Reporter Ren Shibi of this newspaper On November 14, the 50 Index of Science and Technology Innovation 50 Index performed actively. As of the closing of noon, the stock prices of 31 components rose, accounting for more than 60%. Among them, the five components including Junshi Bi

It is worth mentioning that last week, the daily K-line of the Science and Technology Innovation 50 Index has been negative for five consecutive days, and the funds have fallen more and more. The shares of the Science and Technology Innovation 50 ETF increased by 1.944 billion shares last week, far exceeding other ETFs, with a total share exceeding 37.5 billion shares, a record high; the Science and Technology Innovation 50 ETF Fund , the leader of the Science and Technology Innovation 50 ETF, and the Science and Technology Innovation 50 ETF Huaan increased by 133 million, 84 million shares and 8 million shares last week, with a total share of 2.663 billion, 781 million shares and 228 million shares respectively. In addition, some of the main capitals of have also begun to deploy some of the components of the Science and Technology Innovation 50 Index. Tonghuashun data shows that on November 14, as of midday, 18 components of the Science and Technology Innovation 50 Index showed a net inflow of main funds, attracting a total of 341 million yuan. The net inflow of the main funds of the eight constituent stocks, including CanSino, China Microcomputer, Tianhe Solar Energy, SMIC , Lanqi Technology, Siruipu, Jingchen Co., Ltd., and Huaxi Biologics, all exceeded 10 million yuan.

In this regard, pan and Lin , co-director of the Digital Economy and Financial Innovation Research Center of Zhejiang University International United Business School, who was interviewed by a reporter from Securities Daily, said that investment opportunities are falling, and cheap assets are attractive to investors. Therefore, from the perspective of value investment, there are more and more entrants in the market. In addition, Science and Technology Innovation Board investment itself has some thresholds, and investors are relatively more rational and have more financial strength, so they are buying more and more as they fall. This also shows that the turning point of the Science and Technology Innovation Board 50 Index is not far away, and the index may return to an upward trend in the near future.

In addition, the profit level of the Science and Technology Innovation 50 Index component stocks is relatively high. According to data from Tonghuashun, 33 of the 50 companies achieved net profit attributable to shareholders in the first three quarters of this year, increased by year-on-year, accounting for nearly 70%. Among them, eight companies including Xinyuan Co., Ltd., Daquan Energy, Hemai Co., Ltd., Shengmei Shanghai, Paineng Technology, Jinko Energy , Changyuan Lithium Science and Trina Solar Energy Doubled the net profit attributable to shareholders in the first three quarters of this year compared with year-on-year. In terms of valuation of

, as of now, the latest dynamic price-to-earnings ratio of the Science and Technology Innovation Board 50 Index is 37.04 times, and the latest dynamic price-to-earnings ratios of 20 constituent stocks are lower than this level, accounting for 40%. Among them, the latest valuation of four 50 index components of the Science and Technology Innovation Board, including Daquan Energy, China Communications Technology, Transsion Holdings, , Stone Technology, , etc., is less than 20 times. Chen Li, chief economist and director of the research institute of Sichuan Finance Securities, told reporters that the 50 index of Science and Technology Innovation Index is composed of 50 representative technology companies, with strong growth potential, and the revenue and profit of have the ability to continue to grow; in addition, the company is mainly concentrated in strategic emerging industries such as electronics, pharmaceutical and biological , high-end equipment, etc. These industries represent the future development direction of technology and are currently in a stage of rapid development. Therefore, from the perspective of potential, the Science and Technology Innovation 50 Index component stocks have good investment prospects. From the perspective of valuation, the average valuation of the Science and Technology Innovation 50 Index is lower than that of the ChiNext Index , but the growth rate of revenue and profit is better than that of the ChiNext Index, and it has relatively high allocation value. In addition, the recent market maker system of the Science and Technology Innovation Board has also brought higher liquidity to the Science and Technology Innovation Board and also provides guarantees for the effective and stable operation of the Science and Technology Innovation Board.

For investment opportunities for the 50 index of the Science and Technology Innovation Board, Xu Shengxiong, product operation manager of the 50 index of the Science and Technology Innovation Board, said that judging from the performance of the third quarter report of the Science and Technology Innovation 50 index, operating income and net profit attributable to shareholders both increased significantly year-on-year, and performed very well, demonstrating the growth vitality of the 50 index of the Science and Technology Innovation 50 index, and also enhancing the market's confidence in the 50 index of the Science and Technology Innovation 50 index of the Science and Technology Innovation 50 ETF will help enhance the market attention and attractiveness of the 50 index of the Science and Technology Innovation 50 index, and will greatly improve the liquidity and trading volume of the 50 index of the Science and Technology Innovation 50 index. In addition, the component stocks of the Science and Technology Innovation 50 Index are hard technology companies and will greatly benefit from China's economic structure transformation in the future. Therefore, a large number of investment opportunities will be born among the components of the Science and Technology Innovation 50 Index.

Table: On the morning of November 14, the 50 Index component of the Science and Technology Innovation Board, which was sought after by more than 10 million yuan of main funds,

Tabulation: Ren Shibi

Pictures | Station Cool Hero Baotu.com

Production | Liu Ruizhi

Review | Zhao Ziqiang

Editing | Bai Baoyu

Final Review | Zhang Xin