On January 20, the CSOP Southern China Securities A500 Index ETF was officially listed on the Singapore Exchange (SGX). As the first A500 ETF to "go global" under the mutual market access scheme, it offers international investors an efficient tool for one-click allocation across leading Chinese companies in various sectors. This not only fully reflects overseas market attention and confidence in the growth prospects of China's high-quality assets but also marks a critical step forward in the internationalization of China's capital market.

Aggregating A-share leaders, the China Securities A500 Index has garnered significant market favor. This index represents China's new generation of core broad-based indices, selecting 500 securities with large market capitalization and high liquidity from various industries. It not only pools core leading A-share assets but also balances sector representation and new quality productive forces. While overweighting sectors like information technology and communication services that embody new quality productivity, the index maintains a sound balance with traditional pillars such as industry and finance, effectively representing the direction of China's economic transformation and emerging growth drivers. Since its launch, it has received high market recognition, becoming the second-largest broad-based A-share index.

As one of China's first batch of A500 ETFs, the Southern Fund's A500 ETF has achieved prominent market influence among similar products on the Shenzhen Stock Exchange, distinguished by its exceptional tracking accuracy and active trading liquidity, making it a preferred choice for capital allocating to the A500 Index. The newly listed CSOP Southern China Securities A500 Index ETF on SGX will invest at least 90% of its net assets into the Southern A500 ETF, helping to channel capital vitality into optimizing China's capital market structure and developing new quality productive forces.

The overseas expansion of A-share ETFs is accelerating, with the Shenzhen-Singapore ETF Connect writing a new chapter. Singapore is a globally significant international financial center, with a capital market open to worldwide investors. In 2022, the ETF Connect between the Shenzhen and Singapore exchanges officially launched, opening investment channels for investors in both China and Singapore. The first pair of bidirectional ETF products—Southern Fund's CSOP FTSE Asia-Pacific ex Japan Low Carbon Select ETF and CSOP Southern China Securities STAR and ChiNext 50 Index ETF—successfully listed on both exchanges, effectively directing various resource elements toward key areas like technological innovation and green low-carbon development through investments in each other's market-specific ETF products, achieving both the "going global" of Chinese ETFs and the "bringing in" of Singapore ETFs.

The listing of the CSOP Southern China Securities A500 Index ETF on SGX signifies another milestone for the Shenzhen-Singapore ETF Connect. It not only provides Singaporean investors with an efficient, transparent tool for one-click allocation to core leading companies across A-share sectors, enabling them to share in the long-term growth benefits of China's core assets, but also helps broaden the overseas investment channels and client base for Shenzhen-listed ETFs. This enhances the global influence of Shenzhen and the entire A-share ETF landscape, showcasing new developments in the high-level opening-up of China's capital market.

Southern Fund's cross-border ETF布局 is advancing steadily, achieving another breakthrough in its international development. As the first mainland fund company to establish a subsidiary in Hong Kong, Southern Fund has consistently adhered to an international development strategy, striving to be a pioneer in the opening-up of the capital market. It founded CSOP Asset Management Limited in 2008, with the parent and subsidiary closely collaborating to expand international business. Focusing on "global allocation" and "cross-border synergy," Southern Fund has strengthened three international business segments: overseas asset allocation, overseas fixed income, and active equity, accelerating the布局 of cross-border ETF products and comprehensively enhancing its investment research and asset allocation capabilities across markets, time zones, and asset classes. CSOP has deployed over 60 ETFs and leveraged/inverse products in Hong Kong and Singapore markets, covering categories such as Hong Kong stocks, A-shares, fixed income, and commodities. Its products are actively traded and have become a vital bridge for overseas investors allocating to Chinese assets.

Looking ahead, Southern Fund will continue to be guided by high-level opening-up, deepening the cross-border synergistic efficiency between the parent and subsidiary. On one hand, it will enrich the cross-border ETF product line, developing more specialized products that meet the needs of domestic and international investors. On the other hand, it will broaden interconnectivity channels, helping to increase the global reach of China's core assets and contributing further to promoting two-way opening of China's capital market and enabling efficient capital flow between Chinese and foreign markets.