ETF scale on Shanghai Stock Exchange surges to 2.9 trln yuan

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The total assets of exchange-traded funds (ETFs) listed on the Shanghai Stock Exchange (SSE) have amounted to 2.9 trillion yuan (around 394.64 billion U.S. dollars), according to the latest data from the Shanghai bourse.

Since the start of this year, the net inflow into ETFs across the market has exceeded 130 billion yuan, and the number of ETF products available on the market has exceeded 670, the SSE reported.

Specifically, stock ETFs account for the largest portion with total assets of 2.1 trillion yuan (about 285.77 billion U.S. dollars), while broad-based ETFs have assets totaling 1.6 trillion yuan. Bond ETFs account for…

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