Haitong Global Fund's first ETF fund closes subscription period.

On December 1st, the first ETF product under the Xingzheng Global Fund - Xingquan Shanghai and Shenzhen 300 Quality ETF finished its fundraising. According to sources, the initial fundraising size of the fund was around 1 billion yuan. On November 29th, Xingzheng Global Fund announced that the Xingquan Shanghai and Shenzhen 300 Quality ETF was originally scheduled to start fundraising on November 28th, with a subscription deadline of December 5th. After negotiations between the fund manager and the fund custodian, it was decided to move up the fundraising deadline to December 1st. On the same day, Xingzheng Global Fund's controlling shareholder, Xingye Securities, announced that the Xingquan Shanghai and Shenzhen 300 Quality ETF received enthusiastic subscriptions from investors on its first day of issuance, with subscription amount through Xingye Securities channel exceeding 800 million yuan.