium to low historical level, and policies clearly support the development of new quality productive forces, bringing institutional dividends to sub-sectors like photovoltaics and energy storage. It is recommended to focus on leading companies with core technological barriers and overseas expansion capabilities.

The ChiNext Index has a high proportion of emerging industries and high-tech enterprises, with outstanding growth potential, serving both as a value benchmark and an investment vehicle. According to the Shenwan secondary industry classification, batteries, communication equipment, securities, photovoltaic equipment, components, medical devices, software development, and semiconductors are among the industries with higher weightings in the index.

The E Fund ChiNext ETF (159915) continues E Fund's low-fee brand philosophy, with management fees + custody fees at a relatively low industry level of 20 BP per year.