彻底“沸了”！招行竟也出手了

Core Viewpoint - The ETF market is experiencing rapid growth, with major players like China Merchants Bank entering the space by hosting the "Jin Kui Hua Cup" ETF simulation investment competition, aimed at promoting ETF sales and enhancing customer engagement [2][4]. Group 1: ETF Competition Details - China Merchants Bank has launched the "Jin Kui Hua Cup" ETF simulation investment competition, which is currently open for registration and will run from August 18 to October 17 [4][7]. - Participants will receive virtual funds of 1 million yuan to trade a wide range of ETFs, including stock ETFs, bond ETFs, and gold ETFs, with performance metrics including gains, losses, and dividends [7][9]. - The competition includes various rewards such as experience gifts, ranking prizes, and a grand prize for the overall winner, which includes a Huawei MateBook GT14 [7][9]. Group 2: Industry Insights - The entry of banks into the ETF competition space has surprised many industry insiders, who noted that banks are increasingly focusing on selling ETF-linked funds to maintain and cultivate customer relationships [9][10]. - The rise of passive investment products like ETFs has become a trend, especially with the recent resurgence of the A-share market, prompting banks to seek a share of this growing business [9][10]. - There are speculations that the ETF competition may be linked to the future plans of Fund Connect 2.0, which currently only supports public REITs but may expand to include ETFs [10]. Group 3: Broader Market Trends - Over the past few years, the ETF market has gained significant attention, with not only brokerages but also banks and third-party institutions actively participating [12][13]. - Various banks, including China Merchants Bank, are offering discounts on ETF-linked products, with some fees as low as 10% of the standard rate, to attract investors [13]. - The competitive pricing of index funds is crucial for attracting investors, as many prefer to invest through bank apps for convenience [13].