The first batch of new material exchange funds were approved

On September 18, two exchange fund (ETF) products tracking the new material index of the science and technology innovation board were approved by the CSRC, namely the Southern SSE Science and Technology Innovation Board New Material ETF and the Boshi Shanghai Science and Technology Innovation Board New Material ETF

Analysts pointed out that the two main weighted stocks of ETFs approved this time are leading enterprises engaged in the research and development and production of new materials in the fields of basic chemistry, electronics and new energy, which play a significant role in semiconductors, new energy and other fields, and are of great strategic significance for promoting the transformation and upgrading of traditional industries, promoting the development of strategic emerging industries, and accelerating the realization of

As of August 31, the total market value of listed companies in the field of new materials on the Science and Technology Innovation Board reached 597.