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Macro US Stocks

STAR Market ETFs Reach 134, Nearly 370B Yuan by Q3

The Shanghai Stock Exchange had 134 ETFs listed on its STAR Market as of the end of the third quarter, with total assets of nearly 370 billion yuan, SSE Chairman Qiu Yong said at the 2026 SSE International Investors Conference. STAR bond ETFs surpassed 200 billion yuan, more than tripling from their launch, he said, as the exchange expands index products including its first multi-asset and convertible bond indices.

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AI take

The standout figure is the bond ETF segment more than tripling from launch, outpacing the broader STAR ETF asset base and signaling that demand on this board is broadening beyond pure equity exposure. That shift matters for issuers and index providers, since the exchange's move into multi-asset and convertible bond indices suggests it is building out the fixed-income and hybrid toolkit rather than just adding equity trackers. Whether bond ETF growth keeps outrunning equity products, and how much of the new index pipeline converts into listed assets, is the open question.

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