China's securities regulator is set to launch actively managed Exchange Traded Funds (ETFs) in a phased pilot program. The Shanghai and Shenzhen stock exchanges released business guidelines for these new products on June 17th, aiming to enrich investment options. This move is part of a broader strategy to innovate within the public fund industry and build a robust ecosystem for active ETFs. AI
RANK_REASON Regulatory body announces new financial product pilot program. [lever_c_demoted from significant: ic=1 ai=0.1]
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