China Little Giant: Key Suppliers to NVIDIA
[For Hong Kong Investors Only] Suzhou TFC Optical Communication* is a key supplier of optical interconnect solutions to NVIDIA. As a leading provider of optical transceivers, cables, and other high-speed components, Suzhou TFC's products play a critical role in supporting NVIDIA's data center and high-performance computing products. This partnership highlights Suzhou TFC's technological capabilities and position as an important player in the optical communications industry.
Furthermore, Suzhou TFC Optical Communication is considered a "Little Giant" company in China. The small and medium-sized enterprises that excel in their specialized niches will be selected as China Little Giant. The Chinese policies provide active support to the development of specialized and sophisticated "Little Giant" enterprises and, starting with 6 orientations including fund support, collaborative innovation, talent support, brand market, enterprise transformation and accurate connection services, offer them a series of favors together and jointly build the service ecology for specialized and sophisticated "Little Giant" enterprises with multiple players under the domination by the government.
In fact, Suzhou TFC is the top holding in the Global X China Little Giant ETF(2815), which tracks these types of high-potential Chinese companies.
Global X China Little Giant ETF(2815) provides investors with access to potential small- and medium-sized companies in strategic areas such as semiconductors, advanced manufacturing, pharmaceuticals and clean energy etc. With the continuous development of proprietary products and technologies, the innovation and profitability of Chinese specialized "Little Giant" companies will be further enhanced, and they are expected to achieve even faster growth, and investors in this ETF may benefit from the continued transformation of Chinese economic structure and the upgrading of industrial chain.
Learn more about Global X China Little Giant ETF (2815) and risk factors: $GX中国小巨人(02815)$ https://www.globalxetfs.com.hk/campaign/china-little-giant-etf/
* Source: Mirae Asset, May 31, 2024.
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Modify on 2024-06-04 16:00
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