The Shanghai, Hong Kong and Shenzhen 500 Index (H30455.CSI) selects stocks within the scope of connectivity listed on the Shanghai, Hong Kong and Shenzhen stock exchanges as index sample stocks to fully reflect the overall performance of the stocks of companies listed in Shanghai, Hong Kong and Shenzhen:
According to the place of listing, the weight ratio of listed companies in Shanghai, Hong Kong and Shenzhen is 33.55%, 42.41% and 24.05% respectively, and the proportion of Hong Kong stocks is relatively high.
Leader gathering: as can be seen from the industry distribution of 50 major stocks in the past, the Shanghai, Hong Kong and Shenzhen 500 brings together the leading white horses in various industries, among which consumption, medicine, science and technology, and new energy are all in line with the "14th five-year Plan".
The important direction of the new pattern of double-cycle development.
Outlook for Hong Kong stocks and A shares 2021: fundamentals are good, overseas liquidity is abundant, and China's core assets have investment value:
Fundamentals: the economic recovery at home and abroad resonates, the inventory cycle is upward, and the profits of high-quality listed companies are expected to continue to benefit.
Liquidity: domestic monetary policy will remain sound in 2021, while the overseas liquidity environment will remain loose. In addition, the medium-term trend of the depreciation of the dollar is also conducive to global capital flows to emerging markets.
The scenery of Hong Kong stocks is better: the fundamentals and liquidity aspects are more favorable to Hong Kong stocks, Hong Kong stocks account for a larger proportion of value stocks and benefit from the revaluation, the AH premium of 2021 will continue to converge, and the market structure of Hong Kong stocks will continue to upgrade, benefiting more from the new economy.
Shanghai, Hong Kong and Shenzhen 500 Index: one-click configuration of high-quality enterprises in two places and three cities:
Industry distribution is balanced, with the listing of emerging industrial companies, the return of Chinese stocks and the expansion of interconnection, the Shanghai, Hong Kong and Shenzhen 500 continues to welcome the inclusion of excellent enterprises, and the structure is constantly optimized.
Horizontal comparison between the Shanghai and Shenzhen 300 and the Hang Seng Index: the Shanghai and Hong Kong Shenzhen 500 is not only a strong combination, but also a complementary advantage between A shares and Hong Kong stocks. Most of China's head technology companies are only listed on Hong Kong stocks, while head consumer companies are lacking in Hong Kong stocks. The two are integrated and complementary, and the investment structure has been optimized.
Index performance: up 55.40% since 2019, annualized income 23.57%, annualized volatility 18.28%, sharp ratio as high as 1.29.
The average daily turnover of the index has exceeded 350 billion since 2020, with large capacity and good liquidity.
The top 10 stocks in the index have risen an average of 51.37% since 2020, covering the core leaders of the Internet, food and beverage, and the financial industry.
Huitian Fuzhong Securities Shanghai, Hong Kong and Shenzhen 500ETF will be issued soon: Huitian Fuzhong Securities Shanghai, Hong Kong and Shenzhen 500ETF (subscription code:
517083) tracking the Shanghai, Hong Kong and Shenzhen 500Index, the fund manager is Dong Jin. It will be released soon, from January 20, 2021 to January 26, 2021.
Risk hint: capital-based metal stock funds have a higher level of expected risk and return; historical performance does not represent the future