Several actively managed ETFs under fund managers including Huatianfu, Dacheng, and China Merchants Fund have concluded their fundraising ahead of schedule, each exceeding the 2 billion yuan fundraising cap and triggering pro-rata allocation. After market close on October 27, Huatianfu Fund and Dacheng Fund announced that the cumulative valid subscription applications for their actively managed ETFs had exceeded 2 billion units, and that "last-day pro-rata confirmation" principles would be applied to partially confirm valid subscription applications for that day. According to channel sources, the actively managed ETF under China Merchants Fund has also concluded its fundraising ahead of schedule and will initiate pro-rata allocation. As of now, 10 actively managed ETFs, including the JPMorgan Large Cap Growth Active Stock ETF and E Fund Quality Balanced Active ETF, have completed fundraising, all exceeding the 2 billion yuan fundraising cap and triggering pro-rata allocation.