摘要
While the media has been caught up in discussing the new short selling and margin trading platforms that debuted in January, Zhang Yujun, president of the Shanghai Stock Exchange, has been focused on a completely different matter. In speech after speech he has mentioned the growth of exchange traded funds （ETFs） -- publicly listed funds that mimic the performance of equity indexes via buying into member companies based on their weightings -- as the most effective way to manage risk in China＇s wealth management sector.
