A structured fund managed by Penghua Fund Management Co., Ltd. to track CSI Bank Index has finished registration with the China Securities Regulatory Commission (CSRC), the top securities regulator, according to a document published on CSRC's website.
This fund will become the first of its kind to be launched on China's A-share market According to the CSRC's document, a total of nine fund managers applied for launching similar CSI Bank Index structured funds, of which Penghua Fund was the first to submit the application.
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