Shanghai Stock Exchange Photo:CFP
China’s exchange-traded fund (ETF) market has reached a record high, with total assets under management nearing 2.5 trillion yuan ($349 billion), showcasing the robust growth and diversity of investment options in the country’s capital markets.
On Saturday, the Shanghai Stock Exchange issued a report on the development of the ETF market, revealing that the sector expanded by 430.9 billion yuan in the first half of 2024 to a total of 2.48 trillion yuan, up 21 percent from the end of 2023. The number of ETFs listed on Chinese exchanges rose to 967, a rise of 9 percent from the end of 2023.
The rapid expansion of ETFs in China has provided investors with a more diversified array of opportunities, covering a broader range of sectors and markets. This trend has enlivened the nation’s capital market and allowed ordinary investors to benefit, according to analysts.
ETFs, thematic investment portfolios that…
