20cm速递｜科创板100ETF（588120）涨超1.2%，市场关注未盈利企业IPO通道扩容

Group 1 - The core viewpoint is that the deepening reform details of the Sci-Tech Innovation Board enhance the capital market's institutional inclusiveness towards technological innovation and new productive forces [1] - The establishment of the Sci-Tech Growth Tier reflects the policy orientation of supporting technological innovation, with the opening of IPO channels for unprofitable companies expected to lead to more unprofitable Sci-Tech enterprises applying for IPOs [1] - As of July 14, a total of 13 unprofitable companies are in the IPO queue, with 12 on the Sci-Tech Board and 1 on the Growth Enterprise Market, and 3 of these unprofitable companies have passed the review and submitted registration to the CSRC [1] Group 2 - The Sci-Tech 100 ETF tracks the Sci-Tech 100 Index, which can have a daily fluctuation of up to 20%, reflecting the overall performance of 100 representative listed companies in the Sci-Tech Board [2] - The Sci-Tech 100 Index includes stocks from various emerging industries such as information technology and healthcare, focusing on high-quality enterprises with core technological innovation capabilities [2] - Investors without stock accounts can consider the Guotai CSI Sci-Tech 100 ETF Initiated Link C (019867) and Guotai CSI Sci-Tech 100 ETF Initiated Link A (019866) [2]