特约记者丨庞华玮 编辑丨包芳鸣 中国股票ETF市场迎来了"规模"与"流量"的双增长。 截至9月底，股票ETF总规模攀升至3.71万亿元，创下历史新高。年内股票型ETF规模增长8208.23亿 元，增幅约28.43%；其中，9月股票型ETF规模增长2098亿元，增幅约6%。 在股票型ETF快速增长背后，是汹涌的入场资金——9月份单月净流入1123亿元。 不过，这些借道股票ETF涌入市场的资金呈现出鲜明的喜好。总体来看，9月份，行业主题ETF净流入 941.32亿元，而宽基指数ETF则净流出479.05亿元。资金集中流向证券、电池、港股互联网等赛道，而 部分宽基指数ETF，如科创50、沪深300、创业板等宽基指数ETF基金则出现资金净流出。 9月股票ETF"吸金"超千亿元 截至9月30日，全市场ETF规模达5.63万亿元，创历史新高。 其中，股票ETF规模达3.71万亿元，占全市场ETF总规模的65.88%，同样创历史新高。 年内股票型ETF的规模稳步扩张，从去年年底的2.89万亿元增长至今年9月底的3.71万亿元，今年前三季 度规模增长8208.23亿元，是规模增长最多的细分ETF类型，增幅为28.43%。 同 ...

9月22日至9月26日，A股主要指数震荡反弹，创业板和科创板表现较为强势；港股科技股在前一周大涨后出现调整，恒生科技指数周跌1.58%。在此背景 下，本周全市场ETF总规模增长1589.05亿元，达到5.47万亿元，股票型ETF和债券型ETF分别增加731.97亿元和769.64亿元。债券型ETF近两周规模增长超 1100亿元，得益于近期第二批科创债ETF的集中上市。 从管理人来看，本周规模扩张最为亮眼的是国泰基金，凭借单周近200亿元的规模增长，其年内规模增长一举突破1000亿元。截至9月27日，ETF管理规模 Top8公募中已有7家年内增长超1000亿元。 此外，本周值得关注的行业大事是兴证全球基金的最新动作。证监会网站信息显示，9月25日，兴证全球基金上报了首只ETF产品——兴证全球沪深300质量 ETF。 | 基金类型 | 数量(只) | 周变动 (只) | 最新规模(亿元) | | --- | --- | --- | --- | | 股票型ETF > | 1043 | 7 | 36027.76 | | 债券型ETF | ਦੇਤੋ | 0 | 6844.209 | | 商品型ETF | 17 | 0 ...

Core Insights - As of the end of August, the scale of ETFs in the Shanghai Stock Exchange exceeds 3.7 trillion yuan, with domestic products accounting for over 70% [1] - The net inflow of funds this year has surpassed 350 billion yuan, indicating strong interest from institutional investors in major broad-based ETFs like CSI 300, CSI A500, and SSE 180 ETFs [1] ETF Scale and Composition - The stock ETF scale is approximately 2.6 trillion yuan, while the bond ETF scale is around 450 billion yuan [1] - Five ETF products have surpassed 100 billion yuan in scale, highlighting significant investment interest [1] Market Activity and New Listings - In the first half of the year, 96 new ETFs were listed, raising a total of 78.8 billion yuan, which has already exceeded the total for the entire year of 2024 [1] - Among the new listings, 50 are broad-based ETFs, including 16 science and technology innovation index ETFs, with a total scale of nearly 20 billion yuan [1] - Eight SSE 180 ETFs were listed, with a total scale exceeding 22 billion yuan, indicating a diverse range of investment options for investors [1]

Group 1 - The core viewpoint of the article highlights that China's ETF market has officially surpassed 5 trillion yuan, reaching a total size of 5.07 trillion yuan in just four months [1] - There are currently 101 ETFs in the market with a size exceeding 10 billion yuan, and 6 ETFs have surpassed 100 billion yuan [1] - The largest ETF by market size is the Huatai-PB CSI 300 ETF, with a total size of 412.88 billion yuan [1] Group 2 - The first bond ETF to exceed 60 billion yuan is the Bosera Convertible Bond ETF, which has reached a size of 61.32 billion yuan [1] - The top commodity ETF is the Huaan Gold ETF, with a size of 57.16 billion yuan, while the leading cross-border ETF is the Fortune Hong Kong Stock Connect Internet ETF, with a size of 75.36 billion yuan [1]

Market Performance - A-shares continued to rise, with the Shanghai Composite Index increasing by 1.51%, approaching 3900 points, and total trading volume in the Shanghai and Shenzhen markets reaching 3.14 trillion yuan, an increase of 594.4 billion yuan compared to the previous trading day, marking the second-highest trading volume in history [1] ETF Market Dynamics - The trading of ETFs was robust, with a closing transaction volume of 555.848 billion yuan. Notably, the Sci-Tech 100 ETF and the Sci-Tech Chip ETF hit a 20% limit up at one point, while several other ETFs tracking the ChiNext Index saw gains exceeding 15% [3] - As of August 22, the total market size of ETFs reached 4.97 trillion yuan, nearing the 5 trillion yuan mark. The ETF market in China surpassed Japan in July, becoming the largest ETF market in Asia, with a total size of 611.7 billion USD [3] - Year-to-date, the number of ETF shares increased by 137.751 million, a year-on-year increase of 5.19%, while the total size grew by 1.23 trillion yuan, reflecting a growth rate of 33.11%. Daily trading volume nearly doubled compared to the beginning of the year, with 219 new ETFs launched, bringing the total to 1271 [3] Growth of High-Value ETFs - The number of ETFs with a market size exceeding 10 billion yuan rose to 101, a historical high, with these new high-value ETFs primarily being popular products. The total size of these 101 ETFs reached 3.77 trillion yuan, accounting for nearly 76% of the entire market [4] - Among fund companies, China Asset Management led with 14 high-value ETFs totaling 728.511 billion yuan, followed by E Fund with 13 ETFs totaling 669.811 billion yuan. Other notable companies include Guotai Junan with 8, and GF Fund with 7 [4]

Core Viewpoint - The scale of China's ETF market has officially entered the 5 trillion yuan era, reaching 5.07 trillion yuan in just four months, with a total of 1,271 ETFs currently available [1] Group 1: Overall ETF Market - The total number of ETFs in the market is 1,271 [1] - The market has seen a significant increase from 4 trillion to 5 trillion yuan in a short span of four months [1] Group 2: Largest ETFs by Category - The largest ETF by total scale is the Huatai-PB CSI 300 ETF, with a size of 412.88 billion yuan [1] - The leading industry ETF is the Guotai Securities ETF, which has a scale of 44.557 billion yuan [1] - The top thematic ETF is the Harvest Sci-Tech Chip ETF, with a size of 35.103 billion yuan [1] - The largest strategy ETF is the Huatai-PB Dividend Low Volatility ETF, with a scale of 21.139 billion yuan [1] - The largest bond ETF is the Bosera Convertible Bond ETF, which has surpassed 61.32 billion yuan, making it the first bond ETF to exceed 60 billion yuan [1] - The leading commodity ETF is the Huaan Gold ETF, with a scale of 57.159 billion yuan, while the largest cross-border ETF is the Fuguo Hong Kong Stock Connect Internet ETF, with a size of 75.355 billion yuan [1]

Group 1 - The total market ETF size has surpassed 5 trillion yuan, reaching 5.07 trillion yuan as of August 25, marking a growth of 1 trillion yuan in just over four months since it first exceeded 4 trillion yuan on April 17 [1] - There are now over 100 ETFs in the market with a size exceeding 100 billion yuan, with the largest ETF exceeding 400 billion yuan [1] - Several new funds, including the Fortune CSI Satellite Industry ETF and the CCB SSE STAR 200 ETF, were launched on August 26 [1] Group 2 - The 2025 China Operating System Industry Conference was held on August 26, where the new generation of the Chinese operating system, Galaxy Kirin V11, was released [1] - A new round of price adjustments for domestic refined oil will begin at 24:00 today [1] - The central bank has 300 billion yuan of one-year MLF and 580.3 billion yuan of seven-day reverse repos maturing today [1]

Group 1 - The Shanghai Composite Index is approaching 3900 points, with two ETFs experiencing high trading volume, resulting in a closing transaction amount of 555.848 billion yuan [1] - The total market ETF scale reached 4.97 trillion yuan, nearing the 5 trillion yuan milestone [1] - The time intervals for achieving trillion-yuan milestones in domestic ETFs have significantly decreased, with the first trillion taking 16 years, the second 3 years, the third 10 months, and the fourth just 7 months [1] Group 2 - In July, China's ETF scale surpassed Japan's, reaching an asset management scale of 611.7 billion dollars, making it the largest ETF market in Asia [1]

Core Insights - The total shares of ETFs (Exchange-Traded Funds) have increased by nearly 120 billion, reaching 2.77 trillion shares as of August 18 [1] - The total scale of ETFs has reached 4.77 trillion yuan, with a year-to-date growth of 1.04 trillion yuan, representing a significant increase of 27.88% compared to the end of last year [1] - Broad-based ETFs have emerged as a "ballast," showing outstanding performance in both scale and growth rate [1]

Core Insights - The total scale of ETFs in the first half of 2025 exceeded 4 trillion yuan, reaching 4.31 trillion yuan, representing a growth of 15.57% compared to the end of the previous year [1] - Bond ETFs experienced the highest growth rate, increasing by 120.71% to reach 383.976 billion yuan [1] - Broad-based ETFs saw a 2% increase, with a total scale of 2.23 trillion yuan, maintaining a significant share of the overall ETF market [1] Company Performance - A total of 18 ETFs saw their scale increase by over 10 billion yuan in the first half of the year, with 7 of these being stock ETFs, primarily focusing on broad-based products like the CSI 300 ETF and thematic products such as robotics ETFs [1] - 16 fund companies reported an increase in ETF scale exceeding 10 billion yuan, with China Asset Management leading by adding 93.170 billion yuan, bringing its total ETF management scale to 751.336 billion yuan, the largest among all fund managers [1]