Xin Lang Cai Jing·2026-02-11 02:44Core Viewpoint - The Hua Bao Hong Kong Stock Connect Hang Seng China (Hong Kong Listed) 30 ETF (520560) has experienced significant net redemptions recently, indicating a potential decline in investor interest and confidence in the fund's performance [1][2]. Group 1: Fund Performance - On February 10, the fund faced a net redemption of 1.8691 million yuan, ranking 46th out of 215 in cross-border ETF net outflows [1]. - The fund's latest scale is 763 million yuan, showing a slight increase from the previous day's scale of 762 million yuan, with a net outflow accounting for 0.25% of the prior day's scale [1]. - Year-to-date, the fund's shares have decreased by 7.71% and its scale has reduced by 6.01% compared to December 31, 2025 [2]. Group 2: Trading Activity - Over the past 20 trading days, the cumulative trading amount for the fund reached 382 million yuan, with an average daily trading amount of 19.1033 million yuan [2]. - In the year-to-date period of 27 trading days, the cumulative trading amount is 590 million yuan, averaging 21.858 million yuan per day [2]. Group 3: Fund Management and Holdings - The current fund managers are Zhang Fang and Jiang Junyang, both managing the fund since its inception on September 24, 2025, with a return of -6.16% during their tenure [3]. - Major holdings in the fund include Tencent Holdings (14.92%), Alibaba-W (13.98%), and China Construction Bank (7.23%), among others, indicating a diversified portfolio focused on key Chinese companies [3].