Economic Observation Network Fuguo Hong Kong, a wholly-owned subsidiary of Fuguo Fund, has been appointed as an investment advisor by Galaxy International Securities (Singapore) Limited to provide stock selection support for an actively managed equity ETF focused on local small and medium cap stocks in Singapore. It is reported that the product has been launched and is expected to be listed on the main board of the Singapore Exchange on September 3rd. In recent years, the trend of public fundraising going global has continued to upgrade. In terms of setting up overseas institutions, there are over 30 publicly offered overseas subsidiaries located in Singapore, North America, and other regions; At the product level, the development of interconnectivity is booming, with mutual ETFs being launched one after another, and joint issuance of fund products by multiple overseas asset management institutions to attract overseas funds to invest in A-shares. (China Fund News)