Core Insights - The total share of ETFs has increased by nearly 120 billion, reaching 2.77 trillion shares, with a total scale of 4.77 trillion yuan, reflecting a year-to-date growth of 1.04 trillion yuan and a year-on-year increase of 27.88% [1] - Broad-based ETFs, particularly those tracking the CSI 300 and CSI A500 indices, have shown significant growth due to sustained buying from long-term funds like Central Huijin, establishing themselves as the dominant force in the ETF market [1][2] - The CSI 300 ETF has become the only thematic fund to exceed 1 trillion yuan in total scale, with a year-to-date growth of 116.7 billion yuan, indicating strong investor confidence in large-cap blue-chip stocks [2] ETF Market Performance - The CSI 500 and CSI 1000 thematic ETFs have also performed well, with total scales of approximately 181.7 billion yuan and 167.6 billion yuan respectively, reflecting a positive trend in investor sentiment [2] - A total of 47 individual products have seen scale growth exceeding 10 billion yuan, with the FuGuo Hong Kong Stock Connect Internet ETF leading with a growth of nearly 47 billion yuan [2] - Bond ETFs have shown stable growth, indicating a robust demand for fixed-income products, while cross-border ETFs have rapidly increased in scale, highlighting a growing need for diversified investment options [3] Investment Trends - The increase in ETF market scale, particularly in broad-based products, indicates a concentration of funds towards core assets and stable products, providing effective tools for diversification and risk management [3] - The overall market sentiment is buoyed by improved economic growth expectations in China, leading investors to favor index funds for core asset allocation [2][3] - The competitive landscape among fund companies has enhanced investor trust, further driving the demand for low-valuation blue-chip stocks [2]