Will China Mobile's market capitalization soon overtake Kweichow Moutai? State-owned enterprise win-win ETFs rose nearly 4%

China Mobile's total market capitalization successfully broke through the 2.1 trillion mark, further narrowing the gap with Kweichow Moutai, which has the highest total market capitalization of A-shares. China Telecom, which is also a telecommunications giant, also surged by more than 9%, and China Unicom also recorded an increase of nearly 5.4%.

Gelonghui FinanceMar 13, 2023 18:45

The Shanghai Stock Exchange pushed central enterprise valuations back. Infrastructure ETFs and central enterprise innovation ETFs rose 6.15% and 4.31% respectively

Looking back at the current round of Chinese leading stock prices, since November 21, the Chinese leading sector index has accumulated a cumulative increase of nearly 13%. Currently, there are many ETFs on the theme of central enterprises on the market. As of last Friday, the average decline since this year was -10.63%, outperforming the Shanghai Composite Index (-13.29%).

Gelonghui FinanceDec 5, 2022 15:20

The third batch of ETFs to help state-owned enterprises reform was reported

Public funds continue to help state-owned enterprises reform through suitable products. Following two batches of innovative ETFs, the Central Enterprise Structural Adjustment ETF and the Central Enterprise Innovation Driven ETF, last week, fund companies such as Southern, Cathay Pacific, and Ping An separately declared FTSE China State-owned Enterprise Open and Win-Win ETF and its linked funds. A number of industry insiders said that the reform of state-owned enterprises is being actively promoted, that public funds launch related themed products “in response to policies”, and that there is plenty of room for future development. According to fund company sources, following the Central Enterprise Structural Adjustment ETF and the Central Enterprise Innovation Driven ETF, the FTSE China State-owned Enterprise Open and Win-Win ETF became the third batch of public companies to help state-owned enterprises reform

证券时报Mar 25, 2020 04:00