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A standout performer, the ChiNext—“China’s Nasdaq”—now has its top 7 holdings accounting for 48% of the index, comparable to the MAG 7.

A standout performer, the ChiNext—“China’s Nasdaq”—now has its top 7 holdings accounting for 48% of the index, comparable to the MAG 7.

Concentration of weight rivals MAG7, valuation and profitability both lead the way—the ChiNext Index is accelerating its transformation into the “Chinese version of the Nasdaq.” With continued prosperity in computing power and energy storage, and the increasing group effect of leading tech companies going global, the ChiNext Index'
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The Shanghai Index rose by 0.5%, the Beijing 50 surged by 3%, fiber optic concept stocks exploded, AI computing power was active, the Hang Seng Tech Index rose by 0.3%, and semiconductors rallied.

The Shanghai Index rose by 0.5%, the Beijing 50 surged by 3%, fiber optic concept stocks exploded, AI computing power was active, the Hang Seng Tech Index rose by 0.3%, and semiconductors rallied.

``` On April 20th, A-shares fluctuated and diverged, with the Shanghai Composite Index and Shenzhen Component Index rising in the morning session. The ChiNext Index initially fell but then continued to climb and has now turned positive. Stocks related to computing power hardware were active, and sectors like liquid-cooled servers and
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