Bestechnic (Shanghai) (SH:688608) Jie Mian Xin Wen·2025-03-26 03:17Core Viewpoint - The article highlights the significant growth and performance of the Sci-Tech 100 Index ETF (588030) amid escalating tech competition between China and the U.S., with strong government support for innovation driving market potential [4][6]. Performance Summary - As of March 26, 2025, the Sci-Tech 100 Index (000698) increased by 0.64%, with notable gains from constituent stocks such as Airo Energy (688717) up 9.84% and Greeway (688390) up 6.40% [1]. - The Sci-Tech 100 Index ETF (588030) saw a 0.41% rise, with a trading volume exceeding 121 million yuan, ranking it among the top ETFs in its category [1]. - Over the past six months, the ETF's scale grew by 931 million yuan, placing it second among comparable funds [3]. - The ETF's financing buy-in reached 19.81 million yuan, with a financing balance of 324 million yuan [3]. - Since its inception, the ETF achieved a maximum monthly return of 27.67% and an average monthly return of 8.75% [3]. - The ETF's year-to-date maximum drawdown was 7.83%, with a relative benchmark drawdown of 0.20% [3]. Market Context - The ongoing U.S.-China tech rivalry has shifted from trade to technology, with the U.S. imposing stricter tech restrictions on China [4]. - The Chinese government is providing robust policy support for technological innovation, transitioning from being a follower to a leader in sectors like AI, humanoid robots, and smart vehicles [4]. - Historical analysis indicates that technological innovation, policy guidance, and market funding are key drivers of tech bull markets in China [4]. Index Composition - As of February 28, 2025, the top ten weighted stocks in the Sci-Tech 100 Index accounted for 24.45% of the index, with notable companies including Siwei Technology (688213) and BeiGene (688235) [5]. - The ETF closely tracks the Sci-Tech 100 Index, which consists of 100 medium-cap stocks selected from the Sci-Tech Board based on liquidity [4]. Recent Trends - The Sci-Tech 100 Index ETF recorded a cumulative increase of 5.71% over the past three months [6].