Bond ETFs See 12-Day Inflow Streak, August Net Inflow RMB23.8 Billion, Scale Tops RMB900 Billion

Bond exchange-traded funds recorded net inflows for the 12th consecutive trading day, with August net inflows reaching RMB23.827 billion. Scale surpassed RMB900 billion for the first time and hit a record RMB920.553 billion on Monday, as nearly 70% of bond ETFs set new NAV highs. Credit and rate index ETFs led inflows, with E Fund and Haifutong among the top managers. Purchase restrictions diverged amid the rally.