On September 18, the official website of the China Securities Regulatory Commission showed that six theme index ETF products were quickly approved, namely Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF, Huaan Shanghai Stock Exchange Science and Te

China Fund News reporter Li Shuchao

Ordinary investors are planning to build a hard technology industry and add new tools. On September 18, the official website of China Securities Regulatory Commission showed that six theme index ETF products were quickly approved, namely Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF, Huaan Shanghai Stock Exchange Tech Innovation Board Chip ETF, Southern Shanghai Stock Exchange Tech Innovation Board New Materials ETF, Bose Shanghai Stock Exchange Tech Innovation Board New Materials ETF, Huaxia CSI Machine Tool ETF, and Cathay CSI Machine Tool ETF.

Industry insiders said that the six products closely focus on national strategies and industrial policies, and guide funds to invest in high-quality listed companies in hard technology fields such as chips, new materials, industrial master machines, etc., which is of great significance to giving full play to the capital market's function of serving the real economy and supporting the development of strategic emerging industries.

6 hard technology ETFs were approved

html On September 18, 6 theme index ETF products were quickly approved, namely the Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF of Jiashishi and Huaan Fund , the Shanghai Stock Exchange Science and Technology Innovation Board New Materials ETF of Nanfang and Boshi Fund , and the CSI Machine Tool ETF of Huaxia and Cathay Fund.

Among them, 4 ETF products that track two important theme indexes of the Science and Technology Innovation Board - chips and new materials have been approved by the China Securities Regulatory Commission.

The Shanghai Stock Exchange Science and Technology Innovation Board chip ETF applied for by Jiashishi and Huaan Fund was approved, marking the first batch of chip-themed ETFs on the Science and Technology Innovation Board. This type of product also provides one-click direct investment tools that can significantly focus on the semiconductor industry chain represented by chips.

It is understood that the index tracked by the Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF is the Shanghai Stock Exchange Science and Technology Innovation Board Chip Index (referred to as "Science and Technology Innovation Chip"). Science and Technology Innovation Chips are another major index that characterizes the Science and Technology Innovation Board market after Science and Technology Innovation 50, Science and Technology Innovation Information, and Science and Technology Innovation Biology. The index selects securities related to the semiconductor material and equipment, chip design, chip manufacturing, chip packaging and testing from listed companies on the Science and Technology Innovation Board as an index sample to reflect the overall performance of securities of listed companies in the representative chip industry of the Science and Technology Innovation Board.

data shows that as one of the key areas supported by the Science and Technology Innovation Board, nearly 60 technology innovation companies in chip-related industries have been listed on the Science and Technology Innovation Board. Among the top 10 companies in the Science and Technology Innovation Board with total market value are chip industry companies.

From the perspective of investment value, the 2022 semi-annual report data showed that the operating income of , the component of the Science and Technology Innovation Chip Index, increased by 34.52% year-on-year, and the net profit attributable to shareholders increased by 19.93% year-on-year. At the same time, the index's R&D investment intensity is significantly ahead, and the median R&D expenditure of the Science and Technology Innovation Chip Index accounts for as high as 15.47% of the revenue.

It is reported that the scale of 8 domestic science and technology innovation 50 ETF products has continued to grow, and the total market value has recently exceeded 50 billion yuan.

More than three years since its opening in July 2019, the Science and Technology Innovation Board has become an important investment and financing market with more than 460 listed companies and a total market value of over 5.7 trillion yuan. It has gathered a number of technology innovation companies with high market recognition, strong R&D capabilities and outstanding profitability, demonstrating the demonstration effect of financial support for scientific and technological innovation.

As of the third anniversary of the opening of the Science and Technology Innovation Board, the Science and Technology Innovation Board theme index has basically achieved full coverage of strategic emerging pioneer industries, basically covering the most representative industries of "hard technology" in China and the demonstration listed companies on the Science and Technology Innovation Board. The Science and Technology Innovation Board provides a fast channel for the development of technology innovation enterprises including chips, new materials and other fields, and has become an important manifestation of the capital market's support for manufacturing.

Science and Technology Innovation Materials ETF injects momentum into the new economy

In addition to the Science and Technology Innovation Chip ETF, on September 18, the Shanghai Stock Exchange Science and Technology Innovation Board New Materials ETF products of Bose and Southern Fund were officially approved. This is the first batch of Science and Technology Innovation Board New Materials Theme ETFs in the market.

The Science and Technology Innovation Materials Index tracked by the Shanghai Stock Exchange Science and Technology Innovation Board New Materials ETF, selected 50 advanced steel, advanced non-ferrous metals, , advanced chemicals, advanced inorganic non-metals and other basic materials in the Science and Technology Innovation Board with large market value, and reflected the overall performance of securities of the new materials industry, listed companies with market-representative markets on the Science and Technology Innovation Board.

Talking about the long-term investment value of science and technology materials ETFs, Bose Fund analyzed that my country attaches great importance to the development of the new materials industry. In recent years, strategic plans such as " "12th Five-Year Plan" National Strategic Emerging Industry Development Plan " and " "12th Five-Year Plan" New Materials Industry Development Plan " have been continuously issued to support the rapid development of the new materials industry. At present, my country still lags behind developed countries and regions such as the United States and Europe in the field of new materials, and has broad room for future development.

Southern Fund also stated that the current new round of scientific and technological revolution and industrial transformation have provided an opportunity for my country's economic transformation and have also spawned a large demand for new materials. Against this background, a series of high-quality investment opportunities are expected to emerge in the new materials sector, especially the Science and Technology Innovation Board, which brings together many high-quality listed companies in the new materials field, has attracted much attention.

Southern Fund believes that the approval of the Shanghai Stock Exchange Science and Technology Innovation Board New Materials ETF will, on the one hand, provide investors with high-quality investment tools to allocate relevant listed companies' stocks; on the other hand, it is also expected to bring incremental funds to relevant sectors, inject impetus into the development of the growth new economy, and promote the high-quality development of listed companies .

From the perspective of index performance, the Shanghai Stock Exchange Science and Technology Innovation Board New Materials Index has surpassed the market's main broad-based index. Since the release date, as of September 16, the annualized yield of the index was 16.01%, while the major broad-based indexes, CSI 300, , CSI 500, and Wande All A, were -1.50%, 4.63%, and 4.69%, respectively, and the index performed well in the long-term market. At the same time, the index's return-risk ratio is 0.39, and the return-risk performance is also better than the broad-based index during the same period.

machine tool ETF helps

machine tool industry high-quality development

In addition to science and technology innovation chip ETFs and science and technology innovation materials ETFs, the "CSI Machine Tool ETF" products under China and Cathay Fund were also approved for issuance on the same day.

machine tools are mainly used to process metals or other materials to make them necessary parts. Simply put, machine tools refer to machines used to make machines, also known as "working mother machine" or "power machine". In general machine manufacturing, machine tools bear 40% to 60% of the total machine manufacturing work, which is an important cornerstone of the development of modern industry.

CSI Machine Tool Index selected 50 listed company securities from the Shanghai and Shenzhen markets that involved the manufacturing and services of machine tool whole machines and their key components as samples to reflect the overall performance of listed company securities in the machine tool industry. Machine tool ETFs with it as the base index provide efficient investment tools for the market, and will also provide direct financing convenience for machine tool companies with core technologies and outstanding scientific and technological innovation capabilities, further serve national strategies, and promote high-quality development of the industry.

As the largest recipient and beneficiary of the latest transfer of global manufacturing, my country has become the world's largest manufacturing country for many years. On my country's path to becoming a manufacturing power, the demand for the machine tool industry as a basic industry has also increased significantly. By the end of 2020, my country has become the largest consumer and producer of machine tools in the world, accounting for 32% and 29% respectively.