In recent years, the A** market as a whole has continued to be the best, but the share of ETF products has shown contrarian growth by virtue of the advantages of transparent positions and clear style, which has played the role of market stabilizer and ballast stone to a certain extent, helping the steady development of the capital market. According to the data, as of November 30, the number of domestic ETFs has rapidly increased to more than 800, and the total scale of ETFs has also hit a new high, with the scale of ETFs in the whole market reaching nearly 2 trillion yuan.
On November 29, 2023, Ping An of China and Shenzhen ** Stock Exchange jointly held a lecture on "Seizing the Opportunities of the Times to Build an ETF Ecosystem". A number of industry experts from Shenzhen Exchange, Ping An and Ping An studied the latest development trends of the ETF market and jointly built an index investment ecosystem. Xu Haiyang, general manager of the product and wealth management center of Ping An's ** brokerage division, pointed out that with the overall scale expansion of the public offering ** 10 times in 11 years, the ETF has shown an expansion rate higher than the growth rate of the public offering**, and the current scale has exceeded one trillion yuan, and China's ETF is still in the stage of category expansion and customer expansion.
Qian Jing, deputy director of investment of Ping An ** ETF Index Center, said that ETF products have gradually become an indispensable and important part of investors' asset allocation, and will continue to develop and innovate in the field of ETF product research and development in the future, providing investors with diversified one-click layout tools.
**The number of ETFs is growing year on year
In his keynote speech, the senior manager of the management department of Shenzhen Stock Exchange introduced that the Shenzhen Stock Exchange focuses on serving the three major fields of advanced manufacturing, digital economy, and green and low-carbon, and currently brings together 1,198 companies in the three major fields, and has become the main gathering place for high-tech enterprises and strategic emerging industry enterprises. As these companies continue to increase their activity in the market, the number of ETFs has increased year by year. In view of the broad-based ETF products that are currently favored by investors, the senior manager of the management department of Shenzhen **Exchange** said that broad-based ETFs can effectively diversify risks, and through the restriction of the weight of constituents, they can reduce the non-systematic risk caused by the excessive weight of a certain ** or industry. The broad-based ETFs of the Shenzhen Stock Exchange include popular broad-based ETFs such as ChiNext, Shenzhen 100, CSI 300, CSI 500, MSCI China A50, CSI 1000, CNI 2000 and SZSE 50. All kinds of broad-based ETFs can help investors get rid of choosing industries and picking the best"Tangled", through long-term holding to enjoy the steady growth of ** blue-chip companies or the long-term growth benefits of small and medium-sized caps, to obtain the average market return. The 21st Century Business Herald reporter learned that the establishment scale disclosed by the two SZSE 50 ETFs issued recently shows that the establishment scale of the Wells Fargo SZSE 50 ETF exceeds 2.4 billion yuan, and the number of valid subscribers is 12,678, while the establishment scale of E Fund SZSE 50 ETF exceeds 2.6 billion yuan, and the number of effective subscribers reaches 18,959. Judging from the cumulative issuance scale of these two ETFs, it has exceeded 5 billion yuan.
In this regard, some industry insiders said that the SZSE 50 Index adopts an innovative compilation method and focuses on the best core assets, and its own investment value is generally optimistic about the market, so it is also favored on the sales side. On the other hand, the current market is in a state of bottoming, and the enthusiasm of capital ETFs is very high, taking advantage of high-quality broad-based indices such as SZSE 50 ETF to enter the layout.
According to the senior manager of the management department of Shenzhen Exchange, the market provides a wealth of ETF choices, and it is also an important lesson for ETF investors to choose the corresponding industry theme at the right investment time. Since 2013, the industry theme ETF has been rapidly enriched, covering 11 first-class industries and 35 second-class industries. As of the end of March 2023, there were 87 cross-border ETFs listed and traded on the Shanghai and Shenzhen stock exchanges (53 in Shanghai and 34 in **34), tracking major indices in overseas markets such as Hong Kong, the United States, Japan, and Singapore.
ETFs have the advantages of low cost, diversified investment, passive operation, diversified investment, low purchase threshold, and strong liquidity, which can help investors better achieve asset allocation and portfolio optimization.
Xu Haiyang, general manager of the product and wealth management center of Ping An's ** brokerage division, pointed out that with the overall scale expansion of the public offering ** 10 times in 11 years, the ETF has shown an expansion rate higher than the growth rate of the public offering**, and the current scale has exceeded one trillion yuan, while China's ETF is still in the stage of category expansion and customer expansion.
Xu Haiyang said that in the first half of 2023, the company's ETF holdings outperformed the market. As"ETF buy-side investment advisory service provider"Ping An will build a data-driven system based on customer insights"3K service system"We will do a good job in the construction of the investment consulting team and the basic skills of the product service system, and maximize the value of the company and customers through customer-centric and healthy management.
In the future, Ping An ** will continue to promote the transformation of buy-side investment advisory services, fully mobilize the advantages of multi-format and multi-chain within the group, expand the open service platform, further open up to all market managers at the product introduction end, form solutions with excellent products, and realize the productization of investment advisory services through ATO linkage on the basis of insight into user needs, so as to help investors use ETFs and other on-site tools to achieve diversified asset allocation.
While ETFs are ushering in leapfrog development, public offerings** are also increasing the layout of ETF product lines.
Qian Jing, deputy investment director of Ping An ETF Index Center, said that since 2021, the share of ETFs has continued to accelerate and the scale has continued to expand. We continue to develop and innovate in the field of ETF product research and development, and our product lines cover six product lines: broad-based indexes, bond indexes, thematic indexes, strategy indexes, overseas indices and currencies**, providing investors with diversified one-click layout tools. Qian Jing said that today, the scale of the domestic ETF market has entered the era of 2 trillion yuan, marking a new stage in the development of the ETF industry, and ETF products have gradually become an indispensable and important part of investors' asset allocation.
Article**: 21st Century Business Herald).