CLS｜13 STAR Market Index ETFs Raised around 14 billion Yuan in Three Days; ICBCCS Announced Fundraising Completion

February 19, 2025 from CLS – The first STAR Market Index ETFs has entered its third day of fundraising, raising a total of approximately 14 billion yuan across 13 ETFs. Following the fundraising completion of CCB SSE STAR Market Composite Index ETF on its first day of issuance, the ICBCCS STAR Market Composite Index Price ETF announced the completion of its fundraising today, making it the second ETF to conclude its fundraising ahead of schedule. Additionally, ETFs from five other asset management companies – including E-Fund, Bosera, Penghua, Tianhong, and China AMC – have already raised more than half of their target amounts. Sources indicate that several of these products may complete fundraising by this Friday as ahead of schedule.

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