北交所跨市场指数基金被动配置分析

Group 1: Market Overview - The North Exchange stocks have been included in major cross-market indices, which is expected to drive passive fund allocation[4] - As of July 29, 2024, 26 stocks from the North Exchange are included in the latest components of the CSI and Guo Zheng indices[4] - The total scale of passive funds tracking the CSI 300, CSI 500, CSI 1000, and CSI 2000 indices has reached CNY 989.81 billion, while the Guo Zheng indices have a smaller scale of CNY 3.53 billion[4][17] Group 2: Index Adjustments and Predictions - In the upcoming December 2024 index adjustments, no new North Exchange stocks are expected to be added to the CSI 2000, while four stocks are predicted to be removed from the Guo Zheng 2000 due to liquidity issues, resulting in a net outflow of CNY 4.66 million[5][34] - The industry index adjustments are expected to bring in nine North Exchange stocks, with significant inflows from the computer and power sectors, estimated at CNY 2.29 million and CNY 1.87 million respectively[5][34] Group 3: Investment Recommendations - Investors are advised to focus on trading opportunities for North Exchange stocks expected to be added to cross-market indices during the observation period leading up to the adjustment announcement[5] - The overall small market capitalization of North Exchange companies limits their inclusion in cross-market indices, suggesting a cautious approach to passive fund allocation[5][10]