China Securities Net News On July 20, according to Wind data, large amounts of funds were net inflowing into broad-based index ETFs. Among them, ETFs tracking the CSI 300 Index saw net inflows of RMB 17.071 billion; ETFs tracking the Shanghai-Licensed Science and Technology Innovation Board 50 constituent index saw net inflows of RMB 15.693 billion; and ETFs tracking the ChiNext Index saw net inflows of RMB 9.724 billion.

On the evening of July 20, a number of listed companies, including Sany Heavy Industry, Shandong Expressway, Keda Industrial, and Langkun Technology, rolled out share repurchase plans in quick succession, while several major shareholders simultaneously launched share increases.

On July 20, China Life Insurance Group and New China Insurance, China Pacific Insurance, China Ping An all issued a collective statement saying they are optimistic about the prospects for the capital market. With concrete actions, they demonstrated the appropriate responsibility of patient capital. At the same time, to create long-term, sustainable returns for shareholders, they actively optimized dividend policies and improved shareholders’ return levels. (Zhang Shulin)

（Source: China Securities Journal）