Shanghai Stock Exchange holds mobilisation meeting for first batch of active ETFs
In short
The Shanghai Stock Exchange held a market mobilisation meeting on 21 October for the first batch of active ETFs. More than 40 officials from 9 fund managers and 7 securities firms attended. The exchange said it will tighten supervision over issuance, listing, investment operations and disclosure.
Read the full story 1 min read
The Shanghai Stock Exchange held a market mobilisation meeting for the first batch of active ETFs on 21 October, according to Yicai, CLS, 36Kr and Jiemian. Managers of 9 first-batch active ETFs and 7 securities firms sent more than 40 people in charge to attend. [ 1 , 2 , 3 , 4 ]
The outlets said the meeting aimed to bring market participants together, ensure the first active ETFs start smoothly and guide medium- and long-term funds into the market. An exchange official said the first batch must get off to a good start, and that the exchange will strengthen supervision across the whole chain of issuance and listing, investment operations and information disclosure. [ 1 , 2 , 3 , 4 ]
Jiemian and 36Kr also quoted the official as saying the exchange will hold to "a steady start, gradual progress and strict risk prevention". The official added that the exchange will keep enriching the public fund product range and high-quality supply, to raise the share and stability of medium- and long-term money in A-shares and better serve the real economy and the building of a financial power. [ 3 , 4 ]
Jiemian's morning brief on 22 October repeated the item. [ 5 ]
Why it matters
The exchange links the first active ETFs to its aim of guiding medium- and long-term money into the market and raising its share of A-share investment. The documents give no launch dates, fund names or sizes, so the practical effect is not yet described.
Key facts
- The Shanghai Stock Exchange held a market mobilisation meeting for the first batch of active ETFs on 21 October. [ 1 , 2 , 3 , 4 ]
- More than 40 people in charge from 9 first-batch active ETF fund managers and 7 securities firms attended. [ 1 , 2 , 3 , 4 ]
- The stated aim is to build joint effort among market participants, ensure the first active ETFs start smoothly and guide medium- and long-term funds into the market. [ 1 , 2 , 3 , 4 ]
- An exchange official said it will strengthen whole-chain supervision of active ETF issuance and listing, investment operations and information disclosure. [ 1 , 2 , 3 , 4 ]
- The official also said the exchange will keep enriching the public fund product range and high-quality supply, to raise the share and stability of medium- and long-term money in A-shares. [ 1 , 2 , 3 , 4 ]
- According to Jiemian and 36Kr, the exchange will hold to the principle of a steady start, gradual progress and strict risk prevention. [ 3 , 4 ]
Confirmed by several sources
- The Shanghai Stock Exchange held the meeting on 21 October, attended by more than 40 people from 9 fund managers and 7 securities firms. [ 1 , 2 , 3 , 4 ]
- A Shanghai Stock Exchange official said it will strengthen whole-chain supervision of active ETF issuance and listing, investment operations and information disclosure. [ 1 , 2 , 3 , 4 ]
Still unclear
- Which funds and managers make up the first batch, and when they will list. The documents mention 9 managers and 7 securities firms but name none and give no dates.
- The wording of the stated principle "steady start, gradual progress, strict risk prevention". Only Jiemian and 36Kr include it; the Yicai and CLS texts do not.