The ETFs and connected funds under E Fund Management, including the SSE 380 ETF and its connected fund, as well as the SSE 580 ETF and its connected fund, have been approved.

Jin10 Data reported on July 11 that today, the Shanghai 380 ETF and its linked funds, as well as the Shanghai 580 ETF and its linked funds, submitted by companies such as E Fund, have been officially approved. Previously, the Shanghai 380 Index announced an optimization plan for its compilation, introducing stricter liquidity screening and ESG considerations. After optimization, the index is positioned as "mid-cap stocks in the Shanghai market," closely aligning with the direction of economic transformation and upgrading. Among these, "specialized, sophisticated, and innovative" enterprises account for nearly 30%, and the number of companies listed on the Sci-Tech Innovation Board accounts for nearly 20%, making it an important tool for tapping into the growth potential of mid-cap blue chips in the Shanghai market. The Shanghai 580 Index was released in June this year, consisting of 580 stocks with relatively small market capitalization and good liquidity in the Shanghai market, aimed at reflecting the overall performance of small-cap stocks in the Shanghai market. The index has distinct innovative attributes, with private economy and emerging industries accounting for approximately 50% and 60%, respectively, which can help investors conveniently seize growth opportunities in small-cap stocks in the Shanghai market.