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Who is buying Nasdaq QDII crazily?

Some local state-owned assets have become the largest holder of Nasdaq 100ETF!

Among the top ten holders of E Fund Nasdaq 100ETF linked to RMB, the local state-owned asset - Changzhou Investment Group Co., Ltd., as the largest holder, stands out among a group of individual investors. The company holds 3.3707 million shares of E Fund Nasdaq 100ETF linked to RMB, with a market value of 10.8198 million yuan.