The first batch of 12 Science and Technology Innovation Index ETFs has been officially approved, bringing a new force to the capital market.

On January 22, 12 fund companies including E Fund, Huatai Bairui, Huaxia, Nanfang, and Boshi were approved for the issuance of science and technology innovation comprehensive index ETFs. Public information shows that the first batch of 12 science and technology innovation comprehensive index ETFs closely track the Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index (referred to as "Science and Technology Innovation Index"). Specifically, the products approved for E Fund, Huatai Bairui, Huaxia, Nanfang, Boshi, Huitianfu, Zhongshang, Tianhong, and Jianxin fund companies are the Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive ETF; while products approved for Fuguo, Jingshun Changcheng, and Bank of Communications Rui Xin fund companies are the Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Price ETF. The science and technology innovation index is positioned in the market comprehensive index of the science and technology innovation board. According to the latest index samples published by the Shanghai Stock Exchange and China Securities Index Co., Ltd., the number of sample stocks in the science and technology innovation index is 565, with a market value coverage of nearly 97%, including various types of securities in large, medium, and small caps. In terms of industry distribution, the industry distribution of the science and technology innovation index is relatively balanced, with a high proportion of industries such as semiconductors, power equipment, machinery manufacturing, and pharmaceuticals. Among them, the weight of semiconductors is 38%; while the industry distribution of the science and technology innovation 50 index is more focused, with the weight of semiconductors reaching 62%. Since its establishment, the science and technology innovation board has fully played its role as a "testing ground" for reforms and continues to create a "main battlefield" for nurturing new productive forces. As of the end of 2024, the number of listed companies on the science and technology innovation board has reached 581, with a total market value exceeding 6.34 trillion yuan. Against the backdrop of a steady increase in the number of listed companies, the Shanghai Stock Exchange and China Securities Index Co., Ltd. have researched and launched the Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index to provide a more comprehensive representation tool for the science and technology innovation board market. Nanfang Fund stated that the science and technology innovation board is oriented towards the forefront of world technology and national strategy, gathering "hard tech" enterprises, with a high proportion of "new" elements and broadly covering the new productive forces represented by the "eight major strategic emerging industries + nine major future industries". The introduction of the first batch of science and technology innovation comprehensive index ETFs enhances the convenience for investors to invest in the science and technology innovation board, is expected to attract incremental capital into the market, guide funds to support the development of "hard technology", and further enhance the service level of the capital market for key core technology innovation and the development of new productive forces.