Approval Granted to Orient Securities as Primary Market Maker for Tianhong CSI Bank ETF

Market Watcher
16 Jul

Announcement No. 1044 (Fund) [2025]

To bolster market liquidity and ensure stable operations of Tianhong CSI Bank Exchange Traded Open-End Index Securities Investment Fund (referred to as Bank ETF; fund code: 515290), the Exchange has authorized Orient Securities Company Limited to provide primary market-making services effective July 16, 2025. This decision aligns with the Shanghai Stock Exchange's Self-Regulatory Guideline No. 2 for Listed Fund Market-Making Business and relevant regulatory provisions.

The authorization underscores efforts to enhance trading efficiency for this banking sector-focused ETF through designated market-making mechanisms. Primary market makers facilitate tighter bid-ask spreads and improved order execution, crucial for institutional investors managing large-volume transactions in index-tracking products.

Hereby announced.

Shanghai Stock Exchange July 16, 2025

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