Core Points - The article discusses the launch of the Penghua Hang Seng Technology Exchange-Traded Fund (QDII), which has been registered with the China Securities Regulatory Commission (CSRC) [1] - The fund aims to raise a maximum of 2 billion RMB, excluding interest and subscription fees, during its subscription period from October 27, 2025, to November 7, 2025 [3][12] - Investors can subscribe through online and offline cash subscription methods, with specific minimum subscription amounts required [13][14] Fund Details - Fund Name: Penghua Hang Seng Technology Exchange-Traded Fund (QDII) [11] - Fund Type: Open-ended, stock-type, QDII fund [11] - Initial Fund Share Value: 1.00 RMB per share [11][6] - Maximum Fundraising Limit: 2 billion RMB [12][29] Subscription Process - Subscription Methods: Online cash subscription and offline cash subscription [20] - Minimum Subscription Amount: 1,000 shares for online subscriptions; 1,000 shares for offline subscriptions through agents; 50,000 shares for offline subscriptions directly through the fund manager [14][28] - Subscription Period: October 27, 2025, to November 7, 2025 [18] Investor Requirements - Eligible Investors: Individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [2][15] - Requirement for Shanghai Securities Account: Investors must have a Shanghai Securities Account to subscribe [30][31] Fund Management and Custody - Fund Manager: Penghua Fund Management Co., Ltd. [1] - Fund Custodian: Industrial Bank Co., Ltd. [1] - Offshore Custodian: Citibank N.A. [1] Additional Information - The fund's contract and prospectus will be available on the company's website and the CSRC's electronic disclosure website [13] - The fund management may adjust the subscription arrangements based on various circumstances and will announce any changes [17][18]