Recently, Hang Seng Investment Management and CMB International Securities Asset Management (Hong Kong) teamed up to launch the Hang Seng CMB Bloomberg US Treasury Bond 1-3 Year Index ETF (03436) and the Hang Seng CMB Bloomberg US Treasury Bond 7-10 Year Index ETF (03435). These two jointly branded ETFs also offer non-listed category fund units for distribution, allowing investors from the Greater Bay Area to invest through the cross-border wealth management channel. It is reported that the two new ETFs will be listed on the Hong Kong Stock Exchange (00388) next Monday (16th), with an issue price of 78 yuan per unit. The trading unit size is 10 fund units, with an entry fee of 780 yuan. The estimated annual recurring expense ratio for non-listed category fund units is currently 0.66%. Alice Li, Director and CEO of Hang Seng Investment, said that US Treasury bonds are generally considered low-risk assets, and these two ETFs provide options for short-term and medium- to long-term investments, allowing investors to adjust their portfolios flexibly according to their risk appetite and financial goals. She mentioned that since the implementation of Cross-Border Wealth Management 2.0, a total of 68.2 billion RMB in funds flowed into Hong Kong from the mainland from March to July this year, an increase of more than 24 times compared to the same period last year. Zhou Geng, Head and Managing Director of CMB International Securities Asset Management (Hong Kong), stated that in the current macro environment where global inflation is gradually decreasing and US interest rates are slowly declining from high levels, the 1-3 year short-term US Treasury Bond ETF can provide customers with relatively stable returns, while the 7-10 year medium- to long-term US Treasury Bond ETF offers opportunities to capture returns in market volatility.