成交40亿！科创债ETF景顺（159400）上市首日收涨0.16%

Core Viewpoint - The listing of the Invesco Great Wall Shenzhen AAA Technology Innovation Company Bond ETF (referred to as "Tech Innovation Bond ETF") on the Shenzhen Stock Exchange marks a significant development in the bond market, providing investors with a new tool to access high-rated technology innovation bonds [1][4]. Group 1: Fund Overview - The Tech Innovation Bond ETF raised a total of 2.3 billion yuan in its initial offering, with 4,621 effective subscriptions [3]. - The ETF closely tracks the Shenzhen AAA Technology Innovation Company Bond Index, which includes bonds rated AAA with a remaining maturity of one month or more, reflecting the overall performance of high-rated technology innovation company bonds in the Shenzhen market [3]. - As of May 30, 2025, the index comprises 146 bonds with a total balance of 142.6 billion yuan, predominantly from central state-owned enterprises, and has an average duration of 3.34 years [3]. Group 2: Market Context and Features - The bond market for technology innovation has received substantial policy support since 2025, with the launch of the "Technology Board" aimed at significantly increasing the scale of technology innovation bonds [4]. - The ETF offers a "T+0" trading feature, allowing same-day buying and selling, and has a low management and custody fee of 0.2%, providing a cost advantage over many actively managed bond funds [3]. - The listing of the Tech Innovation Bond ETF not only provides investors with a new investment vehicle but also facilitates financing for technology innovation enterprises, contributing to the high-quality development of the real economy [4].