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What is ETF
The full English name of ETF is Exchange Traded Funds, which is translated as "Exchange Traded Funds" in mainland China, "Exchange Traded Funds" in Hong Kong, and "Index Equity Funds" in Taiwan.

ETF is an open-ended stock fund that tracks market indices and can be freely traded on the stock exchange. Investors buying and selling an ETF is equivalent to buying and selling the index it tracks, and can achieve returns that are basically consistent with that index. Usually, a completely passive management approach is adopted with the goal of fitting a certain index, combining the characteristics of stocks and index funds.