Market surges as ChiNext Index hits fresh 3-year high! CSOP SZSE CHINEXT ETF (03147.HK) jumps nearly 3.5%

NewTimeSpace News: On April 10, A shares staged a broad-based rally, with the ChiNext Index surging over 3% intraday to refresh its multi-year high—its highest level since late December 2021—after 14 trading sessions. TheCSOP SZSE CHINEXT ETF(03147.HK) jumped nearly 3.5% during the session.

Core heavyweight sectors within the ChiNext board collectively heated up. The lithium battery and energy storage segments received fresh catalysts from ongoing "anti-involution" (anti-overcapacity) policies, further upgrading their business prospects. The optical communications chain continued to enjoy strong sentiment, sustained by the global explosion in AI computing power demand. Recent earnings reports indicate that ChiNext blue-chips are demonstrating robust profit improvement trends, with earnings centers continuing to rise. Benefiting from industrial tailwinds and anti-involution policies, these sectors are expected to maintain favorable growth outlooks.

According to HKEX data, theCSOP SZSE CHINEXT ETF(03147.HK) tracks the ChiNext Index, which was launched by the Shenzhen Stock Exchange on June 1, 2010. Serving as the most representative benchmark for the ChiNext market, the index is positioned as an "innovation engine." Its sample space comprises stocks listed on the Shenzhen ChiNext board, selecting 100 constituents based on principles of "large market capitalization and strong liquidity," weighted by free-float market capitalization and rebalanced semi-annually, with a single stock cap of 20%.

On the macro front, international energy research firm Benchmark Mineral Intelligence forecasts that new installations in 2026 are expected to exceed 450 GWh, pushing global cumulative energy storage capacity past 1.14 TWh—officially ushering the industry into the "terawatt-hour era." Additionally, Deye Co., Ltd. issued a positive profit alert, projecting Q1 2026 net profit growth of 55.91% to 70.08% year-over-year.

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