CSRC: Will Guide and Encourage 18 Actively Managed ETFs That Have Completed Fundraising to Accelerate Initial Investment

36Kr learned that a responsible official from the China Securities Regulatory Commission (CSRC) answered reporters' questions on recent efforts to stabilize the market and expectations. Going forward, the CSRC will guide and encourage the 18 actively managed ETFs that have completed fundraising to speed up their initial investment deployment. At the same time, it will continue to increase the supply and innovation of equity fund products and support fund managers in building positions counter-cyclically. More new index stock ETFs will be launched to enrich exchange-traded investment tools. The regulator is also studying the launch of multi-asset index funds such as constant stock-bond ratio funds to enrich low-to-medium volatility over-the-counter products and better meet different investors' needs. Fund managers will be encouraged to issue more floating-fee funds to further align the interests of fund managers with those of fund holders.