Tianhong SZSE Market-Making Credit Bond ETF announced early closure of fundraising, having reached the fundraising cap of 3 billion yuan
Tianhong Fund announced that its SZSE Market-Making Credit Bond ETF has completed fundraising ahead of schedule, reaching the fundraising cap of 3 billion yuan. The fund is based on medium to high-grade credit bonds, primarily selecting AAA-rated bonds, with issuers mainly being central state-owned enterprises, focusing on enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area. The bond ETF combines the advantages of bonds and ETFs, and is expected to attract more institutional and individual investors