The issuance of 11 CSI A500 ETFs is expected to bring in incremental funds to the market again.

On November 6th, Jinshi Data learned that after the first batch of 10 CSI A500 ETFs were listed, the second batch of 12 CSI A500 ETFs, including products from 11 public sale institutions such as E Fund, Huaxia Fund, Penghua Fund, Bosera Fund, and ICBC Credit Suisse Fund, started issuance on November 5th. Meanwhile, Harvest CSI A500 ETF will be available for sale starting from November 7th. It is reported that among the 11 aforementioned products, Huaxia CSI A500 ETF has completed fundraising with an amount exceeding 2 billion yuan. Public information shows that the aforementioned 12 CSI A500 ETFs have set an issuance limit of 2 billion yuan. If the full amount is raised, it will bring 24 billion yuan of incremental capital to the market. According to the interviewed institutions, the issuance of products tracking the CSI A500 Index will help further enrich the A-share market’s broad-based allocation tools and attract medium to long-term funds into the market.