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Well-known private sale 'unusual move'! Frantically buying cross-border ETFs
On September 2nd, Jin10 Data reported that in recent years, many private sales have turned their attention to funds that allocate to overseas markets. The semi-annual reports of several funds recently disclosed that many private sales, such as Dongfang Port, Jinglin Investment, Dunhe Asset Management, and Gefei Asset Management, appeared in the top ten holders of funds such as Nasdaq ETF, Nikkei ETF, and Heng Seng Technology ETF. Famous investor Pro Danbin, who manages Dongfang Port, prefers Nasdaq ETF and appears in the top ten holders of many Nasdaq ETFs, including China Merchants Fund, Boshi Fund, Huaan Fund, Huaxia Fund, GF Fund, Cathay Fund, and Huatai Bairui Fund’s Nasdaq 100 ETF, as well as the Great Wall Nasdaq Technology Market Cap Weighted ETF. Gefei Asset Management, another well-known private sale, allocated across the US, Japan, and South Korea markets. It appeared in the top ten holders of Huaxia Nasdaq 100 ETF, Huaxia Nomura Nikkei 225 ETF, ICBC Credit Suisse Daiwa Nikkei 225 ETF, and Huatai Bairui CSI KRX Semiconductor ETF.