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Several fund houses have begun liquidating QDII segregated-account products after receiving notices earlier this year to rebalance QDII investment quota between public funds and segregated accounts. Firms were told to reduce the share of QDII quota u

2026-10-25

Several fund houses have begun liquidating QDII segregated-account products after receiving notices earlier this year to rebalance QDII investment quota between public funds and segregated accounts. Firms were told to reduce the share of QDII quota used for segregated accounts to 20% or less by end-2027. Industry participants say firms are accelerating transfers and wind-downs to meet the requirement. Market participants warn that failure to compress segregated-account quota to ≤20% may hinder approval of new QDII quota; a Beijing fund-house product manager said his firm missed a recent allocation and attributes it in part to unfinished quota reductions.

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2026-10-25

Despite this year’s volatility, private fund demand for ETFs remains strong. Data from private fund tracker Simuwang show that as of Oct 25, 2026, 151 private fund managers and products appear among the top-10 holders of 207 newly ETFs launched this

Despite this year’s volatility, private fund demand for ETFs remains strong. Data from private fund tracker Simuwang show that as of Oct 25, 2026, 151 private fund managers and products appear among the top-10 holders of 207 newly ETFs launched this year, holding a combined 2.325 billion units. By theme, Hong Kong stocks and sci‑tech innovation ETFs have drawn the most private capital. Forty-two private managers and products hold stakes in 30 newly issued ETFs with Hong Kong or Hang Seng in the name, totaling 336 million units, or 14.45% of private holdings in new ETFs. Thirteen Hong Kong-themed ETFs — including ICBC Hong Kong Stock Connect Medical ETF, Bosera Hang Seng Hong Kong Stock Connect ETF and Guolian Hang Seng Hong Kong Stock Connect Technology ETF — each have private holdings above 10 million units.
2026-10-25

Shandong Road & Bridge reported 2026 Q3 results: first nine months revenue 36.743 bln yuan, down 11.15% YoY; net profit attributable to shareholders 1.049 bln yuan, down 25.59% YoY. Q3 revenue 11.386 bln yuan, down 10.91% YoY; Q3 net profit attributa

Shandong Road & Bridge reported 2026 Q3 results: first nine months revenue 36.743 bln yuan, down 11.15% YoY; net profit attributable to shareholders 1.049 bln yuan, down 25.59% YoY. Q3 revenue 11.386 bln yuan, down 10.91% YoY; Q3 net profit attributable 318 mln yuan, down 16.56% YoY.
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