{"id":10931,"date":"2024-10-28T15:26:32","date_gmt":"2024-10-28T08:26:32","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=10931"},"modified":"2024-10-28T15:26:32","modified_gmt":"2024-10-28T08:26:32","slug":"rising-interest-in-a-shares-etfs-amid-market-sentiment-surge-and-overseas-capital-influx","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=10931","title":{"rendered":"Rising Interest in A-shares ETFs Amid Market Sentiment Surge and Overseas Capital Influx"},"content":{"rendered":"

GUANGZHOU, China<\/span><\/span>, Oct. 28, 2024<\/span><\/span> \/PRNewswire\/ —\u00a0Recently, the National Bureau of Statistics of China<\/span> announced that investment in high-tech industries continued to scale up in the first three quarters, of which the investment in high-tech manufacturing and high-tech services grew by 9.4% and 11.4% respectively. Since September 24<\/span>th, a series of favorable policies, such as interest rate cuts, mortgage rate reductions, and new monetary tools have boosted China’s<\/span> stock market sentiment. Interest in high-quality assets continues to rise, with broad-based ETFs gaining traction as an attractive investment option. It’s also observed that foreign capital is accelerating its inflow into Chinese assets.<\/p>\n

\n<\/div>\n

EPFR data shows that US$57.6 billion<\/span> flowed into A-shares between September 23<\/span>rd and October 20<\/span>th, making up more than 90% of total flows into emerging markets. As of October 24<\/span>th, Bloomberg data shows that China<\/span>-focused ETFs occupied five of the top 10 global ETF inflows, totaling US$19.2 billion<\/span> for the past month. Global investors particularly favored technology industries, which accounted for a significant portion of these inflows.<\/p>\n

Notably, E Fund ChiNext ETF (Code: 159915) and E Fund STAR 50 ETF (Code: 588080) provided by E Fund Management (“E Fund”), the largest mutual fund manager in China<\/span>, are attracting attention. These ETFs focus on high-growth technology and innovation-driven industries, aligning with the increasing investor interest in China’s<\/span> tech sectors. To be more specific, while the ChiNext index prioritizes sectors such as new energy and healthcare, the STAR 50 Index leans more towards semiconductor sector.<\/p>\n

In addition, E Fund continues to innovate, expanding its ETF product line to meet growing market demand for diverse, sector-specific investment opportunities, including E Fund AI ETF (Code: 159819) and E Fund CSI Cloud Computing & Big Data ETF (Code:516510), which are available via ETF Connect to empower offshore investors.<\/p>\n

About E Fund<\/p>\n

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China<\/span> with over RMB 3.5 trillion<\/span> (USD 505 billion<\/span>) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China<\/span> and is widely recognized as one of the most trusted and outstanding Chinese asset managers.<\/p>\n

Source: E Fund. AuM is preliminary and includes subsidiaries. Data as of Sep 30, 2024<\/span>. FX rate is sourced from PBoC.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

GUANGZHOU, China<\/span><\/span>, Oct. 28, 2024<\/span><\/span> \/PRNewswire\/ —\u00a0Recently, the National Bureau of Statistics of China<\/span> announced that investment in high-tech industries continued to scale up in the first three quarters, of which the investment in high-tech manufacturing and high-tech services grew by 9.4% and 11.4% respectively. Since September 24<\/span>th, a series of favorable policies, such as interest rate cuts, mortgage rate reductions, and new monetary tools have boosted China’s<\/span> stock market sentiment. Interest in high-quality assets continues to rise, with broad-based ETFs gaining traction as an attractive investment option. It’s also observed that foreign capital is accelerating its inflow into Chinese assets.<\/p>\n

\n<\/div>\n

EPFR data shows that US$57.6 billion<\/span> flowed into A-shares between September 23<\/span>rd and October 20<\/span>th, making up more than 90% of total flows into emerging markets. As of October 24<\/span>th, Bloomberg data shows that China<\/span>-focused ETFs occupied five of the top 10 global ETF inflows, totaling US$19.2 billion<\/span> for the past month. Global investors particularly favored technology industries, which accounted for a significant portion of these inflows.<\/p>\n

Notably, E Fund ChiNext ETF (Code: 159915) and E Fund STAR 50 ETF (Code: 588080) provided by E Fund Management (“E Fund”), the largest mutual fund manager in China<\/span>, are attracting attention. These ETFs focus on high-growth technology and innovation-driven industries, aligning with the increasing investor interest in China’s<\/span> tech sectors. To be more specific, while the ChiNext index prioritizes sectors such as new energy and healthcare, the STAR 50 Index leans more towards semiconductor sector.<\/p>\n

In addition, E Fund continues to innovate, expanding its ETF product line to meet growing market demand for diverse, sector-specific investment opportunities, including E Fund AI ETF (Code: 159819) and E Fund CSI Cloud Computing & Big Data ETF (Code:516510), which are available via ETF Connect to empower offshore investors.<\/p>\n

About E Fund<\/p>\n

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China<\/span> with over RMB 3.5 trillion<\/span> (USD 505 billion<\/span>) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China<\/span> and is widely recognized as one of the most trusted and outstanding Chinese asset managers.<\/p>\n

Source: E Fund. AuM is preliminary and includes subsidiaries. Data as of Sep 30, 2024<\/span>. FX rate is sourced from PBoC.<\/p>\n

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