On April 11, SZSE’s wholly-owned subsidiary Shenzhen Securities Information Co., Ltd. released four indexes, namely, SZSE New Infrastructure 50 Index, CNI CUFE Carbon Neutral Green Bond Index, CNI CUFE Carbon Neutral 50 Index, and CNI HK Connect New Chinese Products 50 Index. That has further enriched the index series with Shenzhen market characteristics, refined the green index system, and expanded the scope of targets tracked by index funds.
The 14th Five-year Plan period is a critical period for speeding up the construction of new infrastructure, an important window period for achieving carbon peak and carbon neutrality, and also a strategic opportunity to promote the building of a manufacturing power and a manufacturer of quality and cultivate high-end Chinese brands. In recent years, SZSE has earnestly implemented the requirements of the national 14th Five-year Plan and followed the overall plan of China Securities Regulatory Commission (“CSRC”). We have kept strengthening index R&D and the development of the index product system, and provided diversified medium- and long-term investment targets to the market. The four indexes released this time focus on the national strategies concerning new infrastructure, carbon neutrality and building of Chinese brands. They will not only guide resource allocation to support the implementation of national strategies but also provide a diverse of investment targets to the capital market that will allow more investors to share the benefits from the development of relevant industries.
SZSE New Infrastructure 50 Index (“SZSE New Infra 50” for short, Code “399274”) is comprised of 50 constituent stocks, which are the top 50 SZSE-listed A-share stocks engaged in new infrastructure fields such as 5G, extra-high voltage, rail transit, new energy vehicle, industrial internet and artificial intelligence (AI) by total market value. According to estimation, the annualized return of the index from its base date 31 December 2012 to 31 March 2022 is 14.1%.
CNI CUFE Carbon Neutral Green Bond Index (“Carbon Neutral Bond” for short, Code “399289”) comprises SZSE-listed investment-grade bonds that are certified or identified as carbon neutral green bonds. CNI CUFE Carbon Neutral 50 Index (“Carbon Neutral 50” for short, Code “980021”) is comprised of 50 SZSE-listed A-share stocks, which are the top 50 companies by total market value from green and low-carbon industries or have excellent performance in transformation. The International Institute for Green Finance of Central University of Finance and Economics provides research support for the selection of relevant carbon neutral securities. According to estimation, the annualized return of Carbon Neutral Bond from its base date 31 December 2020 to 31 March 2022 is 3.8%, and that of Carbon Neutral 50 from its base date 31 December 2014 to 31 March 2022 is 11.4%.
The constitute securities of CNI HK Connect New Chinese Products 50 Index (“HKCNCP” for short, Code “987024”) are, by total market value, the top 50 stocks for Hong Kong Stock Connect trading under the Shenzhen-Hong Kong Stock Connect mechanism from companies with new Chinese brand characteristics in the fields of digital home appliances, clothing & accessories, food & health, home life, transportation, etc. It is estimated that the annualized return of the index from its base date 31 December 2014 to 31 March 2022 is 7.5%.
Next, SZSE will, under CSRC’s leadership, fully apply the new development philosophy in the right way, and in all fields of endeavor and give full play to the functions and roles of the capital market. We will keep enriching and innovating in investment targets, effectively direct market resources to fields with key national support, and intensify support to technological innovation, green and low carbon initiatives, advanced manufacturing, etc., so as to better serve the creation of a new pattern of development and the realization of high-quality economic development.
