smoking gun Central Huijin's large purchase of ETFs confirmed
2024-03-28 05:00:13
On March 28th, 2023, China Central Huijin announced that it would buy a trading open-ended index fund (ETF) on the same day and will continue to increase its holdings in the future. From the market perspective, several ETFs suddenly increased their trading volume at the end of the day. With multiple broad-based ETFs recently disclosing their 2023 annual reports, it has been confirmed that Central Huijin has made significant purchases of ETFs. Taking the Huaxia CSI 300 ETF as an example, from the top ten fund holders, as of the end of 2023, Central Huijin Investment Co., Ltd. held 2.893 billion shares. According to the mid-term report of the fund, as of the end of June 2023, Central Huijin Investment Co., Ltd. held 1.791 billion shares. This means that Central Huijin Investment Co., Ltd. will increase its holdings of over 1 billion units of the Huaxia Shanghai and Shenzhen 300 ETF in the second half of 2023.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
