Global X Chairman Wang Fengzhi: Leading Chinese thematic ETF innovation to seize economic transformation opportunities
2024-12-19 15:42
Zhitongcaijing
Wang Fengzhi introduced that Global X successfully launched 10 China-themed ETFs in Hong Kong with a deep understanding of the Chinese market.
On December 13, the 6th "2024 Golden Central Forum and Financial Institutions Ranking Awards Ceremony" was successfully held in Central, Hong Kong. Ms. Wang Fengzhi, AVP of Marketing Department of Mirae Asset Global Investments (Hong Kong) Limited (Global X ETFs Hong Kong, hereinafter referred to as Global X), delivered a keynote speech titled "The Role of Promoting Growth Innovation ETFs in China's Economic Transformation" at the forum, delving into the advantages of ETF investments, the importance of China's economic transformation, and Global X's positioning in Chinese thematic ETFs.
Against the backdrop of global economic fluctuations and increased uncertainty, investment choices have become particularly crucial. ETFs, as a new investment tool, are increasingly attracting investors' attention and favor due to their transparency, risk diversification, flexibility, and diversified investment characteristics. Ms. Wang Fengzhi shared the advantages of ETF investments in her speech and emphasized the important insights of China's economic transformation for ETF investments.
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 the risks of individual stock investments. The transparency of ETFs allows investors to have real-time insights into the composition and performance of their investment portfolios, which is crucial for decision-making. In addition, the trading method of ETFs provides investors with greater flexibility, allowing them to buy and sell ETFs in real-time on the exchange just like trading stocks. This convenience enables investors to adjust investment strategies promptly according to market dynamics and seize the best investment opportunities.
China's economic transformation is driving the rise of innovative enterprises. It includes investing heavily in technology and innovation, especially in areas such as artificial intelligence, renewable energy, and biotechnology. By nurturing innovation 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-controllability, focus on key areas and crucial links, enhance substitutability, to ensure that in the event of supply chain disruptions, it can rely on its own capabilities to meet the needs of socio-economic development.
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. By guiding funds towards emerging markets such as the science and technology innovation board and the ChiNext board, the Chinese government has helped those innovative and promising companies grow. This policy support not only provides financial security for enterprises but also provides a strong driving force for the transformation and upgrading of the entire industry.
In conclusion, Ms. Wang Fengzhi emphasized that in the context of China's economic transformation, the role of the capital market is becoming increasingly prominent. Through market-oriented means, the development of the capital market enables enterprises to more easily obtain the financial support of investors, promote technological research and development and product innovation, and effectively reduce the trial and error costs of enterprises, providing them with room and opportunities for growth.
China's policy of "specialization, refinement, novelty" is aimed at encouraging innovation and development of small and medium-sized enterprises. Outstanding "small giant" enterprises that emerge from this policy are leaders in the field of specialized, refined, and novel small and medium-sized enterprises, focusing on niche markets and possessing strong innovative capabilities. They can have a significant impact on the entire industry value chain, lead to sustainable industry upgrades and development.
As China's economic structure transitions, the financial system also needs to undergo corresponding changes. China is striving to build a more open and perfect capital market. Through providing support for "small giant" enterprises and allowing the market to allocate resources effectively, the good performance of these enterprises in the capital market will attract more companies to go public, further driving the overall economic development.
As an outstanding representative of China's economic structural transformation and the future "invisible champion", specialized, refined, and novel "small giant" enterprises have huge growth space, bringing important investment opportunities for investors.
Global X is committed to leading the development of Chinese thematic ETFs, providing more diversified investment opportunities. Ms. Wang Fengzhi introduced that with a deep understanding of the Chinese market, Global X 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 layouts 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 about by changes in China's population structure.Investing in leading consumer brands, biotechnology and medical technology, Global X is rooted in the evolving market demands of China. In addition, the company is committed to clean energy investments, in response to the global trend of sustainable development. The company particularly focuses on China's "hidden champions" - specialized and innovative enterprises, as well as leaders in China's outbound investment stories, uncovering the growth potential in emerging fields.Global X has always 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. Among them, the group's global ETF platform has over 601 ETFs, with the total ETF assets managed by the company exceeding $137 billion.
GMTEight learned that in the current "Golden Central Ring" selection, Global X stood out from many participating organizations with its diverse Chinese-themed ETF products listed and the successful issuance of the first two covered warrant strategy ETFs in the Hong Kong market, winning the titles of "Most Innovative China-themed ETF Issuer" and "Most Innovative ETF Award - Global X CSI Component Stock Covered Warrant Active ETF (3416), Global X HSI Component Stock Covered Warrant Active ETF (3419).
At the end of her speech, Ms. Wang Fengzhi stated that the investment opportunities provided by Global X will become more diverse, especially in areas such as technology innovation and green economy. Global X will work hand in hand with investors, continuously learning and adapting to new market environments, seizing opportunities, and collectively embracing a bright future.