On September 13, the Shenzhen Stock Exchange, in collaboration with several fund companies, released the "White Paper on ETF Investment and Trading (June 2024)," summarizing the performance of the domestic ETF market in the first half of 2024. The report shows that the total trading volume of non-monetary ETFs reached a record high of 11.48 trillion yuan, a significant increase compared to the same period last year. Additionally, the net inflow into the ETF market in the first half of the year reached more than 80% of last year's total, indicating continued trust and demand for ETF products in the market.
The report points out that despite global economic uncertainties, institutional investors' holding proportion has exceeded 50%, especially in broad-based ETFs, where the institutional holding proportion is the highest at 69.6%. In terms of dividends, the dividend amount of ETFs in the first half of this year increased by nearly 80% year-on-year, showing that fund companies have intensified their returns to investors.
Market liquidity has also been significantly improved, with the Shenzhen market's liquidity service provider coverage reaching 99%. Eighteen mainstream liquidity service providers offer ETF liquidity support. The report also emphasizes that in the future, the goal is to continue improving rules and incentive mechanisms to encourage more institutions to participate in the ETF market, further enhancing trading efficiency and market depth.
