3u3001 Item 3 of Article 54 is amended to read: 3) ETF of cross market stock refers to ETF of component securities of stock index tracked, including stocks traded in other domestic markets or Hong Kong stock exchange, and the consideration for redemption includes portfolio securities. The fifth item is amended to read: cross border ETF: refers to the ETF that tracks index component securities or investment objects include overseas securities and is redeemed with cash as consideration.
4u3001 This Circular shall come into force as of the date of promulgation, and the relevant amendments to Article 54 shall come into force on December 28, 2020. The detailed rules for implementation shall be amended accordingly and promulgated in accordance with this circular. All member units and fund managers are requested to make relevant business and technical preparations.
In order to promote the development of bond ETFs and listed money market funds and reduce the transaction costs of investors, Shenzhen Stock Exchange continues to temporarily exempt the transaction handling fees and transaction unit flow fees of bond ETFs and listed money market funds.