File photo shows an exterior view of the Shanghai Stock Exchange at Pudong New Area in Shanghai, east China. (Xinhua)
BEIJING, Jan. 22 (Xinhua) -- Investors rushed into the exchange-traded funds (ETFs) market last week as shares of ETFs on the Shanghai and Shenzhen bourses surged 35.287 billion to 2.08 trillion, reported Securities Daily on Monday.
The newspaper citing data with Wind Info, a financial data provider in China, said that assets managed by ETFs on the two exchanges expanded 30.041 billion yuan to 1.998 trillion yuan last week.
With average daily turnover up 44.27 percent week on week, 141.006 billion yuan of ETFs were traded per trading day in last week.
By change of shares, finance industry saw the biggest increase in ETF shares than other sectors, with 25 ETFs tracking related stocks and compared with other themes, ETFs tracking the CSI New Energy Index recorded the largest shares increase last week.
Currently, the bottoming of A-share market is going on further and together with the enhanced market confidence in valuation of A-shares, more capital is likely to flow into the A-share market in future, the newspaper citing industry experts reported. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
