Core Viewpoint - The inclusion of multiple credit bond ETFs, such as Bosera Credit Bond ETF (159396), Shanghai Stock Exchange Corporate Bond ETF (511070), and Corporate Bond ETF (511030), into the general pledge repo application has been approved by China Securities Depository and Clearing Corporation Limited (CSDC) [1] Group 1 - The recent notice from China Securities indicates that eligible credit bond ETF products can pilot the general pledge repo business on the exchange [1] - Bosera fund manager Zhang Lei believes that the inclusion of credit bond ETFs into the general pledge repo will provide several benefits for investors, including enhanced returns [1] - The convenience of exchange pledging is highlighted as a significant advantage for investors [1] Group 2 - From a liquidity perspective, credit bond ETFs exhibit significantly better on-market liquidity compared to individual corporate bonds [1]