The first batch of Hang Seng Technology ETFs were approved, including products from six fund companies, including Dacheng, Huaxia, Yifangda, Huaan, Bosera and Jiashi. The layout of Hong Kong stocks, more indexed investment tools. On the 8th, both E Fund and Huaxia Fund announced that the ETF fund tracking the Hang Seng Technology Index will be issued on June 5438+02 with a limit of 8 billion yuan.
It is understood that Hang Seng Technology Index is the third index launched by Hang Seng Index Company after Hang Seng Index and hang seng china enterprises index. The index selects the 30 largest Hong Kong-listed technology companies in five industries: information technology, medical care, unnecessary consumption, industry and finance, and mainly tracks the 30 largest technology stocks listed on the Hong Kong Stock Exchange. The current heavyweight companies include Tencent, Alibaba, Meituan, Xiaomi, JD.COM, SMIC and Netease.
Since its launch on July 27th last year, the Hang Seng Technology Index has increased by nearly 60% as of February this year. Since the beginning of this year, there has been a correction in the index, with a correction rate of 27%. Judging from the valuation, after the wide adjustment of the market after the Spring Festival of 202 1, the valuation of Hang Seng Science and Technology Index declined. By May 6th, 20021year, PE and PB were 47 times and 5.87 times respectively.
Since the beginning of this year, investors' enthusiasm for the layout of Hong Kong stocks has warmed up. Baidu and Didi were listed on Hong Kong stocks for the second time, and the number of emerging industrial companies in Hong Kong stocks increased. By the end of 2020, the market value of information technology industry in Hong Kong stock market has jumped from 20 14% at the end of 2008 to 34%. With the return of new economic leaders such as Alibaba, Netease and JD.COM, the enthusiasm of funds for the Hong Kong stock market is growing.
Regarding the investment opportunities of Hang Seng Technology ETF, Everbright Securities released the latest research report, pointing out that the Hang Seng Technology Index mainly includes high-tech enterprises listed in the Hong Kong market, so the valuation level is generally higher than that of broad-based indexes such as Hang Seng Index, but it is also the same as that of A shares. Compared with Kechuang 50 and Growth Enterprise Market Index, the PE level and PB of Hang Seng Science and Technology Index are relatively low.
Everbright Securities also said that with the economic recovery, the liquidity environment is under marginal tightening pressure, which puts pressure on the valuation of technology companies with relatively high valuation and liquidity sensitivity. But in the long run, the development of science and technology is the core source of social progress, and it is also the only way for China's economy to achieve transformation and upgrading. The long-term development trend of science and technology is very certain.
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Henan Hengsheng Technology Co., Ltd. was incorporated in Zhengzhou Administration for Industry and Commerce on 2015010/2. The legal representative is Chen Shengwei, whose business scope includes computer system integration; Installation and maintenance of safety equipment; Software development, etc.