A股巨变！发生了什么？

Core Viewpoint - The article discusses the significant changes in the A-share market, focusing on the evolution of ETFs and their impact on investment strategies and market dynamics [2] Group 1: ETF Evolution - The growth of ETFs in the A-share market has been remarkable, with total assets under management reaching approximately 1 trillion yuan, reflecting a year-on-year increase of 30% [2] - The number of ETF products has surged, with over 300 new ETFs launched in the past year, indicating a growing interest from both retail and institutional investors [2] - The diversification of ETF offerings, including sector-specific and thematic ETFs, has provided investors with more tailored investment options [2] Group 2: Market Impact - The rise of ETFs has contributed to increased market liquidity, with ETF trading volumes accounting for nearly 15% of total A-share trading volume [2] - Institutional participation in the A-share market has intensified, with ETFs becoming a preferred vehicle for asset allocation among institutional investors [2] - The shift towards passive investment strategies, driven by the popularity of ETFs, is reshaping the investment landscape in the A-share market [2]