On July 11, Southern Fund and Huatai Bairui Fund announced that the Saudi ETF under their respective umbrellas will officially begin trading on July 16. The first batch of two Saudi ETFs issued by the two institutions raised a total of 1.223 billion yuan, ranking among the top two in the newly issued QDII funds this year. Specifically, the Southern Saudi ETF raised 0.634 billion yuan, with a total of approximately 0.0143 million effective subscription accounts. The Huatai Bairui Saudi ETF raised 0.59 billion yuan, and the number of holders was 7665, with institutions and individual investors holding proportions of 46.25% and 53.75%, respectively. (Brokerage China)