With the approval of CSRC, SZSE will launch the ChiNext Board ETF Option (underlying security: E Fund ChiNext Board ETF, Code 159915) and the CSI 500 ETF Option (underlying security: Harvest CSI 500 ETF, Code 159922) on September 19.
ChiNext Board ETF Option is the first exchange-listed standardized derivative on the ChiNext Board and the first risk management instrument for innovation and growth stocks. CSI 500 ETF Option is the first exchange-listed option based on the CSI 500 Index and an effective risk management instrument for mall and mid cap stocks. Different from and complementary to existing ETF options, the two new types would further enrich the multi-tiered capital market product system, improve the market stabilization mechanism, promote the development of the ETF market, and attract more medium and long-term funds to the market. Under the guidance of CSRC, SZSE has made adequate preparations for the listing and trading of the new ETF options to ensure the smooth launch and operation of the two ETF options.
The launch of the two ETF options is another measure of SZSE to deepen the reform of the capital market in all respects. SZSE will, under the leadership of CSRC, continue to improve the market and give better play to the functions of the market to serve the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen Pilot Demonstration Area as well as the high-quality development of the economy.
