BEIJING, Feb. 22 (Xinhua) -- Investors have been investing in related exchange-traded funds (ETF) in China's A-share market this year, with net capital inflows into such stock ETFs already exceeding 340.82 billion yuan by February 21, reported Securities Daily on Thursday.
Their recent investment in A-share market via ETFs provided more liquidity and along with debut of more foreseeable preferential policies, more long-term capital is likely to enter, Chen Li, chief economist with Chuancai Securities told the newspaper.
After Central Huijin Investment Ltd., a representative of Chinese mid- and long-term institutional investors, announced to add holdings of certain ETFs on October 23, 2023, more institutions followed its suit.
By Wednesday, the 844 stock ETFs tradable on China's A-share market including cross-border ETFs managed assets in excess of two trillion yuan, showed statistics with Wind, a financial data provider in China.
Some foreign institutional investors also scaled up their investment in A-share market this year. For instance, KraneShares launched in early February two ETFs for China Internet exposure on New York Stock Exchange.
Market experts said that investing in China's A-share market via ETFs provides investment opportunities in a large number of A-share companies that boast high investment valuable currently.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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