MCHI - Chinese ETF Market Explodes With 5X Increase In Inflows Over 3 Years Despite Some Ceasing Operations In US | Benzinga
The Chinese exchange-traded funds (ETFs) market has seen a fivefold increase in investments over the past three years
What Happened: As per Morningstar, the inflow into Chinese ETFs has experienced “staggering” growth, consistently reaching new highs over the last five years, CNBC reported on Tuesday. Wanda Wang, Morningstar’s Research Manager, mentioned that the annual inflows to China ETFs surged almost fivefold in the past three years.
Data from the American financial services firm shows that the total yearly inflows to Chinese ETFs swelled from 127.2 billion yuan ($17.49 billion) in 2021 to 387.2 billion yuan ($53.2 billion) in 2022. In 2023, this figure hit 604.3 billion yuan ($83.05 billion).
By the end of 2023, the total assets under management (AUM) of ETFs in China more than doubled that at the end of 2020, reaching ...