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Central Huijin May Have Bought Over CNY300 Billion A-share ETFs In Q1

CHINA PRESS
MNI (Singapore)
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Central Huijin, a Chinese sovereign fund may have purchased more than CNY300 billion in A-share ETFs in Q1, Securities Times reported citing the Q1 report of public funds. Central Huijin said early February it would expand the scope of ETF holdings, continue to increase the scale of holdings, and resolutely maintain the smooth operation of the capital market. The latest guideline for capital market development released earlier this month highlighted the establishment of a fast approval channel for ETFs which is expected to attract more incremental funds to the stock market, the newspaper said.

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Central Huijin, a Chinese sovereign fund may have purchased more than CNY300 billion in A-share ETFs in Q1, Securities Times reported citing the Q1 report of public funds. Central Huijin said early February it would expand the scope of ETF holdings, continue to increase the scale of holdings, and resolutely maintain the smooth operation of the capital market. The latest guideline for capital market development released earlier this month highlighted the establishment of a fast approval channel for ETFs which is expected to attract more incremental funds to the stock market, the newspaper said.