北交所迎来双指数时代 数十家基金争夺

Core Viewpoint - The Beijing Stock Exchange (BSE) has officially launched the "Beijing Specialized, Refined, and Innovative Index," marking the beginning of a "dual-index era" for the exchange, with numerous fund companies submitting applications for index funds based on this new index [1][3]. Group 1: Index Overview - The Beijing Specialized, Refined, and Innovative Index is the first of its kind in the market, consisting of the 50 largest "little giant" companies listed on the BSE, reflecting the overall performance of specialized and innovative companies [3][6]. - As of May 30, 2025, the BSE has gathered 138 specialized "little giant" enterprises, which account for 53.25% of the total market capitalization [6]. - The index focuses on high R&D innovation companies, with a projected total R&D expenditure of 1.79 billion yuan in 2024, representing 5.6% of their revenue, significantly higher than the market average [6]. Group 2: Market Response and Fund Applications - Following the index's launch, dozens of fund companies have applied for index products, aiming to be among the first to offer funds based on the new index, with submissions expected by the end of September [1][3]. - The BSE's stock performance has been strong, with the Specialized, Refined, and Innovative Index rising by 46.74% year-to-date as of June 27 [3][11]. - The index is expected to attract significant investment, with initial estimates suggesting it could bring in tens of billions of yuan in new funds to the BSE [9][11]. Group 3: Strategic Importance - The introduction of the new index is seen as a critical step in enhancing the BSE's index system and aligning with national strategies to support emerging industries [6][8]. - The index's dynamic adjustment mechanism allows for semi-annual updates, ensuring it remains relevant to the evolving market landscape [7]. - The index is designed to complement the existing BSE 50 Index, providing a broader range of investment options and performance benchmarks for investors [9][11].