港股通央企红利ETF天弘（159281）现任基金经理为贺雨轩。贺雨轩自2025年8月20日管理（或拟管 理）该基金，任职期内收益2.85%。 最新定期报告显示，港股通央企红利ETF天弘（159281）重仓股包括中远海控、中国神华、中国海洋石 油、中石化炼化工程、中国外运、中国船舶租赁、中国石油股份、中煤能源、中信国际电讯、建设银 行，持仓占比如下。 规模方面，截止2月2日，港股通央企红利ETF天弘（159281）最新份额为3.45亿份，最新规模为3.45亿 元。回顾2025年12月31日，港股通央企红利ETF天弘（159281）份额为3.54亿份，规模为3.50亿元。即 该基金今年以来份额减少2.54%，规模减少1.55%。 流动性方面，截止2月3日，港股通央企红利ETF天弘（159281）近20个交易日累计成交金额9.96亿元， 日均成交金额4979.16万元。 来源：新浪基金∞工作室 2月3日，天弘中证港股通央企红利ETF（159281）收盘涨1.21%，成交额7232.62万元。 港股通央企红利ETF天弘（159281）成立于2025年8月20日，基金全称为天弘中证港股通央企红利交易 型开放式指数证券投 ...

Core Viewpoint - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) experienced significant net redemptions, indicating a trend of outflows from this fund in recent trading days [1][2] Group 1: Fund Performance - On December 23, the ETF faced net redemptions of 999,700 yuan, ranking 33rd out of 202 in cross-border ETF net outflows [1] - Over the past five days, the ETF saw net redemptions totaling 7,904,600 yuan, ranking 26th out of 202 [1] - In the last ten days, net redemptions reached 17,881,800 yuan, placing it 23rd out of 202 [1] - For the past twenty days, the total net redemptions amounted to 42,554,800 yuan, ranking 18th out of 202 [1] Group 2: Fund Details - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF was established on July 23, 2025, with a management fee of 0.50% and a custody fee of 0.10% [1] - As of December 23, the fund's latest size was 665 million yuan, with a total of 66.2 million shares outstanding [1] Group 3: Liquidity and Management - The ETF's cumulative trading volume over the last 20 trading days was 229 million yuan, with an average daily trading amount of 11.44 million yuan [2] - The current fund managers are Liu Tingyu and Cai Leping, with Liu managing since July 23, 2025, achieving a return of 0.51%, while Cai has been managing since November 5, 2025, with a return of -2.26% [2] Group 4: Top Holdings - The ETF's top holdings include COSCO Shipping Holdings (6.08%), China Nonferrous Mining (3.25%), China National Offshore Oil (2.54%), and Agricultural Bank of China (2.29%), among others [2]

Core Viewpoint - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) experienced a decline of 1.59% in its closing price on December 16, with a trading volume of 22.69 million yuan [1]. Group 1: Fund Overview - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF was established on August 20, 2025, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of December 15, the fund had a total of 311 million shares and a total size of 313 million yuan [1]. - The fund's performance benchmark is the CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index return (adjusted for valuation exchange rate) [1]. Group 2: Liquidity and Performance - Over the last 20 trading days, the cumulative trading amount for the fund was 707 million yuan, with an average daily trading amount of 35.33 million yuan [1]. - The current fund manager, He Yuxuan, has managed the fund since its inception, achieving a return of 1.33% during the management period [1]. Group 3: Top Holdings - The fund's top holdings include: - COSCO Shipping Holdings (0.85% holding, 218,000 shares, market value of 2.9175 million yuan) - Orient Overseas International (0.40% holding, 10,500 shares, market value of 1.3717 million yuan) - China Foreign Transport (0.33% holding, 270,000 shares, market value of 1.1396 million yuan) - China National Petroleum (0.32% holding, 162,000 shares, market value of 1.0973 million yuan) - CITIC Bank (0.32% holding, 175,000 shares, market value of 1.1136 million yuan) - CNOOC (0.29% holding, 58,000 shares, market value of 1.0041 million yuan) - China Shenhua Energy (0.29% holding, 30,500 shares, market value of 982,600 yuan) - China People's Insurance Group (0.29% holding, 164,000 shares, market value of 1.0107 million yuan) - China Unicom (0.28% holding, 104,000 shares, market value of 952,800 yuan) - Agricultural Bank of China (0.27% holding, 189,000 shares, market value of 933,900 yuan) [2].

Core Viewpoint - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) experienced net redemptions of 1.0028 million yuan on December 10, ranking 26th out of 200 in cross-border ETF net outflows [1] Group 1: Fund Performance - As of December 10, the latest scale of the Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) is 685 million yuan, down from 689 million yuan the previous day, indicating a net outflow of 0.15% of the previous day's scale [1] - Over the past 5 days, the fund faced net redemptions of 1.004 million yuan, ranking 35th out of 200 in cross-border ETF net outflows [1] - In the last 10 days, the total net redemptions reached 24.6445 million yuan, ranking 17th out of 200 [1] - Over the past 20 days, net redemptions amounted to 30.8908 million yuan, ranking 26th out of 200 [1] Group 2: Fund Management and Holdings - The fund is managed by Liu Tingyu and Cai Leping, with Liu managing since July 23, 2025, achieving a return of 0.97%, while Cai has managed since November 5, 2025, with a return of -1.81% [2] - The latest report indicates that the top holdings of the fund include China COSCO Shipping, China Nonferrous Mining, China National Offshore Oil, and others, with respective holding percentages and market values detailed [2] Group 3: Comparative Analysis - The fund's scale and liquidity are compared with other ETFs tracking the same index, showing that the Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) has a scale of 6.85 billion yuan and a recent average daily trading volume of 0.20 million yuan [2] - Other ETFs in the same category include Huaxia, Wanji, and Tianhong, with varying scales and recent net subscription figures [2]

Core Viewpoint - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) experienced significant net redemptions, indicating a trend of outflows from this fund in recent trading periods [1][2] Fund Performance - As of November 28, the latest scale of the Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) is 719 million yuan, down from 726 million yuan the previous day, reflecting a net outflow of 3.073 million yuan, which is 0.42% of the previous day's scale [1][2] - Over the past five days, the fund faced net redemptions totaling 5.1349 million yuan, ranking 40th out of 198 in the cross-border ETF net outflow list [1] - In the last ten days, net redemptions reached 8.2532 million yuan, ranking 34th out of 198 [1] - Over the past twenty days, the total net redemptions amounted to 34.5768 million yuan, ranking 22nd out of 198 [1] Fund Management and Holdings - The fund is managed by Liu Tingyu and Cai Leping, with Liu managing since July 23, 2025, achieving a return of 2.70%, while Cai has managed since November 5, 2025, with a return of -0.13% [2] - The fund's top holdings include China COSCO Shipping, China Nonferrous Metal Mining, China National Offshore Oil, and others, with the largest holding being China COSCO Shipping at 6.08% of the portfolio [2] Liquidity and Trading Activity - The cumulative trading amount over the last 20 trading days is 506 million yuan, with an average daily trading amount of 25.2772 million yuan [2] - The fund's current share count is 700 million [2] Comparison with Other ETFs - Other ETFs tracking the same index include Huaxia Central State-Owned Enterprises Dividend ETF (513910), Wanji Central State-Owned Enterprises Dividend ETF (159333), and Tianhong Central State-Owned Enterprises Dividend ETF (159281), with varying scales and recent net subscription figures [2]