Third Quarterly Reports Underscore Surging Dominance of Index Funds in China

The third-quarter reports from China's mutual fund industry were fully disclosed by the end of October, revealing a powerful and ongoing trend: the explosive growth of passive investing. Data from Wind Information shows that by the end of September, the total assets under management (AUM) of index mutual fund products in China had surged to nearly 8 trillion yuan, cementing their role as a primary driver of activity in Chinese domestic equity market.