ETF周报：首批7只科创创业人工智能ETF近期陆续上市-20251214

Report Industry Investment Rating - No relevant content provided in the report. Core Viewpoints - The report focuses on the performance, scale changes, valuation, margin trading, and fund managers of ETFs in the week from December 8 to December 12, 2025, and provides a list of newly established and upcoming ETFs [58]. Summary by Related Catalogs ETF Performance - Last week, the median weekly return of equity ETFs was 0.20%. Among broad-based ETFs,创业板类 ETF had the highest return with a median increase of 2.76%. Among sector ETFs, technology ETFs had the highest return with a median increase of 1.46%. Among thematic ETFs, chip ETFs had the highest return with a median increase of 2.69% [13][16]. ETF Scale Changes and Net Redemptions/Subscriptions - Last week, equity ETFs had a net redemption of 9.756 billion yuan, but the overall scale increased by 6.732 billion yuan. Among broad-based ETFs, A500ETF had the largest net subscription of 6.635 billion yuan. Among sector ETFs, consumer ETFs had the largest net subscription of 0.5 billion yuan. Among thematic ETFs, dividend ETFs had the largest net subscription of 1.92 billion yuan [2][27][32]. ETF Benchmark Index Valuation - As of last Friday, among broad-based ETFs,创业板类 ETF had relatively low valuation quantiles. Among sector ETFs, consumer and large financial ETFs had relatively moderate valuation quantiles. Among thematic ETFs, wine ETFs had relatively low valuation quantiles [3][43]. ETF Margin Trading - From Monday to Thursday last week, the margin balance of equity ETFs decreased from 46.609 billion yuan to 46.001 billion yuan, and the short-selling volume increased from 2.605 billion shares to 2.65 billion shares. Among the top 10 ETFs with the highest average daily margin purchases and short-selling volumes, science and technology innovation board ETFs and securities ETFs had relatively high average daily margin purchases, while CSI 1000ETF and CSI 300ETF had relatively high average daily short-selling volumes [44][46][50]. ETF Managers - As of last Friday, Huaxia, E Fund, and China Southern Asset Management ranked in the top three in terms of the total scale of listed non-monetary ETFs. This week, five ETFs, including Huabao CSI Hong Kong Stock Connect Medical Theme ETF, Penghua CSI All-Share Food ETF, GF China Industrial Software Theme ETF, Ping An Hang Seng China Central Enterprise Dividend ETF, and E Fund CSI Hong Kong Stock Connect Medical Theme ETF, will be issued [52][55].