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CICC Securities responds to the termination of its primary market-making services for China-Korea semiconductor: purely a commercial decision, not a judgment on market direction

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ME News, July 20 (UTC+8). The Shanghai Stock Exchange announced that, after filing an application with China Merchants Securities Co., Ltd., effective July 20, 2026, China Merchants Securities will terminate primary market-making services for six QDII funds. In response, China Merchants Securities said this is purely a commercial action and does not involve any judgment about the market direction. Specifically, the six funds include: Huatai-PineBridge China-Korea Semiconductor Trading-Open Index Securities Investment Fund (QDII) (code: 513310), Huaxia Nomura Nikkei 225 Trading-Open Index Securities Investment Fund (QDII) (code: 513520), CMB Mitsubish i-UFJ Nikkei 225 Trading-Open Index Securities Investment Fund (QDII) (code: 513880), Fuhsi NASDAQ-100 Trading-Open Index Securities Investment Fund (QDII) (code: 513870), Bosera NASDAQ-100 Trading-Open Index Securities Investment Fund (QDII) (code: 513390), and Huaxia NASDAQ-100 Trading-Open Index Securities Investment Fund (QDII) (code: 513300). (Source: ODAILY)
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