Chinese exchange-traded funds saw a “staggering” growth in the last few years, with inflows consistently notching new highs, according to…
Chinese exchange-traded funds saw a stunning growth in the last three years, with inflows consistently notching new highs, according to Morningstar.
Chinese exchange-traded funds saw a"staggering" growth in the last five years, with inflows consistently notching new highs, according to Morningstar. "Between 2018 and 2023, the annual assets under management growth rate of ETFs in China averaged a staggering 40%, and the total AUM reached record highs every year," the Morningstar report said.The broader China A-shares market has been"tepid" since 2022, with bright spots only in certain niche industries, the financial services firm said.
Additionally, on the back of a booming semiconductor sector, large amounts of assets were directed into Morningstar's so-called sector equity tech and communications category, Wang added.
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