After a 3-month approval process, the active ETF was officially approved. A CFA reporter learned that the approval of the first batch of 18 active ETFs under public funding in China marks an important breakthrough in China's ETF market. The domestic public fund product spectrum has been further enriched, and it will also inject new momentum into the development of the capital market. Among them, 9 companies under the Shanghai Stock Exchange include E-Fangda, Huaxia, Yongying, Morgan, Huatai Berry, Huatianfu, Hua'an, China Merchants, and Ping An Fund; 9 companies of the Shenzhen Stock Exchange include Southern, Fuguo, Dacheng, Penghua, ICBC Credit Suisse, Huabao, Cathay Pacific, Tianhong, and Jianxin Funds. Judging from the strategic style, the first batch of products as a whole focused on a prudent investment strategy with a large market capacity. Among them, there are 9 balance strategies, 4 value strategies, 3 dividend strategies, 1 quality strategy, and 1 market growth strategy. Of the 18 products, 13 use fundamental active stock selection strategies, and 5 use quantitative strategies. The custodians of this batch of products involved a total of 12 institutions, including 7 banks and 5 brokerage firms. As early as June 17 of this year, the Securities Regulatory Commission announced support for exchanges to launch active ETFs at the Lujiazui Forum. The Shanghai and Shenzhen Exchange simultaneously issued active ETF business guidelines, then the first batch of 18 active ETFs entered the reporting stage on July 17.
Zhitongcaijing · 2d ago
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After a 3-month approval process, the active ETF was officially approved. A CFA reporter learned that the approval of the first batch of 18 active ETFs under public funding in China marks an important breakthrough in China's ETF market. The domestic public fund product spectrum has been further enriched, and it will also inject new momentum into the development of the capital market. Among them, 9 companies under the Shanghai Stock Exchange include E-Fangda, Huaxia, Yongying, Morgan, Huatai Berry, Huatianfu, Hua'an, China Merchants, and Ping An Fund; 9 companies of the Shenzhen Stock Exchange include Southern, Fuguo, Dacheng, Penghua, ICBC Credit Suisse, Huabao, Cathay Pacific, Tianhong, and Jianxin Funds. Judging from the strategic style, the first batch of products as a whole focused on a prudent investment strategy with a large market capacity. Among them, there are 9 balance strategies, 4 value strategies, 3 dividend strategies, 1 quality strategy, and 1 market growth strategy. Of the 18 products, 13 use fundamental active stock selection strategies, and 5 use quantitative strategies. The custodians of this batch of products involved a total of 12 institutions, including 7 banks and 5 brokerage firms. As early as June 17 of this year, the Securities Regulatory Commission announced support for exchanges to launch active ETFs at the Lujiazui Forum. The Shanghai and Shenzhen Exchange simultaneously issued active ETF business guidelines, then the first batch of 18 active ETFs entered the reporting stage on July 17.
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