61 Trillion Yuan! Shanghai Stock Exchange ETF Turnover Ranks First in Asia and Third Globally

Author: Sun Ruxiang

Source: WWW.CB.COM.CN

By reporters Sun Ruxiang and Xia Xin from WWW.CB.COM.CN, Beijing

According to the Shanghai Stock Exchange ETF Industry Development Report (2026) released on February 6, the scale of ETFs in mainland China surpassed that of Japan in 2025, reaching approximately $860 billion in total and becoming the largest ETF market in Asia. In the 2025 exchange rankings, the Shanghai Stock Exchange ranked first in Asia and third globally in ETF turnover, while ranking second in Asia and seventh globally in scale.

In 2025, the total ETF turnover in the Shanghai Stock Exchange reached 61 trillion yuan, with an average annual compound growth rate of 42% over the past five years. The average daily turnover amounted to 299.92 billion yuan, reflecting a continuous improvement in market liquidity.

Among the ETFs, stock ETFs, bond ETFs, cross-border ETFs, and commodity ETFs recorded total turnovers of 15.8 trillion yuan, 24.4 trillion yuan, 13.1 trillion yuan, and 1.9 trillion yuan, respectively, representing increases of 42%, 275%, 134%, and 217% compared to 2024.

In terms of average daily turnover distribution, the three ETF products in the domestic market with an average daily turnover exceeding 10 billion yuan are all listed on the Shanghai Stock Exchange. Among them, the Haitong CSI Short-Term Bond ETF achieved an average daily turnover of 18.47 billion yuan, setting a new historical record and marking a 69% increase from 2024.

In the Shanghai Stock Exchange, 18 ETFs recorded an average daily turnover exceeding 5 billion yuan, accounting for 82% of the domestic market and representing an increase of 13 from 2024. Broad-based ETFs and bond ETFs showed significant growth in average daily turnover, accounting for 70% of the top 30 ETFs by average daily turnover on the Shanghai market.