[For Hong Kong Investor Only] As China’s economy is transforming to the stage of high-quality development, the requirement for enterprises has transformed from the emphasis on expanding and transformation of scale to the focus on improving the capability of innovation. As the leader of SMEs, specialized and sophisticated "Little Giant” enterprises undertakes the key mission to solve the problems of restriction to core technologies in key fields and void in the high-tech field. According to the data of Patsnap, The invention patent density of "little giants" is nearly three times higher than that of the enterprises on the NSE. In comparison, the invention patent density of the enterprises listed on the GEM is 70.6 effective invention patents per 1,000 persons, and that of the enterprises listed on the NSE is 26.4 effective invention patents per 1,000 persons, the invention patent density of "little giants" is about 1.1 times higher than that of the enterprises listed on the STAR Market [1]. Therefore, it is a strategic emphasis for the upcoming transformation of China’s economic structure and future industry layout to keep cultivating and supporting the development of "Little Giant” enterprises.
[1]: Patsnap Issues the 2023 Scientific and Innovation Report for Specialized and Sophisticated "Little Giant” Enterprises , August 24, 2023
Know more about Global X China Little Giant (2815) and the risk factors: https://www.globalxetfs.com.hk/campaign/china-little-giant-etf/
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