China's first batch of actively managed ETFs was officially approved on October 19, with products from 18 leading institutions set to launch their offerings this Friday (October 23). These approved actively managed ETFs are innovative products for the ETF industry, having never appeared in the Chinese ETF market before. Among them, fund management companies such as E Fund, China AMC, Fullgoal, and Southern Asset Management will each launch their own style of actively managed ETF products.