The countdown to the issuance of the first batch of active ETFs has begun. On October 20, 18 public offerings, including E-Fangda, Huaxia, Huitianfu, Nanfang, Fuguo, and Penghua, simultaneously disclosed their sales arrangements. Their active ETFs are scheduled to be distributed centrally on October 23. According to an estimate of the 2 billion yuan fundraising limit, 18 products are expected to draw 36 billion yuan in total. Industry insiders believe that unlike past index ETFs and OTC active equity funds, the active ETF launched this time embeds active investment and research capabilities into the ETF standardized market carrier, reconstructs product logic in terms of investment freedom, information transparency, and transaction mechanisms, and marks the accelerated formation of a new ecosystem of passive and active collaboration in the public equity industry.

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