Core Viewpoint - The Beijing Stock Exchange (BSE) has become a crucial force in supporting the development of new productivity over its four years of establishment, serving as a primary platform for innovative small and medium-sized enterprises (SMEs) [3][5]. Group 1: Achievements in Supporting Innovative SMEs - The BSE has successfully nurtured high-quality "specialized, refined, unique, and innovative" enterprises across various sectors, significantly contributing to the innovation and development of the real economy [5][6]. - The number of listed companies on the BSE has reached 274, with a total market capitalization exceeding 900 billion, and nearly 80% of these companies are SMEs [6][7]. - The BSE has filled the gaps between other major boards, providing multi-tiered capital market financing support for enterprises at different stages and with varying financing needs [5][6]. Group 2: Market Liquidity and Investor Structure - The average daily trading volume on the BSE has significantly increased, with daily turnover reaching nearly 30 billion in the first eight months of the year, far exceeding the previous year's average of less than 10 billion [10][7]. - The investor base has expanded, with over 9 million qualified investors now participating, including a growing proportion of institutional investors such as social security funds and insurance capital [10][11]. - The BSE has transitioned to a diversified investor group, with institutional investors leading and professional individual investors actively participating [11][10]. Group 3: Performance of Themed Funds - The average net value growth rate of BSE-themed funds has approached 60% this year, with some funds achieving over 123% growth [13][15]. - The strong performance of these funds is attributed to ongoing policy support, market confidence recovery, and a rise in risk appetite [18][19]. - Thematic funds have benefited from the valuation recovery of listed companies and their performance growth, indicating a favorable investment environment [19][18]. Group 4: Future Development and Challenges - The BSE is entering a "dual-index" era with the launch of the North Certificate Specialized and New Index alongside the North Certificate 50 Index, enhancing investment tools and opportunities [25][24]. - Despite significant progress, challenges remain, including the need for improved institutional frameworks, investor education, and the introduction of more high-quality enterprises to sustain growth [29][30]. - The BSE aims to enhance its attractiveness and service capabilities by optimizing listing mechanisms and increasing the participation of long-term funds [30][29].
这类主题基金,最猛狂赚123%!
中国基金报·2025-09-07 15:04