CSI Caixin New Economic Engine Index
The CSI Caixin New Economic Engine Index monitors fast-growing listed firms in sectors of the new economy. The 300 constituent stocks in the index are financially healthy, asset light and productive growth companies. They are characterized by higher gross margins, better cash ratios, stronger research and development investment and lower fixed asset ratios.
The index is compiled by Caixin Rayliant Smart Beta, a joint venture between Caixin Insight Group, a sister company of Caixin Media, and Rayliant Global Advisors, which offers Greater China equity strategies and global equity strategies within Asia to the global institutional marketplace.