GUANGZHOU, CHINA

Despite the market turbulence in China, strong inflows into ETFs remained resilient in 2023 and particularly in the past two months. According to China Galaxy Research Institute, the AuM of China equity ETFs reached a record high of USD 238 billion on September 4th. A boost of ETF listings was observed since this year and E Fund […]

On September 13th, Canton Biologics Co., Ltd. announced that it had recently completed a Series C financing round exceeding 300 million yuan. This round of financing was led by SDIC Venture Capital, with participation from Guangdong Technology Financial Group, Taipu Life Science Investment, and Chnin Financial. The funds raised in this round will be channeled […]

On August 24th, the ChiNext board celebrated 3rd anniversary of registration-based IPO reform. The ChiNext board served as one of the main channels of equity financing for innovation-driven small and medium-sized enterprises whilst the registration system fostered market-oriented development and encouraged investor engagements. Over the past three years, 500 companies, or nearly 40% of all […]

Despite the market volatility this year, there remained a core foundation of inflows into equity ETFs. So far this year, equity ETFs took in more than RMB 300 billion (USD 41.4 billion), according to China Galaxy Research Institute. Investors are piling huge amounts of capital into equity ETFs during market decline, while May, June, and […]