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The “big is beautiful” style is back, packaging a trillion-dollar leader, the SSE 50 ETF Tianhong (530003) is here!

2024-08-12

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The "national team" takes the lead in increasing holdings! Currently, ETFs and insurance funds have become important sources of incremental funds in the market. Institutional funds have further pushed the market to focus on large-cap leaders, and the "big is beautiful" style has re-emerged.

The SSE 50 Index selects the 50 most representative securities with large scale and good liquidity in the Shanghai securities market as samples, and comprehensively reflects the overall performance of a group of leading companies with the most market influence in the Shanghai securities market. The SSE 50 ETF Tianhong (stock code: 530000, subscription code: 530003) was launched on August 12, providing an ideal investment tool for investors who are optimistic about the SSE 50.

The overall industry distribution of the Shanghai Composite 50 Index is relatively concentrated, with the top three heavily invested industries being banking, food and beverages, and non-bank finance. The value attributes and moat effects of leading companies are obvious. Popular constituent stocks include banking stocks such as China Merchants Bank (600036.SH) and Industrial and Commercial Bank of China (601398.SH), food and beverage consumption-themed stocks such as Kweichow Moutai (600519.SH), Yili Group (600887.SH), and Haitian Flavoring (603288.SH), insurance-themed stocks such as Ping An of China (601318.SH), Chinese-character stocks such as PetroChina (601857.SH), China Construction (601668.SH), and China Mobile (600941.SH), new energy leaders such as Longi Green Energy (601012.SH) and China Yangtze Power (600900.SH), biopharmaceutical leaders such as WuXi AppTec (603259.SH) and Hengrui Medicine (600276.SH), and cutting-edge technology companies such as GigaDevice (603986.SH) and Will Semiconductor (603501.SH).

SSE 50 ETF Tianhong (stock code: 530000, subscription code: 530003) pursues to closely track the SSE 50 Index and is another major product deployed by Tianhong Fund in the ETF field. At the end of 2015, Tianhong Fund became the first fund management company in the history of China's fund industry to have an asset management scale of over one trillion yuan. With a strong investment research team and a complete passive product line, it has a full coverage product system including broad-based, industry, theme, commodity and other fields.

Funds are risky and investment should be cautious; individual stocks are for display purposes only and do not represent recommendations.

Daily Economic News