ETF seating reshuffled, funds "shifted" to reshape market ecology.

On June 3rd, E Fund, with a total ETF management scale of 618.19 billion RMB, won the market and took the "head seat" of domestic ETF fund managers. Among the top ten fund managers in terms of ETF management scale, except for E Fund, the latest rankings of ChinaAMC, GF Fund, Bosera Fund, and Huaxia Fund have all increased compared to the beginning of the year. As funding logic shifts from overall market beta allocation to exploring alpha returns in segmented industries, industry insiders believe that the domestic ETF market ecosystem is undergoing a comprehensive reconstruction. In the future, forward-looking layouts in segmented tracks, improving operational efficiency, strengthening product liquidity barriers, building a diversified product matrix, and enhancing institutional customization and investment advisory ecosystems will become important directions for ETF competition.