Did AgBank Huili Fund also can't sit still? New player joins the 5 trillion yuan level ETF race track.

Another fund company has laid out its first ETF. The website of the China Securities Regulatory Commission shows that on May 18th, the regulator received the submission materials for the Agricultural Bank of China Huitong Quality ETF and the Shanghai and Shenzhen 300 Quality Index product. This means that, following in the footsteps of Xingquan, ChinaAMC, and E Fund Management, another well-established fund company has joined the competition in the 5 trillion yuan ETF market. Industry insiders believe that submitting an ETF at this point not only involves the product itself, but also serves as a "ticket" to future innovative product layouts. Behind this ticket are actively managed ETFs, ETFs on the Northbound Stock Connect, REITs ETFs expected to be launched this year, as well as a series of innovative products that may be introduced in the future such as stock-bond constant ETFs, commodity futures ETFs, and more.