★上交所:引导更多资金流向国家重点支持领域

Core Viewpoint - The meeting organized by the Shanghai Stock Exchange highlighted the rapid development of index-based investment in the Sci-Tech Innovation Board, with ETFs becoming a significant channel for investors to engage in "hard technology" enterprises [1][2]. Group 1: Development of Sci-Tech Innovation Board - The "Eight Measures for Deepening the Reform of the Sci-Tech Innovation Board" were released by the China Securities Regulatory Commission last June, leading to the introduction of 13 new indices over the past year, bringing the total to 29 [1]. - The indices include broad-based indices like the Sci-Tech 50, Sci-Tech 100, and thematic indices focused on sectors such as information technology, biomedicine, chips, and artificial intelligence [1]. Group 2: Growth of ETFs - Currently, there are 80 listed Sci-Tech Innovation Board ETFs with a total scale exceeding 250 billion yuan, representing a nearly 60% increase since the release of the "Eight Measures" [2]. - Since the announcement of the "Eight Measures," 51 new ETFs have been launched, nearly doubling the number prior to the measures, and 68 ETFs have been approved, also doubling the previous count [2]. - The Sci-Tech Innovation Board has become the highest proportion of index-based investment in A-shares, with index products accounting for 8.3% of the board's overall free-floating market value [2]. Group 3: Institutional Insights and Recommendations - Institutional representatives emphasized the convenience of Sci-Tech Innovation Board ETFs for investors and their role in facilitating long-term capital inflow from insurance and banking sectors [2]. - There are currently 27 fund companies involved in Sci-Tech Innovation Board ETFs, an increase of 13 since the "Eight Measures" were released [2]. - Recommendations were made to optimize the supporting mechanisms for Sci-Tech Innovation Board ETFs, with the Shanghai Stock Exchange indicating plans to enhance trading mechanisms and attract more social capital into key national support areas [2][3]. Group 4: Future Directions - The Shanghai Stock Exchange aims to deepen the reform of the Sci-Tech Innovation Board and strengthen communication with market participants to foster a more resilient and high-quality index investment ecosystem [3].