Shenzhen Stock Exchange releases ChiNext Communication Index, adding new "young force" to investment targets.

On July 21st, the fully-owned subsidiary of the Shenzhen Stock Exchange, Shenzhen Securities Information Co., Ltd., announced that it will release the ChiNext Communication Index on July 24th. The release of this index is a practical measure by the Shenzhen Stock Exchange to promote the deepening of ChiNext reform, advance the ChiNext index system construction, and meet the demands of residents' wealth management by providing a new tool for long-term fund allocation in specific sectors. There are about 51 ChiNext-listed communication industry companies with a total market value exceeding 3.4 trillion yuan, accounting for 40% of A-share communication industry companies and over 50% of the total market value, showing significant industry clustering effects. The ChiNext Communication Index consists of 50 ChiNext stocks with large market values and good liquidity in the communication field, distributed in sub-sectors such as communication equipment, communication technology services, telecommunications operations, and telecommunications value-added services. The index has performed well, with a cumulative return of 926% and an annualized return of 34% from the base date of June 29, 2018, to the end of June 2026.