Xin Lang Cai Jing·2025-08-01 02:26Core Viewpoint - The performance of the China Securities Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index and its related ETF shows positive growth trends, indicating potential investment opportunities in the region's market [1][2][3]. Performance Summary - As of August 1, 2025, the index rose by 0.29%, with notable increases in constituent stocks such as Jiejia Weichuang (19.98%) and Shenzhen Sanda A (6.57%) [1]. - The Greater Bay Area ETF (512970) increased by 0.70%, with a recent price of 1.3 yuan, and has shown a cumulative increase of 1.26% over the past two weeks [1]. - Over the past year, the ETF's net value has risen by 27.00%, with a maximum monthly return of 21.99% since its inception [1][2]. Liquidity and Trading Activity - The ETF had a turnover rate of 0.01% during the trading session, with a transaction volume of 5176.00 yuan [1]. - The average daily trading volume over the past year was 256,000 yuan [1]. Risk and Return Metrics - The ETF's Sharpe ratio for the past month was 2.25, indicating strong risk-adjusted returns [2]. - Year-to-date, the ETF has experienced a relative drawdown of 0.43% compared to its benchmark, with a recovery period of 108 days [2]. Tracking Accuracy - The tracking error of the ETF year-to-date is 0.053%, demonstrating its close alignment with the underlying index [3]. - The index reflects the performance of companies benefiting from the development of the Guangdong-Hong Kong-Macao Greater Bay Area, including a selection of up to 50 Hong Kong stocks and 300 companies from the mainland [3]. Top Holdings - As of July 31, 2025, the top ten weighted stocks in the index accounted for 50.37%, with major companies including China Ping An, BYD, and China Merchants Bank [4][6]. - The weightings of the top stocks are as follows: BYD (8.59%), China Ping An (8.55%), and China Merchants Bank (8.14%) [6].