Recently, a number of subdivided ETF products have been approved.
These include Penghua Chemical ETF, Huatai Bairui Zhongzhen Rare Earth Industry ETF and the first game ETF.
It is understood that Penghua Chemical ETF is the first chemical ETF in the whole market. Recently, the chemical industry performance is quite strong, a number of the year up on the fund, the four quarters show heavy warehouse is the chemical industry.
Yan Dong, the intended fund manager of the product, once mentioned in an exchange activity that chemical stocks in 2021 took the lead, mainly because of the excellent performance of listed chemical companies in the fourth quarter of 2020 and the first quarter of 2021. According to the 2020 performance forecast released in January, the performance of chemical enterprises ranked at the forefront of all industries; From the valuation point of view, the valuation of chemical enterprises also has advantages in all industries. Data show that from the perspective of historical valuation, the valuation of consumption and technology ranks 80% or even more than 90% of the historical subtile, and the valuation of chemical industry is only about 50% of the historical subtile. Confirmed results and low valuations have helped chemical stocks to be among the top gainers since the start of 2021. It is expected that the performance of chemical listed companies in the second quarter of 2021 is still expected to remain good, and it may still be a good time to layout chemical stocks.
It is understood that Huatai Bairui the layout of the China rare earth industry ETF is the market’s first rare earth ETF.
Rare earths are used in a wide range of fields, and are indispensable and valuable resources in strategic emerging fields such as new energy and new materials, as well as in the military industry. The Huatai Bairui Rare Earth ETF approved this time will track the China Stock Exchange Rare Earth Industry Index, which selects listed companies involved in rare earth mining, rare earth processing, rare earth application and other related businesses as constituents to reflect the overall performance of listed companies in the rare earth industry.
In addition, Huatai Bairui card animation game ETF is also one of the first game ETFs. This product tracks the animation and game index of CSRC, and selects listed companies whose main business involves animation, cartoon, game and other related subdivisions of the entertainment industry as sample stocks to reflect the overall performance of the animation and game industry.
According to the introduction, the index is currently at a historic low, leading valuation is attractive, and the industry ushered in a new product cycle, the future Davis double rise can be expected. China is the world’s largest game market and the country with the largest revenue from game research and development. The industry has huge potential for development. In addition, the Spring Festival effect and the epidemic of the long-term or re-birth of the “house economy”, the game industry prospects, is now a better allocation of the time point.
Reprint indicated source：Shine Trader Limited Live information