CLS.CN | US Equity ETFs Account for 13% of Total US Market Capitalization while China at Only 2% Enters Strategic Opportunity Period

Translated from CLS.CN

CLS.CN, November 15: BlackRock recently released an observation report on the global ETF market. Data shows that as of the end of the third quarter of 2023, the size of equity ETFs in the US, Europe, and Asia-Pacific markets were 5.6 trillion US dollars, 1.1 trillion US dollars, and 0.9 trillion US dollars, respectively. The total market capitalization of the stock markets in these regions amounted to 44.3 trillion US dollars, 12.9 trillion US dollars, and 21.1 trillion US dollars, respectively. This implies that equity ETFs in these regions make up 13%, 9%, and 4% of the total market capitalization, respectively. Experts in the market have highlighted that the growth of equity ETFs is primarily driven by broad-based ETFs. As the domestic market ecosystem steadily improves, China's ETF market is facing a period of strategic opportunity for development. In comparison with global markets, China's equity ETFs currently stand at a scale of RMB 1.67 trillion, while the total market capitalization of the stock market nears RMB 80 trillion. The proportion of domestic equity ETFs to the total market capitalization of the stock market is merely 2%. This indicates that China's ETF market, especially broad-based ETFs, has considerable potential for further development.