再创新高！7只千亿级“巨无霸”诞生

Core Viewpoint - The A-share market is experiencing significant growth, leading to a record high in the total scale of ETFs, which reached 5.63 trillion yuan as of September 30, 2023 [3][5][4]. ETF Market Overview - The total scale of ETFs in the market has reached 5.63 trillion yuan, with stock ETFs exceeding 3.7 trillion yuan and bond ETFs surpassing 690 billion yuan, both marking historical highs [3][5][4]. - Year-to-date, the ETF market has seen a dual growth in both share and scale, with total shares increasing by 362.78 billion shares and total scale growing by 1.84 trillion yuan, representing increases of 13.72% and 48.47% respectively [7]. - The stock ETF segment has seen the largest scale growth, increasing by 820.82 billion yuan, while bond ETFs have experienced nearly a threefold increase, making them the fastest-growing segment [7]. Performance of Individual ETFs - The top three ETFs in terms of share growth are the Hong Kong Stock Connect Internet ETF from Fuguo Fund, the Securities Company ETF from Huabao Fund, and the Chemical ETF from Penghua Fund, with respective increases of 59.59 billion shares, 38.18 billion shares, and 23.06 billion shares [7]. - The largest scale increases were also seen in the same ETFs, with the Hong Kong Stock Connect Internet ETF growing by 75.46 billion yuan, followed by the CSI 300 ETF from Huatai Baichuan Fund and the CSI 300 ETF from Huaxia Fund, which grew by 65.95 billion yuan and 64.05 billion yuan respectively [7]. Trading Activity and New Issuances - The trading volume of ETFs has surged, with a total trading amount of 554.88 billion yuan as of September 30, 2023, reflecting a year-on-year increase of 32.30 billion yuan, or 139.32% [8]. - A total of 274 new ETFs have been issued this year, bringing the total number of ETFs in the market to 1,325 [8]. Emergence of Large-scale ETFs - The number of ETFs with a scale exceeding 100 billion yuan has increased to seven, with one additional ETF joining this category compared to 2024 [10]. - The largest ETF is the CSI 300 ETF from Huatai Baichuan Fund, with a scale of 425.58 billion yuan, followed by the CSI 300 ETF from Fuguo Fund at 304.80 billion yuan [12]. Future Outlook - The growth of the ETF market is supported by institutional investments from insurance, pensions, and individual investors, with ETFs becoming a key tool for wealth management and long-term investment strategies [3][7]. - The ongoing reforms in the capital market, particularly regarding the Sci-Tech Innovation Board and the Growth Enterprise Market, are expected to further enhance the attractiveness and competitiveness of the market, potentially leading to more ETFs entering the 100 billion yuan club [13].