Securities Times reporter Wu Shaolong
On June 13, Shenzhen Securities Information Company, a wholly-owned subsidiary of the Shenzhen Stock Exchange, issued an announcement that the inclusion of the China Securities Cross-Market Index into STAR Market Securities was successfully implemented on the same day.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 national securities cross-market series indexes, 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.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 terms of inclusion weight, the China Securities Chip Index includes 6 STAR Market securities with the highest weight of 19.8%, and the China Securities Biomedical Index includes 5 STAR Market securities with a weight of 9.4%.The aforementioned two major indexes are influential indexes in the relevant fields of the A-share market, and the relevant indexes will further absorb representative companies in the field after adjustment.In terms of the number of inclusions, the China Securities 2000 Index, a representative index of small-cap stocks, includes 82 securities on the Science and Technology Innovation Board, the largest number of securities included, including 12 samples of specialized, specialized and new companies. The number of corporate samples increased to 145, leading the major broad-based indices in the A-share market.
It is understood that 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.
The relevant person in charge of the Shenzhen Stock Exchange said that in the next step, the 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 attractiveness. The entry of medium and long-term funds into the market will better promote the healthy and stable development of the capital market.
【Editor: Shao Wanyun】