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On November 2, the head of the relevant department of the China Securities Regulatory Commission mentioned in response to reporters' questions about recent work related to stabilizing market stability expectations, that the first batch of 18 active ETFs raised more than 35 billion yuan in total. Of these, 16 products have already reached the upper limit of 2 billion yuan in single fundraising scale and ended fundraising. The next step will be to guide and encourage 18 active ETFs that have already completed fundraising to speed up investment and position opening. According to the announcement, many institutions, such as Morgan Fund, Huitianfu Fund, ICBC Credit Suisse Fund, and CCF, recently made big purchases of their own active ETFs to express their confidence in the future market with “real money.”
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On November 2, the head of the relevant department of the China Securities Regulatory Commission mentioned in response to reporters' questions about recent work related to stabilizing market stability expectations, that the first batch of 18 active ETFs raised more than 35 billion yuan in total. Of these, 16 products have already reached the upper limit of 2 billion yuan in single fundraising scale and ended fundraising. The next step will be to guide and encourage 18 active ETFs that have already completed fundraising to speed up investment and position opening. According to the announcement, many institutions, such as Morgan Fund, Huitianfu Fund, ICBC Credit Suisse Fund, and CCF, recently made big purchases of their own active ETFs to express their confidence in the future market with “real money.”
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