Sou Hu Cai Jing·2025-07-17 11:40Group 1 - Beijing Beichen Industrial Co., Ltd. has experienced a decline for five consecutive trading days, with a cumulative drop of -7.25% [1] - The company was established on April 2, 1997, and was listed on the Hong Kong Stock Exchange in May of the same year [1] - Southern Fund's Southern CSI Real Estate ETF is among the top ten shareholders of Beichen Industrial and has increased its holdings in the first quarter of this year [1] Group 2 - The Southern CSI Real Estate ETF has a year-to-date return of -4.30%, ranking 3345 out of 3424 in its category [1][2] - The ETF's performance over various periods shows a near-term increase of 0.81% over the past week and 2.94% over the past month, but a decline of -4.30% year-to-date [2] - The average performance of similar funds is significantly better, with a year-to-date return of 7.41% [2] Group 3 - The fund manager of the Southern CSI Real Estate ETF is Luo Wenjie, who holds master's degrees in Mathematical Finance and Computer Science from the University of Southern California and the University of California, respectively [3][4] - Luo has extensive experience in quantitative analysis and has held various managerial positions within Southern Fund since joining in September 2008 [3][4] - The total assets managed by Luo Wenjie amount to 122.964 billion yuan, with a cumulative return of 116.13% [4]