Xin Lang Cai Jing·2025-09-09 02:50Core Viewpoint - The Chinese internet ETF (159607) has shown a positive trend with a 1.12% increase, marking three consecutive days of gains, driven by strong performances from key stocks like Alibaba Health and NetEase [1][3]. Group 1: ETF Performance - The Chinese internet ETF has a recent trading volume of 8.2%, with a total transaction value of 87.37 million yuan [3]. - Over the past year, the average daily trading volume of the ETF is 364 million yuan, and its latest scale has reached 1.031 billion yuan [3]. - The net value of the ETF has increased by 53.64% over the past year, with the highest monthly return since inception being 40.52% [3]. Group 2: Stock Performance - Key stocks within the ETF include Alibaba-W, which rose by 2.91%, and NetEase-S, which increased by 4.01% [4]. - The top ten weighted stocks in the CSI Overseas China Internet 30 Index include Tencent, Alibaba-W, and Xiaomi, collectively accounting for 85.54% of the index [6]. Group 3: Market Conditions - Recent U.S. employment data indicates a significant shortfall in job growth, with only 22,000 jobs added in August, compared to an expected 75,000 [3]. - The U.S. unemployment rate has reached 4.3%, the highest since the end of 2021, leading to a 100% probability of a Federal Reserve rate cut in September [3]. - Factors such as potential Fed rate cuts and adjustments in U.S. Treasury durations may enhance the attractiveness of Asian currencies, particularly the renminbi, to foreign investors in the Hong Kong market [3].