[The first batch of 18 active ETFs are on sale today] On October 23, the first batch of 18 actively managed exchange-traded open-end securities investment funds in China, also known as active ETFs, were launched on the Shanghai and Shenzhen Stock Exchanges on October 23. This is an important product innovation in the development of China's ETF market for more than 20 years. It is an important measure to further enrich the supply of public offerings in the capital market and attract medium and long-term funds to enter the market. Among the first batch of 18 active ETFs, 9 were launched on the Shanghai and Shenzhen stock exchanges respectively, and were issued by 18 public fund managers with mature investment and research capabilities, including ChinaAMC, Southern, E Fund, and Morgan.