Countdown to launch! Beijing Stock Exchange's first index will be listed, public funds are optimistic about investment opportunities

The heavyweight index will be launched soon!

On November 21, the important broad-based index of the North Exchange - the North Securities 50 Component Index (referred to as the "North Securities 50 Index") will be listed. According to the index compilation plan, the index will be scaled by the North Exchange It is composed of the securities of 50 listed companies that are large, liquid and most representative of the market.

Many fund companies stated that this index has outstanding representativeness, growth and innovation. In the future, investors can use index funds to deploy companies on the Beijing Stock Exchange and share the growth dividends of innovative small and medium-sized enterprises with one click. .

"Package" popular stocks on the North Exchange

On November 21, the North Exchange 50 Index will officially release real-time quotes to reflect the overall market operation and provide investment targets and performance comparisons benchmark. According to the list of sample stocks of the North Securities 50 Index previously released by the Beijing Stock Exchange and China Securities Index Co., Ltd., popular North Exchange companies such as Jilin Carbon Valley, Liancheng CNC, Beterui, Yingtai Biotech, Northland, and Changhong Energy are all Among the listed companies, the total market value of the IPO sample stocks accounts for more than 70% of the total market value of the Beijing Stock Exchange.

Pang Yaping, general manager of E Fund Index Research Department, analyzed that the index has three major characteristics: First, the index is well representative, and the total market value, operating income, net profit, and R&D expenditures of the 50 constituent stocks account for the current The overall proportion of the Beijing Stock Exchange market is 65-70; secondly, the innovative attributes are outstanding, and the constituent stocks are mainly concentrated in strategic emerging industries such as machinery and equipment, pharmaceutical biology, and power equipment; thirdly, the growth potential of the constituent stocks is good. In the first three quarters, the Beijing Stock Exchange The revenue and net profit of the 50 constituent stocks increased by 48% and 30% year-on-year respectively.

The index is ready to go, and various preparations are being actively carried out. According to a previous notice issued by the Office of the National Equities Exchange and Quotations, in order to cooperate with the verification of the support of the technical systems of various market participants for the BSE 50 Index, from 8:30 to 12:00 on November 19, the National Equities Exchange and Quotations and the Beijing Stock Exchange jointly China Clearing Corporation, Shenzhen Stock Exchange, and China Securities Index Company jointly built a test environment for the market to conduct customs clearance tests to verify that the market institution's technical system can correctly receive and reveal the BSE 50 Index and meet the business launch requirements.

Sharing the Dividends of Innovation and Growth

Since the North Exchange market sets higher investment thresholds, many investors participate in North Exchange investments through the North Exchange theme funds. After the launch of the NSE 50 Index, individual investors can participate in NSE investment by subscribing for relevant index funds and share the growth dividends of innovative small and medium-sized enterprises. In fact, a number of public fund companies are already gearing up to actively develop and deploy North Exchange-related index funds around the North Exchange 50 component index, which will introduce diversified investors to the market.

Li Jun, Director of the Quantitative Investment Department of China Asset Management, introduced that as the core broad-based index of the Beijing Stock Exchange market, its release is of great significance. First, it can give full play to the function of the financial market in serving the real economy and guide public offerings, insurance, Banks and other social funds flow to "specialized and new" small and medium-sized enterprises to solve the development dilemma of small and medium-sized entities with financing difficulties; secondly, through the development of indexed products, it is more convenient for market investors to participate in the Beijing Stock Exchange market and share the benefits of small and medium-sized enterprises. Opportunities for business growth and dividends.

Harvest Fund said that with the launch of the Beijing Stock Exchange 50 Index, the whole market has for the first time an important broad-based index that can measure and observe the overall trend of the North Exchange. It is more useful for funds investing in the North Exchange. The clear reference benchmark also means that the Beijing Stock Exchange market has gradually entered a more mature state and is expected to enter a new stage of development.

There is great potential for "specialized, special and innovative" investment

On November 15, 2021, the Beijing Stock Exchange officially opened. Over the past year, the Beijing Stock Exchange has developed rapidly and steadily, and its system has been optimized. Steady progress has been made, favorable policies have been introduced frequently, and "specialized, special and new" high-quality companies have continued to pour in. The number of companies listed on the Beijing Stock Exchange has increased from the first batch of 81 to the current 123, with a total market value of nearly 200 billion yuan. Among them, high-tech enterprises accounted for more than 90%; 49 enterprises were national-level "specialized, special and innovative" small giant enterprises, accounting for nearly 40%, an increase of 26 compared with before the opening of the market, achieving double growth.

Statistical data shows that in the first three quarters of this year, the companies listed on the Beijing Stock Exchange achieved a total operating income of 73.207 billion yuan and a net profit of 6.926 billion yuan, a year-on-year increase of 33.25 and 19.43 respectively.

Pang Yaping said that companies listed on the Beijing Stock Exchange are mainly distributed in the fields of high-end equipment, new energy, technology software and hardware, new materials, etc., and continue to provide momentum for the implementation of the national innovation-driven development strategy. The Beijing Stock Exchange is positioned to serve innovative small and medium-sized enterprises, and has formed a mutually complementary and mutually reinforcing direct financing growth path for small and medium-sized enterprises with the Shanghai and Shenzhen Stock Exchanges, playing an important link in building my country's multi-level capital market system.

Harvest Fund stated that after the release of the Beijing Stock Exchange 50 Index, it will provide tracking standards for index products anchored by the North Stock Exchange, which will be conducive to the introduction of long-term funds such as passive investment, and provide more information for companies listed on the North Stock Exchange. Indicative development directions and reference benchmarks are conducive to promoting the long-term development of "specialized, specialized and innovative" enterprises.