Group 1 - The recent increase in cross-border ETF trading activity has led to significant premiums for popular products, such as the Southern S&P 500 ETF (QDII) and the Huaxia Nasdaq 100 ETF (QDII) [1] - As of November 14, the premium for the Southern S&P 500 ETF (QDII) exceeded 5%, prompting the fund manager to issue a warning about the risks associated with trading at inflated prices [1] - The total scale of cross-border ETFs reached 923.782 billion yuan by November 16, marking a growth of over 117% since the beginning of the year [1] Group 2 - Hong Kong stock ETFs have shown remarkable performance, with several achieving net value growth rates exceeding 50% this year [2] - Five Hong Kong stock ETFs, including the Wanji Zhongzheng Hong Kong Innovation Drug ETF and the Guangfa Zhongzheng Hong Kong Innovation Drug (QDII-ETF), reported net value growth rates above 90% [2] - The investment focus on innovative drugs and technology sectors has been a significant driver of the high net value growth rates for Hong Kong stock ETFs [2]