Group 1 - The core point of the article is the announcement by Wanji Fund Management Co., Ltd. regarding the extension of the subscription period for the Wanji National Index Hong Kong Stock Connect Technology ETF [1] - The fund was originally set to close subscriptions on June 18, 2025, but the deadline has been extended to September 8, 2025 [1] - The proposed fund manager is Yang Kun, who has a background as a quantitative IT engineer and has been with Wanji Fund since June 2015, serving in various roles including quantitative investment researcher [1]

Group 1 - The Wanjiac Fund Management Co., Ltd. announced that the Wanjiac National Index Hong Kong Stock Connect Technology ETF will be listed on the Shenzhen Stock Exchange on July 24, 2025 [1][2] - The fund will begin accepting subscription and redemption requests from investors starting July 24, 2025, during normal trading days of the Shanghai and Shenzhen Stock Exchanges [2][3] - The minimum subscription and redemption unit for the fund is set at 1 million shares, with the possibility of adjustments based on market conditions [3][6] Group 2 - The fund management company may impose limits on the total subscription and redemption amounts on a daily basis to protect the interests of existing fund shareholders [4][6] - The subscription and redemption fees for investors are capped at 0.50%, which includes fees charged by securities exchanges and registration agencies [5][7] - The fund will disclose its net asset value on the following day after each trading day starting from July 24, 2025 [10]

Fund Overview - The fund is named Wanjiaguo Zhenggangkoutu Technology Exchange-Traded Open-Ended Index Securities Investment Fund, with a code of 159251 and a market abbreviation of "Hong Kong Technology ETF Fund" [20] - It is classified as an exchange-traded, stock-type securities investment fund [21] - The fund has an indefinite duration [22] Fund Subscription Details - The initial fundraising cap is set at 2 billion RMB, excluding interest and subscription fees [5] - The subscription period is from June 9, 2025, to June 18, 2025, with options for online and offline cash subscriptions [26] - Investors must have a Shenzhen A-share account or a Shenzhen securities investment fund account to participate in the subscription [47][49] Subscription Process - Investors can choose between online cash subscription and offline cash subscription [28] - Each subscription must be in multiples of 1,000 shares [34][41] - Subscription fees will not exceed 0.80% and will be used for marketing, sales, and other related expenses [29] Fund Management and Custody - The fund is managed by Wanjiaguo Fund Management Co., Ltd., and the custodian is Guotou Securities Co., Ltd. [67] - The fund management company is located in Shanghai, and the custodian is based in Shenzhen [67] Fund Investment Objective - The fund aims to closely track the underlying index, minimizing tracking deviation and error [25] Fund Registration and Effectiveness - The fund contract will become effective once the fundraising meets the regulatory requirements, including a minimum of 200 investors and a total subscription amount of at least 200 million RMB [65] - If the fundraising fails to meet these conditions, the management company will return the funds to investors with interest [66]