Beijing Stock Exchange theme fund approved again after 8 months
News from this newspaper (Reporter Sun Jie) The Beijing Stock Exchange themed fund declared by three companies including Invesco Great Wall, Taikang Asset Management, and CITIC Construction Investment Fund has recently been approved for registration.
Before the opening of the Beijing Stock Exchange on November 12 last year, 8 thematic funds of the Beijing Stock Exchange were approved for registration.
Eight months later, the "Beijing Stock Exchange Fund" was approved for establishment again, which will bring more "live water" to the Beijing Stock Exchange, which has entered the stage of normalized issuance and listing.
The 3 newly approved thematic funds are similar to the previous 8 CBEX themed funds, and they are also “regularly open for two years” products. %.
The three funds approved this time have the same single fundraising limit of 500 million yuan. If the fundraising and opening of positions are successfully completed, it is expected to bring at least 1 billion yuan of incremental long-term funds to the Beijing Stock Exchange market.
Thematic funds can participate in the investment of the Beijing Stock Exchange through various methods such as the public offering of new shares on the Beijing Stock Exchange, secondary market transactions, etc., and will become an important "buyer's power" in the market when opening a position.
Since the opening of the Beijing Stock Exchange, public funds have actively supported and participated in market investment, adhering to the concept of long-term investment and value investment, and fully played a leading role in demonstration.
Since the opening of the Beijing Stock Exchange, more than 500 publicly offered fund products have been traded, effectively supporting the development and smooth operation of the market.
The data shows that since the beginning of this year, public funds have actively participated in the strategic placement of new shares on the Beijing Stock Exchange. A total of 11 companies have received strategic investment from public funds, including China Universal, Huaxia, Harvest, Nanfang and other companies. Beijing Stock Exchange-themed products participated in the battle investment. The number of companies is more than 4.
Since the beginning of this year, the performance of the theme funds of the Beijing Stock Exchange has generally been better than expected.
Up to now, the overall performance of the eight themed funds of the Beijing Stock Exchange has been in the forefront of the industry. Among them, the performance of the three products of E Fund Beijing Stock Exchange's Selected Two-Year Scheduled Fund is in the top 10% of the same industry (partial stock hybrid funds).
Market participants said that the approval of the new theme fund may mean that the fund issuance of the Beijing Stock Exchange has entered a normalized stage. It is expected that new theme funds will be approved in succession in the future, and it is expected to gradually form a characteristic lineup of "Beijing Exchange Fund".
The approval of 3 CBEX themed fund products this time conveys a policy signal to promote the public fund industry to support the reform and development of CBEX.
Deepening the reform of the New Third Board and the establishment of the Beijing Stock Exchange are important measures to implement the national innovation-driven development strategy and comprehensively deepen the reform of the capital market, and also provide new investment and operation space for public funds.