15 Hard Technology Funds Approved, Precisely Targeting AI and Strategic Emerging Industries, Incremental Capital Poised to Deploy

How does the AI New Quality Productivity Strategy drive intensive approval of funds?

Cailian Press, March 17 (Reporter Yan Jun): Another batch of hard technology fund products has been approved in concentration.

Cailian Press has learned that the China Securities Regulatory Commission recently approved a new batch of hard technology-themed fund products, with a total of 15 products approved on the same day. The products mainly include 7 passive funds tracking the Innovation and Entrepreneurship Artificial Intelligence Index, approved for China International Capital Corporation, Taikang, Huaxia, Fortis, Xingyin, Invesco Great Wall; and 8 active funds based on the China Strategic Emerging Industries Index, approved for Bank of China, China Securities Asset Management, China-Canada, Xinhua, East Financial, Caitong Asset Management, Nuoya, Southern, and Peng’an.

Currently, these 15 approved products are fully in the fundraising preparation stage, expected to start raising funds soon. After the fundraising is completed, they will follow regulations to handle filing, listing, and trading procedures, steadily advancing operational implementation.

Industry insiders point out that as these products are launched and issued, they will further attract incremental capital to deploy in the hard technology and strategic emerging industries sectors, strengthen the resource allocation function of the capital market, promote high-quality development of China’s technology industry, and enable more investors to share the dividends of strategic emerging industries and artificial intelligence development.

15 Hard Technology Funds Approved in Concentration, Focused on Dual Innovation AI and Strategic Emerging Industries

The approved products track two major indices, divided into two categories:

One is passive products tracking the CSI Science and Innovation Entrepreneurship Artificial Intelligence Index. There are 7 in total: China International Capital Dual Innovation AI ETF, Taikang Dual Innovation AI ETF, Huaxia Dual Innovation AI ETF, Fortis Dual Innovation AI ETF, Xingyin Dual Innovation AI ETF, Invesco Great Wall Dual Innovation AI ETF Link Fund, and Bank of China Dual Innovation AI Index Fund.

These 7 products include ETFs, index funds, and ETF linkage funds, offering advantages such as easy trading, low fees, high transparency, and small tracking errors. They are suitable for quick trading on the exchange and can also be deployed through off-exchange channels, helping investors grasp AI sector trends with a single click.

This follows the approval on November 21, 2025, when Huatai-PineBridge, E Fund, ICBC Credit Suisse, Yongying, Invesco Great Wall, Penghua, and Morgan Asset Management received the first batch of dual innovation AI ETF approvals. Now, such concentrated approval of passive products on this theme has occurred again.

The CSI Science and Innovation Entrepreneurship Artificial Intelligence Index selects 50 listed companies involved in providing basic resources, technology, and application support for artificial intelligence from the STAR Market and ChiNext Board. It accurately reflects the overall performance of AI-themed listed companies in these boards, focusing on core assets across the AI industry chain. Therefore, this index also gathers many hard tech companies within the AI industry chain.

The second category includes 8 actively managed equity funds based on the China Strategic Emerging Industries Composite Index. These are: Xingzheng Asset Management Technology Growth Hybrid, China-Canada Technology Pioneer Intelligent Selection Hybrid, Xinhua Technology Selection Hybrid, East Financial Emerging Industries Sharp Selection Hybrid, Caitong Asset Management Technology Research Selection Stock Hybrid, Nuoya Technology Intelligent Selection Hybrid, Southern Technology Leading Hybrid, Peng’an Core Technology Hybrid.

Industry insiders note that these 8 actively managed funds use the China Strategic Emerging Industries Index as an investment anchor. Relying on the fund managers’ professional research capabilities, they select high-quality targets within nine strategic emerging industries, flexibly adjust holdings, and seek to identify leading companies with growth potential, aiming for returns that surpass the index. They are suitable for investors pursuing long-term appreciation and favoring active management.

15 Products to Launch Fundraising Soon

Cailian Press has also learned that these 15 approved products are fully in the fundraising preparation stage, expected to start raising funds soon. After the fundraising is completed, they will follow regulations to handle filing, listing, and trading procedures, steadily advancing operational implementation.

“The concentrated approval of these products is a concrete practice of the capital market serving the real economy and supporting technological innovation, as well as an important measure to optimize the supply of tech investment tools and improve the wealth management system,” industry insiders said. As these products are launched and issued, they will further attract long-term capital to the hard technology and strategic emerging industries sectors, enhance the resource allocation function of the capital market, help tech startups grow stronger, promote high-quality development of China’s tech industry, and enable more investors to share the dividends of strategic emerging industries and AI development.

It is noteworthy that these 15 approved products adopt a “passive + active” pairing model, with clear division of labor and complementary advantages, fully meeting different investor allocation needs.

This year marks the start of the 14th Five-Year Plan, with the National Two Sessions explicitly proposing to lead high-quality development through new quality productivity, focusing on cultivating and expanding strategic emerging industries, deepening comprehensive reforms in capital market investment and financing, and guiding long-term funds into technological innovation fields. CSRC Chairman Wu Qing emphasized at the Two Sessions press conference the need to improve the inclusiveness and adaptability of the capital market system, highlight the orientation of “supporting excellence and supporting science,” and accelerate the integration of technological and industrial innovation.

With the approval and listing of these products focused on national strategic emerging industries and aligned with the goal of high-level technological self-reliance, on one hand, they will effectively guide long-term social funds into hard tech and frontier emerging industries; on the other hand, they will improve the tech financial ecosystem of the capital market, build professional and standardized investment channels for investors, and foster a virtuous cycle of industry development and wealth appreciation, providing solid capital support for cultivating new quality productivity.

(Reporter Yan Jun, Cailian Press)