Guangfa, Zhongou, and Tianhong announced the early termination of fundraising. The total scale of the index funds tracking the CSI A500 has exceeded 100 billion yuan.

Jinshi data, October 31st news, on October 31st, GF, Zhongou, Tianhong announced that their CSI A500 index-related funds would be closed for subscription in advance. This is also a new batch of CSI A500 over-the-counter index funds that announced the early closure of subscription following Taikang, Boshen, Huaxia, and Huashang funds. According to feedback from industry insiders, there may be more CSI A500 over-the-counter index funds announcing the early closure of subscription in the future. According to incomplete statistics from channels, the first 20 CSI A500 index funds that entered the market have been favored by funds. The sales volume of GF CSI A500 index fund has exceeded 6 billion yuan, and the total sales amount of the 20 funds may have climbed to over 40 billion yuan. In addition, the latest scale of the first batch of CSI A500 ETF has reached 61.4 billion yuan. The overall scale of CSI A500 index-related products has exceeded the 100 billion yuan mark, becoming the fastest index product to reach the 100 billion yuan scale, bringing a significant amount of incremental funds to the A-share market.