The issuance of the first batch of 18 active ETFs ushered in phased results. As of October 31, out of the first batch of active ETFs that have begun to be issued, a total of 15 products announced the early termination of fund-raising, and some funds have completed establishment announcements and entered the position opening stage. Subscription funds have been invested in the secondary market one after another, injecting incremental vitality into A-shares. This also means that the innovative type of active ETF is officially moving from the issuance stage to the investment operation stage.

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