Securities Bank of China's Wealth Appraisal: ETF will further become a "super hub" connecting the market and investors.

On April 22, at the "Smart Future, Shared Ecological" 2026 ETF Ecological Circle Seminar held by the Financial Street Securities, President Yin Guohong mentioned that with the expansion of market size, the continuous narrowing of excess returns of active strategies, and the upgrading of investment demand, ETFs have evolved from simple index replication tools to the core carrier of asset allocation. By combining "Broad Base + Industry + Smart Beta" and supplemented with domestic and foreign, multiple varieties of ETFs, innovative allocation strategies can be realized, and even global asset allocation can be achieved domestically. "For individual investors, the low threshold and transparency of ETFs make them the main access point for individual investors to participate in the capital market, to some extent achieving investment equality." He believes that in the future, with the introduction of innovative products such as multi-asset ETFs, options strategy ETFs, and the deepening of demand for ESG, cross-border investments, etc., ETFs will further become a "superhub" connecting the market with investors.