Shanghai Securities News｜STAR Market Index Product Size Hits a Record High to Serve the Development of New Quality Productive Forces

Edited and Translated from Shanghai Securities News

Good news keeps coming from STAR Market index products this year, making them the most sought-after investments. The latest data show that there are 85 tracking products and the total size of STAR Market index products is nearly RMB 300 billion.

STAR 50 Index pools leading hard tech companies to feature distinctive hard technology characteristics. At present, the total size of products has exceeded RMB 200 billion, marking an increase of more than 50% from the beginning of the year, ranking second among domestic stock indexes. The index has grew by more than 10% since the beginning of the year. Products tracking STAR 50 Index include ETFs, OTC index funds, feeder funds, etc. 13 products have been listed on overseas exchanges, which tops the chart among A-share indexes, indicating wide investor recognition.

STAR Chip Index products are also favored by the market. As of October 9, the index had a year-to-date yield of 30.24%. There are 10 products tracking STAR Chip Index, with a total size of RMB 29.4 billion, marking an increase of more than RMB 20 billion or 266% from the beginning of the year.

Shanghai Stock Exchange and China Securities Index Co., Ltd. have released 26 STAR Market indexes, including broad-based index, industry thematic index, regional thematic index, strategy index, etc., which lays the ground for a STAR Market index system that offer investors with good investment tools.

Excerpted From Shanghai Securities News on October 10, 2024

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The above information is provided for reference purposes only and does not constitute investment advice.