Two Brazilian ETFs on China's A-Share Market Hit New Phase Highs

In the two trading sessions following the National Day holiday, two Brazilian ETFs listed on China's A-share market continued to strengthen, both reaching new phase highs and ranking among the top performers in cross-border ETFs during the same period. On October 8, both ETFs surged significantly at the opening: E Fund's Brazilian ETF jumped 10.02%, while Huaxia's Brazilian ETF rose 9.96%, attracting substantial investor attention. On October 9, the two ETFs maintained their strong momentum; E Fund's Brazilian ETF climbed another 6.61% to close at 1.323 yuan, just shy of its previous high of 1.364 yuan, while Huaxia's Brazilian ETF also surged 6.66%, closing at 1.330 yuan. As of October 9, Huaxia's Brazilian ETF had delivered a year-to-date return of 36.13%, and E Fund's Brazilian ETF achieved a year-to-date return of 35.83%, both standing out among cross-border QDII products and ranking fifth and sixth, respectively, on the annual returns leaderboard for cross-border ETFs. (Securities Times)