Focus on Strategic Emerging Industries: 15 Hard Technology-Themed Funds Approved

Securities Times Reporter Cheng Dan

The China Securities Regulatory Commission recently approved a new batch of hard technology-themed fund products. Fifteen products were approved on the same day, mainly passive funds tracking the Innovation and Entrepreneurship Artificial Intelligence Index, and active funds based on the China Strategic Emerging Industries Index, focusing on core technology and the growth of strategic emerging industries.

These products have entered the full preparation stage for issuance and are expected to start fundraising gradually in the near future. After the fundraising is completed, they will follow regulations to handle filing, listing, trading, and other related procedures, steadily advancing their implementation and operation.

Among them, seven are passive products tracking the CSI Innovation and Entrepreneurship Artificial Intelligence Index, namely China International Capital Corporation (CICC) Innovation and Entrepreneurship Artificial Intelligence ETF, Taikang Innovation and Entrepreneurship Artificial Intelligence ETF, Hu’an Innovation and Entrepreneurship Artificial Intelligence ETF, Fullgoal Innovation and Entrepreneurship Artificial Intelligence ETF, Xingyin Innovation and Entrepreneurship Artificial Intelligence ETF, Invesco Great Wall Innovation and Entrepreneurship Artificial Intelligence ETF Connect Fund, and Bank of China Innovation and Entrepreneurship Artificial Intelligence Index Fund. These cover ETF, index fund, and ETF linkage fund formats, offering advantages such as convenient trading, low fees, high transparency, and minimal tracking error. They are suitable for quick trading on the exchange and can also be deployed through off-exchange channels, helping investors grasp AI sector opportunities with a single click.

The CSI Innovation and Entrepreneurship Artificial Intelligence Index specifically selects 50 listed companies involved in providing foundational resources, technology, and application support for artificial intelligence from the STAR Market and ChiNext Board as index samples. It accurately reflects the overall performance of AI-themed listed companies in the Innovation and Entrepreneurship sector, focusing on core assets across the AI industry chain.

The other eight are actively managed funds tracking the China Strategic Emerging Industries Composite Index, including Xingzheng Asset Management Technology Growth Hybrid, China-Canada Technology Pioneer Intelligent Selection Hybrid, Xinhua Technology Selection Hybrid, Dongcai Emerging Industry Sharp Selection Hybrid, Caitong Asset Management Technology Research Selection Hybrid, Nuoya Technology Intelligent Selection Hybrid, Southern Technology Leading Hybrid, and Peng’an Core Technology Hybrid. These products use the China Strategic Emerging Industries Composite Index as an investment anchor, relying on the fund managers’ professional research capabilities to select high-quality targets within nine strategic emerging industries, flexibly adjust holdings, and identify leading companies with growth potential. They aim for investment returns surpassing the index and are suitable for long-term value growth investors who prefer active management.

The China Strategic Emerging Industries Composite Index includes securities from nine major fields: new-generation information technology, high-end equipment manufacturing, new materials, biotechnology, new energy vehicles, renewable energy, energy conservation and environmental protection, digital creativity, and high-tech services, providing a comprehensive reflection of the overall performance of companies in China’s strategic emerging industries.

Both types of products focus on national strategic emerging industries, precisely aligning with the goal of high-level technological independence and self-reliance. Market analysts believe that, on one hand, this will effectively guide long-term and medium-term funds into the hard technology and emerging industry frontiers, helping to break through key core technological bottlenecks and accelerate the transformation of scientific and technological achievements, thus promoting industrial clustering and upgrading; on the other hand, it will improve the capital market’s science and technology financial ecosystem, providing investors with professional and standardized investment channels, fostering a positive interaction between industrial development and wealth appreciation, and providing solid capital support for cultivating new productive forces.

This year marks the beginning of the 14th Five-Year Plan, with the National Two Sessions explicitly proposing to lead high-quality development through new productive forces, focusing on cultivating and expanding strategic emerging industries, and deepening comprehensive reforms in capital market investment and financing, guiding long-term funds into technological innovation. Wu Qing, Chairman of the China Securities Regulatory Commission, emphasized at the Fourth Session of the 14th National People’s Congress that efforts should be made to improve the inclusiveness and adaptability of the capital market system, highlight the orientation of “supporting excellence and supporting science,” and accelerate the integration of technological and industrial innovation.

Industry insiders believe that the concentrated approval of these products is a concrete practice of the capital market serving the real economy and supporting technological innovation, as well as an important measure to optimize technological investment tools and improve wealth management systems. Moving forward, as these products are launched and issued, they will further attract incremental funds to deploy in the hard technology and strategic emerging industries sectors, strengthen the resource allocation function of the capital market, help tech innovation companies grow stronger, and promote high-quality development of China’s science and technology industry. At the same time, they will enable more investors to share in the dividends of the development of strategic emerging industries and artificial intelligence industries.