The first Shanghai-Shenzhen-Hong Kong cross-border ETF releases the first batch of Wanchuang 100 ETFs ready to go

The first Shanghai-Shenzhen-Hong Kong cross-border ETF releases the first batch of Wanchuang 100 ETFs ready to go
Want to invest in the Greater Bay Area and don’t know what to choose?Wanchuang 100ETF came into being.  On August 29, ICBC Credit Suisse Guangdong-Hong Kong-Macao Greater Bay Area Innovation 100 ETF was released on the Shenzhen Stock Exchange. This is the first Wanchuang ETF to be declared and issued, and it is also the first domestic cross-border ETF to cross Shanghai, Hong Kong and Shenzhen.  Wang Hong, deputy general manager of the Shenzhen Stock Exchange, said at the product launch that helping the construction of the Bay Area is both a possibility and a responsibility for the Shenzhen Stock Exchange.The Shenzhen Stock Exchange has always been committed to serving technological innovation enterprises, private enterprises, and growing enterprises, and has played an active role in helping the Bay Area develop gradually.Under the leadership of the China Securities Regulatory Commission, the Shenzhen Stock Exchange will proactively merge the construction of the Bay Area, enrich the product system, accelerate the construction of the Shenzhen ETF market, and guide more medium- and long-term capital entry.  The Guangdong-Hong Kong-Macao Greater Bay Area Innovation 100 Index, tracked by ICBC Credit Suisse 100ETF, was established on April 9, 2019, and is the core flagship index of the Guangdong-Hong Kong-Macao Greater Bay Area Index Series.Wang Hailu, general manager of ICBC Credit Suisse, said that the Wanchuang 100 Index has selected 100 innovative capabilities from Shanghai, Hong Kong, and Shenzhen to expand. High-quality companies that are at the forefront of the Chinese economy as sample index stocks fit the theme of the era of innovation and development, highlighting the largeThe unique advantages and characteristics of the Bay Area reflect good growth and investment value.  ”The core index in the Wan Chong 100 Index Guangdong-Hong Kong-Macao Greater Bay Area Series Index reflects the overall outlook of listed companies in the Greater Bay Area and highlights the advantages and characteristics of Bay Area economic development.The Baytron ETF allocates Bay Area assets to local external investors. It provides a one-stop investment in Bay Area characteristic listed companies and provides a convenient and effective investment tool for sharing Bay Area development dividends.Wang Hong said.  Wind Statistics shows that the latest constituent stocks of the Wanchuang 100 Index are distributed in three markets, including 72 A-shares in Shanghai and Shenzhen and 28 Hong Kong stocks.杭州桑拿In terms of the distribution of constituent stocks, information technology has 35 stocks with a weight of 37.8% ranked first, with 17 stocks in the industry and a weight of 6.9%, optional consumption and medical care allow 14 stocks, each with a weight of 11.1% and 5%, 4 financial stocks, weighted 25.1%.  According to the latest weighted shares, the top ten weighted shares of the Wanchuang 100 Index are Tencent Holdings, China Merchants Bank, Ping An of China, Hong Kong Stock Exchange, Gree Electric, Midea Group, Changhe, CITIC Securities, CLP Holdings and Vanke AThe weights of the top three major stocks are all 9.Above 6%, the overall weight of the top ten heavyweights is as high as 65%, and the market value is relatively concentrated.  Proportion of the top ten heavyweights in the Baytron 100 Index :: Source: Zhang Zheng, General Manager of China Securities Index Online ICBC Credit Suisse Index Investment Center, introduced that the Baytron 100 Index is a benchmark index that highlights the innovative development of the Bay Area and brings good investmentprospect.The weight of the information technology industry in its constituent stocks is significantly higher than other indexes. The patents obtained by A-share companies in the constituent stocks in the past three years have significantly exceeded the level of all A-share companies, and more than 80% of the companies have achieved 10More than one patent, outstanding scientific and technological innovation capabilities.  Wind data shows that from June 30, 2017 (the base date of the index) to June 28, 2019, the cumulative yield of the Baytron 100 Index reached 18.21%, while the cumulative returns of the Shanghai and Shenzhen 300 Index increased by 4.33%, the Shanghai 50 Index is 14.93%, Wanchuang 100 achieved considerable excess returns relative to the two broad-based indexes.  Currently, ICBC Credit Suisse Wanchuang 100ETF is being issued.In addition, the first batch of Wanchuang 100ETF products have been approved in the near future. Guangfa Fund received approvals on August 14th, and Wanchuang 100ETFs from South and China also approved on August 27th.