(Yicai) May 21 -- The market value of exchange traded funds listed on the Shanghai Stock Exchange jumped 57 percent to CNY85.2 billion (USD11.8 billion) so far this year.

The 15 ETF products traded on the SSE have seen their value soar 175 percent since the beginning of last year, according to data. The fund inflow has exceeded CNY31 billion this year alone.

The average annualized return on Shanghai ETFs has reached 7.5 percent this year. Meanwhile, the figure for 30-year treasury bond ETFs was nearly 18 percent.

The scale of HFT CSI Short Term Note ETF traded on the SSE recently exceeded CNY30 billion, becoming China’s largest ETF product.

The scale of 30-year treasury bond ETFs in Shanghai has increased five-fold, with that of newly-listed Bosera SSE 30-Year China Treasury Bond ETF reaching CNY2.1 billion (USD290 million). Two ETFs have more than doubled in value.

In terms of liquidity, the average daily turnover of Shanghai ETFs reached CNY18.71 billion so far this year, up 23 percent from a year ago.

With the continuous improvement of its ecology, the ETF market will see better quality and efficiency in the future, according to industry insiders.

Editor: Futura Costaglione