On July 16th, the first batch of Saudi Arabian Exchange-Traded Funds (ETFs) officially debuted in China. Among them, the Southern Fund’s Southern Dongying Saudi Arabia ETF (QDII) was listed on the Shenzhen Stock Exchange, abbreviated as Saudi ETF (159329), while the Huatai Baoer Southern Dongying Saudi Arabia ETF (QDII) was listed on the Shanghai Stock Exchange, abbreviated as N Saudi ETF (520830). In the afternoon of the 16th, both the Saudi ETF (159329) and N Saudi ETF (520830) hit their daily limit-up.

Public information indicates that the target indices of these two Saudi ETFs are both the FTSE Saudi Arabia Index, serving as tools for mainland investors to easily participate in the Saudi market.