Group 1 - The Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index (931000) increased by 0.25% as of May 7, 2025, with notable gains from Huali Group (300979) up 4.64% and Guangdong Hongda (002683) up 4.52% [2] - The Greater Bay Area ETF (512970) rose by 1.02%, marking its third consecutive increase, with the latest price at 1.18 yuan and a total scale reaching 67.06 million yuan, a new high in nearly a month as of May 6 [2] - As of April 30, 2025, the top ten weighted stocks in the Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index accounted for 53.26% of the index, including BYD (002594) and China Ping An (601318) [7] Group 2 - As of the end of 2024, only 46.34% of the market value of listed state-owned enterprises in Shandong Province experienced growth, with only one enterprise exceeding a market value of 100 billion yuan showing an increase [4] - The Shandong State-owned Assets Supervision and Administration Commission signed a memorandum of cooperation with the Shandong Securities Regulatory Bureau to encourage state-owned enterprises to enhance investment value through share buybacks, increased dividends, and other measures [4] Group 3 - The state-owned enterprise co-win ETF (159719) includes various stocks with notable weightings such as China Petroleum (601857) at 15.58% and China Shenhua (601088) at 2.91% [6] - The performance of major stocks in the state-owned enterprise ETF shows slight increases, with China Petroleum up 1.13% and China Mobile (600941) up 0.39% [6]

Group 1 - The National Enterprise Win ETF (159719) has seen a recent increase of 0.54%, with a latest price of 1.49 yuan, and a cumulative increase of 1.58% over the past two weeks as of April 25, 2025 [1][3] - The ETF has a turnover rate of 1.98% and an average daily trading volume of 17.98 million yuan over the past year, indicating strong liquidity [1] - The management fee for the ETF is 0.25% and the custody fee is 0.05%, making it the lowest among comparable funds [1] Group 2 - The State-owned Assets Supervision and Administration Commission (SASAC) emphasized the importance of state-owned enterprises (SOEs) in China's economy during a recent seminar, highlighting the need for theoretical research to address significant practical issues [1] - Analysts from Huafu Securities believe that in 2025, central SOEs may benefit from debt reduction and mergers and acquisitions, as well as from insurance capital entering the market and valuation restructuring opportunities [1] Group 3 - The CSI Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index (931000) has decreased by 0.82%, with mixed performance among constituent stocks [3] - The top-performing stocks include Dazhenglin (603233) with a rise of 5.70% and Gree Electric (000651) with an increase of 3.07%, while the worst performers include Oppein Home (603833) down 5.62% [3] - The Greater Bay Area ETF (512970) has also seen a decline of 0.69%, with a latest price of 1.15 yuan [3] Group 4 - The National Enterprise Win ETF closely tracks the FTSE China National Enterprise Open Win Index, which consists of 100 constituent stocks, including 80 A-share companies and 20 Chinese companies listed in Hong Kong [3] - The top ten constituent stocks of the index are predominantly state-owned enterprises, including China Petroleum, China Petrochemical, and China Construction [3][5]