Citic Securities Terminates Market-Making Services for 6 QDII Funds on July 20

According to Shanghai Stock Exchange announcement, Citic Securities terminated market-making services for 6 QDII funds on July 20. The affected funds include exchange-traded index funds tracking Korean semiconductors, Japanese Nikkei 225 index, and U.S. Nasdaq 100 index.

Citic Securities clarified that the termination is a purely commercial decision and does not reflect any judgment on market direction.

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