Xin Lang Cai Jing·2026-02-03 07:12Core Viewpoint - The Penghua Hong Kong Stock Connect Low Volatility Dividend ETF (159117) has experienced a decrease in both share count and total assets since the beginning of the year, indicating a potential shift in investor sentiment towards this fund [1][2]. Fund Overview - The Penghua Hong Kong Stock Connect Low Volatility Dividend ETF (159117) was established on September 30, 2025, with a management fee of 0.30% and a custody fee of 0.10% [1]. - As of February 2, 2025, the fund's latest share count was 89.40 million, with a total asset size of 94.24 million yuan, reflecting a 38.51% decrease in shares and a 36.35% decrease in total assets since December 31, 2025 [1]. Liquidity Analysis - The cumulative trading amount for the ETF over the last 20 trading days reached 174 million yuan, with an average daily trading amount of 8.68 million yuan [1]. Fund Management - The current fund managers are Yan Dong and Yu Zhanchang, both of whom have managed the fund since its inception, achieving a return of 7.68% during their tenure [2]. Top Holdings - The ETF's major holdings include Jiangxi Copper Co. (4.39%), Far East Horizon (3.33%), China Shenhua Energy (3.09%), CNOOC (3.04%), and Hang Lung Properties (2.97%), among others, with specific holding percentages and market values detailed [3].