巴克莱的积极动作并非个例。2025年以来，多家国际机构相继表达了对中国资产及本土金融工具的看好，并计划加大配置。Wind（万得）数据统计显 示，外资正持续涌入中国公募产品，例如，瑞士联合银行集团持有中国ETF的数量已在一年内从57只大幅提升至141只。 在此背景下，巴克莱银行这位中国公募基金市场最大的外资机构买家，其持仓已覆盖超200只产品，构建了一个横跨四大洲、涵盖股债商品的庞大投资组 合。从这个角度来说，巴克莱的持仓图谱不仅是一份投资记录，也成为观察全球资本如何借助中国工具配置资产的重要窗口。 此外，巴克莱对中国本土金融工具的运用，也从侧面反映了中国公募基金工具箱的丰富度与实用性正在持续提升。 此次巴西ETF的发行，系境内基金公司首次发行布局南美洲资本市场的ETF。近年来公募基金跨境ETF版图不断延伸，除了美国地区，目前亚太地区已有 日经指数、中韩半导体指数、亚太低碳精选、印度、沙特阿拉伯、泛东南亚科技、新兴亚洲等相关产品，欧洲市场则覆盖了德国、法国等国家。 在中国，投世界 文 |《财经》记者 黄慧玲 编辑 | 郭楠 陆玲 当国内投资者还在热议市场短期波动时，境外机构投资者正在通过中国公募基金布局全球。 ...

Core Viewpoint - As of November 20, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 120.919 billion yuan, showing a decrease of 2.821 billion yuan from the previous trading day [1] Summary by Category ETF Margin Balance - The ETF financing balance is 113.28 billion yuan, down by 2.566 billion yuan from the previous trading day [1] - The ETF margin short balance is 7.639 billion yuan, decreasing by 255 million yuan compared to the previous trading day [1] Net Inflows - On November 20, 276 ETFs experienced net financing inflows, with the Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 ETF leading with a net inflow of 88.5893 million yuan [1] - Other ETFs with significant net inflows include the Huatai-PB Hang Seng Technology ETF, Southern CSI 500 ETF, Huaxia Hang Seng Internet Technology ETF, Huaxia Hang Seng Technology ETF, and the E Fund ChiNext ETF [1]

Core Viewpoint - As of November 14, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.423 billion yuan, showing a decrease of 0.311 billion yuan from the previous trading day [1] Summary by Category ETF Margin Balance - The ETF financing balance is 110.189 billion yuan, down by 0.103 billion yuan from the previous trading day [1] - The ETF margin short balance is 8.234 billion yuan, decreasing by 0.208 billion yuan compared to the previous trading day [1] Net Buy Activity - On November 14, 248 ETFs experienced net financing purchases, with the top net purchase being the Huaxia Hang Seng Internet Technology ETF, which saw a net buy of 0.174 billion yuan [1] - Other ETFs with significant net buy amounts include the E Fund ChiNext ETF, E Fund CSI Overseas Internet ETF, GF CSI Hong Kong Innovative Medicine ETF, GF Shanghai Gold ETF, and Guotai Junan CSI A500 ETF [1]

Core Viewpoint - As of November 7, 2025, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.109 billion yuan, showing a decrease of 2.67 billion yuan from the previous trading day [2] Summary by Category ETF Margin Balance - The ETF financing balance stands at 109.725 billion yuan, down by 2.626 billion yuan from the previous trading day [2] - The ETF short-selling balance is 8.384 billion yuan, decreasing by 0.044 billion yuan from the previous trading day [2] Net Buy Transactions - A total of 216 ETFs recorded net buy transactions in financing [2] - The leading net buy amount is from the Huaxia Hang Seng Internet Technology ETF (code: 513330), with approximately 87.3479 million yuan [2] - Other notable ETFs with significant net buy amounts include: - Penghua Chemical ETF (code: 159870) with about 72.7372 million yuan - Da Cheng Hang Seng Technology ETF (code: 159740) with around 60.0608 million yuan - E Fund China Concept ETF (code: 513050) with approximately 50.2751 million yuan - Huatai-PB Solar ETF (code: 515790) with about 36.4372 million yuan [2]

Core Viewpoint - As of November 7, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.109 billion yuan, showing a decrease of 2.67 billion yuan from the previous trading day [1] Summary by Category ETF Margin Balance - The ETF financing balance is 109.725 billion yuan, down by 2.626 billion yuan from the previous trading day [1] - The ETF margin short balance is 8.384 billion yuan, decreasing by 0.044 billion yuan compared to the previous trading day [1] Net Inflows - On November 7, 216 ETFs experienced net financing inflows, with the top inflow being the Huaxia Hang Seng Internet Technology ETF, which saw a net inflow of 87.3479 million yuan [1] - Other ETFs with significant net inflows include the Penghua CSI Subdivision Chemical Industry Theme ETF, the Da Cheng Hang Seng Technology ETF, the E Fund CSI Overseas Internet ETF, the Huatai-PineBridge CSI Photovoltaic Industry ETF, and the Fortune CSI Hong Kong Stock Connect Internet ETF [1]

Core Viewpoint - As of November 4, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 121.307 billion yuan, showing a decrease of 0.347 billion yuan from the previous trading day [1] Group 1: ETF Financing and Margin Data - The ETF financing balance is 113.006 billion yuan, down by 0.521 billion yuan compared to the previous trading day [1] - The ETF margin short balance is 8.301 billion yuan, which increased by 0.174 billion yuan from the previous trading day [1] Group 2: Net Buy Data - On November 4, 291 ETFs experienced net financing purchases, with the Huatai-PB Hang Seng Technology ETF leading with a net purchase amount of 83.7145 million yuan [1] - Other ETFs with significant net purchase amounts include the Huaxia Hang Seng Technology ETF, Huaxia CSI Robotics ETF, Huitianfu CSI Major Consumption ETF, Huabao CSI Medical ETF, and Huaxia Hang Seng Internet Technology ETF [1]

剔除新成立的基金，公募市场披露存续的300余只QDII基金产品（初始基金口径，下同）2025年9月平均回报率为5.92%。 数据显示，9月份，易方达中证海外互联ETF、华夏恒生互联网科技业ETF、创金合信全球芯片产业A等QDII基金表现居前。 具体来看，9月份，收益率居前的QDII基金大多与互联网科技等资产配置相关。 易方达中证海外互联ETF9月表现位居第一，收益率达到18.78%。华夏恒生互联网科技业ETF、嘉实中证海外中国互联网30ETF等基金表现同样居前。 主动权益型基金方面，创金合信全球芯片产业A收益率达到15.01%，业绩居前。数据显示，创金合信全球芯片产业成立于2023年3月，主要精选全球芯片产 业相关证券。据最新财报显示，2025年二季度末，基金重仓股包括中芯国际、华虹半导体、圣邦股份等。截至9月30日，该基金前9月净值上涨38.74%。 另一方面，天弘越南市场A、广发恒生消费ETF等20余只基金9月净值出现回撤。 易方达基金、华夏基金、创金合信基金等旗下产品9月收益率居前 统计显示，剔除新成立的基金，公募市场披露存续的300余只QDII基金产品2025年9月平均回报率为5.92%。 | 面即修 ...

Core Insights - The total margin balance for ETFs in the Shanghai and Shenzhen markets reached 115.635 billion yuan as of October 13, reflecting an increase of 1.932 billion yuan from the previous trading day [1] Summary by Category ETF Financing - The financing balance for ETFs was 107.991 billion yuan, which is an increase of 1.737 billion yuan compared to the previous trading day [1] ETF Margin Trading - The margin trading balance for ETFs was 7.644 billion yuan, showing an increase of 0.195 billion yuan from the previous trading day [1] Net Inflows - On October 13, 264 ETFs experienced net inflows, with the E Fund ChiNext ETF leading with a net inflow of 263 million yuan [1] - Other ETFs with significant net inflows included E Fund Hong Kong Securities Investment Theme ETF, Huatai-PB Hang Seng Technology ETF, Huaan Gold ETF, and others [1]

Core Insights - In September 2023, 634 out of 680 comparable QDII funds saw an increase in net value, representing a 93.24% success rate, while 46 funds experienced a decline [1] Group 1: Fund Performance - Eleven QDII funds recorded a rise of over 16% in September, with E Fund's China Concept Internet 50 ETF leading at a 17.42% return [2] - The E Fund's China Concept Internet 50 ETF, established on January 4, 2017, achieved a year-to-date return of 50.54% and a cumulative return of 74.38%, with a net value of 1.7438 yuan as of September 30, 2025 [2] - The top ten holdings of the E Fund's China Concept Internet 50 ETF include major companies like Tencent, Alibaba, and Meituan [2] Group 2: Other Notable Funds - The Huaxia Hang Seng Internet Technology ETF recorded a 17.01% increase in September, with a total fund size of 35.531 billion yuan as of the end of Q2 2025 [3] - The Huatai-PineBridge China-Korea Semiconductor ETF, established on November 2, 2022, reported a year-to-date return of 67.94% and a cumulative return of 140.39%, with a net value of 2.4039 yuan [4] - The top ten holdings of the Huatai-PineBridge China-Korea Semiconductor ETF include SK Hynix and Samsung Electronics [5] Group 3: Underperforming Funds - Funds tracking the S&P 500 Healthcare Equal Weight Index and the Hang Seng Consumer Index performed poorly in September, contributing to the decline of some QDII funds [5]

Group 1 - The Hong Kong stock market showed strong performance last week, with the Hang Seng Index surpassing 27,000 points for the first time in nearly four years, driven primarily by the technology sector, which saw a weekly increase of 5.09% in the Hang Seng Tech Index [1] - Significant capital inflows were observed in Hong Kong-related ETFs, with the E Fund Hang Seng Tech ETF receiving over 800 million yuan in net inflows, bringing its total size to 20.45 billion yuan [1] - Other ETFs, such as the GF Hang Seng Tech ETF and the Huaxia Hang Seng Internet Technology ETF, also experienced substantial net inflows exceeding 600 million yuan, indicating strong investor confidence in the Hong Kong tech sector [1] Group 2 - Southbound capital has played a crucial role in the recent recovery of the Hong Kong stock market, with ETFs focused on technology and internet sectors seeing significant net inflows, providing stable liquidity support [2] - Multiple public fund institutions are optimistic about the continuation of the Hong Kong stock market's performance in the second half of the year, citing a stable economic recovery and the potential for more quality companies to list in Hong Kong [3] - The ongoing deepening of the mutual market access mechanism between mainland China and Hong Kong is expected to attract more southbound capital, providing long-term and stable funding support for the market [3] Group 3 - The Hong Kong stock market is positioned as a frontier for the integration of Chinese industries and global capital, attracting international investors due to its stable domestic environment and strong economic resilience [4] - The current global political and economic uncertainties have increased investor interest in assets with higher certainty, making the Hong Kong market an attractive option for international capital [4]