Since the beginning of 2022, the digital RMB launched online has exploded, and relevant concept stocks have continued to be active. The popularity of digital RMB is high. Some Jimin want to participate in this hot spot through the fund, so they buy the digital economy ETF with “number” in the name.
The fund manager suggested that digital RMB is not a risky asset for investment; The digital economy ETF is a fund asset. The two are completely different. Investors should pay attention to identification.
However, at present, there are digital currency related ETF funds in the market. The largest one has “attracted gold” for several consecutive trading days, and investors are enthusiastic.
the concept of digital RMB is popular
Since this year, the pilot version of digital RMB app has been officially put on the shelves in major application markets. At the same time, Internet giants have actively embraced digital RMB. The “financial technology fever” of A-Shares has also continued to heat up, and the heat of relevant concept stocks remains high.
On January 4, the latest version of digital RMB app was launched in major Android and Apple App Stores. Users in the “10 + 1” pilot area can download, install and register for use.
At present, the pilot areas of digital RMB include Shenzhen, Suzhou, xiong\’an, Chengdu, Shanghai, Hainan, Changsha, Xi\’an, Qingdao, Dalian and Winter Olympics scenes (Beijing and Zhangjiakou), forming a “10 + 1” pattern.
In the merchant list, there are already more than 40 merchants to choose from, such as jd.com, meituan, hungry, tmall supermarket, Didi, Ctrip, BiliBili, multipoint, Sinopec and so on. Some cooperative banks also provide users with payment red envelopes of varying amounts.
As of January 9, since the digital RMB (pilot version) app was officially launched in major android app stores and Apple App Stores on January 4, the download volume of digital RMB pilot version app has soared rapidly, and the Huawei application market alone has exceeded 5.81 million times.
In addition, the Winter Olympics is an important application scenario for the pilot of digital RMB. With the approaching of the Winter Olympics (February 4), the promotion of digital RMB will speed up.
Liu Yuling, member of the Party committee and deputy director of the business management department of the people’s Bank of China, previously said that around the 2022 Winter Olympic Games, we have promoted the pilot of digital RMB in more scenarios, and 355000 scenarios have been implemented, covering seven scenarios such as transportation and travel, catering and accommodation, shopping and consumption. Key business districts, scenic spots and hotels in Beijing have realized their support for digital RMB.
In the secondary market, A-share digital currency concept stocks have continued to strengthen since January 4. On January 10, the financial technology sector continued to strengthen, and the performance of subdivided digital currency concept stocks was strong. The financial technology index rose by 1.32%, Yusys Technologies Co.Ltd(300674) once rose by more than 13%, Northking Information Technology Co.Ltd(002987) the share price rose by 6.07% on the same day, and the share price rose by more than 26% in the past five trading days, Beijing Compass Technology Development Co.Ltd(300803) , Shenzhen Ysstech Info-Tech Co.Ltd(300377) , Global Infotech Co.Ltd(300465) and so on.
At the beginning of the new year, Beijing Cuiwei Tower Co.Ltd(603123) has been trading continuously since the opening of the new year. As of the closing on January 10, the company’s share price reached 13.15 yuan / share, with a cumulative increase of 61.35% during the year.
However, it is worth noting that after the correction on January 11, the growth of digital currency index and financial technology index has turned negative this year.
some investors buy digital economy ETF
The popularity of digital currency has also attracted the attention of many investors. Many people want to layout investment opportunities in this sector through relevant ETF funds.
In an investment forum, a netizen said that he wanted to participate in digital RMB through ETF. After searching, he found that there was only one ETF fund with “number” in the name of the whole market, namely Pengyang CSI digital economy theme ETF.
It is understood that this digital economy ETF is a new fund established in late December last year and listed on January 7 this year. It is also the first digital economy theme ETF in the market.
Shi Hongjun, general manager of Pengyang fund quantity investment department, introduced that the digital economy index adjusted the detailed rules in the second half of last year to focus more on the industry. From the industry distribution of digital economy index, the industry weight of electronics and computer accounts for 80%. Among them, electronics accounted for 44%, mainly semiconductors. The internal growth order of semiconductors in the past year was semiconductor equipment, materials, digital chip design and analog chip design.
The weight of digital economy in semiconductor equipment and materials is about 8%, and the total weight in chip design is 27%. Discrete devices account for about 2.7%, mainly including power semiconductor leaders benefiting from the explosive demand in the field of carbon neutralization.
It can be seen that the current weight of digital economy is relatively concentrated on digital industrialization, which is not closely related to digital RMB and covers a wider range.
As the fund manager of digital economy ETF, Shi Hongjun, general manager of quantity investment department of Pengyang fund, responded that investors wanted to invest in digital RMB and bought digital economy ETF, “Digital economy plays an important role in China’s high-quality development and has a prominent strategic position. Digital technology innovation improves the efficiency of traditional industries and promotes the prosperity of supply and demand of traditional industries. Therefore, the long-term performance of relevant targets can be expected.”
\u3000\u3000 “The digital RMB that investors are concerned about is also one of the achievements of the development of China’s broad digital economy with the help of financial technology. However, it should be recognized that the digital RMB is a legal currency issued by the people’s Bank of China in digital form, with national credit endorsement and legal solvency. It is not a risk asset for investment, nor can it be bought through the securities fund market , you can exchange at relevant banks with business qualifications; The digital economy ETF is a kind of fund asset, and the net value fluctuates with the stock market. The two are completely different. Investors should pay attention to identification. I would like to remind you that there are risks in investment and you need to be cautious when entering the market. ” Shi Hongjun prompted.
Returning to the digital economy itself of the real economy and the stock market, Shi Hongjun believes that although the short-term stock market has adjusted due to the economic downturn under the “triple pressure”, the digital economy sector has broad growth space in the future. The current sample stock valuation is reasonable and the expected growth rate is high, which is the right layout opportunity.
continuous gold absorption of financial technology ETF
In fact, at present, there is a kind of ETF fund with relatively high “currency content” on the public offering product side, that is, the products tracking the financial technology index, namely Huabao CSI financial technology theme ETF, Huaxia CSI financial technology theme ETF and Boshi financial technology ETF, which were established in 2021.
Public information shows that the CSI financial technology theme index (code 930986, referred to as “financial technology”) selects listed companies related to products and services and financial technology to form a sample stock.
Related fields include but are not limited to payment and clearing, online lending and financing, wealth management, retail banking, insurance, transaction settlement and other companies that use big data, cloud computing, artificial intelligence, blockchain and other information technologies to participate in the value chain of financial products and services, so as to reflect the overall trend of stocks in the field of financial technology in Shanghai and Shenzhen.
It is not difficult to find that this index is closely related to the concepts of digital currency, and many index constituent stocks also belong to the concept of subdivided digital currency.
From the perspective of performance, the three financial technology ETF funds have achieved positive returns since their establishment. Among them, the earliest Huabao CSI financial technology theme ETF has achieved a return of more than 20% since its establishment nearly a year ago. At present, the scale of this fund also ranks first.
Recently, Huabao fund’s financial technology ETF completed position adjustment, with 6 in and 2 out component stocks, and the number of component stocks increased from 41 to 45.
It is reported that 45 constituent stocks of fintech ETF fully cover the leaders in various sub fields of A-share fintech, including 20 digital currency concept stocks, which is the highest A-share ETF with “currency content” at present.
This time, the 10 billion digital currency leader Chutian Dragon Co.Ltd(003040) is newly included. The new members also include blockchain concepts Sinosoft Co.Ltd(603927) , Beijing Advanced Digital Technology Co.Ltd(300541) , mobile payment concepts Eastcompeace Technology Co.Ltd(002017) , Chase Science Co.Ltd(300941) , and financial software company Linkage Software Co.Ltd(688588) .
It is worth noting that the recent capital inflow into the financial technology sector is accelerating. As of the closing on January 10, the financial technology ETF has received a total of nearly 10 million net subscription for six consecutive trading days.
focus on investment opportunities in the financial IT industry
Industry analysts believe that the digital RMB (pilot version) app will greatly improve the application ecology and transaction scale of digital RMB. Looking forward to 2022, digital RMB will continue to accelerate the expansion of application scenarios and deeply integrate into people’s life.
In terms of specific segmentation opportunities, the latest research report of open source securities points out that bank it is ushering in layout opportunities. On January 4, the central bank issued the financial technology development plan (2022-2025), and the digital RMB (pilot version) app was officially launched.
Under the multiple catalysis of policy, technology and market, bank it has the dual attributes of high certainty and high vision, and has been verified at the performance level. At the current time point, the IT of most banks corresponds to only more than 20 times of the valuation in 2022, and the IT sector of banks with high growth of undervalued value is mainly recommended.
Soochow Securities Co.Ltd(601555) pointed out that the financial IT industry is a Changpo thick snow track, financial IT support policies have been issued one after another, and the development of financial technology has risen to a national level. Driven by demand, supply and policy, the compound growth rate of revenue scale in the financial IT market (securities, funds and banks) from 2021 to 2025 is expected to remain above 20%.
Huaxi Securities Co.Ltd(002926) according to the analysis, the launch of the digital RMB pilot app releases a strong signal. The central bank’s digital RMB (currency) has entered a new stage of comprehensive pilot, and the large-scale application promotion is close at hand. The 2022 Winter Olympic Games may be an important display scene. At this stage, we should focus on it manufacturers of head banks, and financial equipment manufacturers will also usher in large-scale transformation opportunities.
Shi Hongjun also said that at the macro level, policies put steady growth in a more prominent position, the effectiveness and directness of monetary policies to support the real economy have been continuously improved, fiscal policies have been implemented to reduce taxes and fees, central government budgetary investment and local government special bonds will also be fully utilized, and economic growth is expected to gradually reach the bottom and stabilize in the first half of this year, The stock market will reflect the expectation of economic stabilization in advance.
“At the industrial level, with the rapid development of new generation information technologies such as big data, cloud computing, Internet of things and artificial intelligence, digital economy, as a new economic form, is increasingly becoming an important driving force for global economic growth.” He said.
(source: China Fund News)
