The first Shanghai-Shenzhen-Hong Kong cross-border ETF set sail for ICBC Credit Suisse at the antique launch conference of the Shenzhen Stock Exchange_1

The first Shanghai-Shenzhen-Hong Kong cross-border ETF set sail on ICBC Credit Suisse’s antique conference in Shenzhen Stock Exchange
Source: Panoramic.com Original title: The first Shanghai-Shenzhen-Hong Kong cross-border ETF officially set sail ICBC Credit Suisse in the Shenzhen Stock Exchange Antique Bay to create an ETF launch ceremony to embrace the new era of the Bay Area, innovation leads the futureOn August 29, ICBC Credit Suisse Fund Management Co., Ltd. held a grand antique product launch conference on the Shenzhen Stock Exchange, and witnessed the first domestic Shanghai-Shenzhen-Hong Kong Cross-Border ETF with representatives from all walks of life and the first ETF tracking the Guangdong-Hong Kong-Macao Greater Bay Area Innovation 100 Index.-The release of ICBC Credit Suisse Guangdong-Hong Kong-Macao Greater Bay Area Innovation 100 ETF (fund abbreviation: Wan Chuang ETF, fund code: 159976).Wang Hong, deputy general manager of Shenzhen Stock Exchange, Wang Hailu, general manager of ICBC Credit Suisse Fund, Xu Shouben, president of Industrial and Commercial Bank of China Shenzhen Branch, Jiang Ran, general manager of the asset custody department of China Merchants Bank, Feng Rong, vice chairman of Shenwan Hongyuan Securities, and dozens of Wanchuang 100Representatives of listed companies of index constituents and relevant leaders of major securities companies attended the press conference to witness the historic moment of the launch of the Baytron ETF.  Wang Hong, deputy general manager of the Shenzhen Stock Exchange, pointed out that helping the construction of the Bay Area is both a possibility and a responsibility for the Shenzhen Stock Exchange.The Shenzhen Stock Exchange has always been committed to serving technological innovation enterprises, private enterprises, and growing enterprises, and has played an active role in helping the Bay Area develop gradually.Under the leadership of the China Securities Regulatory Commission, the Shenzhen Stock Exchange will proactively merge the construction of the Bay Area, enrich the product system, accelerate the construction of the Shenzhen ETF market, and guide more medium- and long-term capital entry.Wang Hong said, “The core index of the Wan Chong 100 Index in the Guangdong-Hong Kong-Macao Greater Bay Area Series Index reflects the overall outlook of listed companies in the Greater Bay Area and highlights the advantages and characteristics of Bay Area economic development.The Baytron ETF allocates Bay Area assets to local external investors. It provides a one-stop investment in Bay Area characteristic listed companies and provides a convenient and effective investment tool for sharing Bay Area development dividends.”Wang Hailu, general manager of ICBC Credit Suisse said,” The Wan Chong 100 Index selected 100 high-quality companies with outstanding innovation capabilities from Shanghai, Hong Kong, and Shenzhen. The high-quality companies that are at the forefront of China’s economy are index sample stocks, which fit the theme of the era of innovation and development.It shows the unique advantages and characteristics of the Greater Bay Area, and reflects good growth and investment value.The first ICBC Credit Suisse application and the first issuance of the Baytron ETF, which is expected to better leverage the financial services capabilities of the real economy, while helping the Bay Area to become an all-round world-class Bay Area, while providing investors with the Bay Area development bonus, An efficient allocation tool to grasp the potential of strategic investment.According to reports, vigorously developing passive products, including ETFs, to meet the needs of our customers’ tool products, is an important long-term development strategy of ICBC Credit Suisse.The company has improved the advanced ETF management system to fully guarantee the stable operation and refined management of ETFs. Since 2009, it has formally managed ETFs and has maintained a record of “zero risk in operation”.At present, ICBC 返回码: 404 网站打不开?重查 Credit Suisse ‘s index funds and ETF product lines cover a wide range of industries including broad base, industry, theme, solid income, and overseas. A diversified tool-based product layout has gradually taken shape.As of the end of June 2019, the scale of ICBC Credit Suisse’s passive business management had doubled earlier, reaching US $ 39.7 billion, of which the size of stock index fund management reached 24 billion (equity ETF size of US $ 18.3 billion).  It is said that Zhang Ye, general manager of ICBC Credit Suisse Index Investment Center, introduced that the Baytron 100 Index is a benchmark index that highlights the innovation and development of the Bay Area and has good investment prospects.The weight of the information technology industry in its constituent stocks is significantly higher than other indexes. The patents obtained by A-share companies in the constituent stocks in the past three years have significantly exceeded the level of all A-share companies, and more than 80% of the companies have achieved 10More than one patent, outstanding scientific and technological innovation capabilities.Wind data shows that from June 30, 2017 (the base date of the index) to June 28, 2019, the cumulative yield of the Baytron 100 Index reached 18.21%, while the cumulative returns of the Shanghai and Shenzhen 300 Index increased by 4.33%, the Shanghai 50 Index is 14.93%, Wanchuang 100 achieved considerable excess returns relative to the two broad-based indexes.ICBC Credit Suisse Ventures 100ETF supports the replacement of ETF fund shares with A-share constituents during the raising period. It is attractive to investors who need to optimize the shareholding structure, and is suitable for the Guangdong, Hong Kong, and Macau Greater Bay Area with configuration needs. I hope to participate in the development of the Bay Area.Individual and institutional investors.  Recently, the “Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Shenzhen to Build a Socialist Pioneering Demonstration Zone with Chinese Characteristics” was officially released. The Guangdong-Hong Kong-Macao Greater Bay Area ushered in improvement and better historical development.Preliminary analysts believe that the ICBC Credit Suisse Venture Capital 100ETF combines the Guangdong-Hong Kong-Macao Greater Bay Area ETF, the technology innovation theme ETF and the Shanghai-Shenzhen-Hong Kong cross-border ETF, and many other features, which significantly differentiated into the preferred configuration tool for investment in the Bay Area.The product has set the highest rate, which is beneficial to holders and provides investors with an ideal investment tool to share the great development prospects of the Greater Bay Area.It is reported that the ICBC Credit Suisse Venture Capital 100ETF is being issued. Investors can subscribe through Guotai Junan, Guoxin Securities, Changjiang Securities, CITIC Construction Investment, Shenwan Hongyuan and other brokerage agencies before October 25.