Since the beginning of this year, the scale and quantity of domestic ETFs have repeatedly reached new highs. The latest data shows that as of now, the total size of ETFs has exceeded 2 trillion yuan, with a total of 849 units. At the same time, more than a hundred new ETFs have been established since the beginning of this year, with a net inflow of over 400 billion yuan, including 228.5 billion yuan from broad base ETFs. The scale of broad base index ETFs has reached 850 billion yuan, accounting for more than half of equity ETFs. According to the 2023 public fund midterm report data, the enthusiasm of foreign institutions to allocate domestic ETFs continues to increase, with 13 qualified foreign investors entering the top ten holders of over a hundred equity ETFs. Broad base index is a commonly preferred allocation category for foreign institutions, with 12 out of 13 qualified foreign investors allocating broad base ETFs. Broad base index ETFs such as Science and Technology Innovation 50, Shanghai and Shenzhen 300, and Shanghai Stock Exchange 180 have become the target for foreign investment allocation. At present, the scale of domestic and foreign products in the Shanghai and Shenzhen 300 Index has exceeded 360 billion yuan; The flagship index product of "Hard Technology", Science and Technology Innovation 50ETF, has reached 143.2 billion yuan in scale, and the total scale of domestic and foreign products has reached 145.4 billion yuan, becoming the second largest domestic wide base index product after Shanghai and Shenzhen 300. At the same time, foreign institutions are also actively deploying Chinese assets through the ETF interconnection mechanism. At present, the number of ETF interconnectivity targets has increased from the first batch of 87 to 137, including 76 Shanghai Stock Connect ETFs, 55 Shenzhen Stock Connect ETFs, and 6 Hong Kong Stock Connect ETFs. From the perspective of transaction volume, in August 2023, the total ETF transaction volume of the Land Stock Connect was 14.2 billion yuan, an increase of 47.3% compared to July. Among them, the transaction volume of the Shanghai Stock Connect exceeded 10 billion yuan, reaching a historical high. Industry insiders believe that with the increasing improvement of China's local index system and the abundance of ETF products, the enthusiasm of foreign institutions to participate in ETFs will continue to increase. (New News Agency)
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：China Secruities Daily
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