超越日本！中国成为亚洲最大ETF市场

Core Viewpoint - China has overtaken Japan to become the largest ETF market in Asia, with a management scale of $681 billion, surpassing Japan's $668 billion [3][5]. Group 1: Market Growth and Comparison - The Chinese ETF market has shown remarkable growth, reaching a management scale of $681 billion, while Japan's market is at $668 billion, solidifying China's position as the leader in the Asia-Pacific region [3][5]. - Bloomberg's research team predicts that China will be a significant growth engine for the Asian ETF market over the next decade, with the market expected to reach $8 trillion by 2035, surpassing Europe [3][19]. - The Chinese ETF market recently broke the $4.8 trillion mark on August 18, 2023, just four months after surpassing $4 trillion for the first time [3][13]. Group 2: Historical Context and Development - China's ETF market has grown rapidly since the launch of its first ETF in December 2004, reaching $1 trillion in 15 years and $6 trillion in 21 years, which is 9 years faster than Japan [12][14]. - In contrast, Japan's first ETF was launched in 1995, taking 20 years to reach $1 trillion and 30 years to hit $6 trillion [12][14]. - The growth trajectory of the Chinese ETF market has accelerated, with significant milestones achieved in shorter time frames compared to Japan [13]. Group 3: Future Potential and Investor Adoption - The adoption rate of ETFs among individual investors in China is currently low, with only 10 million ETF investors as of June 2024, indicating significant potential for growth as financial education improves [20]. - The Asia-Pacific ETF market is projected to grow over 30% in 2024, with a compound annual growth rate of 18% expected to elevate the market from approximately $2 trillion to $8 trillion by 2035 [19][20]. - China's ETF market is still in the early stages of product diversification, lacking active ETFs, derivative-based ETFs, leveraged and inverse ETFs, or cryptocurrency ETFs, which could further enhance growth if introduced [22].