跨境ETF规模首次突破万亿百亿级产品激增至25只

Group 1 - The total scale of cross-border ETFs reached 1,009.8 billion RMB as of January 13, marking the first time it has surpassed the trillion RMB mark [4][5] - The scale of cross-border ETFs increased by 138% from 424.2 billion RMB at the beginning of 2025 to the current level [4][6] - The leading cross-border ETF is the Hong Kong Stock Connect Internet ETF, with a scale of 91.509 billion RMB, followed by the China Universal Hang Seng Technology Index ETF at approximately 53.434 billion RMB [5][6] Group 2 - In less than half a month since the beginning of 2026, the scale of cross-border ETFs has increased by over 60 billion RMB [6] - The majority of cross-border ETFs are focused on Hong Kong stocks, with only a few products targeting the NASDAQ and other markets [6][7] - As of the end of 2025, 95.2% of QDII funds had a net value increase, driven by strong performances in sectors like artificial intelligence and innovative pharmaceuticals [6][7] Group 3 - Premiums and purchase limits are common in the market, with some ETFs showing significant premium rates, such as the Invesco NASDAQ Technology ETF at 19.28% [7] - The limited QDII quota has led to frequent occurrences of premium pricing for products, indicating high investor demand [7] - Several actively managed QDII funds have tightened their subscription channels due to high demand [7] Group 4 - Fund managers remain optimistic about investment opportunities in Hong Kong stocks, viewing them as a bridge for foreign capital into Chinese assets [8][9] - The technology sector in Hong Kong is expected to benefit from advancements in artificial intelligence and related applications [8][9] - For the U.S. market, the impact of AI is expanding beyond technology sectors, with expectations of a 10% growth in earnings per share for the S&P 500 index in 2026 [10]