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Another heavyweight broad-based index is coming! The first 10 China Securities A500ETFs officially submitted for listing.
The first batch of ten CSI A500 ETFs collectively received positive reports.
On September 5th, the official website of the China Securities Regulatory Commission showed that the first batch of ten CSI A500 ETFs collectively received submissions. The public offering institutions that submitted include Huatai Bairui Fund, Morgan Asset Management, Fuguo Fund, China Merchants Fund, Taikang Fund, Invesco Great Wall Fund, Jiashi Fund, Guotai Fund, Southern Fund, and Yinhe Fund. At the same time, Taikang Fund also submitted a CSI A500 ETF index fund. It is reported that the CSI A500 Index selects 500 securities with large market capitalization and good liquidity from various industries as index samples, reflecting the overall performance of the most representative listed company securities in various industries. The compilation method inherits the A50 index, with balanced industry distribution, as well as elements such as introducing ESG sustainable investment concepts and mutual market screening. Industry insiders expect that as an important broad-based ETF in the market, the first batch of CSI A500 ETFs are expected to be quickly approved, issued, and listed, bringing convenient investment tools for investors to participate in index investment, and are expected to bring more incremental funds into the market.
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