On December 13th, the 6th "2024 Golden Central Forum and Financial Institution Ranking Awards Ceremony" was successfully held in Central, Hong Kong. Ms. Wang Fengzhi, AVP of the Market Department of Mirae Asset Global Investments (Hong Kong) (Global X ETFs Hong Kong, hereinafter referred to as Global X), delivered a keynote speech titled "The Role of Innovative ETFs in Driving Growth in China's Economic Transformation" at the forum, delving into the advantages of ETF investment, the importance of China's economic transformation, and Global X's layout in Chinese thematic ETFs. Against the backdrop of global economic volatility and increasing uncertainty, investment choices have become particularly important. As an emerging investment tool, ETFs are attracting more attention and favor from investors due to their transparency, risk diversification, flexibility, and diversified investment characteristics. In her speech, Ms. Wang Fengzhi shared the advantages of ETF investment and emphasized the importance of China's economic transformation. Ms. Wang Fengzhi first pointed out that ETFs provide a transparent, efficient, risk-diversified, and flexible investment method, allowing investors to easily track the overall performance of industries or markets and reduce individual stock investment risks. The transparency of ETFs allows investors to instantly understand the composition and performance of their investment portfolios, which is crucial for decision-making. In addition, the trading mechanism of ETFs provides investors with greater flexibility, enabling them to buy and sell ETFs on the exchange in real-time, similar to trading stocks. This convenience allows investors to adjust their investment strategies in a timely manner according to market dynamics and seize the best investment opportunities. China's economic transformation is driving the rise of innovative enterprises, and there are investment opportunities in specialized and new "hidden champions." Over the past few decades, China has undergone a remarkable economic transformation. Since the late 1970s, China has shifted from an agricultural society to a global manufacturing powerhouse. This transformation has lifted hundreds of millions of people out of poverty and significantly improved living standards. However, China's economy is now at another crucial turning point. Faced with challenges such as overcapacity, fluctuations in the real estate market, and sluggish consumption, economic restructuring is imperative. In response to these issues, China has been strategically adjusting its economic policies, such as shifting from exports to domestic sales, promoting the Belt and Road Initiative to reshape global trade routes, and strengthening economic ties with other countries. In the context of global economic integration, Chinese companies must have stronger competitiveness to stand invincible in the international market. By enhancing technological levels, optimizing industrial structures, and strengthening brand building, China is increasingly able to effectively adapt to changes in the external environment and promote sustainable economic development. China has heavily invested in technology and innovation, especially in areas such as artificial intelligence, renewable energy, and biotechnology. By nurturing an innovative culture, China aims to enhance the value chain and become a leader in high-tech industries. The direction of China's policy is to strengthen self-control, focus on key areas and key links, enhance substitutability to ensure self-reliance in meeting the needs of socio-economic development when the supply chain is disrupted. In the process of economic transformation, the role of the government cannot be ignored. In recent years, the Chinese government has actively supported the development of relevant industries, especially in technology innovation and high-tech enterprises. Through policy guidance, the Chinese government directs funds towards emerging markets such as the Sci-Tech Innovation Board and the Growth Enterprise Market, supporting innovative and promising enterprises. This policy support not only provides financial security for enterprises but also provides strong impetus for the transformation and upgrading of the entire industry. The technology industry, especially startups, often face financing difficulties. In China, many startups and small and medium-sized enterprises encounter financing bottlenecks in their growth process. While the government is making efforts to guide banks to provide better financing services to small and medium-sized enterprises, overall risks still exist and the financing issues are not fundamentally resolved. When traditional bank financing channels cannot meet their development needs, the capital market can provide more flexible financing options. In this situation, the role of the capital market becomes increasingly prominent. Through market-oriented means, the development of the capital market allows enterprises to more easily obtain financial support from investors, drive technological research and product innovation, more effectively reduce the cost of trial and error for enterprises, and provide them with space and opportunities for growth. China's policy of "specializing and innovating" aims to encourage the innovation and development of small and medium-sized enterprises. Outstanding "hidden champions," which are outstanding among specialized and new small and medium-sized enterprises, focus on niche markets, have strong innovation capabilities and growth prospects, and possess core technologies and products in strategic areas such as semiconductors, pharmaceuticals, and new energy. The Specializing and Innovating enterprises "hidden champions" can also drive the entire industry chain to progress together, leading to sustainable industrial upgrade and development. She further pointed out that in the context of China's economic transformation, the financial system also needs corresponding changes. China is committed to building a more open and perfect capital market. This is a virtuous cycle: by supporting "hidden champions" enterprises and allowing the market to efficiently allocate resources, the good performance of these enterprises in the capital market will attract more companies to choose to go public, further driving the overall economic development. As an excellent representative of China's economic structural transformation and future "hidden champions," specialized and new "hidden champions" enterprises have enormous room for growth, bringing important investment opportunities for investors. Global X is committed to leading the development of Chinese thematic ETFs and providing more diversified investment opportunities. Ms. Wang Fengzhi introduced that Global X, with a deep understanding of the Chinese market, has successfully launched 10 Chinese thematic ETFs in Hong Kong. These products capture the growth and development of the Chinese economy from multiple dimensions. In the field of advanced technology in China, Global X actively lays out electric vehicles and batteries, semiconductors, cloud computing, robotics, and artificial intelligence, helping investors seize opportunities for technological innovation. At the same time, Global X pays attention to the opportunities brought by changes in China's population structure and invests in leading consumer brands.Biotechnology and medical technology are rooted in China's constantly evolving market demand. In addition, Global X is committed to clean energy investment, responding to the global trend of sustainable development. The company particularly focuses on China's emerging giants that specialize in innovative technologies, as well as leaders in China's outbound stories, to explore the growth potential in emerging fields.Global X has been committed to the development of innovative products. As of September 30, 2024, Mirae Asset Global Investments (Hong Kong) Group has assets under management exceeding $272 billion. Among them, the group's global ETF platform has more than 601 ETFs, with total ETF assets managed by the company exceeding $137 billion. It has come to GMTEight's attention that in this edition of the "Golden Central Ring" selection, Global X stood out from many participating institutions and won the titles of "Most Innovative China-themed ETF Issuer" and "Most Innovative ETF Award - Global X CSI 500 Covered Call ETF (3416), Global X Hang Seng Index Covered Call ETF (3419)" by launching a diverse range of China-themed ETF products and successfully issuing the first batch of two covered call option strategy ETFs in the Hong Kong market. At the end of the speech, Ms. Wang Fengzhi stated that Global X will provide more diversified investment opportunities, especially in the fields of technological innovation and green economy. Global X will work hand in hand with investors, continuously learn and adapt to new market environments, seize opportunities, and jointly embrace a brighter future.