File photo shows a staff member walking past the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province. (Xinhua/Mao Siqian)
BEIJING, April 11 (Xinhua) -- Assets held by Chinese exchange traded funds (ETFs) soared to 1.4 trillion yuan (about 219.8 billion U.S. dollars) by the end of 2021, up 30.55 percent year on year, according to an industrial report published by the Shenzhen Stock Exchange on Sunday.
The exchange also noted that the number and volume of Chinese ETF products both saw a record high in 2021.
It is reported that the cross-border stock ETF saw the largest growth of 212.33 percent.
There are a few opportunities ahead in China's ETF market, according to the report. For example, responding to the high-quality development strategy, ETF products centering on key sectors will embrace new development.
Meanwhile, more innovation-driven products will be introduced to provide more choices for investors with diversified needs.
Besides, the ETF connectivity scheme will be further strengthened to help opening-up of China's capital market.
(Edited by Li Shimeng with Xinhua Silk Road, lishimeng@xinhua.org)
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