20 billion incremental funds in place, the first batch of 10 CSI A500 ETFs completed fundraising

On September 23rd, Jins data reported that three Zhongzheng A500 ETFs managed by Cathay, Yin Hua, and Taikang Fund completed their 20 billion issuance targets. With this, the first batch of 10 Zhongzheng A500 ETFs have all completed their issuance goals, raising a total of about 22 billion yuan and initiating a proportionate allocation, which will bring in 20 billion yuan of incremental funds for A-shares. The first 10 Zhongzheng A500 ETFs were all in acceleration mode from submission to issuance, with submission on September 5th, approval on the 6th, and collective issuance on the 10th. Jiashi Zhongzheng A500 ETF was the first to complete its 20 billion issuance target in just four trading days, followed by six products under Morgan, Jingshun Changcheng, and others that completed their issuance targets ahead of schedule. It is worth noting that the Zhongzheng A500 index was officially released today, and all 10 ETFs tracking the index have completed their issuance targets.