Huasheng online November 29 (All media reporter Pan Xianxuan) was established more than a year ago and the CBEX ushered in a new era of index investing. Today, the first batch of 8 CBSE 50 index funds is officially launched, which will expand the investment channels of the CBEX, lower the investment threshold, attract long-term incremental funds, and improve the liquidity of the CBEX market.
8 funds compete on the same stage
The first batch of 8 Beiqi 50 index funds comes from 8 leading fund companies including China Asset Management, E Fund, China Southern Asset Management, Harvest Fund, Wells Fargo Fund, China Universal Fund, GF Fund and China Merchants Fund. The fundraising deadline is different for each fund: the shortest subscription period is 14 days and the longest is 25 days. For example, the issuance period of the E Fund Beijing 50 Index Fund is from 29 November to 12 December. The fundraising period for the South China North Securities 50 Index Fund is from November 29th to December 14th. The fundraising period of the China Universal North Securities 50 Index Fund is from 29 November to 23 December.
Except for the South China North Securities 50 Component Index Fund, which limits fundraising to 499 million yuan, the other 7 products have a fundraising limit of 500 million yuan. Judging from the proposed fund manager candidates, there are currently three fund managers with a fund management scale of more than 10 billion yuan, namely GF Fund’s Liu Jie (31 billion yuan), China Asset Management Li Jun (28.8 billion yuan) and Wang Lele of Fuguo Fund. (13.1 billion yuan); From the perspective of fund management years, Liu Jie has the longest tenure, more than 8 years; Wang Lele and Southern Fund Li Jialiang have a term of more than 6 years.
According to the regulations of the Beijing Stock Exchange, individual investors must meet two conditions to participate in the trading of shares of the Beijing Stock Exchange: First, the assets in the securities account and the capital account in the 20 trading days preceding the application for authorization are open are not less than RMB 500,000 (funds and securities raised by the investor through margin financing and stocklending are not included). The second is to participate in securities trading for more than 24 months.
The reporter noted that among these 8 funds, except for Fuguo Beizheng 50’s investment threshold starting at 10 yuan, the other 7 funds’ investment threshold starts at 1 yuan. For investors, the Beijing Stock Exchange 50 Index Fund undoubtedly greatly reduces the transaction threshold for investor participation in the Beijing Stock Exchange investment.
The Beijing Stock Exchange 50 Index sample was adjusted for the first time
On November 25, the official website of the Beijing Stock Exchange announced that according to the index compilation plan, the Beijing Stock Exchange and China Securities Index Co., Ltd. will regularly adjust the sample stocks and candidate list of the North Securities 50, which will go into effect on December 12. This time, Cade Quartz and Suzhou Co., Ltd. were moved into the index, and Zhu Laoliu and Tonghui Electronics were moved out of the index. At the same time, 5 stocks including Fangda New Materials, Dezhong Automobile, Hongxi Technology, China Equipment Consulting and Sanyou Technology entered the candidate list. This is also the first time that the CBSE has adjusted the CBSE 50 index sample.
At present, there are three companies listed on the Beijing Stock Exchange in Hunan, namely Wuxin Tunzhuang, Dezhong Automobile and New Weiling. Among them, Wuxin Tunzhuang is a champion stock of Beijing Stock Exchange 50, Dezhong Automobile entered the candidate list for this adjustment, and New Weiling is a new stock listed on November 24th.
According to the Harvest Fund, the Beijing Stock Exchange 50 Component Index has an obvious specialization, special new attributes. There are 19 companies in the index that are specialized, special-new enterprises, with a total weight of 34.08%, including the high-end equipment manufacturing, new chemical materials, information technology and other industries account for a relatively high.
It is worth mentioning that the CBEX has also recently launched a number of policy combinations, including the launch of margin financing and securities lending, reducing transaction management fees, etc., to promote market maturity CBEX extension.
(First test: Zhu Rong Second test: Huang Jing Third test: Zhou Wenbo)
