The market for Science and Technology Innovation Bond ETFs is poised for substantial growth. According to reports, the second batch of 14 ETFs has been submitted for approval, coming just one month after the listing of the initial batch of 10 ETFs. This year, Science and Technology Innovation Bond ETFs have emerged as a highly sought-after product in the public offering sector, witnessing rapid expansion in size. On June 18, the first batch of 10 ETFs was submitted for approval and swiftly received the green light on July 2. They were collectively issued on July 7 and successfully completed their fundraising within a single day, with some ETFs even initiating proportional allocation. The total issuance size amounted to RMB 28.988 billion. On July 17, the first batch of ETFs was listed, and their size has continued to climb since then. As of August 20, the size of the first batch has surged to RMB 118.658 billion, with the Harvest CSI AAA Technology Innovation Corporate Bond ETF reaching a size of RMB 20.115 billion—more than six times its size at the time of listing.
