The total assets of exchange-traded funds (ETFs) listed on the Shanghai Stock Exchange (SSE) have amounted to 2.9 trillion yuan (around 394.64 billion U.S. dollars), according to the latest data from the Shanghai bourse.
Since the start of this year, the net inflow into ETFs across the market has exceeded 130 billion yuan, and the number of ETF products available on the market has exceeded 670, the SSE reported.
Specifically, stock ETFs account for the largest portion with total assets of 2.1 trillion yuan (about 285.77 billion U.S. dollars), while broad-based ETFs have assets totaling 1.6 trillion yuan. Bond ETFs account for over 200 billion yuan, and the scale of dividend ETFs is around 100 billion yuan.
Notably, five ETFs on the Shanghai market boast assets exceeding 100 billion yuan each, representing 83 percent of all such large-scale ETFs across both the Shanghai and Shenzhen bourses. Additionally, 52 ETFs traded on the SSE have assets surpassing 10 billion yuan, representing 71 percent of the total ETFs in two major exchanges.
Meanwhile, there is a notable growing appeal of Chinese ETFs to international investors. Overseas funds tracking indices such as the SSE and CSI (China Securities Index) have reached a combined amount of 150 billion yuan, reflecting heightened global confidence in index-based investments targeting China's markets.
ETFs are investment funds that hold multiple underlying assets and can be traded on an exchange, similar to individual stocks. They can be structured to track a wide range of investments, from the price of a single commodity to a large and diversified portfolio of stocks.
ETF scale on Shanghai Stock Exchange surges to 2.9 trln yuan
Iran's Islamic Revolution Guard Corps (IRGC) warned on Tuesday that if the U.S. army crosses the red line in attacking civilian targets, Iran's response "will go beyond the region."
In a statement published on its official news outlet Sepah News, the IRGC said: "We will not hesitate to retaliate vile aggressions against civilian facilities."
It came as tensions rose on Tuesday after U.S. President Donald Trump made a social media post in which he threatened Iran's "whole civilization will die tonight," if they fail to meet the deadline he had set to reach a deal and reopen the Strait of Hormuz, signaling a possible sharp escalation of the U.S.-Israeli war with Iran.
On the same day, the IRGC announced that as part of the 99th wave of its ongoing "Operation True Promise 4," it has launched attacks on more than 30 targets across central, southern, and inland areas of Israel, covering Rishon LeZion and Petah Tikva in Central Israel, Beersheba, Dimona, and Arad in Negev region, and around ten locations in Tel Aviv.
It added that further retaliations would intensify, with Israeli industrial facilities, infrastructure and military bases all identified as potential targets.
The IRGC also said on Tuesday it had carried out strikes on U.S. bases and other targets in the Persian Gulf and the Strait of Hormuz, as well as on military command centers in the occupied Palestinian territories as part of the 99th wave of its operation.
According to the statement, the operations, jointly conducted by the IRGC Navy and Aerospace Force, carried out attacks with ballistic and cruise missiles along with attack drones in response to earlier strikes on petrochemical plants and affiliated facilities in Iran's southern coastal city of Asaluyeh.
The IRGC further claimed it had launched a long-range missile attack against the U.S. Navy's Abraham Lincoln Carrier Strike Group, which is reportedly deployed in the Indian Ocean.
Separately, media reports said a large petrochemical complex in Saudi Arabia's Jubail, which was owned by a U.S. company, was hit by medium-range missiles and drones.
Another container vessel, reportedly linked to Israel and believed to be preparing to transport military equipment from the Khor Fakkan port in the United Arab Emirates, was also said to have been struck.
Iran's IRGC vows "beyond the region" response if US hits civilian targets
