On December 24, the A-share market fluctuated and rose. The Shanghai index closed out six times, the GEM index rose 0.77%, and the commercial aerospace, computing power hardware, and Fujian sectors strengthened. Driven by this, the GEM 50 ETF rose 0.59% to close at 1.539 yuan, with a turnover rate of 5.05% and a turnover of 1,377 billion yuan, ranking first among similar target ETFs. In terms of capital flow, the GEM 50 ETF had a net capital inflow of 333 million yuan in the past 20 trading days and a net capital inflow of 880 million yuan in the past 5 trading days. Huang Hongwei, director of macro strategy at the Caixin Securities Research and Development Center, believes that with the release of economic data in November and the implementation of overseas central bank interest rate decisions, the impact of macroeconomic data on the market weakens, the impact of liquidity and risk appetite rises, compounding favorable domestic policy expectations, and A-shares are expected to gradually interpret the “spring agitation” market. Investors can gradually increase their risk appetite and focus on the direction of technological growth. Debon Securities pointed out that A-shares are expected to continue to rise slowly in 2026. The policy attaches great importance to capital market development. Medium- and long-term capital continues to enter the market to form a “ballast stone”. The macroeconomic structural highlights are prominent, and sector differentiation also provides a bargaining foundation for index stability. Looking forward to the future, it is expected that technological growth will still be the main line and become the “sharpest spear”. Driven by the national strategy of science and technology and the wave of the global AI industry, hard technology tracks such as artificial intelligence and computing power are expected to continue to lead the market. Meng Lei, a Chinese stock strategy analyst at UBS Securities, said that the A-share market recently recovered due to some short-term factors, but it is expected that short-term concerns will not change the trend of rising mid-term valuations, and global technology stocks are expected to rise further next year. For investors who have been optimistic about China's technology growth sector for a long time, the GEM 50 ETF provides a convenient and efficient investment tool. Investors can directly trade through stock accounts or invest and allocate funds through linked funds.

On December 24, the A-share market fluctuated and rose. The Shanghai index closed out six times, the GEM index rose 0.77%, and the commercial aerospace, computing power hardware, and Fujian sectors strengthened. Driven by this, the GEM 50 ETF rose 0.59% to close at 1.539 yuan, with a turnover rate of 5.05% and a turnover of 1,377 billion yuan, ranking first among similar target ETFs. In terms of capital flow, the GEM 50 ETF had a net capital inflow of 333 million yuan in the past 20 trading days and a net capital inflow of 880 million yuan in the past 5 trading days. Huang Hongwei, director of macro strategy at the Caixin Securities Research and Development Center, believes that with the release of economic data in November and the implementation of overseas central bank interest rate decisions, the impact of macroeconomic data on the market weakens, the impact of liquidity and risk appetite rises, compounding favorable domestic policy expectations, and A-shares are expected to gradually interpret the “spring agitation” market. Investors can gradually increase their risk appetite and focus on the direction of technological growth. Debon Securities pointed out that A-shares are expected to continue to rise slowly in 2026. The policy attaches great importance to capital market development. Medium- and long-term capital continues to enter the market to form a “ballast stone”. The macroeconomic structural highlights are prominent, and sector differentiation also provides a bargaining foundation for index stability. Looking forward to the future, it is expected that technological growth will still be the main line and become the “sharpest spear”. Driven by the national strategy of science and technology and the wave of the global AI industry, hard technology tracks such as artificial intelligence and computing power are expected to continue to lead the market. Meng Lei, a Chinese stock strategy analyst at UBS Securities, said that the A-share market recently recovered due to some short-term factors, but it is expected that short-term concerns will not change the trend of rising mid-term valuations, and global technology stocks are expected to rise further next year. For investors who have been optimistic about China's technology growth sector for a long time, the GEM 50 ETF provides a convenient and efficient investment tool. Investors can directly trade through stock accounts or invest and allocate funds through linked funds.