The battle for the size of the core asset FTSE China A50 ETF in China is still ongoing. As of the end of May, the first batch of 10 FTSE China A50 ETFs had a total size of RMB 22,532 million, and the total size of this category of ETFs has grown by 36.34% since their launch on March 12. In terms of product structure, the operating income of RMB 10-30 billion products is respectively RMB 401/1288/60 million.

From the latest ranking, Ping An Fund A50 Index ETF ranks first with a size of RMB 3.765 billion; however, Morgan Fund FTSE China A50 ETF Index Fund is also very close, with a latest size of RMB 3.697 billion, with a difference of only RMB 0.685 billion. The latest size of the Harvest FTSE China A50 ETF is also over RMB 3 billion, reaching RMB 3.238 billion.

From the change in ETF size, although the size of the 10 FTSE China A50 ETF funds has increased or decreased, the overall increase is RMB 6.006 billion.

Among them, the size of the Ping An Fund A50 Index ETF has increased by RMB 1.765 billion since its listing, and the ChinaAMC FTSE China A50 ETF E Fund closely followed, increasing by RMB 1.753 billion since its listing, with the latest size of RMB 2.646 billion. During the period, the Morgan Fund FTSE China A50 ETF Index Fund also increased by RMB 1.705 billion.

However, four FTSE China A50 ETFs have experienced a shrinkage in size. The size of the ChinaAMC Great Wall A50 Index ETF, ICBC Credit Suisse Fund FTSE China A50 ETF Fund, YinHua Fund FTSE China A50 ETF Fund, and Huatai-PineBridge Fund FTSE China A50 ETF Fund respectively shrank by RMB 0.765 billion, RMB 0.395 billion, RMB 0.25 billion and RMB 0.084 billion from their listing.

From the shareholding situation of the FTSE China A50 ETFs, Ping An Fund A50 Index ETF, Morgan Fund FTSE China A50 ETF Index Fund, and Harvest FTSE China A50 ETF Fund are still the "three giants", with the latest shareholding of 3.71 billion shares, 3.65 billion shares, and 3.195 billion shares, respectively.

Although Ping An Fund A50 Index ETF still has a slight advantage, Morgan Fund FTSE China A50 ETF Index Fund closely follows, with a growth rate of 143.7%, showing great growth potential, and may overtake the leader at any time.

It is worth noting that ChinaAMC FTSE China A50 ETF E Fund has a more rapid increase in shareholding, with the latest shareholding of 2.611 billion shares, an increase of 267.38% since its listing, and is a force to be reckoned with.

By observing the fund flow changes of all market ETFs in May, it is clear that funds favor FTSE China A50 ETF. The net inflows of Fuguo Fund FTSE China A50 ETF, Morgan Fund FTSE China A50 ETF Index Fund, Huatai-PineBridge Fund FTSE China A50 ETF, Harvest Fund FTSE China A50 ETF, and ChinaAMC FTSE China A50 ETF E Fund and Ping An Fund A50 Index ETF in May were RMB 0.999 billion, RMB 0.975 billion, RMB 0.961 billion, RMB 0.951 billion, RMB 0.84 billion and RMB 0.674 billion, respectively.

From the annual fund inflow of the FTSE China A50 ETF by the end of May, ChinaAMC FTSE China A50 ETF E Fund received the most with net inflows of RMB 1.752 billion, followed closely by Ping An Fund A50 Index ETF with RMB 1.748 billion, and Morgan Fund FTSE China A50 ETF Index Fund also received RMB 1.686 billion.

Of course, some funds chose to sell FTSE China A50 ETF. The net outflows of ChinaAMC Great Wall A50 Index ETF, ICBC Credit Suisse Fund FTSE China A50 ETF Fund, and YinHua Fund FTSE China A50 ETF Fund were RMB 0.776 billion, RMB 0.403 billion, and RMB 0.181 billion, respectively, this year.

It is worth mentioning that on April 8th, 14 FTSE China A50 ETF-linked funds under public offering of E Fund, ChinaAMC, Fuguo Fund, YinHua Fund, Ping An Fund, Huabao Fund, ICBC Credit Suisse Fund, Huatai-PineBridge Fund, and Harvest Fund were officially launched.

On May 29, the first FTSE China A50 off-exchange index enhanced fund under the management of Puyi Ansheng was concluded, with a first offering size of RMB 932 million. As the benchmark for subscription start date, the fund had the largest fundraising size for equity products that month.

In summarizing, we can see that the FTSE China A50 ETF and other broad-based ETFs are still favored by the market capital, indicating their outstanding investment value for money. In the view of many institutions, current funds have a consistent "aesthetic", focusing on the high-quality leading assets of various industries.