践行科技自立自强战略，投向新质生产力发展——交银中证智选沪深港科技50ETF正式成立

Core Viewpoint - The establishment of the "CITIC Securities Smart Selection Hong Kong-Shenzhen Technology 50 ETF" by the company is a strategic response to national policies aimed at accelerating high-level technological self-reliance and innovation, serving as a professional financial tool to empower technological innovation in the capital market [1][2]. Group 1: Strategic Leadership - The product aligns with national strategies and the company's mission in technology finance, focusing on strategic emerging industries and implementing the national strategy through a customized ETF that tracks a technology index [2]. - The ETF targets core sectors such as electronics, semiconductors, communications, innovative pharmaceuticals, and advanced manufacturing, supporting long-term capital for R&D breakthroughs and capacity upgrades in China's technology industry [2]. Group 2: Product Innovation - The ETF represents a systematic innovation in technology investment, combining cross-market coverage with precise selection capabilities, setting a new benchmark for technology investment [3]. - The index covers leading hard technology companies across the Hong Kong, Shenzhen, and Shanghai markets, optimizing the structure to capture domestic substitution trends while supplementing scarce technology assets [4]. Group 3: Factor System Innovation - The index employs a dual screening system based on "R&D factors + growth factors," ensuring the selection of companies with genuine technological barriers and growth potential [6]. - A strict R&D expenditure threshold of at least 5% is established to ensure the technical leadership of constituent stocks, while a dual-dimensional growth assessment guarantees the selection of high-quality, sustainable growth companies [6]. Group 4: Balanced Industry Allocation - The index emphasizes industry diversification, covering eight major technology sectors, with the top three sectors accounting for only 65% of the index, thus enhancing the portfolio's ability to withstand volatility [7]. Group 5: Team Collaboration - The company has a strong quantitative research team with extensive experience in index compilation, factor research, and risk control, ensuring the successful launch and management of the ETF [8]. - The ETF is co-managed by two experienced fund managers, combining their expertise to provide professional support for the product's operation [8]. Group 6: Market Context and Future Outlook - The launch of the ETF marks a significant innovation in the company's technology index offerings, reflecting a shift from single-market to cross-market strategies and from passive tracking to intelligent optimization [9]. - The current technological industry is in a favorable period supported by policies and market conditions, and the ETF aims to leverage its core advantages to facilitate investor participation in the development of the technology sector [9].