On October 23, the A-share market held back and then rose, staging the “Big Miracle Day”. Today, the first batch of 18 active ETFs officially went on sale, and the market once again “sold out in one day” innovation funds that had been out of business for a long time! On the first day of 18 active ETF fundraising, the battle situation was intense. Many institutions made efforts in the morning, raising over 1 billion yuan in half a day. By around 14:20, E-Fangda Fund and Morgan Fund had almost reached the 2 billion dollar fundraising limit at the same time and closed early. Both fund companies said they would start proportional placement. Subsequently, Wells Fargo Fund issued an announcement stating that the amount raised had reached the upper limit of 2 billion yuan. Three active ETFs were “sold out in one day.” The reporter learned from the channel that on the first day of the fundraising, 18 active ETFs joined forces to “attract” more than 15.5 billion yuan. According to information, at the previous mobilization meeting, it was revealed that the target for active ETF issuance this time is: “The upper limit is 2 billion yuan, and the lower limit is also 2 billion yuan.” Some brokerage sales sources said that A-shares are currently in deep turmoil, and the pressure to issue active ETFs this time is not small. Fortunately, the previous channel had already carried out many rounds of warm-up to reserve interested customers, and the first day of the new release ushered in a “good start.”
Zhitongcaijing · 1d ago
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On October 23, the A-share market held back and then rose, staging the “Big Miracle Day”. Today, the first batch of 18 active ETFs officially went on sale, and the market once again “sold out in one day” innovation funds that had been out of business for a long time! On the first day of 18 active ETF fundraising, the battle situation was intense. Many institutions made efforts in the morning, raising over 1 billion yuan in half a day. By around 14:20, E-Fangda Fund and Morgan Fund had almost reached the 2 billion dollar fundraising limit at the same time and closed early. Both fund companies said they would start proportional placement. Subsequently, Wells Fargo Fund issued an announcement stating that the amount raised had reached the upper limit of 2 billion yuan. Three active ETFs were “sold out in one day.” The reporter learned from the channel that on the first day of the fundraising, 18 active ETFs joined forces to “attract” more than 15.5 billion yuan. According to information, at the previous mobilization meeting, it was revealed that the target for active ETF issuance this time is: “The upper limit is 2 billion yuan, and the lower limit is also 2 billion yuan.” Some brokerage sales sources said that A-shares are currently in deep turmoil, and the pressure to issue active ETFs this time is not small. Fortunately, the previous channel had already carried out many rounds of warm-up to reserve interested customers, and the first day of the new release ushered in a “good start.”
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