On June 19, China National Chemical Corporation ("China National Chemical") announced that Guoxin Investment Co., Ltd., a subsidiary of the company, subscribed to the CSI Central State-owned Enterprises Dividend Index ETF (an exchange-traded open-ended index fund) issued by public fund companies such as GF Fund, Southern Fund, Invesco Great Wall Fund, etc. This move has become another strong cooperation between the "National Team" and the top public offering in the ETF field. From this case, it can be seen that ETFs favored by large funds are not only traditional broad-based ETFs, but also ETFs that comply with policies and economic development trends such as technology, dividends, etc., which can also attract patient capital. In contrast, niche theme ETFs that track obscure indices, ignore market demand, and have poor liquidity may lack attention from funds and may even face liquidation. (Securities Times)
三只新发ETF获“国家队”认购 非宽基产品亦能吸引耐心资本
Three newly issued etfs have been subscribed by the "national team", and non-broad-based products can also attract patient capital.
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