Core Insights - Two stock ETFs have recently announced their listing, with the Huafu CSI All-Share Free Cash Flow ETF having a stock position of 0.00% and the Southern Growth Enterprise Board Artificial Intelligence ETF at 11.96% [1] - In the past month, 27 stock ETFs have announced their listings, with an average position of only 11.26%. The highest position is held by the Bosera National Value ETF at 50.02% [1][2] - Generally, ETFs must meet the position requirements specified in the fund contract before listing, and if the position is low, they will complete their build-up before the official listing [1] Fund Statistics - The average fundraising for the newly announced ETFs in the past month is 513 million shares, with the Southern CSI Free Cash Flow ETF leading at 1.909 billion shares [1] - The institutional investor's average shareholding ratio is 20.62%, with the highest ratios in the Penghua Sci-Tech 50 ETF (79.02%), CICC CSI 300 ETF (66.13%), and Guotai Junan Growth Enterprise Board Medical and Health ETF (54.48%) [2] - The lowest institutional holding ratios are found in the Penghua CSI 800 Free Cash Flow ETF (2.36%), Bosera National Value ETF (3.75%), and Huatai-PineBridge CSI Robot ETF (3.89%) [2]