18 Chinese Fund Managers to Launch First Batch of Active ETFs on Oct 23

The coordinated same-day launch across 18 managers signals a deliberate, regulator-aligned push to seed an active-ETF category rather than a scattered product experiment, and the standardized wrapper matters because it puts active research into the same trading plumbing as passive funds. The 2 billion yuan per-product cap suggests scope for meaningful but bounded initial scale. Whether this batch draws durable flows beyond launch, and whether the active-in-ETF format gains traction with on-exchange allocators, is the open question worth watching.