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]

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][2] ETF Holdings Structure - The average proportion of shares held by institutional investors is 15.39%, with the highest being the Penghua Hong Kong Stock Connect Low Volatility Dividend ETF at 97.57% [2] - Other ETFs with significant institutional holdings include the Fortune Creation Board New Energy ETF at 66.53% and the Jiashi Hang Seng Index Hong Kong Stock Connect ETF at 59.52% [2] - Conversely, the South China CSI Hong Kong Stock Connect 50 ETF, the GF CSI Satellite Industry ETF, and the Chuangjin Hexin CSI State-Owned Enterprises Dividend ETF have low institutional holding ratios of 0.57%, 1.31%, and 2.20% respectively [2]

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].

Market Overview - The Shanghai Composite Index rose by 0.11% to close at 3954.79 points, with a weekly high of 4025.7 points [1] - The Shenzhen Component Index increased by 0.67% to 13378.21 points, reaching a peak of 13700.25 points [1] - The ChiNext Index gained 0.5%, closing at 3187.53 points, with a maximum of 3331.86 points [1] - Global markets saw most major indices rise, with the Nasdaq Composite up 2.24%, the Dow Jones Industrial Average up 0.75%, and the S&P 500 up 0.71% [1] - In the Asia-Pacific region, the Hang Seng Index fell by 0.97%, while the Nikkei 225 Index surged by 6.31% [1] ETF Market Performance - The median weekly return for stock ETFs was 0.23% [2] - The highest weekly return among scale index ETFs was 2.4% for the Jiashi Zhongchuang 400 ETF [2] - The South China CSI New Energy ETF led industry index ETFs with a return of 5.94% [2] - The highest return in strategy index ETFs was 2.37% for the China Southern CSI All-Share Dividend Quality ETF [2] - The Jiashi CSI Battery Theme ETF achieved the highest return among thematic index ETFs at 7.75% [2] ETF Performance Rankings - The top five stock ETFs by weekly return were: - Jiashi CSI Battery Theme ETF (7.75%) - Huatai-PB CSI Battery Theme ETF (7.56%) -招商中证电池主题ETF (7.52%) - 富国中证电池主题ETF (7.51%) - 浦银安盛中证光伏产业ETF (7.04%) [4][5] - The five stock ETFs with the largest declines were: - 国联安上证科创板芯片设计主题ETF (-5.35%) - 华安上证科创板芯片ETF (-5.11%) - 国泰上证科创板芯片ETF (-5.06%) - 博时上证科创板芯片ETF (-5.05%) - 南方上证科创板芯片ETF (-5.05%) [4][5] ETF Liquidity - Average daily trading volume for stock ETFs increased by 13.3%, with average daily trading volume rising by 46.7% and turnover rate increasing by 0.22% [6] ETF Fund Flows - The top five stock ETFs by fund inflow were: - 华泰柏瑞沪深300ETF (inflow of 5.084 billion) - 华夏上证科创板50成份ETF (inflow of 1.647 billion) - 华夏上证50ETF (inflow of 1.535 billion) - 国泰中证全指证券公司ETF (inflow of 1.353 billion) - 嘉实上证科创板芯片ETF (inflow of 959 million) [9] - The five stock ETFs with the largest outflows were: - 鹏华中证酒ETF (outflow of 351 million) - 华安创业板50ETF (outflow of 334 million) - 汇添富中证电池主题ETF (outflow of 284 million) - 南方中证申万有色金属ETF (outflow of 279 million) - 嘉实中证稀土产业ETF (outflow of 256 million) [10] ETF Financing and Margin Trading - The financing balance for stock ETFs increased from 47.486 billion to 49.145 billion, while the margin balance rose from 2.5678 billion to 2.6069 billion [11] ETF Market Size - The total market size for ETFs reached 5699.032 billion, an increase of 6.878 billion from the previous week [15] - Stock ETFs accounted for 3724.471 billion, representing 65.4% of the total ETF market size [15][17] ETF Issuance and Establishment - No new ETFs were issued last week, but eight new ETFs were established, including 天弘国证港股通科技ETF and 摩根恒生港股通50ETF [18] Institutional Insights - 财通证券 is optimistic about the solid-state battery industry, expecting breakthroughs in technology and increased industrialization by 2025 [18] - 中国银河证券 believes traditional lithium battery equipment manufacturers will maintain their advantages in the solid-state battery market, suggesting a focus on developments in equipment and orders [18]