指数化投资周报:华柏A500ETF规模快速上升,三家申报航空主题ETF-20250708
Shenwan Hongyuan Securities·2025-07-08 10:44
- Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The scale of Huatai-PineBridge CSI A500 ETF has rapidly increased, and its extended securities abbreviation has changed. It has become the leader in the CSI A500 ETF track in terms of scale [1][8]. - Multiple index products are in the process of being established, raised, and declared. There are new offerings of many science and technology innovation bond ETFs, and three companies, including Huatai-PineBridge, have declared aviation-themed ETFs [2][14][23]. - In the recent week, most A-share and US stock ETFs have risen, with the Innovation Drug ETF leading the gains. The CSI Bank ETF has the largest net inflow of funds, while the CSI 300 ETF has the largest net outflow [5][26][43]. 3. Summary According to the Table of Contents 3.1 Huatai-PineBridge CSI A500ETF Scale Rapidly Increases, and the Extended Securities Abbreviation Changes Recently - Huatai-PineBridge CSI A500ETF (563360.OF) has performed well recently. Its scale has rapidly increased from less than 10 billion yuan to about 20 billion yuan in the past month. As of July 6, its scale reached 19.957 billion yuan, surpassing competitors and ranking first in the CSI A500ETF track [1][8]. - Since July 3, 2025, the extended abbreviation of Huatai-PineBridge CSI A500ETF has changed from "CSI A500ETF Fund" to "A500ETF Huatai-PineBridge", which strengthens brand recognition and improves trading convenience [12][13]. 3.2 Index Product Establishment, Raising, and Declaration: Multiple Science and Technology Innovation Bond ETFs are Being Raised and Newly Issued, and Three Companies, Including Huatai-PineBridge, Declare Aviation-Themed ETFs 3.2.1 Product Establishment and Listing Situation - In the recent week, 11 products, such as Southern CSI Hong Kong Stock Connect Technology ETF, have been established; 10 products, such as Penghua CSI All-Share Free Cash Flow ETF, have been listed; and 7 products, such as Qianhai Kaiyuan CSI 500 Equal-Weighted Linked A, have completed fundraising and are about to be established [2][14]. 3.2.2 Product Issuance Information - In the coming week, 24 index products will end their fundraising, including Huatai-PineBridge CSI A500ETF, Huabao Shanghai Stock Exchange STAR Market Artificial Intelligence Linked A, and Fuguo CSI AAA Science and Technology Innovation Corporate Bond ETF. Meanwhile, 28 products will start their fundraising, including Fuguo CSI AAA Science and Technology Innovation Corporate Bond ETF, GF Shanghai Stock Exchange AAA Science and Technology Innovation Corporate Bond ETF, and Boshi Shanghai Stock Exchange AAA Science and Technology Innovation Bond ETF [2][18]. 3.2.3 Product Declaration Information - In the recent week, a total of 17 index products have been declared. The theme products include Huatai-PineBridge CSI General Aviation Themed ETF and Ping An CSI General Aviation Themed ETF; the index enhancement products include Tianhong CSI 500 Quantitative Index Enhancement Securities Investment Fund and Jinyuan Shun'an CSI 800 Index Enhancement Securities Investment Fund; there are also 5 linked products and 2 bond products [23]. 3.3 ETF Market Review: Innovation Drug ETF Leads the Gains - In the recent week, most A-share and US stock ETFs have risen. Among A-share ETFs, ChiNext 50ETF has the highest increase of 1.91%, and MSCI China A50ETF and CSI 300ETF have relatively high increases of 1.72% and 1.64% respectively. Among US stock ETFs, S&P 500ETF has a relatively high increase of 1.63%. All Hong Kong stock ETFs have declined, with Hang Seng Technology ETF and Hang Seng Internet ETF having relatively large declines of -2.54% and -2.43% respectively [26]. - Among commodity ETFs, the gold ETF has a relatively high increase of 1.11% in the recent week, while the energy and chemical ETF has a slight decline. Most industry ETFs have risen in the recent week. All medical ETFs have increased, with the Innovation Drug ETF having the highest increase of 4.74%. Among other sub - industries, the Steel ETF has the leading increase of 5.53%, and the Photovoltaic ETF and Bank ETF have relatively high increases of 4.42% and 3.76% respectively [26][29]. 3.4 ETF Fund Flow: CSI Bank Has the Largest Net Inflow - As of July 4, 2025, there are 1,247 ETFs in the entire market, with a total scale of 4,317.864 billion yuan, an increase of 41.175 billion yuan from the previous week. Among them, A-share ETFs and cross - border ETFs rank first and second in scale, with 3,012.54 billion yuan and 585.014 billion yuan respectively. The scale of A-share ETFs has increased by 14.535 billion yuan in the recent week [41]. - Among non - monetary ETFs, the ETFs targeting the CSI Bank have the largest net inflow of funds, with an inflow of 6.38 billion yuan, while the ETFs targeting the CSI 300 have the largest net outflow of funds, with a total outflow of 11.181 billion yuan [43]. - In the recent week, Huabao CSI Bank ETF and E Fund Shanghai Stock Exchange Benchmark Market - Making Corporate Bond ETF have relatively high fund inflows, with 6.084 billion yuan and 1.982 billion yuan respectively. Haifutong CSI Short - Term Financing ETF has the leading liquidity in the recent week, with an average daily trading volume of 14.2 billion yuan. Southern Shanghai Stock Exchange Benchmark Market - Making Corporate Bond ETF has relatively high liquidity, with an average daily trading volume of 12.652 billion yuan [47].