China Merchants Securities Responds to Termination of Primary Market Making Services for China-Korea Semiconductor ETF: Purely Commercial Decision, Not a Market Direction Judgment

Odaily Planet Daily reported that according to an announcement from the Shanghai Stock Exchange, upon the filing application of China Merchants Securities Co., Ltd., effective from July 20, 2026, China Merchants Securities will terminate its primary market making services for 6 QDII funds.

In response, China Merchants Securities stated that this is purely a commercial decision and does not involve any judgment on market direction. Specifically, the 6 funds include: Huatai-PineBridge China-Korea Semiconductor Exchange-Traded Open-End Index Securities Investment Fund (QDII) (Code: 513310), China Asset Management Nomura Nikkei 225 Exchange-Traded Open-End Index Securities Investment Fund (QDII) (Code: 513520), Hua-An Mitsubishi UFJ Nikkei 225 Exchange-Traded Open-End Index Securities Investment Fund (QDII) (Code: 513880), Fullgoal Nasdaq 100 Exchange-Traded Open-End Index Securities Investment Fund (QDII) (Code: 513870), Bosera Nasdaq 100 Exchange-Traded Open-End Index Securities Investment Fund (QDII) (Code: 513390), and China Asset Management Nasdaq 100 Exchange-Traded Open-End Index Securities Investment Fund (QDII) (Code: 513300).