Sino-Singapore Jingwei Client, July 23rd. Today (23rd), the real-time market data of the first index "Science 50" of the Sci-tech Innovation Board was officially released. The index fell 0.67% at the opening quotation to 1487.20 points.

  Kechuang 50 Index opening performance source: Wind

  On July 22, the Science and Technology Innovation Board opened its first anniversary. According to the website of the Shanghai Stock Exchange, on the same day, 7 companies including Delinhai, Dadixiong, Sansheng Guojian, Zhenyou Technology, Xinpengwei, Qi'anxin, and Lihewei IPO and listed on the Sci-tech Innovation Board and the opening of the market The anniversary ceremony was held at the Shanghai Stock Exchange. So far, there are 140 companies listed on the Science and Technology Innovation Board, with a total market value of more than 2.79 trillion yuan, and a total of 217.9 billion yuan in financing.

  After the trading day, the Shanghai Stock Exchange's official website launched the historical market of the Science and Technology 50 Index. According to market information, the opening point of the Science and Technology 50 Index on July 22 was 1474.02 points, the highest intraday was 1519.12 points, the lowest was 1468.11 points, and the closing was 1497.23 points. The trading volume of the day was 9910810 lots.

  As early as June 19, the website of the Shanghai Stock Exchange disclosed a question and answer to reporters on the release of the 50 component index of the SSE Sci-tech Innovation Board. According to the Shanghai Stock Exchange, the Science and Technology 50 Index generally presents the following characteristics:

  First, the index is fully representative. As of the end of May, the 50 samples had a total market capitalization coverage ratio of approximately 61%, and the coverage ratios in R&D expenses, operating income, net profit attributable to shareholders of the parent company, and net cash flow from operating activities exceeded 60%.

  Source of sample stock list: Shanghai Stock Exchange website

  The second is the distinctive characteristics of the industry. The 50 samples are concentrated in new-generation information technology, biomedicine, high-end equipment and other strategic emerging industries, highlighting the structural characteristics of the industry driven by innovation in the science and technology board.

  The third is the outstanding attributes of science and technology innovation. The average R&D expenditure of the 50 sample companies accounted for 13% of operating income. A high proportion of R&D investment provided a boost for performance growth. In 2019, operating income grew by 13.4% year-on-year, net profit increased by 28.8% year-on-year, and revenue increased year-on-year. There are 4 companies with a growth rate exceeding 50%, 12 companies with a growth rate of 30%-50%, and 10 companies with a growth rate of 20%-30%.

  The Shanghai Stock Exchange pointed out that, as the first index reflecting the price performance of science and technology board securities, the launch of the Science and Technology 50 Index helps provide investors with tools to objectively characterize the market and performance evaluation benchmarks, and provide tracking targets for index-based investment products. The Science and Technology 50 Index is a price index, and the Science and Technology 50 Total Return Index and Net Income Index are also released to reflect the science and technology board market from more dimensions. (Zhongxin Jingwei APP)