Domestic exchange-traded funds (ETFs) have developed rapidly in China in 2020, with their value climbing 57.68 percent year on year, said the Shenzhen Stock Exchange in a research report.
By the end of 2020, 366 ETFs were listed and traded on the Chinese mainland, with an asset scale of about 1.1 trillion yuan (170.93 billion U.S. dollars).
New ETF products in the domestic market are mainly ETFs in the chip, new energy, artificial intelligence and 5G industries.
In terms of investor structure, institutional investors remain in the majority, but individual investors have been expanding.
By the end of June 2020, individual investors held 287.46 billion yuan of domestic ETFs, accounting for 30.7 percent of the total.