Summary of Key Points Core Viewpoint - On September 10, the total net inflow of cross-border ETFs reached 1.654 billion yuan, with a cumulative net inflow of 12.134 billion yuan over the past five trading days, indicating strong investor interest in these funds [1]. Fund Inflows - A total of 34 cross-border ETFs experienced net inflows on September 10, with the E Fund CSI Hong Kong Securities Investment ETF (513090) leading the inflow, increasing by 17.5 million shares and a net inflow of 407 million yuan [1][3]. - Other notable ETFs with significant inflows include: - Hua Bao CSI Hong Kong Stock Connect Internet ETF (513770) with a net inflow of 276 million yuan [3]. - E Fund Hang Seng Technology (QDII-ETF) (513010) with a net inflow of 170 million yuan [3]. Fund Outflows - On the same day, 17 cross-border ETFs recorded net outflows, with the Huatai-PB Korea Semiconductor ETF (QDII) (513310) showing the largest outflow, decreasing by 22 million shares and a net outflow of 42.67 million yuan [1][4]. - Other ETFs with notable outflows include: - Hua An Hang Seng Stock Connect Technology Theme ETF with a net outflow of 26 million yuan [5]. - Penghua CSI Hong Kong Stock Connect Medical and Health Comprehensive Trading ETF with a net outflow of 11 million yuan [5]. Performance Overview - The performance of the top inflow ETF, E Fund CSI Hong Kong Securities Investment ETF, showed a 1.00% increase, while the top outflow ETF, Huatai-PB Korea Semiconductor ETF, increased by 2.54% despite the outflow [3][5]. - The overall trend indicates a mixed performance among the ETFs, with some gaining traction while others faced withdrawals [1][4].

Core Insights - The total margin balance of ETFs in the two markets reached 109.711 billion yuan, an increase of 610 million yuan from the previous trading day, representing a 0.56% increase [1] - The financing balance of ETFs increased by 1.02% to 102.776 billion yuan, while the margin balance decreased by 4.28 million yuan [1] Group 1: ETF Financing and Margin Balances - The latest margin balance for Shenzhen market ETFs is 33.863 billion yuan, a decrease of 232 million yuan, while the financing balance is 33.023 billion yuan, down by 163 million yuan [1] - The latest margin balance for Shanghai market ETFs is 75.848 billion yuan, an increase of 842 million yuan, with a financing balance of 69.753 billion yuan, up by 1.202 billion yuan [1] Group 2: Notable ETFs by Financing Balance - The ETF with the highest financing balance is Huaan Gold ETF at 7.364 billion yuan, followed by E Fund Gold ETF and Huaxia Hang Seng ETF with financing balances of 6.232 billion yuan and 4.119 billion yuan respectively [2] - The ETFs with the largest increases in financing balance include Wanjia CSI A500 ETF, Digital Economy ETF, and Morgan CSI A500 ETF, with increases of 416.51%, 381.67%, and 243.81% respectively [2][3] Group 3: Net Buying and Selling of ETFs - The top three ETFs by net buying amount are Huaxia Sci-Tech 50 ETF, Huatai-PB CSI 300 ETF, and Southern CSI 1000 ETF, with net buying amounts of 209.148 million yuan, 153.000 million yuan, and 116.493 million yuan respectively [4] - The ETFs with the highest net selling amounts include GF CSI Hong Kong Innovation Drug ETF, Huaan ChiNext 50 ETF, and Huabao ChiNext AI ETF, with net selling amounts of 78.084 million yuan, 74.816 million yuan, and 70.430 million yuan respectively [4] Group 4: Margin Trading Changes - The latest margin balance for Southern CSI 1000 ETF, Southern CSI 500 ETF, and Huaxia CSI 1000 ETF are 2.290 billion yuan, 2.226 billion yuan, and 408 million yuan respectively [5] - The ETFs with the largest increases in margin balance include Guotai CSI All-Share Securities Company ETF, Huabao CSI Bank ETF, and Tianhong CSI Photovoltaic Industry ETF, with increases of 2.912 million yuan, 2.176 million yuan, and 1.879 million yuan respectively [5][6] Group 5: Margin Volume Changes - The highest increase in margin volume is seen in the Photovoltaic 50 ETF, with a 318.09% increase, followed by GF CSI All-Share Information Technology ETF and Tianhong CSI Photovoltaic Industry ETF with increases of 238.36% and 76.59% respectively [6] - The ETFs with the largest decreases in margin volume include Huaxia CSI Sci-Tech Entrepreneurship 50 ETF, Huatai-PB Shanghai Dividend ETF, and Huabao Convertible Bond ETF [6]