Zhong Guo Ji Jin Bao·2025-06-23 14:51Core Insights - The Shanghai Stock Exchange has released the latest rankings for ETF-related activities among securities firms as of the end of May, highlighting the competitive landscape in the ETF market [3][4]. ETF Holdings Ranking - As of May 2025, the total number of ETFs in the Shanghai market is 691, with a total market value of 30,018.81 billion yuan, reflecting a 1.33% increase from the previous period [4]. - China Galaxy Securities leads the market with a holding scale of 24.63%, followed by Shenwan Hongyuan at 18.05%, and CITIC Securities and China Merchants Securities at 6.06% and 4.78%, respectively [5][4]. ETF Trading Volume Ranking - In May, Huatai Securities topped the ETF trading volume with an 11.3% market share, significantly ahead of CITIC Securities and Guotai Junan Securities, which had 9.35% and 7.48% market shares, respectively [6][4]. - The total trading amount for ETFs in May reached 30,097.61 billion yuan, with an average daily trading amount of 1,584.08 billion yuan [4]. ETF Trading Accounts Ranking - Huatai Securities and Oriental Fortune lead in the number of ETF trading accounts, each holding over 10% market share at 11.59% and 11.18%, respectively [8][9]. - China Galaxy and Ping An Securities also have significant account shares, exceeding 5% [9]. Competitive Landscape - Leading securities firms are enhancing their ETF business strategies, with Guotai Haitong focusing on optimizing the ETF ecosystem and private equity services, while Huatai Securities leverages advanced technology for trading services [10]. - Smaller firms are seeking differentiated development paths, with firms like Caitong Asset Management investing in passive equity products and Guohai Securities enhancing their wealth management capabilities [10].