ChiNext ETF E Fund (159915) recorded an intraday trading volume exceeding 5 billion yuan, with active trading.

On April 23, the ChiNext Index fluctuated and rebounded in the afternoon. As of 14:16, the ChiNext Index fell 0.90%. Among the heavyweight stocks, Zhongji Innolight, the leader in optical communications, rose 1.12%, and CATL, the energy storage giant, rose 0.49%. The declines of Eoptolink Technology and TFC Optical Communication also narrowed simultaneously.

Wind data shows that as of April 22, the ChiNext Index has gained 94.6% in the past year.

The E Fund ChiNext ETF (159915) tracks the ChiNext Index. As of the time of writing, its trading volume exceeded 5 billion yuan, with frequent intraday premiums. The fund's average daily trading volume in the past month was 4.18 billion yuan, ranking first among its peers, indicating active trading and strong liquidity in the secondary market.

According to public information, Eoptolink Technology, one of the three CPO giants, will release its 2025 annual report and 2026 first-quarter report tonight. Earlier, Zhongji Innolight's first-quarter report showed that the company achieved operating revenue of 19.496 billion yuan in the first quarter of 2026, a year-on-year increase of 192.12%; net profit attributable to shareholders of the listed company was 5.735 billion yuan, a year-on-year increase of 262.28%.

Tianfeng Securities pointed out that the demand for computing power across society is urgent, and the global scale of computing power has exponential growth potential. With the exponential growth of AI computing power, the power consumption and bandwidth of traditional optical modules are gradually reaching their limits, forcing the accelerated iteration of optical module technology. CPO directly addresses the pain points of power consumption and bandwidth, and 2026 is expected to be the first year of its commercial adoption.

Ping An Securities believes that the reform of the ChiNext board has been comprehensively optimized from listing and financing to the investment side. In particular, the fourth set of listing standards supports unprofitable but high-growth enterprises, which will boost market sentiment in the short term and accelerate the cultivation of investment opportunities in new quality productivity tracks such as AI and new energy in the medium to long term.

In terms of valuation, Wind data shows that as of April 22, the price-to-earnings ratio of the ChiNext Index was 44.44 times, at the 45.63% historical percentile.

The ChiNext Index tracked by the E Fund ChiNext ETF (159915) includes top ten heavyweight stocks such as CATL, Zhongji Innolight, Eoptolink Technology, East Money Information, Sungrow Power Supply, Shenghong Technology, TFC Optical Communication, Inovance Technology, Mindray Medical, and Wens Foodstuff Group, with a combined weighting of nearly 60%. It is highly focused on emerging growth sectors such as new energy, communications, and semiconductors. The index has a distinct growth style and is a representative tool for investing in Chinese innovative enterprises.

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