ChiNext Index turns positive after falling 2% earlier

The significance here is less the direction than the volatility: a two-point intraday reversal on a growth-heavy index signals fragile, headline-driven positioning rather than a settled view. With no stated driver behind the swing, the move is hard to attribute to fundamentals, which matters for anyone reading ChiNext as a barometer of risk appetite in Chinese growth names. Whether this kind of sharp intraday whipsaw persists, or proves a one-off, is the open question worth watching.