Core Insights - The Robot ETF (159770) has seen a turnover of 2.3% with a transaction volume of 230 million yuan, while the tracked CSI Robot Index (H30590) rose by 1.12% [1] - The latest scale of the Robot ETF reached 10.034 billion yuan, with a total of 10.144 billion shares, both hitting record highs since inception [1] - The net inflow of funds into the Robot ETF was 2.9539 million yuan, accumulating a total of 364 million yuan over the last 10 trading days [1] Product Highlights - The Robot ETF (159770) closely tracks the CSI Robot Index, providing investors with an efficient tool to invest in the entire robot industry chain [2] - The Tianhong Sci-Tech Index ETF (589860) closely follows the Sci-Tech Index, featuring leading technology companies with strong brand advantages and research capabilities [2] Related Products - The Robot ETF (159770) corresponds to the off-market linked funds (A: 014880; C: 014881) [3] - The Tianhong Sci-Tech Index ETF (589860) corresponds to the off-market linked funds (A: 023721; C: 023722) [4] Hot Events - The Beijing Robot Industry Association is set to be established on December 26, aiming to create a new platform for collaborative development in the industry [5] - The association will focus on policy research, industry data analysis, and organizing industry exchange activities to promote cooperation and market expansion [5] Institutional Views - Dongfang Securities anticipates rapid advancements in humanoid robots in motion control by 2025, with a shift in market focus towards actual production capabilities [7] - Tesla's CEO Elon Musk expects prototype production readiness around February-March 2026, indicating potential investment opportunities in robot mass production around mid-2026 [7]

Group 1 - The Hong Kong Technology ETF (513560) has shown strong performance, with a recent increase of 1.96% and a trading volume of 60.53 million yuan, indicating active market participation [2] - The index it tracks, the CSI Hong Kong Stock Connect Technology Index (931573), has seen significant gains, with notable increases in constituent stocks such as Innovent Biologics (01801) up 16.22% and Zai Lab (09688) up 7.45% [2] - The average daily trading volume of the Hong Kong Technology ETF since the beginning of 2025 is 445 million yuan, reflecting robust trading activity [2] Group 2 - The Hong Kong Technology ETF has reached a new high in scale at 524 million yuan, with a recent increase of 16 million shares over the past week, ranking second among comparable funds [3] - Over the past year, the net value of the Hong Kong Technology ETF has increased by 59.78%, placing it first among comparable funds [3] - The ETF has demonstrated a historical return capability, with a maximum monthly return of 26.15% and an average monthly return of 8.83% [3] Group 3 - The Hong Kong Technology ETF has a management fee of 0.50% and a custody fee of 0.10%, contributing to its overall cost structure [4] - The ETF's tracking error over the past three months is 0.213%, indicating the highest tracking precision among comparable funds [4] - The current price-to-earnings ratio (PE-TTM) of the CSI Hong Kong Stock Connect Technology Index is 21.9, which is below 94.42% of the historical data over the past year, suggesting a low valuation [4] Group 4 - The top ten weighted stocks in the CSI Hong Kong Stock Connect Technology Index account for 71.48% of the index, with major companies including Xiaomi (01810), BYD (01211), and Alibaba (09988) [4] - Investors without stock accounts can access the Hong Kong Technology ETF through linked funds, providing an opportunity to invest in the innovative pharmaceutical sector [6]