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Industry

Publicly-offered ETFs exceed RMB700 bln in China by mid May

May 14, 2020


Abstract : The publicly-offered exchange-traded funds (ETF) remains a popular channel for the inflow of external capital to China's A-share market in the second quarter when volatility continued on global stock market, reported Securities Daily Wednesday.

BEIJING, May 14 (Xinhua) -- The publicly-offered exchange-traded funds (ETF) remains a popular channel for the inflow of external capital to China's A-share market in the second quarter when volatility continued on global stock market, reported Securities Daily Wednesday.

In the second quarter, publicly-offered ETFs extended their relatively encouraging performance since 2019 with products number and fund sizing up continuously.

By May 12, ETFs that were publicly offered totaled 306 ones, an increase of 48 ones since the end of last year and their size reached 709.41 billion yuan, up 21.81 percent since the start of this year.

By market segments, science and technology-themed ETFs size grew slower this quarter than the first quarter while ETFs tracking broad-based indexes became again the key driver of gross fund size of the ETF market.

As the biggest segments of publicly-offered ETFs, the number of ETFs tracking broad-based indexes and science and technology-themed ETFs stood at 64 ones and 24 ones by Tuesday and their fund sizes has grown to 306.87 billion yuan and 121.28 billion yuan respectively.

In the past days of this year ending Tuesday, fund sizes of ETFs tracking broad-based indexes and science and technology-themed ETFs expanded 17.47 billion yuan and 3.09 billion yuan over the end of 2019.  (Edited by Duan Jing, duanjing@xinhua.org)

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