YICAI|First Batch of Four Artificial Intelligence ETFs Approved for Listing on SSE STAR Market
Translated from Yicai
On December 16, the first batch of four Artificial Intelligence ETFs intended for listing on the SSE STAR Market—collectively submitted by fund managers Bosera, GF, E Fund, and Yinhua Fund—was officially approved.
Since the introduction of the Eight STAR Market Measures, several initiatives have been implemented to offer a wider range of indices and ETF products. The supporting systems continue to improve and foster a robust ecosystem for index-based investment. Currently, the total AUM of SSE STAR Market-listed ETF products has reached nearly RMB 300 billion, with an overall growth rate exceeding 60% since the release of the Eight STAR Market Measures, making it a vital channel to funding the “hard tech” industry.
The SSE STAR Market AI Index consists of 30 securities selected from the SSE STAR Market, focusing on companies with larger market capitalization that provide essential resources, technology, and application support for artificial intelligence. This index effectively reflects the overall performance of key listed companies in the AI sector on the SSE STAR Market.
The above information is provided for reference purposes only and does not constitute investment advice.