ChinaEtek(SZ:301208) Xin Lang Cai Jing·2025-12-25 03:17Core Viewpoint - The cross-border payment and digital RMB sectors are experiencing significant activity, with the fintech sector rising nearly 2% despite market conditions, indicating strong investor interest and potential growth opportunities [1][6]. Group 1: Market Performance - On the morning of the 25th, cross-border payment and digital RMB concept stocks showed active performance, with the fintech sector rising nearly 2% [1][6]. - Notable stocks included Zhongyi Technology, which hit a 20% limit up, and Sifang Jingchuang, which rose over 10%, while several others like Lakala and Nantian Information increased by over 4% [1][6]. - The largest and most liquid fintech ETF (159851) rose by 1.84%, with a trading volume exceeding 300 million yuan, indicating a significant increase in market activity [1][6]. Group 2: Policy and Strategic Developments - The People's Bank of China and eight other departments issued guidelines to support the construction of the Western Land-Sea New Corridor, emphasizing the exploration of international cooperation in digital finance [3][8]. - The guidelines support participation in multilateral central bank digital currency bridge projects and promote the use of central bank digital currencies in cross-border payments with countries like Thailand, Hong Kong, UAE, and Saudi Arabia [3][8]. - The projected global cross-border payment market is expected to reach $290 trillion by 2030, with the RMB's share estimated at 10%-20% and digital currency penetration at 20%-40%, translating to a market potential of 40.6 to 162.4 trillion yuan [3][8]. Group 3: Investment Opportunities - The current valuation of the CSI Fintech Theme Index is at a near six-month low, suggesting that the market has absorbed previous highs, making it a potentially favorable time for left-side allocation in fintech [3][8]. - The fintech ETF (159851) and its linked funds are recommended for investment, covering a wide range of sectors including internet brokerage, financial IT, cross-border payments, and AI applications [4][9]. - As of December 22, the fintech ETF (159851) had a scale exceeding 9.8 billion yuan, with an average daily trading volume of 800 million yuan over the past six months, indicating strong liquidity and market interest [4][9].