Core Insights - The recent ranking of the top 20 global ETF providers by Morningstar for Q3 2025 shows two Chinese public fund companies making the list, with China Asset Management's significant rise in position being noteworthy [1] - China has surpassed Japan to become the largest ETF market in Asia, with a total ETF scale of approximately 5.5 trillion yuan, solidifying its leading position in the Asia-Pacific region [1] Group 1: Company Performance - China Asset Management's ETF management scale reached 126.8 billion USD, moving up from 19th to 18th place in the global rankings, marking its continuous ascent since entering the top 20 in 2022 [1] - The company has maintained its position as the largest player in the domestic ETF market for over 20 years, having launched the first domestic ETF in 2004 [5][9] - As of November 19, 2025, China Asset Management's equity index scale reached 904.7 billion yuan, leading the industry [5] Group 2: Product Offering - The company offers a comprehensive range of 116 ETF products, covering core broad-based indices, thematic sectors, commodities, and both domestic and international markets [6][14] - The product matrix includes various asset types, allowing for flexible combinations to meet diverse investor needs, thus establishing a robust investment ecosystem [12][14] Group 3: Market Trends - Bloomberg's industry research team predicts that China will become a key growth engine for the Asian ETF market over the next decade, with assets expected to reach 8 trillion USD by 2035 [2] - The strong policy support for the ETF market and the increasing adoption rate among retail investors are expected to drive significant capital inflows and attract more foreign institutional participation [2] Group 4: Strategic Approach - China Asset Management employs a "Lego-style" approach to asset allocation, creating a detailed asset category structure to meet diverse investment needs [12] - The company emphasizes a dual empowerment model of "active equity + passive ETF," allowing it to redefine the value of ETFs beyond mere index replication [10][11]