Following the milestone in July when the company's equity ETF scale exceeded 100 billion yuan, today (August 6), Huabao Fund seized the moment to officially launch a new ETF product—the Huabao GEM Composite Enhanced Strategy ETF (Subscription Code: 159292). It is worth noting that this ETF is Huabao Fund's first enhanced index ETF and also one of the first enhanced index ETFs in the entire market to track the GEM Composite Index.

In July of this year, to better represent the performance of listed companies on the GEM and improve the investability of the index, the Shenzhen Stock Exchange revised the GEM Composite Index: first, by introducing a monthly exclusion mechanism for stocks under risk warnings, removing constituent stocks subject to exchange-imposed risk alerts (ST or *ST); second, by introducing an ESG negative exclusion mechanism, removing constituent stocks with a CNI ESG rating of C or below.

The Huabao GEM Composite Enhanced Strategy ETF (Subscription Code: 159292) is a brand-new product following the index's upgrade. After the fundraising period concludes, this ETF will be listed and traded on the Shenzhen Stock Exchange under the ticker symbol "GEM Composite Enhanced ETF Huabao." Against the backdrop of a moderate macroeconomic recovery and the approaching inflection points in several key sectors within the GEM, the performance of the "GEM Composite Enhanced ETF Huabao" upon its launch and subsequent listing is highly anticipated.