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Sponsored by the Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd., the “Tracking China through Indexes” virtual roadshow was held on March 30. Oriented to international institutional investors, the promotion activity focused on in-depth discussion on the trend of Chinese index investment, STAR 50 ETFs, ESG investment opportunities and the international development of domestic indexes. The morning session and afternoon session, customized respectively for investors from Asia-pacific, North America and Europe, Africa and Middle East, attracted more than 200 representatives of institutional investors from over 20 countries and regions.
In his address to the promotion activity, Liu Ti, SSE Executive Vice President briefed the latest growth of the stocks, bonds, funds and derivatives markets on the SSE and the results of innovation on the SSE index over the recent years. Besides, Liu highlighted the prospects for the SSE indexing business in terms of optimizing the existing index compilation scheme, attaching importance to developing ESG indexes and exploring new international cooperation models.
The promotion activity focuses on index investment, STAR 50 index and ESG index system. The guests were briefed on the domestic index market system and the developments of domestic index investment. With the ESG indexes as a highlight, the promotion activity organized speeches according to the logic and features of the Chinese ESG assessment system, the Chinese ESG index system and the development of domestic ESG investment so as to improve the understanding by international investors of the ESG development trend of the Chinese listed companies and the ESG index system with Chinese characteristics. The round-table forum, from the perspective of international investors, invited international institutional investors to share their observation and practices of ESG investment in the A-share market. All this aimed to share information and experience for more international investors to involve in the ESG investment of A Shares.
Currently, the domestic index investment has stepped into a stage of rapid growth. The domestic indexing system, with the SSE and CSI benchmark indexes, has formed a product chain including stock index futures, stock index options, ETFs, ETF options and index funds. The growing global influence of the SSE indexes helps expand the overseas issuance of index products. The recent debut of several STAR 50 index products in overseas markets including Hong Kong and the US marks a new breakthrough for the SSE index business. In addition, with the increasing emphasis on green development in China, domestic and foreign institutional investors have become more active in investing in China's green assets, and many A-share ESG ETFs with Chinese ESG indexes as benchmarks have been listed on domestic and overseas markets.
Going forward, the SSE will focus on the improvement of the index system and the compilation scheme of existing indexes, the expansion of the index product chain, the global promotion of the local indexes, as well as the issuance of more products tracking local indexes in the markets at home and abroad. All this will contribute to providing Chinese solutions for global asset allocation, higher degree of internationalization of the SSE market, and the global influence of the domestic indexes.
