Sources say Huitianfu Fund Management and Dacheng Fund Management each raised 2 bln yuan and will close subscriptions early, bringing to nine the number of the initial 18 active ETFs that have hit issuance targets. Market participants say active ETFs have drawn rapid capital by combining fund managers’ stock-picking and sector allocation with ETF features — portfolio transparency, intraday trading and lower trading costs.

2026-10-27

Sources say Huitianfu Fund Management and Dacheng Fund Management each raised 2 bln yuan and will close subscriptions early, bringing to nine the number of the initial 18 active ETFs that have hit issuance targets. Market participants say active ETFs have drawn rapid capital by combining fund managers’ stock-picking and sector allocation with ETF features — portfolio transparency, intraday trading and lower trading costs.