Core Viewpoint - The trading volume of the Shanghai Stock Exchange 180 Index ETFs increased significantly today, with a total trading amount of 153 million yuan, representing a week-on-week increase of 60.86 million yuan, or 66.18% [1] Trading Volume Summary - The Huazhong Shanghai 180 ETF (510180) had a trading volume of 94.61 million yuan, an increase of 50.34 million yuan from the previous trading day, with a week-on-week growth of 113.74% [1] - The Shang 180 ETF (530800) recorded a trading volume of 4.96 million yuan, up by 4.72 million yuan from the previous day, marking a week-on-week increase of 1927.86% [1] - The Southern Shanghai 180 ETF (530580) had a trading volume of 18.31 million yuan, an increase of 3.92 million yuan, with a week-on-week growth of 27.23% [1] Market Performance Summary - As of market close, the Shanghai 180 Index (000010) fell by 0.16%, while the average decline of related ETFs tracking the index was 0.12% [1] - The ETFs with the largest declines included the Ping An Shanghai 180 ETF (530280) and the Industrial Bank Shanghai 180 ETF (530680), which fell by 0.33% and 0.17%, respectively [1]

Core Viewpoint - The trading volume of the Shanghai Stock Exchange 180 Index ETFs increased significantly today, with a total trading volume of 193 million yuan, marking a 51.02% increase compared to the previous trading day [1] Trading Volume Summary - The Huazhang Shanghai 180 ETF (510180) had a trading volume of 129 million yuan, an increase of 56.27 million yuan, representing a 77.00% increase from the previous day [1] - The Southern Shanghai 180 ETF (530580) recorded a trading volume of 19.37 million yuan, up by 6.58 million yuan, with a 51.50% increase [1] - The 180 Index (530300) saw a trading volume of 6.98 million yuan, increasing by 2.82 million yuan, which is a 67.71% rise [1] - The Penghua Shanghai 180 ETF (510040) and Huazhang Shanghai 180 ETF (510180) had the highest increases in trading volume, with increases of 139.46% and 77.00% respectively [1] Market Performance Summary - As of market close, the Shanghai 180 Index (000010) fell by 1.22%, while the average decline for related ETFs was 1.07% [1] - The ETFs with the largest declines included the Shanghai 180 ETF (530800) and Huazhang Shanghai 180 ETF (510180), which dropped by 1.34% and 1.20% respectively [1]

Core Viewpoint - The trading volume of the Shanghai Stock Exchange 180 Index ETFs increased significantly today, indicating heightened market activity and investor interest in these funds [1] Trading Volume Summary - The total trading volume of the Shanghai Stock Exchange 180 Index ETFs reached 154 million yuan today, an increase of 48.69 million yuan compared to the previous trading day, representing a growth rate of 46.05% [1] - Specifically, the Huazhang Shanghai 180 ETF (510180) had a trading volume of 112 million yuan, up by 49.21 million yuan from the previous day, with a growth rate of 78.01% [1] - The Tianhong Shanghai 180 ETF (530080) recorded a trading volume of 10.58 million yuan, an increase of 0.51 million yuan, reflecting a growth rate of 92.73% [1] - The Huaxia Shanghai 180 ETF (510670) had a trading volume of 9.63 million yuan, with a slight increase of 0.056 million yuan, resulting in a growth rate of 6.12% [1] Market Performance Summary - As of market close, the Shanghai 180 Index (000010) rose by 0.64%, while the average increase for related ETFs tracking the index was 0.63% [1] - The top performers among the ETFs included the Huaxia Shanghai 180 ETF (510670) and Tianhong Shanghai 180 ETF (530080), which increased by 0.83% and 0.75% respectively [1]

Core Viewpoint - The trading volume of the Shanghai Stock Exchange 180 Index ETFs increased significantly today, with a total trading volume of 176 million yuan, representing a week-on-week increase of 64.14 million yuan or 57.49% [1] Trading Volume Summary - The Huazhong Shanghai 180 ETF (510180) had a trading volume of 121 million yuan, up by 60.89 million yuan or 101.49% from the previous trading day [1] - The Tianhong Shanghai 180 ETF (530080) recorded a trading volume of 10.90 million yuan, an increase of 4.05 million yuan or 59.11% [1] - The E Fund Shanghai 180 ETF (530180) saw a trading volume of 4.79 million yuan, up by 1.80 million yuan or 60.39% [1] - The Penghua Shanghai 180 ETF (510040) had the highest increase in trading volume, rising by 346.96% [1] Market Performance Summary - As of the market close, the Shanghai 180 Index (000010) fell by 0.68%, while the average decline of related ETFs was 0.61% [1] - The ETFs with the largest declines included the Ping An Shanghai 180 ETF (530280) and the Penghua Shanghai 180 ETF (510040), which dropped by 0.82% and 0.76% respectively [1]

Core Insights - Two stock ETFs have announced their listing, with Southern China Securities' Hong Kong Stock Connect Internet ETF holding a stock position of 45.33% and Ping An's China General Aviation Theme ETF holding 18.07% [1] - In the past month, 24 stock ETFs have announced listings, with an average position of 31.87%. The highest position is held by the Chuangjin Hexin China State-Owned Enterprises Dividend ETF at 98.80% [1][2] - The average fundraising for newly announced ETFs in the past month is 409 million shares, with the largest being GF China Satellite Industry ETF at 1.171 billion shares [1][2] ETF Positioning - The average institutional investor holding in these ETFs is 15.63%, with the highest being Penghua Hong Kong Stock Connect Low Volatility Dividend ETF at 97.57% [2] - The lowest institutional holding ratios are seen in Southern China Securities' Hong Kong Stock Connect 50 ETF at 0.57% and GF China Satellite Industry ETF at 1.31% [2] Upcoming Listings - The upcoming listings include Southern China Securities' Hong Kong Stock Connect Internet ETF and Ping An's China General Aviation Theme ETF, both set to list on November 10, 2025 [2][3] - Other ETFs with significant positions include the Bosera Securities Company ETF at 70.09% and the Chuangjin Hexin China State-Owned Enterprises Dividend ETF at 98.80% [1][3]

Core Insights - The trading volume of the Shanghai Stock Exchange 180 Index ETF reached 210 million yuan today, an increase of 95.63 million yuan compared to the previous trading day, representing a growth rate of 83.58% [1] Trading Volume Summary - The Huazhong Shanghai 180 ETF (510180) had a trading volume of 143 million yuan today, up by 74.68 million yuan from the previous day, with a growth rate of 109.13% [1] - The Southern Shanghai 180 ETF (530580) recorded a trading volume of 25.14 million yuan, an increase of 12.22 million yuan, reflecting a growth rate of 94.62% [1] - The 180 Index (530300) saw a trading volume of 6.87 million yuan, up by 5.52 million yuan, with a significant growth rate of 410.26% [1] - The Ping An Shanghai 180 ETF (530280) and the Shang 180 ETF (530800) had the highest increases in trading volume, with growth rates of 6220.16% and 436.42% respectively [1] Market Performance - As of market close, the Shanghai 180 Index (000010) fell by 0.65%, while the average decline for related ETFs tracking the index was 0.61% [1] - The ETFs with the largest declines included the Shang 180 ETF (530800) and the 180 Index (530300), both down by 0.81% [1]

Core Insights - Two stock ETFs have recently announced their listing, with aerospace stocks holding a position of 24.05% and the Xinyuan CSI 800 Dividend Low Volatility ETF at 19.25% [1] - In the past month, 22 stock ETFs have announced their listings, with an average position of only 31.88%. The highest position is held by the Chuangjin Hexin CSI State-Owned Enterprises Dividend ETF at 98.80% [1][2] - The average fundraising for the newly announced ETFs is 421 million shares, with the leading funds being the GF CSI Satellite Industry ETF, the CMB National Index Hong Kong Stock Connect Technology ETF, and the Huaan National Index Hong Kong Stock Connect Consumer Theme ETF, with shares of 1.171 billion, 935 million, and 639 million respectively [1] ETF Positioning - The average institutional investor holding is 15.39%, with the highest proportions in the Penghua Hong Kong Stock Connect Low Dividend ETF (97.57%), the Fortune Creation Board New Energy ETF (66.53%), and the Harvest Hang Seng Index Hong Kong Stock Connect ETF (59.52%) [2] - The lowest institutional holding proportions are found in the Southern CSI Hong Kong Stock Connect 50 ETF (0.57%), the GF CSI Satellite Industry ETF (1.31%), and the Chuangjin Hexin CSI State-Owned Enterprises Dividend ETF (2.20%) [2] Fund Details - The newly listed ETFs include the Aerospace ETF with a position of 24.05%, the Guoshou Anbao CSI A500 Dividend Low Volatility ETF at 0.00%, and the Xinyuan CSI 800 Dividend Low Volatility ETF at 19.25% [2][3] - Other notable ETFs include the CMB National Index Hong Kong Stock Connect Technology ETF with a position of 31.14%, and the Boshi Securities Company ETF at 70.09% [2][3] - The Chuangjin Hexin CSI State-Owned Enterprises Dividend ETF has the highest position at 98.80%, indicating a strong focus on state-owned enterprises [3]

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - In the past week, most of the major broad - based A - share ETFs declined, with the CSI 500ETF slightly rising and the STAR 50ETF falling by 3.17%. US stock ETFs such as the Nasdaq ETF and S&P 500ETF rose by 1.96% and 3.98% respectively. Among commodity ETFs, the soybean meal ETF rose slightly by 2.22%, while the gold ETF continued to decline by 1.52%. In the A - share ETFs, industry ETFs showed mixed performance, with the advanced manufacturing sector rising significantly, especially the photovoltaic ETF with a 6.55% increase. The chemical ETF also had a relatively high increase of 3.93%, while the chip ETF and communication ETF in the technology sector declined significantly by - 4.40% and - 2.47% respectively. The Nikkei 225 index had a high increase of 6.31% among cross - border markets, and related ETFs led in gains. In terms of capital flow, the ETFs targeting AAA sci - tech bonds had the largest net inflow of 7.237 billion yuan, while the ETFs of SGE Gold 9999 had the largest net outflow of 4.41 billion yuan [2][14][17][20][28]. Summary According to the Directory 1. Index Product Establishment, Fund - raising, and Declaration - **Product Establishment and Listing**: In the recent week, 3 products such as Huaxia SSE 180ETF were listed, and 24 products including Guoshou Anbao CSI A500 Dividend Low - Volatility ETF were established. Two Brazilian market investment products, Huaxia Bradesco Brazil IBOVESPA ETF and E Fund Itaú Brazil IBOVESPA ETF, have completed fund - raising and are about to be established [1][4]. - **Product Issuance Information**: In the coming week, 11 index products will end their fund - raising, including Huaxia SSE 180ETF Linked A, CICC CSI All - Share Index Enhanced A, etc. Fifteen products will start fund - raising, such as Boshi CSI Bank ETF, E Fund CSI A500 Dividend Low - Volatility ETF, etc [1][7]. - **Product Declaration Information**: In the recent week, a total of 20 index products were declared. Half of them are theme - based products, including 9 products such as Huabao SSE STAR Market Chip ETF and E Fund SSE STAR Market Chip Design Theme ETF. There is only 1 broad - based product, the Yongying SSE STAR Market 200 Index Securities Investment Fund [1][11]. 2. ETF Market Review - **Overall Asset - Type ETF Performance**: Based on the Merrill Lynch Investment Clock theory, most of the major broad - based A - share ETFs declined in the past week, with the CSI 500ETF slightly rising and the STAR 50ETF falling by 3.17%. US stock ETFs such as the Nasdaq ETF and S&P 500ETF rose by 1.96% and 3.98% respectively. Among commodity ETFs, the soybean meal ETF rose slightly by 2.22%, while the gold ETF continued to decline by 1.52% [14]. - **Industry - Style A - share ETF Performance**: A - share ETFs were further split into different tracks according to industry - style. In the past week, industry ETFs showed mixed performance. The advanced manufacturing sector rose significantly, with the photovoltaic ETF having the highest increase of 6.55%, and the battery ETF and new energy vehicle ETF also rising by 5.80% and 4.86% respectively. The chemical ETF in other sectors rose by 3.93%, while the chip ETF and communication ETF in the technology sector declined significantly by - 4.40% and - 2.47% respectively [17]. - **Cross - border ETF Performance**: In the past week, the major broad - based indices in cross - border markets showed different trends. The Nikkei 225 index had the highest increase of 6.31%. Among the corresponding broad - based ETFs, Huatai - Peregrine CSI KRX Korea - China Semiconductor ETF and ICBC Credit Suisse Daiwa Nikkei 225ETF led in gains [20]. 3. ETF Capital Flow - **Overall Market Scale**: As of October 31, 2025, there were 1346 ETFs in the entire market, with a total scale of 570.383 billion yuan, an increase of 1.0375 billion yuan compared to the previous week. The A - share ETFs and cross - border ETFs ranked first and second in scale, with 370.5652 billion yuan and 91.0674 billion yuan respectively. The scale of A - share ETFs increased by 6.993 billion yuan in the past week [26]. - **Non - monetary ETF Capital Inflow and Outflow**: Among non - monetary ETFs, the ETFs targeting AAA sci - tech bonds had the largest net inflow of 7.237 billion yuan, while the ETFs of SGE Gold 9999 had the largest net outflow of 4.41 billion yuan. Huatai - Peregrine SSE 300ETF and Tianhong CSI AAA Sci - tech Innovation Corporate Bond ETF had relatively high capital inflows of 5.861 billion yuan and 4.465 billion yuan respectively. Haifutong CSI Short - Term Financing ETF led in liquidity, with an average daily trading volume of 38.365 billion yuan in the past week, and E Fund CSI Hong Kong Securities Investment Theme ETF also had high liquidity, with an average daily trading volume of 18.84 billion yuan [28][31].

Core Insights - The Jiashi Hang Seng Index Hong Kong Stock Connect ETF is set to be listed on October 31, 2025, with a total of 287 million shares for trading [1] - As of October 24, 2025, the fund's asset allocation shows 71.78% in bank deposits and settlement reserves, while stock investments account for 28.22% [1] - A total of 13 stock ETFs have announced listings in October, with an average position of only 33.06% [1] Fund Statistics - The Jiashi Hang Seng Index Hong Kong Stock Connect ETF has a fundraising scale of 287 million shares, with a position of 28.22% as of October 24, 2025 [2] - Other notable ETFs include the Guangfa CSI Satellite Industry ETF with 1.171 billion shares and a position of 33.38%, and the Huaxia SSE 180 ETF with 2.28 billion shares and a position of 19.95% [2] - The average fundraising for newly announced ETFs in October is 452 million shares, with the Guangfa CSI Satellite Industry ETF leading in scale [2] Institutional Investor Participation - Institutional investors hold an average of 15.83% of the shares in the newly listed ETFs, with the Jiashi Hang Seng Index Hong Kong Stock Connect ETF having 59.52% held by institutions [2] - The highest institutional ownership is seen in the Penghua Hong Kong Stock Connect Low Volatility Dividend ETF at 97.57% [2] - ETFs with lower institutional ownership include the Guangfa CSI Satellite Industry ETF and the Chuangjin Hexin CSI State-Owned Enterprise Dividend ETF, with ownership at 1.31% and 2.20% respectively [2]

Core Points - The Huaxia SSE 180 ETF is set to be listed on October 29, 2025, with a total of 228 million shares for trading [1] - As of October 22, 2025, the fund's asset allocation shows 80.04% in bank deposits and settlement reserves, while stock investments account for 19.95% [1] - In October, 11 stock ETFs have announced their listings, with an average position of only 34.70% [1] Fund Statistics - The average fundraising for newly announced ETFs in October is 486 million shares, with the largest being the GF Zhongzheng Satellite Industry ETF at 1.171 billion shares [2] - Institutional investors hold an average of 12.88% of the shares across these ETFs, with the highest being the Penghua Hong Kong Stock Connect Low Volatility Dividend ETF at 97.57% [2] - The table of recent ETF launches indicates various fund sizes and their respective asset allocations, with the Huaxia SSE 180 ETF having a 19.95% stock position as of October 22, 2025 [2]