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ETF业绩跟踪及资金流动周报(2025.09.08-2025.09.12)-20250917
SINOLINK SECURITIES· 2025-09-17 03:30
1. Report Information - Report Title: ETF Performance Tracking and Fund Flow Weekly Report (2025.09.08 - 2025.09.12) - Report Date: September 15, 2025 [1] 2. Core Viewpoints - This week, overseas ETF funds showed an overall outflow trend, with a significant decline compared to the previous two weeks, recording a net outflow of 0.60 billion yuan. Foreign investors' allocation attitude this week was inclined to wait - and - see. The electronics and computer sectors continued to attract attention, but short - term attention should still be paid to changes in overseas risk preferences and the support of domestic policies to confirm future trends [16] 3. Summary by Directory 3.1 Wide - based ETFs - **Fund Inflow/Outflow**: Some wide - based ETFs had significant fund inflows and outflows. For example, Tianhong ChiNext ETF had a fund inflow of 41.60 billion yuan, while Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF had a fund outflow of 41.89 billion yuan [4] - **Performance**: Different wide - based ETFs had varying weekly price changes. For instance, Tianhong ChiNext ETF had a weekly increase of 2.11%, and Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF had a 5.38% increase [4] 3.2 Industry Theme, Smart Beta, and Hong Kong Stock Connect ETFs - **Industry Theme ETFs**: The average weekly price change of industry theme ETFs varied across different sectors. The average weekly price change of some sectors reached up to 5.30%, while others were relatively lower [6] - **Smart Beta ETFs**: The average weekly price change of Smart Beta ETFs also showed differences among sectors such as technology, medicine, and finance. There were also corresponding fund inflows and outflows [10][12] - **Hong Kong Stock Connect ETFs**: The average weekly price change and fund inflow/outflow of Hong Kong Stock Connect ETFs were presented. For example, the average weekly price change of some Hong Kong Stock Connect ETFs was around 3.17% [28] 3.3 Equity ETFs - **Statistics**: The report provided statistics on the number, scale, and trading volume of equity ETFs corresponding to different indices. For example, the funds corresponding to the CSI 300 index had a total scale of 327.41 billion yuan, accounting for 30.28% of the total scale [14] 3.4 Overseas ETFs - **Overall Fund Flow**: Overseas ETFs had a net outflow of 0.60 billion yuan this week. In terms of style indices, CSI 500 and CSI 1000 attracted funds, while the ChiNext Index, SSE 50, CSI A500, and CSI 300 shifted from inflows to outflows, with the CSI 300 being significantly sold off [16] - **Industry - level Allocation**: At the industry level, the electronics and computer sectors received significant additional allocations, while sectors such as automobiles, power equipment, and banks showed net fund outflows [16] - **Individual Stock Allocation**: Some individual stocks like BYD and CATL saw fund withdrawals, while Shenghong Technology was the most - increased stock with an increase of 0.05 billion yuan [16][21]