The first batch of ETFs tracking the CSI New Energy Metals 50 index is set to be
filed, with product managers including several large public mutual fund houses.
The index targets listed companies linked to lithium, cobalt, nickel, rare
earths and other metals used in new-energy applications. It uses the CSI All
Share as the universe and is free-float adjusted market-cap weighted; selection
balances liquidity and thematic purity. As of Aug. 12 the 50 constituents’
aggregate free-float market value exceeded RMB1 tln. Sector concentration is
highest in rare earths, lithium, potash (salt-lake) producers, battery materials
and cobalt-nickel. Top-10 weights are led by Northern Rare Earth at just over
9%, followed by Salt Lake, Zangge Mining, HUAYOU NICKEL BRAND, Ganfeng Lithium,
Xiamen Tungsten, TTANQT LITHIUM, China Rare Earth, GEM and Zhongkuang Resources.
