Launch of China’s First Domestic Chip ETF with 50 Billion Yuan in Assets
1 week ago / Read about 0 minute
Author:小编   

Fueled by the soaring demand for AI computing capabilities and the rapid progress of domestic substitution efforts, China has unveiled its first domestic chip exchange-traded fund (ETF) with assets surpassing 50 billion yuan. The latest figures reveal that the Science and Technology Innovation Board Chip ETF, managed by Harvest Fund, has now reached an impressive 50.343 billion yuan in assets. This marks an increase of over 10 billion yuan within the current year. Since the end of last year, the ETF has successively broken through the 30 billion and 40 billion yuan milestones, and recently secured its position as the largest Science and Technology Innovation Board chip industry-themed ETF across the entire market. Data indicates that since the start of this year, sectors such as gold and chips have consistently drawn capital inflows. Currently, there are 18 ETF products with assets exceeding 50 billion yuan.

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