The tide of domestic products is rising. It is the dream of many investors to deploy domestic brands in the secondary market with one click and share the development dividends of national brands. With the listing of the Fuguo CSI Xinhua News Agency National Brand Project on the Shanghai Stock Exchange, the dream has become a reality.
On October 18, the first fund that can be traded in the secondary market and invests in the National Brand Project Index, the Fuguo CSI Xinhua News Agency National Brand Project ETF, was listed on the Shanghai Stock Exchange. After the National Products ETF was officially listed (trading code: 561130), investors can directly and conveniently trade the National Products ETF in the secondary market during the exchange trading hours. Tian Shubin, General Manager of the General Manager's Office of Xinhua News Agency (back left), Ye Guobiao, Party Committee Secretary and Chairman of Shanghai Securities News (back right), Chen Ge, General Manager of Wells Fargo Fund Management Co., Ltd. (front left), and Lu Suyuan, General Manager of China Securities Index Co., Ltd. (front right), jointly rang the bell for the listing of the domestic ETF. Guests including Tian Shubin, General Manager of the General Manager's Office of Xinhua News Agency, Ye Guobiao, Party Secretary and Chairman of Shanghai Securities News, Liu Ti, Deputy General Manager of Shanghai Stock Exchange, Lu Suyuan, General Manager of China Securities Index Co., Ltd., Chen Ge, General Manager of Fullgoal Fund Management Co., Ltd., Chu Xiaoming, Party Secretary and Chairman of Shenwan Hongyuan Securities Co., Ltd., Li Jun, Deputy Party Secretary of Haitong Securities Co., Ltd., Shi Xiao, Chairman of Eastmoney Information Co., Ltd., and Wang Shumin, Chairman of Anjie Microelectronics Technology Co., Ltd. attended the listing ceremony. Ye Guobiao, Party Secretary and Chairman of Shanghai Securities News, said in his speech that the "Xinhua News Agency National Brand Project" is a comprehensive service system that responds to the brand-strengthening strategy and aims to "serve the development of national enterprises and help build Chinese brands." In terms of the companies served, most are Fortune 500 companies, China's top 500 companies and industry leaders. The CSI Xinhua National Brand Project Index is based on the "Xinhua National Brand Project" and selects 100 listed companies to form the index constituent stocks. From the sample selection criteria, the main considerations are brand and nationality, covering participation and service in national development strategies, ability to represent Chinese manufacturing and Chinese quality, independent innovation capabilities, brand value and social responsibility. The National Products ETF tracks the CSI Xinhua National Brand Project Index. The listing and trading of the National Products ETF will guide more social funds to flow to high-quality enterprises and support the growth of national brand enterprises. It is a major measure for the capital market to support the high-quality development of the real economy. At the same time, through inclusive finance, ordinary people can share the dividends of corporate development. Ye Guobiao said that with the accelerated rise of Chinese brands, the attention paid to Chinese brands has also increased comprehensively, and the national trend is unstoppable. Looking to the future, the "dual circulation" pattern will become the internal driving force for the rise of the national trend. In addition, China's consumption upgrade is in full swing. With the continuous increase in per capita disposable income, the development of national brands will have greater opportunities. On July 1, 1991, Shanghai Securities News was founded on the bank of the Huangpu River. It is the first national financial daily in New China to provide authoritative financial and securities professional information. This year coincides with the 30th anniversary of the founding of Shanghai Securities News. Over the past 30 years, as a witness, recorder and promoter of the healthy development of China's capital market, Shanghai Securities News has grown together with China's capital market. At the age of thirty, one is in the prime of youth and in the prime of life. Ye Guobiao pointed out that standing at a new starting point, the Shanghai Securities News has a long way to go. It must uphold the tenet of "political morality, journalistic character, professional taste, service quality, and first-class brand", continue to be an authoritative interpreter of central policies, a defender of fair market order, a firm guardian of investors' rights and interests, and a reliable disseminator of industry voices, and make new contributions to "establishing a standardized, transparent, open, dynamic, and resilient capital market." Chen Ge, general manager of Wells Fargo Fund, said in his speech that domestic products are flourishing, national trends are rising, and national confidence is long-lasting. The era of the great rise of Chinese national brands has arrived. As the first strategic fund based on the "Xinhua News Agency National Brand Project", Wells Fargo's "National Products ETF" closely tracks the CSI Xinhua News Agency National Brand Project Index. With the deep empowerment of the Xinhua News Agency National Brand Project, the long-term growth of national brand companies can be expected. The issuance and listing of the National Products ETF will fill the market gap, provide investors with national brand index investment tools, share the long-term investment value of leading domestic products, and allow more investors to share the growth dividends of national brands. Chen Ge said that in the era of big asset management, it is the mission of asset management institutions to keep up with the times and help the high-quality development of the real economy. With the rapid rise of domestic products represented by smart phones, new energy vehicles, clothing and textiles, food and beverages, national brands have gained popularity. The rise of national brands and the march of Chinese brands to the world are due to the long-term steady development of the Chinese economy, the hard work of national enterprises themselves, the support and recognition of consumers, and the joint efforts of multiple forces including the increasingly sound capital market and mainstream news media. Chen Ge finally said that the surge of domestic products is not only driven by the patriotism of the Chinese people and the growth potential of domestic brands, but also by the great help of national rejuvenation and the strategic support of building a strong brand country. In the future, national brands are bound to improve in the long run. Investing in domestic ETFs is investing in the future of Chinese brands.
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