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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.
The figure is almost five times the Rmb127.2bn in inflows recorded in 2021 and almost double the Rmb387.2bn in 2022.
It also marks a complete turnaround from the Rmb5.1bn in 2019…