as of 10:39 on September 15, 2023, Shanghai sci-tech board 50 component index (000688) rose 0.48, component stock sirep (688536) rose 6.26, core stock (688521) rose 3.30, gekewei (688728) rose 3.10, yirui technology (688301) rose 2.92, and SMIC (688981) rose 2.50. The Techtron ETF(588050) rose 0.55 percent to its latest price of $0.91, with intraday turnover of $0.106 billion, temporarily third in comparable ETFs, with a turnover rate of 1.35 percent.

In terms of scale, the CRE ETF grew by 0.893 billion yuan in size in recent January, achieving significant growth, with the new scale ranking third among comparable funds.

In terms of capital inflows, the latest net capital inflow of the CRE ETF was $32.7529 million. Looking at it over a long period of time, in the past five trading days, the total "gold absorption" was 98.6851 million yuan.

The data shows that leveraged funds continue to be laid out. The CRE ETF received net purchases of leveraged funds for 3 consecutive days, with a maximum net purchase of $36.2725 million in a single day and a latest financing balance of $0.367 billion.

At the valuation level, the latest price-to-earnings ratio (PE-TTM) of the SSE 50 Component Index tracked by the CRE ETF is only 31.44 times, which is at a 0.41 per cent in the last year, I .e., a historically low valuation of more than 99.59 per cent below the last year.

The CRE ETF closely tracks the SSE CRE Board 50 Component Index, which consists of 50 securities with large market capitalization and good liquidity in the CRE Board of the Shanghai Stock Exchange, reflecting the overall performance of a group of the most representative CRE companies in the market.

The data shows that as of August 31, 2023, the top ten heavyweights in Shanghai's 50 Component Index (000688) are SMIC (688981), Jinshan Office (688111), SMIC (688012), Transmission Holdings (688036), Lanqi Technology (688008), Trine Solar (688599), Cambrian (688256), China Resources Micro (688396), Shanghai Silicon Industry (688126) and Daqo Energy (688303), the top ten weighted stocks together accounted for 50.8 per cent.

Guosheng Securities stated: my country's economic development demands are gradually transitioning from "high speed" to "high quality". Technological innovation will become an important engine for China's future economic growth, and emerging technology industries are also expected to become a long-term boom track. The board has been adhering to the strategic positioning of "facing the world's scientific and technological frontier, facing the main economic battlefield, facing the major needs of the country", and constantly absorbing the long-term boom track of high-quality targets, the 50 index of the company is also constantly selected, is expected to lead the future investment trend, the development potential is greater.