On the fifth day of issuance of the first batch of active ETFs, with Yongying Fund announcing the early end of fundraising, out of 18 active ETFs, 13 have announced the end of fundraising, while all 9 products listed on the Shanghai Stock Exchange have completed fundraising. The reporter learned from various sources that on October 29, the A-share market opened low, shrank and declined, and ETFs have already taken the initiative to open positions. Fund companies, executives buy their own purchases, and brokerage companies, and shareholders are preparing funds to wait for the product to be listed. All parties in the market made positive statements with active participation and long-term holding arrangements, fully demonstrating their high level of agreement with the long-term positive trend of the Chinese economy and the medium- to long-term allocation value of A-shares.

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