On December 13th, the 6th "2024 Golden Central Forum and Financial Institutions Ranking Award Ceremony" was successfully held in Hong Kong Central. Ms. Wang Fengzhi, AVP of Market Department at Mirae Asset Global Investments (Hong Kong) Limited (Global X) delivered a keynote speech titled "The Role of Innovation 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 intensified global economic fluctuations and uncertainties, investment choices have become increasingly important. As an emerging investment tool, ETFs are gaining more attention and favor from investors due to their transparency, risk diversification, flexibility, and diversity. In her speech, Ms. Wang shared the advantages of ETF investment and emphasized the importance of China's economic transformation. She first pointed out that ETFs provide a transparent, efficient, risk-diversified, and flexible way of investment, enabling investors to easily track the overall performance of industries or markets and reduce individual stock investment risks. The transparency of ETFs allows investors to real-time understand the composition and performance of their investment portfolio, which is crucial for decision-making. In addition, the trading method of ETFs provides investors with greater flexibility to buy and sell ETFs on the exchange in real-time like trading stocks, making it convenient for investors to adjust investment strategies according to market dynamics, seizing the best investment opportunities in a timely manner. China's economic transformation promotes the rise of innovative enterprises, and specialized "hidden champions" contain investment opportunities. In recent decades, China has experienced a remarkable economic transformation. Since the late 1970s, China has shifted from an agriculture-based 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 overproduction capacity, fluctuations in the real estate market, and sluggish consumption, it is imperative for China to undergo economic structural adjustments. To address 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 enterprises must have stronger competitiveness to stand firm in the global market. By enhancing technological levels, optimizing industrial structures, and strengthening brand building, China is increasingly able to effectively respond to changes in the external environment and promote sustainable economic development. China has made significant progress in investing in technology and innovation, especially in areas such as artificial intelligence, renewable energy, and biotechnology. By fostering an innovative culture, China aims to enhance the value chain and become a leader in high-tech industries. The direction of China's policies is to strengthen independent controllable capabilities, focus on key areas and key links, enhance replaceability, and ensure that it can rely on its own abilities to meet the needs of socio-economic development when the supply chain is interrupted. 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 the fields of technological innovation and high-tech enterprises. The Chinese government guides funds towards emerging markets such as the Science and Technology Innovation Board and the Growth Enterprises Market through policy incentives, helping innovative and potential enterprises to develop. 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 start-up companies, often face funding difficulties. In China, many start-up and small and medium-sized enterprises encounter financing bottlenecks in their growth process. Although the government is striving to guide banks to provide better financing services to small and medium-sized enterprises, overall risks still exist, and the financing problem has not been fundamentally solved. When traditional bank financing channels cannot meet their development needs, the capital market can provide more flexible financing options. Ms. Wang pointed out that in this situation, the role of the capital market is becoming more prominent. By developing the capital market through market-oriented means, enterprises can more easily obtain financial support from investors, drive technological research and development and product innovation, more effectively reduce the trial and error costs of enterprises, and provide them with space and opportunities for growth. China's policy of "specialization and innovation" aims to encourage innovation and development of small and medium-sized enterprises. The outstanding "hidden champions" in specialized and innovative small and medium-sized enterprises are focused on niche markets, with strong innovation capabilities and good growth prospects. In strategic areas such as semiconductors, pharmaceuticals, and new energy, they have core technologies and products, which can effectively drive the pace of "supply-side reform". Specialized and innovative enterprises such as "hidden champions" can also drive the advancement of the entire industry chain, leading to sustainable industrial upgrading and development. She further noted that in the context of China's economic transformation, the financial system also needs corresponding reforms. China is committed to building a more open and perfect capital market. This is a virtuous cycle: by providing support for "hidden champions" enterprises and allowing the market to allocate resources effectively, 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 innovative "hidden champions" enterprises have huge growth space, 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 introduced that Global X, with a deep understanding of the Chinese market, 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 has actively laid out in electric vehicles and batteries, semiconductors, cloud computing, robotics, and artificial intelligence, helping investors seize opportunities for technological innovation. At the same time, Global X focuses on the opportunities brought by changes in the Chinese population structure, investing in leading consumer companies.Brand, biotechnology, and medical technology, based on the evolving market demand in China. In addition, Global X is committed to clean energy investments, responding to the global trend of sustainable development. The company particularly focuses on China's "small giants" in specialized and innovative enterprises, as well as the leaders in China's outbound stories, exploring the growth potential in emerging areas.Global X has been committed to the development of innovative products. As of September 30, 2024, the Mirae Asset Global Investments (Hong Kong) Group has assets under management exceeding $272 billion. The group's global ETF platform has over 601 ETFs, with the total ETF assets managed by the company exceeding $137 billion. GMTEight has learned that in the current "Golden Central Ring" selection, Global X stood out from many participating organizations with its diverse Chinese theme ETF products and successful launch of the first two covered call option strategy ETFs in the Hong Kong market. They won the "Most Innovative Chinese Theme ETF Issuer" and "Most Innovative ETF Award - Global X China Index Component Covered Call Option Active ETF (3416), Global X Hang Seng Index Component Covered Call Option Active ETF (3419)". At the end of her speech, Ms. Wang Fengzhi stated that Global X will provide more diverse investment opportunities, especially in the fields of technological innovation and green economy. Global X will work hand in hand with investors, continuously learning and adapting to new market environments, seizing opportunities, and jointly embracing a bright future.