The CSI Science and Technology Innovation Composite Index ETF (589880) saw a net capital inflow of over 66 million in the past 20 days, with the underlying index rising 1.61%.

As of 14:31, the SSE STAR Market Composite Index tracked by the Kechuang Composite Index ETF Jianxin (589880) rose 1.61%.

Wind data shows that as of April 15, the SSE STAR Market Composite Index has risen 55.3% over the past year; the Kechuang Composite Index ETF Jianxin (589880) has seen net capital inflows exceeding 66 million over the past 20 days.

Since 2026, foreign institutions' research interest in A-shares has continued to climb. International investment banks such as Goldman Sachs, Bank of America Securities, and Jefferies have frequently appeared. Wind data shows that as of April 14, foreign institutions have conducted nearly 1,400 research visits to Shanghai-listed companies, covering over 200 enterprises. Among them, STAR Market companies are particularly favored, with research focus highly concentrated on "hard tech" fields such as semiconductors, high-end equipment, smart hardware, and innovative drugs. Leading STAR Market companies like BeiGene, Orbbec, China Resources Microelectronics, Espressif Systems, Opt, Insta360, and Montage Technology have become closely watched targets by foreign capital, reflecting the high recognition of international capital for China's technological innovation and industrial upgrading theme.

A Standard Chartered research report points out that with the development of artificial intelligence, the revaluation potential of China's technological innovation industry deserves attention. A series of supportive policies also help improve the return on assets of state-owned enterprises and encourage companies to increase dividends or share repurchases.

The SSE STAR Market Composite Index closely aligns with the core of technological innovation, tightly connects with the national strategic emerging industry layout, and its constituent stocks are highly concentrated in cutting-edge technology fields such as semiconductors, artificial intelligence, innovative drugs, and new energy, fully demonstrating the innovative vitality and development potential of China's hard tech enterprises.

The management fee rate for the Kechuang Composite Index ETF Jianxin (589880) is 0.15%, the custody fee rate is 0.05%, and the total expense ratio is 0.2%, which is at a relatively low level in the industry.

With its tracking of the STAR Market Composite Index, coverage of the hard tech sector, and low-cost advantage, the Kechuang Composite Index ETF Jianxin (589880) has become a core tool for capturing China's technological innovation and industrial upgrading.