This entity is an exchange-traded fund (ETF) specifically designed to track the performance of a key segment of China's government bond market. It focuses on bonds issued by the Chinese central government with a maturity of approximately 10 years. As an investment vehicle, it offers a way for investors to gain exposure to the risk and return characteristics of these fixed-income securities. The fund's holdings are predominantly composed of these 10-year government bonds, reflecting the underlying index it tracks. Its primary goal is to mirror the price movements and yields of this benchmark, thus providing investors with a relatively cost-effective and transparent means to participate in this particular area of the Chinese bond market. This makes it appealing to investors seeking a lower risk exposure, predictable income stream, or a diversified investment portfolio. The ETF also appeals to those who want to speculate or hedge against shifts in interest rates or the overall economic environment within China. The fund's value and returns are therefore heavily influenced by factors such as changes in prevailing interest rates, expectations about government fiscal policy, and overall market sentiment toward Chinese government debt. By holding a diversified portfolio of these bonds, the fund aims to provide a return that is comparable to, and mirrors, the overall performance of the 10-year Chinese government bond market index. This also brings liquidity to the trading of these types of bonds, by being a liquid trading vehicle itself. The fund is traded on the Shanghai Stock Exchange, which means that its price will fluctuate throughout the day, depending on supply and demand for the fund, and the price of the underlying bonds it holds.