Cross-border ETFs refer to ETFs initiated by domestic fund companies and listed on domestic stock exchanges. Its underlying index is an overseas index, the securities assets held by the fund are mainly entrusted overseas, and the subscription, redemption and trading of fund shares are all carried out in China.

Recently, the Shanghai Stock Exchange issued trading guidelines and decided to implement intra-day revolving trading (T+0 trading) for cross-border ETFs and cross-border LOFs from 1 to 19, including Huaan International Leading ETF, Boss Standard & Poor's 500ETF, Cathay Pacific Nasdaq 100ETF and E Fund Hang Seng China Enterprise ETF. At the same time, Shenzhen Stock Exchange also revised the list of cross-border ETFs for T+0 transactions and added Huaxia Hang Seng ETF. That is, these etf funds can be bought and sold on the same day.

T+0: Simply put, buy on the same day and sell on the same day.