Source: Shenzhen Stock Exchange
Shenzhen Securities Information Co., Ltd., a wholly-owned subsidiary of the Shenzhen Stock Exchange, issued an announcement that the inclusion of China Securities Cross-Market Index into STAR Market Securities was successfully implemented on June 13. This is a pragmatic measure taken by Shenzhen Stock Exchange to better play the index investment-oriented function and serve the high-quality development of the real economy, marking the further enrichment and improvement of the A-share index system and another important progress in the construction of the market investment side.
This time, the underlying index of the product was adjusted. Among the 31 cross-market indices of the China Securities Regulatory Commission, 19 were transferred to STAR Market Securities, involving 44 corresponding index fund products. As of the end of May, the total scale of related products was 58.4 billion yuan. From the perspective of inclusion weight, China Securities Chips is included in 6 sci-tech innovation board securities, with the highest weight of 19.8%, China Securities Biomedical is included in 5 science and technology innovation board securities, with a weight of 9.4%, China Securities Chip and China Securities Biomedical are A An influential index in the relevant field of the stock market, after the adjustment, the relevant index will further absorb representative companies in the field. In terms of the number of inclusions, the small-cap representative index China Securities 2000 included 82 securities on the Science and Technology Innovation Board, the largest number of securities included, including 12 samples of specialized, special and new enterprises. 145, leading the major broad-based indices in the A-share market.
The China Securities Index System focuses on emerging growth characteristics, actively responds to the diversified investment needs of the market, and is committed to providing investors with differentiated index investment targets. China Securities Index has developed nearly 70 index fund products, with more than one million fund holders and a total product scale of about 70 billion yuan. The inclusion of the China Securities Index into the securities on the Science and Technology Innovation Board will further enhance the representativeness of the index and allow more index fund holders to share the dividends of innovation and development, which will help guide the optimal allocation of medium and long-term funds and introduce more sources of living water to the market.
According to the step-by-step implementation work arrangement, when the sample is regularly adjusted in December this year, the non-product underlying index will be revised, and the sample selection space of the China Securities Cross-Market Index that has not yet developed products will also be expanded to STAR Market Securities. In the next step, Shenzhen Stock Exchange will, in accordance with the deployment requirements of the China Securities Regulatory Commission, give full play to the role of the capital market, continue to promote the construction of a characteristic index system, expand the scope of index funds to track targets, help expand the scale of indexed investment, and promote the attraction of medium and long-term funds to enter the market. Promote the healthy and stable development of the capital market.
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Responsible editor: Feng Tiwei