The entire market ETF will reach the 5 trillion mark. The trillion mark was crossed in just four months.
The Shanghai Composite Index is expected to reach 3900 points, with two ETFs trading hotly and the closing turnover reaching 555.848 billion yuan. The total ETF market scale in the entire market reached 4.97 trillion yuan the previous trading day, about to break through 5 trillion yuan. After China's domestic ETF market broke through the 4 trillion yuan mark on April 17 this year, it only took 4 months to approach the 5 trillion yuan ETF market scale. The intervals between each trillion yuan milestone in the domestic ETF market are getting shorter, with the first ETF launched in 2004 taking 16 years to break through the first trillion yuan mark; the second trillion took 3 years; the third trillion was achieved in just 10 months; and the fourth trillion mark was crossed in 7 months. In addition, in July this year, for the first time, China's ETF market surpassed Japan with an asset management scale of $611.7 billion, becoming the largest ETF market in Asia.
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