Foreign and domestic appetite for A‑shares rose in 1H; foreign holdings of
A‑shares reached a phase high. China's ETF market is expanding rapidly and
long-term funds are becoming a material market force. As of June 30, 187 ETFs
launched year‑to‑date, issuing 65.487 billion units, the highest number of H1
launches on record. Industry participants said equity and tech ETF issuance hit
a phase high in 1H and has become the core vehicle for institutions and retail
to access the tech theme.
