23只ETF公告上市，最高仓位69.53%

Core Viewpoint - The Huatai-PineBridge Hang Seng Index Hong Kong Stock Connect ETF is set to be listed on December 15, 2025, with a total trading share of 344 million, and is currently in the accumulation phase with a significant stock investment ratio of 69.53% [1] Group 1: ETF Listing and Investment Composition - The Huatai-PineBridge ETF has a total asset allocation of 14.27% in bank deposits and settlement reserves, while stock investments account for 69.53% of total assets [1] - In the past month, 23 stock ETFs have announced their listings, with an average position of only 19.69%, making the Huatai-PineBridge ETF the highest at 69.53% [1] - Other ETFs with high positions include Morgan Stanley Hang Seng Hong Kong Stock Connect 50 ETF at 54.00%, Bosera National Certificate Industrial Software Theme ETF at 46.74%, and CMB International CSI 800 Free Cash Flow ETF at 44.72% [1] Group 2: Institutional Investor Participation - Among the recently listed ETFs, the average number of shares raised is 483 million, with the top three being the Huatai-PineBridge ETF, the Innovation and Entrepreneurship Artificial Intelligence ETF at 933 million, and the Jiashi CSI Sub-Segmented Chemical Industry Theme ETF at 926 million [2] - The average proportion of shares held by institutional investors is 11.11%, with the highest being the Innovation and Entrepreneurship Artificial Intelligence ETF at 34.43% [2] - ETFs with lower institutional investor holdings include Tianhong National Certificate Hong Kong Stock Connect Technology ETF at 0.59% and E Fund CSI A500 Dividend Low Volatility ETF at 2.91% [2]