Bond ETF trading mechanisms continue to be optimized.

On October 26, the business of including bond ETFs in the Shenzhen Stock Exchange market as pledged securities for negotiated repos was officially launched. On the first day of the business launch, investment institutions such as CITIC Securities, Guotou Securities, Pingyin Wealth Management, Suyin Wealth Management, Xingyin Wealth Management, and SAIC Finance successfully completed the first batch of bond ETF negotiated repo transactions. Nine bond ETFs completed 15 negotiated repo transactions, with a turnover of RMB 7.885 billion. With this, Shenzhen-listed bond ETFs now have, in addition to the standardized channel of general repos, another negotiated repo channel that allows independent negotiation.