On the first day of listing, significant incremental funds welcomed, the second batch of Sci-Tech Innovation Corporate Bond ETFs has become an "intra-day meal" for institutions

Wallstreetcn
2025.09.24 22:31

On September 24th, the second batch of 14 Sci-Tech Innovation Bond ETFs was collectively listed. Among them, the China Universal CSI AAA Sci-Tech Innovation Corporate Bond ETF had a trading volume exceeding 15 billion yuan, ranking first; the Guotai CSI AAA Sci-Tech Innovation Corporate Bond ETF followed closely, with a trading volume also above 11 billion yuan. According to real-time subscription and redemption information and closing prices estimated by Wind data, the net subscription amount for the ICBC CSI AAA Sci-Tech Innovation Corporate Bond ETF on its first day of listing exceeded 8.5 billion yuan, while the net subscription amount for the Yinhua CSI AAA Sci-Tech Innovation Corporate Bond ETF was also above 7.2 billion yuan.

It is noteworthy that the second batch of Sci-Tech Innovation Bond ETFs attracted significant allocations from institutions such as banks, wealth management, and insurance during the initial phase, with both Industrial Bank and China Merchants Bank's subscription scale reaching the level of 3 billion units, and Taikang Life also subscribing for 2 billion units. The recent significant development of domestic bond ETFs is inseparable from the recognition and favor of institutional funds. According to the 2025 semi-annual report, various types of institutional funds, including pensions, insurance, trusts, corporate annuities, and wealth management, have appeared in the top ten holders of bond ETFs. Industry insiders expect that bond ETFs can effectively meet the needs of institutions for bond trading tools, and the market scale and product quantity are expected to gradually expand. (China Securities Journal)