Venture(US:VEMLY) Quan Jing Wang·2025-11-27 02:17Core Insights - The launch of the ChiNext 50 ETF-DR in Thailand marks a significant milestone in financial innovation, celebrating 50 years of diplomatic relations between China and Thailand [1] - This is the first depository receipt linked to a Chinese ETF in Thailand and the first Chinese ETF product to "go abroad" in depository receipt form [1] Group 1: ChiNext 50 Index Overview - The ChiNext 50 Index, launched in 2014, selects 50 well-known, large-cap, and liquid stocks from the ChiNext index, representing high-quality technology growth companies in sectors like renewable energy, artificial intelligence, pharmaceuticals, and high-end manufacturing [2] - As of November 21, 2024, the ChiNext 50 Index has seen a remarkable increase of over 70% since the beginning of the year, making it a preferred choice for investors looking to allocate to leading Chinese technology growth stocks [2] Group 2: Fund and Market Impact - The Invesco Great Wall ChiNext 50 ETF, established in December 2022, has surpassed a fund size of 5 billion yuan and was included in the ETF Connect in January 2024, enhancing its market influence [2] - The newly listed ChiNext 50 ETF-DR allows Thai investors to invest in Chinese frontier technology companies directly on the Thai Stock Exchange without the need for cross-border remittances, facilitating a "zero time difference, low cost" investment approach [2] Group 3: Internationalization Efforts - Since its inception, the ChiNext 50 Index has maintained steady growth and is on a path of internationalization, with the first ChiNext 50 UCITS ETF launched in major European exchanges in June 2024 [3] - The collaboration between Invesco Group and Thailand's leading securities firm InnovestX aims to promote the ChiNext 50 Index products in Thailand, reflecting a growing demand for Chinese core assets among Thai investors [3] Group 4: Broader Implications - The listing of the ChiNext 50 ETF-DR represents not only a financial product innovation but also a significant dialogue between China and the world, emphasizing cooperation and technological advancement [4]