Securities Regulator Announces Approval of Registration for First Batch of 18 Active ETFs

CSRC Chairman Wu Qing announced that the registration of the first batch of 18 active ETFs has been approved. Officials describe them as a tool for bringing in incremental capital, but in reality they mainly serve to convert off-exchange redemptions into on-exchange turnover and pad trading volume.

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2026-10-22 01:01 · 一个狠人发布了新视频：央行7天都等不起、按天救火！潘功勝防的不是利率是波動！銀行100萬億債券靠滾隔夜續命！主動ETF不是增量是刷成交量！三顆炸彈把風險塞給企業、債權人、散戶！一年內債市踩踏概率五成！

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This event Securities Regulator Announces Approval of Registration for First Batch of 18 Active ETFs 2026.10 · Reported

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Article · 2026-10-22 00:46 The Central Bank Can't Even Wait 7 Days—Firefighting Day by Day! What Pan Gongsheng Is Guarding Against Isn't Rates, It's Volatility! Banks' 100 Trillion in Bonds Survive on Rolling Overnight Repos! Active ETFs Aren't New Money—They're Just Pumping Trading Volume! Three Bombs Shove the Risk onto Companies, Creditors, and Retail Investors! 50% Chance of a Bond Market Stampede Within a Year!

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