China ETF assets register 'explosive' growth

July 2, 2024--Booming sector has enjoyed annual growth rate of 40% since 2018 as actively managed funds have slumped
China's exchange traded fund industry has surged in recent years, buoyed by record high inflows into equities strategies and amid a slump in the take-up of active funds, according to Morningstar research.

Total annual inflows into China ETFs reached Rmb604.3bn ($83.3bn) in 2023, the research firm's latest China ETF Asset Flows report shows.