Heavyweight stocks are all in the green! The ChiNext 50 ETF traded 2.5 billion, topping the list of similar ETFs, with brokerages supporting the technology growth market into the new year!

On October 21, all three major A-share indices closed higher. Among them, the Shanghai Composite Index rose by more than 1%, and the ChiNext Index increased by over 3%. Driven by the overall strength of the market, the ChiNext 50 ETF closed up 3.54% on the same day, at 1.463 yuan, with a turnover rate of 9.93% and a trading volume of 2.544 billion yuan, ranking first among similar ETFs in terms of trading scale. Most institutions believe that the current market still possesses upward momentum and hold an optimistic outlook for the fourth quarter and the cross-year market. The technology growth sector and cyclical directions such as non-ferrous metals remain key areas of focus. Bank of China International pointed out that the previous adjustment in the technology growth style does not constitute a signal for a style switch; on the contrary, this adjustment has created conditions for a renewed dominance in the subsequent "spring rally." Judging from the time window, the A-share "spring rally" may start as early as December. Huaan Securities stated that the market's risk appetite in October is expected to boost, and it is anticipated that the market will continue to exhibit high-level fluctuations or an upward trend. In terms of allocation, it is recommended to continue seizing offensive opportunities, as the current trend of rising has not yet ended. A new round of technology growth industry prosperity cycle, represented by AI computing power infrastructure, has been established. Although fluctuations are inevitable during the process, its position as the core main line remains solid. In addition, certain industries with prosperity or performance support are also worth paying attention to. For investors optimistic about the long-term development of China's technology growth sector, they can directly trade the ChiNext 50 ETF through a stock account or invest through linked funds