On October 18, the Shanghai Composite Index closed up 2.91%, and technology stocks blowout across the board. A-shares traded 2.13 trillion yuan throughout the day, a record high since October 9. The newly listed A500 ETF closed up 3.72%, with a turnover rate of 36.44% and a turnover of about 900 million dollars. Following the listing of the first batch of A500 ETFs, the second batch of players was released. Nearly 40 institutions, including China Merchants Fund, reported a total of 43 CSIC A500 Index Fund related materials have been received. Incremental capital is on the way, bringing fresh water to the A-share market.

On October 18, the Shanghai Composite Index closed up 2.91%, and technology stocks blowout across the board. A-shares traded 2.13 trillion yuan throughout the day, a record high since October 9. The newly listed A500 ETF closed up 3.72%, with a turnover rate of 36.44% and a turnover of about 900 million dollars. Following the listing of the first batch of A500 ETFs, the second batch of players was released. Nearly 40 institutions, including China Merchants Fund, reported a total of 43 CSIC A500 Index Fund related materials have been received. Incremental capital is on the way, bringing fresh water to the A-share market.