E Fund SSE 50 Enhanced Index Fund As of 31 December 2019

Total Page:16

File Type:pdf, Size:1020Kb

E Fund SSE 50 Enhanced Index Fund As of 31 December 2019 E Fund SSE 50 Enhanced Index Fund As of 31 December 2019 Investment Objective Product Features Under the premise of strict control against risk of deviation from the The Fund is an enhanced equity index fund. It mainly invests in benchmark index, the Fund strives to obtain investment returns constituents of the benchmark index, including constituent stocks of beyond the index and pursue long-term capital appreciation. SSE 50 Index and stocks expected to be included in the index. It may also invest in stocks in the primary market (including new Benchmark: SSE 50 Index shares and additional issues) as appropriate in order to enhance returns on the condition of not taking additional risk. Under normal condition, the proportion of equity investment should not be less than 90% of the net assets of the Fund. The Fund will maintain not less 5% of its net assets in cash or government bonds with maturity within 1 year. Cumulative Performance* Since Fund Facts YTD 3 Months 6 Months Launch1 Class A 461.72% 51.11% 5.04% 7.54% Portfolio Manager: Shengji Zhang Benchmark 185.82% 33.58% 5.71% 4.53% Class C 60.31% 50.66% 4.96% 7.39% Custodian: Bank of Communications Benchmark 24.22% 33.58% 5.71% 4.53% 1 Year 2 Years 3 Years Auditor: Ernst & Young Class A 51.11% 25.94% 77.95% Benchmark 33.58% 7.09% 33.95% Class A: 22 March 2004 Class C 50.66% 25.29% - Inception Date: Class C: 06 June 2017 Benchmark 33.58% 7.09% - Calendar Year Performance* Base Currency: RMB 2019 2018 2017 2016 2015 YTD Dealing and Trading Daily Class A 51.11% -16.66% 41.29% -0.76% 3.81% Frequency: Benchmark 33.58% -19.83% 25.08% -5.53% -6.23% Class C 50.66% -16.84% 27.95% - - Bloomberg Ticker: EFSSE50:CH Benchmark 33.58% -19.83% 15.99% - - 2014 2013 2012 2011 2010 Class A: 110003 ISIN / Trading Code: Class A 60.94% -11.35% 14.73% -18.06% -19.18% Class C: 004746 Benchmark 63.93% -15.23% 14.84% -18.19% -22.57% Class C - - - - - Class A: RMB 17.19 billion (USD 2.46 billion) Benchmark - - - - - AUM: Class C: RMB 2.55 billion 2009 2008 2007 2006 2005 (USD 366.23 million) Class A 77.36% -63.94% 123.25% 126.72% -0.43% Benchmark 84.40% -67.23% 134.13% 126.68% -5.50% Class A: 1.8080 NAV: Class C - - - - - Class C: 1.7962 Benchmark - - - - - * NAV-to-NAV return, net return with dividend (if any) NOT reinvested. 1. The net return of Class A fund since launch is calculated from 22 March 2004, the net return of Class C fund since launch is calculated from 6 June 2017. Note: Past performance information is not indicative of future performance. Investors may not get back the full amount invested. Risk Reminder and Important Notice: • These materials are solely for communication and exchange within E Fund Management Co., Ltd. and for use by professional investors. These materials shall not be published or disseminated to any external party including but not limited to distribution in printed format or placing of copies at sales counters. • Any information contained in these materials which originates from this Company and this Fund, including the scale of assets under management, basic information on the fund, past performances, and prizes and awards, does not represent any determinative judgment on this Fund, and does not foretell the actual outcome of future operation of this Fund or the actual return it may yield. Nor does such information constitute any investment advice. The investment return of this Fund may vary as a result of changes in the market environment or other factors. • None of the contents of or statements in these materials shall be legally binding, or shall constitute part of any legal agreement, or shall be regarded as constituting an offer or invitation to treat made to any person, or shall constitute any promise. E Fund Management Co., Ltd. and its employees do not give any investment advice or any guarantee on investment return in respect of the contents of these materials, nor shall E Fund Management Co., Ltd. and its employees assume liability for any direct or indirect loss or damage arising from the use of these materials and the contents thereof by any person. • The information contained in these materials is for reference only and does not serve as promotion or marketing materials or legal documents. For specific details regarding this Fund, please refer to the fund contract and prospectus of this Fund. E Fund SSE 50 Enhanced Index Fund As of 31 December 2019 Asset Allocation (% of Total Assets) Top 10 Stock Holdings (% of Total Net Assets) Ping An Insurance (Group) Company of China, Ltd. 14.88% 2.80% 0.39% 3.53% Kweichow Moutai Co., Ltd. 9.63% Equity Inner Mongolia Yili Industrial Group Co., Ltd. 9.50% China Merchants Bank Co., Ltd. 8.40% Jiangsu Hengrui Medicine Co., Ltd. 6.77% Bank Deposit & Settlement China State Construction Engineering Co., Ltd. 4.83% Reserve Industrial Bank Co., Ltd. 3.80% Industrial and Commercial Bank of China Limited 2.50% Others China Pacific Insurance (Group) Co., Ltd. 1.94% 93.28% Poly Real Estate Group Co., Ltd. 1.77% Bond Market Review In Q4 2019, domestic economic growth showed signs of weak recovery, with the monetary and fiscal policies remaining neutral and tilting towards expansion. Encouraged by the major progress in US-China trade Equities Sector Breakdown (Active Investment) negotiations, the market rebounded significantly. From January to November, the national industrial value added of enterprises above designated scale increased by 5.6% YoY, the national fixed asset Manufacturing* 0.01% investment grew by 5.2% YoY and the real estate development investment 0.03% 0.01% rose by 10.2% YoY, still slowing down. Total retail sales of consumer 0.66% goods grew by 8.0% in nominal terms YoY. Auto sales continued to decline, Finance and real estate sales recovered. In the first 11 months, the total floor space of sold residential properties nationwide increased by 1.6% YoY. Driven by the rise in pork and fruit prices, domestic inflation picked up rapidly. In Transportation, Warehouse, November, the consumer price index (CPI) rose by 4.5% YoY, while the and Postal Service producer price index (PPI) fell by 1.4% YoY. During the reporting period, 5.15% the US Federal Reserve further lowered interest rates and the US stock Health and social services market rebounded sharply. China’s monetary policy remained expansionary, with M2, the broad money supply, rising by 8.2% YoY at the 11.67% end of November, while inter-bank interest rates and Treasury bond rates remained low. With the fiscal policy becoming more proactive, the quota of Communication, Software and IT Services special-purpose local government bonds was increased. A-shares rebounded sharply during the reporting period, with the SSE Composite Index up 4.99% and the SSE 50 Index up 5.71%. By industry, construction Agriculture, Forestry, and building materials, electronics, household appliances and media were Livestock, Fishery among the top gainers. A small number of industries, such as national defense commercial trade, saw declines. Equities Sector Breakdown (Index Investment) Mining 1.44% Construction Fund Strategy Manufacturing* 33.59% This Fund is an enhanced index fund which tracks the SSE 50 Index. As Transportation, required by the contract, the stock positions are kept at 90% or above. In Warehouse, and Postal terms of industry allocation, the weighting of allocation for most industries Service Financial is consistent with that of the index. The Fund allocated more to industries such as food & beverage and medicine, and less to industries such as 4.83% banking and securities dealership. During the period under review, based Real Estate on judgments upon the market situations, this Fund made slight adjustments to its operation, mainly by reducing the weighting for sectors 31.80% Leasing and Commercial such as real estate and mining, and increasing allocations in industries 1.69% Services such as banking and insurance. During the period under review, this Fund outperformed the benchmark index. 0.20% Research and 1.47% 1.77% Technological Services *Note: according to the CSRC industry classification guideline, Manufacturing consists of 31 subcategories which has including food manufacturing, medical manufacturing, general equipment manufacturing, furniture manufacturing, etc. Manufacturing carries the most subcategories in all industry sectors. Risk Reminder and Important Notice: • These materials are solely for communication and exchange within E Fund Management Co., Ltd. and for use by professional investors. These materials shall not be published or disseminated to any external party including but not limited to distribution in printed format or placing of copies at sales counters. • Any information contained in these materials which originates from this Company and this Fund, including the scale of assets under management, basic information on the fund, past performances, and prizes and awards, does not represent any determinative judgment on this Fund, and does not foretell the actual outcome of future operation of this Fund or the actual return it may yield. Nor does such information constitute any investment advice. The investment return of this Fund may vary as a result of changes in the market environment or other factors. • None of the contents of or statements in these materials shall be legally binding, or shall constitute part of any legal agreement, or shall be regarded as constituting an offer or invitation to treat made to any person, or shall constitute any promise. E Fund Management Co., Ltd. and its employees do not give any investment advice or any guarantee on investment return in respect of the contents of these materials, nor shall E Fund Management Co., Ltd.
Recommended publications
  • Universidade Federal Do Rio Grande Do Sul Escola De Administração Especialização Em Mercado De Capitais
    UNIVERSIDADE FEDERAL DO RIO GRANDE DO SUL ESCOLA DE ADMINISTRAÇÃO ESPECIALIZAÇÃO EM MERCADO DE CAPITAIS DIVERSIFICAÇÃO INTERNACIONAL DE PORTFÓLIOS DANIELA NASCIMENTO Orientador: Prof. Valter Bianchi Filho PORTO ALEGRE 2010 DANIELA NASCIMENTO DIVERSIFICAÇÃO INTERNACIONAL DE PORTFÓLIOS Monografia apresentada ao Programa de Pós-Graduação da Escola de Administração da Universidade Federal do Rio Grande do Sul, como requisito para a obtenção do título de Especialista em Mercado de Capitais sob a orientação do Prof. Valter Bianchi Filho. PORTO ALEGRE 2010 DIVERSIFICAÇÃO INTERNACIONAL DE PORTFÓLIOS DANIELA NASCIMENTO Aprovada em ____ / ____ / ____. BANCA EXAMINADORA _______________________________________________ Nome Completo _______________________________________________ Nome Completo _______________________________________________ Nome Completo CONCEITO FINAL: _________________ AGRADECIMENTOS Agradeço meus queridos pais por serem responsáveis pela minha educação e pelo apoio e amor que recebo em todos os momentos importantes da minha vida. Meu sincero agradecimento ao orientador, Professor Valter Bianchi Filho, pela generosidade e apoio, e por tudo que aprendi nesse trabalho e em sala de aula. E a todos meus professores pela dedicação ao ensino e, em especial, a esse curso de Especialização em Mercado de Capitais. RESUMO Este trabalho estuda os benefícios da diversificação internacional de portfólios, em especial, a boa relação entre risco e retorno. Inicialmente, foi apresentada a evolução do sistema monetário internacional, a qual mostra um aumento no fluxo financeiro entre os países, a exposição das economias, decorrentes das oscilações das taxas de câmbio, e o desenvolvimento dos mercados acionários. Em seguida, para caracterizar o mercado de capitais no âmbito internacional, as três últimas grandes ―Eras‖ são apresentadas de forma clara, justificando o comportamento dos mercados nos dias de hoje e evidenciando os problemas de risco que existem nesses mercados.
    [Show full text]
  • United SSE 50 China ETF
    August 2020 United SSE 50 China ETF Investment Objective Fund Information The investment objective of the Fund is to provide investment results that, before Fund Size fees, costs and expenses (including any taxes and withholding taxes), closely SGD 26.45 mil correspond to the performance of the SSE 50 Index. Base Currency Fund Performance Since Inception in Base Currency SGD United SSE 50 China ETF Benchmark Fund Ratings 180 140 100 as of 31 July 2020 60 Contact Details UOB Asset Management Ltd 20 11/09 06/11 01/13 08/14 03/16 10/17 05/19 80 Raffles Place #03-00 UOB Plaza 2 Fund performance is calculated on a NAV to NAV basis. Singapore 048624 Benchmark: SSE 50 Index Hotline 1800 22 22 228(8am to 8pm Cumulative Performance Annualised Performance daily, Singapore time) (%) (%) Performance Email 1M 3M 6M 1Y 3Y 5Y 10Y Since Incept [email protected] Website Fund NAV to NAV 11.54 14.40 12.68 11.16 4.74 0.95 3.33 0.68 uobam.com.sg Benchmark 11.09 14.30 13.06 13.20 9.26 6.17 7.69 4.83 Source: Morningstar. Performance as at 31 July 2020, SGD basis, with dividends and distributions reinvested, if any. Performance figures for 1 month till 1 year show the % change, while performance figures above 1 year show the average annual compounded returns. August 2020 United SSE 50 China ETF Portfolio Characteristics Sector Allocation(%) Country Allocation(%) Financials 46.17 China 99.68 Consumer Staples 16.81 Cash 0.32 Health care 8.47 Information Technology 6.51 Industrials 6.19 Consumer Discretionary 5.45 Materials 5.30 Energy 2.30 Others 2.48 Cash 0.32 Top 10 Holdings(%) KWEICHOW MOUTAI CO LTD 13.36 INNER MONGOLIA YILI INDUSTRIAL 3.45 PING AN INSURANCE GROUP CO OF 12.88 CHINA TOURISM GROUP DUTY FREE 3.40 CHINA MERCHANTS BANK CO LTD 5.57 INDUSTRIAL BANK CO LTD 3.04 JIANGSU HENGRUI MEDICINE CO LT 5.57 INDUSTRIAL & COMMERCIAL BANK O 2.72 CITIC SECURITIES CO LTD 3.95 LONGI GREEN ENERGY TECHNOLOGY 2.34 Share Class Details Bloomberg Subscription Share Class NAV Price Ticker ISIN Code Inception Date mode – SGD 2.630 USSE50 SP SG1Y89950071 Nov 09 Cash Min.
    [Show full text]
  • Are Tightened Trading Rules Always Bad? Evidence from the Chinese Index Futures Market
    Are Tightened Trading Rules Always Bad? Evidence from the Chinese Index Futures Market Hai Lin Victoria University of Wellington You Wang Xiamen University ∗ Friday 20th January, 2017 ∗Correspondence: Hai Lin, School of Economics and Finance, Victoria University of Wellington, Wellington 6140, New Zealand. Phone: (+64)- 4- 463- 5239 and email: [email protected]. You Wang, Department of Finance, School of Economics, Xiamen University, Xiamen 361005, China. We thank Toby Daglish and seminar participants at Victoria University of Wellington and Fifth International Conference on Futures and Other Derivatives for very helpful comments. Wang acknowledges the support from China Scholarship Council. Abstract This paper investigates the impact of tightened trading rules on the market efficiency and the price discovery function of Chinese stock index futures in 2015. In contrast with severe criticism of these changes, we fail to find empirical evidence that market efficiency and price discovery de- teriorated after these rule changes. Using variance ratio and spectral shape tests, we find that the Chinese index futures market became even more efficient after the tightened rules came into effect. Furthermore, by employing Schwarz and Szakmary (1994) and Hasbrouck (1995) price discovery measures, we find that the price discovery function, to some extent, became better. This is consis- tent with Stein (2009), who finds that regulations on leverage can be helpful in a bad market state, and Zhu (2014), who finds that price discovery can be improved with reduced liquidity. It also sug- gests that the new rules may effectively regulate the manipulation behaviour of the Chinese stock index futures market, and then positively affect its market efficiency and price discovery function.
    [Show full text]
  • Glossary of Technical Terms
    THIS DOCUMENT IS IN DRAFT FORM, INCOMPLETE AND SUBJECT TO CHANGE AND THE INFORMATION MUST BE READ IN CONJUNCTION WITH THE SECTION HEADED “WARNING” ON THE COVER OF THIS DOCUMENT. GLOSSARY OF TECHNICAL TERMS This glossary of technical terms contains explanations of certain technical terms used in this document. As such, these terms and their meanings may not correspond to standard industry meanings or usage of these terms. “14th Five-Year Plan” a series of social and economic development initiative drafted during the fifth plenum of the 19th Central Committee of the Communist Party of China in October 2020, covering the five-year period from 2021 to 2025 “AI” artificial intelligence “ASEAN” the Association of Southeast Asian Nations “Belt and Road Initiative” a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 70 countries and international organizations “CAGR” compound annual growth rate “CRM” Customer Relationship Management “CSI 300 Index” a capitalization-weighted stock market index designed to replicate the performance of 300 stocks traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange, which is compiled by the China Securities Index Co., Ltd. (中證指數有限公司) “CSI 500 Index” a capitalization-weighted stock market index compiled by the China Securities Index Co., Ltd. (中證指數有限公 司) and designed to replicate the performance of 500 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange “ETFs” exchange-traded funds “FICC” fixed-income, currencies and commodities “Generation Y” people who are born from 1980 to 1995 “Generation Z” people who are born from 1995 to 2010 “Guangdong-Hong Kong-Macau a megalopolis, consisting of nine cities and two special Greater Bay Area” administrative regions in South China, under a cooperative development framework signed in 2017 [REDACTED] “M&A” mergers and acquisitions –23– THIS DOCUMENT IS IN DRAFT FORM, INCOMPLETE AND SUBJECT TO CHANGE AND THE INFORMATION MUST BE READ IN CONJUNCTION WITH THE SECTION HEADED “WARNING” ON THE COVER OF THIS DOCUMENT.
    [Show full text]
  • ETF Monthly Asia
    13 July 2017 ETF Monthly Asia Deutsche Bank Markets Research Asia Synthetic Equity & Index Strategy Date ETF Monthly Asia 13 July 2017 First monthly outflow in 2017 Data in this report is as of 30th June 2017 Ari Rajendra Research Analyst Asia listed ETP Monthly Highlights (Assets & Flows): +44-20-754-52282 n Assets: ETP AUM up by $2.8bn on MoM basis and ended the month at $372bn. Sebastian Mercado, CFA n Flows: June saw the first monthly net outflows in 2017 of -$0.6bn (YTD Strategist +$25.1bn). +1-212-250-8690 New Product Launches – 9 new products, fixed income ETFs dominate Asia-Pac ETP market recorded 9 new launches which include 1 equity, 6 fixed income and 2 commodity ETFs. New launches were primarily around Korean equities, US treasuries, Australian bonds, crude oil and grains. Investment Themes for the Month n Equity ETFs attracted +$1.8bn in June (+$407mn in May). Primary contributors were Japan focused ETFs registering inflows of +$2.3bn driven by Bank of Japan purchases. n South Korea, Taiwan and Hong Kong focused ETFs were other beneficiaries in June collecting inflows of +$414mn, +$388mn and + $287mn respectively. n Leveraged/inverse (-$1.1bn) and China (-$628mn) focused ETFs saw redemptions in June. n Fixed income ETFs witnessed outflows of -$2.9bn, primarily from China money market ETFs (-$3.3bn). n Non Asia listed Equity ETFs with investment focus in the Asia-Pacific region drew +$2.6bn driven also by Japan focused ETFs (+$1.5bn). Turnover: MoM turnover increased by 12.6% The total turnover activity into Asian ETPs increased by 12.6% ($187.7bn) compared to the previous month’s total ($166.8bn).
    [Show full text]
  • China 50 ETF Monthly Report July 2006
    China 50 ETF Monthly Report July 2006 Long-term Strategic Investment in China’s Strongest Shares: Transparent Access to China’s Growth Fund Summary The China 50 ETF was launched by China Asset Management (ChinaAMC) in cooperation with the Shanghai Stock Exchange, on November 29th 2004 and is the first ETF in Mainland China. It fully replicates the SSE 50 Index, whose constituents are the leading blue chip stocks that can best represent the Shanghai securities market. Investing in the China 50 ETF, investors gain the same return/risk characteristics as that of the SSE 50 Index. The China 50 ETF is a milestone innovation in China’s capital market and enables investors to capture the strongest elements of China’s growing economy. Fund Objective Fund Overview The China 50 ETF is an index exchange-traded fund that closely Type Index Exchange Traded Fund tracks the SSE 50 Index, minimizing tracking error. The Fund invests mainly in SSE 50 constituent and proxy stocks. Small Underlying Index SSE 50 Index quantities of other stocks and bonds may be purchased to enhance Manager ChinaAMC return with the objective of offsetting expenses of the fund. Through its basket of equities, the fund enables investors to gain Technical Advisor State Street Global Advisors exposure to China’s strongest shares, while benefiting from the Bloomberg Code 510050 CH flexibility of the secondary market where units are traded like ordinary stocks. ISIN Code CN000A0D83B1 Historical Performance Tracking Methodology Full Replication Since China 50 Dividend Payout Method When accumulated returns 1-month 3-month ETF Establishing exceed 1% of the same (12/30/2004) period’s index returns China 50 ETF -7.14% 8.90% 27.78% In-Kind Creation or 1,000,000 or whole multiples NAV Redemption Units thereof China 50 ETF -7.39% 8.47% N.A.
    [Show full text]
  • February Update ETF Bi-Weekly Capital-Market Liquidity to Spur Gold/Silver Etfs On
    February 3, 2012 ETF RESEARCH February update ETF Bi-weekly Capital-market liquidity to spur gold/silver ETFs on Asia-Pacific stock markets put in solid performances in January, rising a notable 3.1% in Indonesia and 10.6% in Hong Kong. US dollar-denominated returns were even higher thanks to the weakness of the greenback against Asian currencies—for example, the Kospi returned 7.1% for the month in won terms, while its USD-denominated return reached 10.7%. Amid rising expectations of an approaching resolution to the eurozone crisis, investors worldwide showed a growing preference for risky assets, which drove the technical market rebounds. Alongside stock markets, the commodity market also bounced back, led by strong demand for non-ferrous metals and agricultural products. Asia-Pacific ETF markets enjoyed a net inflow of USD7.5b in January, with USD3.7b flowing in during the first half of the month and USD3.8b during the second. ETFs listed on the Hong Kong Stock Exchange saw the largest net inflow of funds (USD2.6b), followed by Osaka (USD1.3b), Tokyo (USD0.9b), Korea (USD0.47b), and Taiwan (USD0.33b). We believe the increased global appetite for riskier assets in Analysts January sparked asset relocation back into ETFs and other index plays. Gyun Jun [email protected] Eight ETFs were newly listed on Asia Pacific markets in January—five in Korea, two in 822 2020 7044 Hong Kong, and one in Australia. As both new listings in Hong Kong were made by Korean ITCs, almost all of the new ETFs were related to Korea.
    [Show full text]
  • China SME ETF
    China SME ETF May 2006 [Abstract] The national economy and capital market in China will witness a rapid growth over the long run while SMEs (Small and Medium Enterprises) will be at the forefront of it. Given the fast revenue growth, strong profitability and lower level of valuation of the SME Board, one more good choice to allocate assets and increase income has thus been created for investors. With the asset allocation via indexing investment, it is possible for investors to diversify the risks in individual stocks of the SMEs as well as sharing fully the benefits from the market rise. The SME Index that is highly representative and investable with good liquidity will be an excellent indicator for indexing investment. In addition, the China SME ETF will be a highly efficient investment tool for investors to make asset allocations in on the SME Board. High Investment Value In terms of growth of the indices, the rise of the SME Board Index is much higher than the main board; in terms of the increase in revenue and profitability of enterprises, the growth of the SME Board is also obviously stronger than that of the main board and its profitability financial indicators are again stronger than the averages of A-share markets at both the Shanghai and Shenzhen Stock Exchanges. In addition to growth factors, the SME Board also possesses conspicuous valuation advantages; it is of relatively high investment value. Moreover, with its sharp-cut investment style, the SME Board is a good choice for asset allocations and the increase of income.
    [Show full text]
  • Nomura Institute of Capital Markets Reseach | Reform of China's Split
    Reform of China's Split-Share Structure Takes Shape Takeshi Inoue I. The Chinese Government Bites the Bullet In China listed companies can issue two classes of shares: those which are listed on an exchange and can be freely bought and sold by normal investors (tradable shares) and those which cannot (nontradable shares). The existence of nontradable shares, which account for more than 60% of all shares issued, has been the biggest impediment to the development of China's equity market and has caused the government a headache for many years. Following the publication in January 2004 of a blueprint for reforming the country's capital markets (the "State Nine Opinions"),1 the government has set about implementing its proposals in earnest. One of the most important is its proposals for solving the problem presented by the existence of nontradable shares. On 29 April 2005 the government set about dealing with the problem by means of a pilot program involving four medium-sized companies. This was followed, on 17 June 2005, with the announcement of a second phase, involving 42 companies (see Appendix 2). There have been several previous attempts to release these nontradable shares onto the market, but each has ended in failure as the stock market has reacted very negatively to the prospect of a huge increase in supply as well as to the offer price of the shares. Similarly, the stock market correction that began in 2001, when the market peaked, and has continued to this day was triggered by the government's announcement in June 2001 of its intention to release state-owned shares onto the market.2 The government has learnt some lessons from its past failure, and its latest program takes into account both trading conditions on the secondary market and the interests 1 State Council, "Some Opinions of the State Council on Reform, Opening and Steady Growth of Capital Markets," 31 January 2004.
    [Show full text]
  • Fact Book 2013
    Fact Book 2013 Contents Shanghai Securities Market.......................................................1 Historical Review .........................................................................................................................................1 Securities Products ......................................................................................................................................1 2012 Market Review....................................................................5 Overview ....................................................................................................................................................5 Securities Issuance and Listing ......................................................................................................................5 Major Events in the Securities Market 2012 ....................................................................................................6 Market Highlights .........................................................................................................................................9 Transactions ................................................................................................................................................9 Stock Indices .............................................................................................................................................10 Ratios .......................................................................................................................................................10
    [Show full text]
  • Executive Order 13959 - Restricted Securities
    Executive Order 13959 - Restricted Securities Ticker Name ISIN SEDOL Date Added 1546063D.CN Aero Engine Corporation of China N.A. 2021-01-12 CAICPZ.CN Aviation Industry Corporation of China (AVIC) N.A. 2021-01-12 510270.CH BANK OF CHINA SSE EN 100 ETF CNE099900449 B6QN5D2 2021-01-27 510010.CH BCOMM SCHRODER SSE180 ETF CNE0999003G6 B557Z83 2021-01-27 510270.SS BOC SSE STATE-OWNED ENTERPRISES 100 ETF CNE099900449 2021-01-27 510010.SS BOCOM SSE 180 CORPORATE GOVERNANCE INDEX ETF CNE0999003G6 2021-01-27 159811.SZ BOSERA CSI 5G INDUSTRY 50 ETF 159811.SZ 2021-01-27 512960.SS BOSERA CSI CENTRAL-SOES STRC REFORM IDX ETF FUND CNE100003HL1 2021-01-27 515900.SS BOSERA CSI CENTRAL-SOES TECH INNOV IDX ETF FD 515900.SS 2021-01-27 159968.SZ BOSERA CSI SMALLCAP 500 INDEX EXCHANGE TRADED FUND159968.SZ 2021-01-27 515090.SS BOSERA CSI SUSTAINABLE DEVELOPMENT INDEX ETF 515090.SS 2021-01-27 512960.CH BOSERA SOE STRCTRL REFM ETF CNE100003HL1 BJCZ0T4 2021-01-27 510710.SS BOSERA SSE 50 ETF FUND 510710.SS 2021-01-27 510020.CH BOSERA SSE LARGE CAP ETF CNE100000QX3 B3W2QM82021-01-27 510020.SS BOSERA SSE MEGA CAP INDEX ETF CNE100000QX3 2021-01-27 513660.CH C-AMC SH-HK STOCK CN HSI ETF CNE1000028V7 BVL80K9 2021-01-27 159954.CH C-S HANG SENG CHINA ENT CNE100003837 BFXSF88 2021-01-27 512950.CH CAMC SOES STRCTRL REFM ETF CNE100003HM9 BJCZ0X8 2021-01-27 00743.TT CATHAY FTSE CHINA A150 ETF TW0000074301 BG1XLM8 2021-01-27 00743.TW CATHAY FTSE CHINA A150 ETF TW0000074301 2021-01-27 513680.CH CCB PP HK HANGSENG EP ETF CNE100003HC0 BJ2KSH3 2021-01-27 513680.SS CCB PRINCIPAL
    [Show full text]
  • SSE 50 Index Consists of the 50 Largest and Most Liquid A-Share Stocks Listed on Shanghai SSE 50 Stock Exchange
    31-August-2021 SSE 50 Index consists of the 50 largest and most liquid A-share stocks listed on Shanghai SSE 50 Stock Exchange. The Index aims to reflect the overall performance of the most influential leading Shanghai stocks. Name SSE 50 Index Ticker 000016 Launch 02-Jan-2004 Review Semiannually Constituents 50 RIC Ticker .SSE50 Base Date 31-Dec-2003 Base Point 1000 Currency CNY BBG Ticker SSE50 Performance 4500 4000 3500 3000 2500 2000 1500 2016 2017 2018 2019 2020 2021 Return 1M 3M YTD 1Y 3Y Annualized 5Y Annualized 2017 2018 2019 2020 -1.14% -15.15% -14.93% -7.38% 7.77% 6.76% 25.08% -19.83% 33.58% 18.85% Volatility Fundamental 1Y Annualized 19.25% P/E TTM 11.5 3Y Annualized 20.87% P/B 1.27 5Y Annualized 18.61% Yield 2.24% Market Cap (CNY Bn) Constituents Constituents Largest 1957.2 16158.6 Total Market Cap Constituents Smallest 65.1 Index Market Cap 7215.7 Constituents Average 323.2 31-August-2021 Exchange Breakdown Sector Breakdown 2.4% 2.6% 5.8% 6.2% Energy Materials Industrials 12.8% Consumer Disc. Shanghai 5.4% Consumer Staples 37.7% Health Care 20.0% Financials 100.0% 7.2% Information Tech. Telecom. Services Top 10 Constituents Ticker Name Sector Exchange Weight 600519 Kweichow Moutai Co Ltd Consumer Staples Shanghai 13.56% 600036 China Merchants Bank Co Ltd Financials Shanghai 8.40% 601318 Ping An Insurance (Group) Company of China Ltd Financials Shanghai 7.49% 601012 Longi Green Energy Technology Co., Ltd. Industrials Shanghai 5.37% 601166 Industrial Bank Financials Shanghai 3.73% 603259 WuXi AppTec Co., Ltd.
    [Show full text]