State-owned capital operating institutions officially announced an increase in ETF holdings.
On December 1, China Guoxin Holdings Co., Ltd. (hereinafter referred to as "China Guoxin") announced on its official website that its subsidiary Guoxin Investment*** hereinafter referred to as "Guoxin Investment") increased its holdings in the CSI Guoxin Central Enterprises Technology Index** and will continue to increase its holdings in the future.
The rumors of state-owned capital operating institutions entering the ETF products under the **public offering** have been confirmed. On the same day, the major indexes of A-shares suddenly rose at noon, and the turnover of Bosera Central Enterprise Innovation ETF and Southern Central Enterprise Technology ETF suddenly increased, and the turnover of the whole day reached 32.1 billion yuan and 29.8 billion yuan.
In addition to China Guoxin, a state-owned capital operating institution that officially announced the purchase of ETFs for the first time, Huijin has also made many moves before. Industry insiders said that the current A-share has long-term allocation value, incremental funds into the market is ushering in a rare window of opportunity, and many institutions are taking active actions to boost market confidence with "real gold".
Guoxin Investment spent 100 million yuan to purchase ETFs
Judging from the trading changes in the ETF market, on December 1, the turnover of Bosera Central Enterprise Innovation ETF and Southern Central Enterprise Technology ETF suddenly increased, and the full-day turnover reached 32.1 billion yuan and 29.8 billion yuan, while the previous day's turnover of the 2 ETFs was only 64.19 million yuan and 33.63 million yuan.
Market analysts believe that Guoxin Investment may spend more than 100 million yuan to buy the above two ETFs on December 1.
Bosera Central Enterprises Innovation ETF and Southern Central Enterprises Technology ETF are the largest central state-owned enterprises in the market, respectively.
According to public information, the Southern Central Enterprises Technology ETF, which is suddenly very active, will be listed in June 2023, with the latest scale of about 800 million yuan and an average daily turnover of about 45 million yuan since its listing, making it the largest and most liquid central state-owned enterprise technology theme ETF in the market. Its underlying index mainly selects 50 listed companies under the State-owned Assets Supervision and Administration Commission (SASAC) whose business involves aerospace and defense, computer, electronics, semiconductors, communication equipment and technical services as a sample to reflect the overall performance of listed companies with science and technology themes of central enterprises. The constituent stocks are all independent and controllable leaders in various science and technology fields, representing the growth direction of science and technology of central state-owned enterprises.
Bosera Central Enterprise Innovation ETF was listed in December 2019, with the latest scale of about 4 billion yuan and an average daily turnover of about 70 million yuan since the beginning of this year, making it the largest and most liquid central enterprise innovation ETF in the market. The ETF tracks the Central Enterprise Innovation Driven Index (SOE) which is a high-quality index positioned in "Innovation + Growth", with 100 constituent stocks, and the characteristics of strategic emerging industries are prominent, accounting for nearly 80% of strategic emerging industries. From the perspective of industry distribution, the main industries are distributed in national defense and military industry, computers, electronics, communications, electrical equipment, machinery and equipment and other industries with strong scientific and technological attributes, accounting for more than 60%.
Why are 2 ETFs favored by Guoxin Investment?
Li Jialiang, manager of the Southern Central Enterprises Science and Technology ETF, said that in the context of the new era, central state-owned enterprises are not only the pillars of the national economy, but also the backbone of tackling the core "neck" technology in the field of science and technology and promoting independent and controllable. Technology-based central state-owned enterprises are located at the intersection of development and security, which is very suitable for the theme of the new era. Internationally, the trend of "de-globalization" has intensified, which has brought about an increase in the demand for the security of the industrial chainDomestically, under the current macroeconomic situation of "weak recovery", technology-based central enterprises will play an important role in promoting investment, boosting employment and promoting industrial upgrading. In the long run, technology-based state-owned enterprises are the national team of scientific and technological innovation, the national strategic scientific and technological force, and occupy an irreplaceable dominant position in the national technological innovation system. The long-term position of science and technology-based central state-owned enterprises as the vanguard of China's scientific and technological development remains unchanged in the future. The investment value of the state-owned enterprise technology ETF will continue to be highlighted, and it is expected to continue to be recognized by the capital market and create a good environment for the high-quality development of state-owned listed companies.
Yang Zhenjian, manager of Bosera Central Enterprise Innovation ETF, said that under the goal of building a modern socialist country in an all-round way, central enterprises will shoulder a new mission of building an emerging strategic industrial chain and innovation system. Including building the second growth curve, increasing the growth rate of central state-owned enterprises, and leading the breakthrough of strategic emerging industries, the current cultivation and expansion of strategic emerging industries has become the primary task of national reform in the new era. In recent years, the quality of listed companies of central enterprises has made a qualitative leap in the overall quality of listed companies from the top-level design to the comprehensive deepening of the reform of state-owned enterprises. At present, the ** assets of central enterprises, whether PE or PB, are still at the bottom of the historical fluctuation range, and strategic allocation at this time is expected to enjoy the dual advantages of future valuation repair and corporate profitability recovery after the macro stabilization and recovery.
Who is Guoxin Investment?
Guoxin Investment, which increased its stake in the ETF of central enterprises, belongs to the equity operation platform of China Guoxin to carry out state-owned capital operation. According to reports, Guoxin Investment will take the initiative to play a leading role in capital, make full use of the pivotal function of the capital market, accelerate the transformation of state-owned capital form and layout optimization by revitalizing the stock equity of listed companies of central enterprises and the stock assets in the field of infrastructure, and guide capital to concentrate in strategic emerging and scientific and technological innovation industriesParticipate in the capital operation of central enterprises, help central enterprises to do a good job in market value management, optimize the equity structure and governance mechanism, enhance industrial competitiveness, and enhance the control of the capital marketWhile supporting the deepening of reform and innovation and development of central enterprises, it will obtain long-term stable income and realize the preservation and appreciation of state-owned capital.
Guoxin Investment has made frequent moves in the capital market.
Huada Semiconductor*** underwent industrial and commercial changes in July this year, and Guoxin Investment held about 123% stake.
Guoxin Investment also holds 77% stake. China's uranium industry is the national team and main force of uranium exploration in China, and is the franchisee of natural uranium products in China, mainly engaged in the exploration and development of uranium and other mineral resources at home and abroad. On April 11 this year, the registration of China's uranium A-share listing guidance was accepted by the China Securities Regulatory Bureau.
Guoxin Investment's shareholder, China Guoxin, also has a lot of background. According to the official website of China Guoxin, the company was established on December 22, 2010, and is one of the most advanced enterprises supervised by the State-owned Assets Supervision and Administration Commission, and was identified as a pilot state-owned capital operation company by the leading group for the reform of state-owned enterprises in early 2016, and officially transferred from the pilot to the stage of continuous deepening reform in December 2022.
As of the end of 2022, the total assets of China Guoxin were nearly 860 billion yuan, and the net profit in 2022 was nearly 24 billion yuan. China Guoxin has established and operated a new national system, including Guoxin Guotong, central enterprise operation, science and technology, double hundred, national reform science and technology, comprehensive reform experimental group, Guoxin Xinyuan, Guoxin Zhongxin, Guoxin high-level talents, etc., to support enterprises to deepen reform, innovate and develop and optimize their layout, and cultivate and incubate forward-looking strategic industries.
Send a positive signal.
Guoxin Investment officially announced that it would increase its holdings in the central enterprise technology index**, sending a positive signal to the market.
Industry insiders said that the current A-share has long-term allocation value, incremental funds into the market is ushering in a rare window of opportunity, and many institutions are taking active actions to boost market confidence with "real gold".
Nanfang ** believes that Guoxin Investment's increase in the central enterprise science and technology index** has once again injected incremental funds into the market, which not only boosts investor confidence, but also demonstrates the confidence of state-owned capital in high-quality scientific and technological innovation central enterprises and the recognition of their investment value.
Bosera ** said that Guoxin Investment's increase in the central enterprise science and technology index** this time sent a positive signal, showing that it is optimistic about the development trend of China's economy in the medium and long term, reflecting its long-term confidence in the capital market, recognizing the current low valuation level of central enterprises, and optimistic about the medium and long-term investment value of scientific and technological innovation enterprises. On the one hand, this increase in holdings will help boost market confidence, improve market capital, and demonstrate the value judgment and responsibility of long-term institutional investors. On the other hand, we should make full use of the pivotal function of the capital market, guide capital to concentrate in strategic emerging and scientific and technological innovation industries, promote the development of high-tech industries and strategic emerging industries, and make greater contributions to the high-quality development of the real economy.