Core Insights - Two stock ETFs have recently announced their listing, with the latest positions showing that the GF Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF has a stock position of 33.29% and the Guotai Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF has a stock position of 25.82% [1] ETF Listings and Positions - In the past month, a total of 25 stock ETFs have announced their listings, with an average position of only 20.02%. The highest position is held by the CCB Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF at 54.12% [1] - Other ETFs with significant positions include the Huabao CSI All-Share Agriculture, Animal Husbandry, and Fishery ETF at 48.23%, the Huabao Hong Kong Stock Connect Hang Seng China (Hong Kong-listed) 30 ETF at 33.83%, and the E Fund CSI A500 Enhanced Strategy ETF at 33.31% [1] - Conversely, the Penghua CSI Financial Technology Theme ETF, the Dividend Low Volatility ETF Yongying, and the Invesco Hang Seng Hong Kong Stock Connect 50 ETF have positions of 0.00% [1] Fundraising and Shareholder Structure - The average fundraising for the newly announced ETFs in the past month is 543 million shares, with the largest being the Fuguo National Index Robotics Industry ETF at 2.344 billion shares, followed by the Guolian An CSI A500 Dividend Low Volatility ETF at 1.247 billion shares and the Huaan Hang Seng Biotechnology ETF at 918 million shares [1] - Institutional investors hold an average of 9.65% of the shares, with the highest proportions in the Guolian An CSI A500 Dividend Low Volatility ETF (98.93%), CCB Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF (32.48%), and Guotai CSI Hong Kong Stock Connect Automotive Industry Theme ETF (12.45%) [2]

Group 1 - E Fund's Shanghai Stock Exchange 380 ETF is set to be listed on September 30, 2025, with a total of 427 million shares for trading [1] - As of September 23, 2025, the fund's asset allocation shows 84.98% in bank deposits and settlement reserves, while stock investments account for 15.02% [1] - In September, a total of 26 stock ETFs have announced their listings, with an average position of only 24.08% [1] Group 2 - The average fundraising for newly announced ETFs in September is 553 million shares, with the largest being the Fortune National Robot Industry ETF at 2.344 billion shares [2] - Institutional investors hold an average of 9.88% of the shares in these ETFs, with the highest being the Guolian An Zhongzheng A500 Dividend Low Volatility ETF at 98.93% [2] - The lowest institutional holding ratios are seen in the Huaan Growth Enterprise Board Artificial Intelligence ETF and the Penghua Growth Enterprise Comprehensive ETF, at 0.55% and 1.52% respectively [2] Group 3 - The newly established stock ETFs are currently in their building phase, with varying levels of stock positions [3] - The highest stock position among the newly listed ETFs is 69.33% for the E Fund's Shanghai Stock Exchange Science and Technology Innovation Board Enhanced Strategy ETF [3] - The Guolian An Zhongzheng A500 Dividend Low Volatility ETF has a stock position of 0.00%, indicating a complete lack of stock investment at the time of listing [3]

Summary of Key Points Core Viewpoint - The recent announcements of two stock ETFs indicate varying levels of stock positions, with the Huazhong AI ETF at 16.45% and the Huabao Agricultural ETF at 48.23%. The average stock position for newly announced ETFs in September is 24.44% [1][2]. ETF Listings and Positions - A total of 25 stock ETFs have announced listings since September, with the highest stock position being 69.33% for the E-Fonda Shanghai Stock Exchange Sci-Tech Innovation Board Enhanced Strategy ETF [1][2]. - Other ETFs with significant positions include the Jianxin Shanghai Stock Exchange Sci-Tech Innovation Board 200 ETF at 54.12%, and the Huabao Agricultural ETF at 48.23% [1][3]. - Some ETFs, such as the Guolian An Zhongzheng A500 Dividend Low Volatility ETF and the Penghua Sci-Tech Board Semiconductor Materials Equipment Theme ETF, reported a stock position of 0.00% [1][2]. Fundraising and Share Statistics - The average fundraising for newly announced ETFs in September is 558 million shares, with the top three being the Fuguo National Robot Industry ETF at 2.344 billion shares, Guolian An Zhongzheng A500 Dividend Low Volatility ETF at 1.247 billion shares, and Huizhen Shanghai Stock Exchange Sci-Tech Innovation Board AI ETF at 1.089 billion shares [1][2][3]. Institutional Investor Holdings - Institutional investors hold an average of 10.12% of the shares in these ETFs, with the highest being the Guolian An Zhongzheng A500 Dividend Low Volatility ETF at 98.93% [2][3]. - ETFs with lower institutional ownership include the Huazhong AI ETF at 0.55% and the Penghua Comprehensive ETF at 1.52% [2][3].

Group 1 - Three stock ETFs have released listing announcements, with the latest stock positions being 9.97% for the Fuguo Growth Enterprise Software ETF, 12.67% for the Southern National Index Hong Kong Stock Connect Innovative Drug ETF, and 19.81% for the E Fund Shanghai Stock Exchange Science and Technology Innovation Board New Energy ETF [1] - Since September, a total of 19 stock ETFs have announced listings, with an average position of only 23.77%. The highest position is 69.33% for the E Fund Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Enhanced Strategy ETF [1] - The ETFs with the highest positions also include the Jianxin Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF at 54.12%, the Huatai-PB Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF at 47.98%, and the Huatai-PB CSI Financial Technology Theme ETF at 40.87% [1] Group 2 - The average number of shares raised by the ETFs announced since September is 640 million, with the largest being 2.344 billion shares for the Fuguo National Index Robotics Industry ETF [2] - Institutional investors hold an average of 11.20% of the shares, with the highest being 98.93% for the Guolian An CSI A500 Dividend Low Volatility ETF [2] - The ETFs with the lowest institutional ownership include the Penghua Growth Enterprise Comprehensive ETF at 1.52% and the E Fund CSI Financial Technology Theme ETF at 1.70% [2]

Group 1 - The core point of the news is the announcement of the listing of the Guolianan CSI A500 Dividend Low Volatility ETF, which will be listed on September 18, 2025, with a total of 1.247 billion shares [1] - The fund's investment portfolio as of September 11, 2025, shows that 100% of its total assets are in bank deposits and settlement reserves, while stock investments account for 0% [1] - In September, a total of 14 stock ETFs have announced their listings, with an average position of only 25.71%, indicating a generally low investment commitment among newly listed ETFs [1][2] Group 2 - The Guolianan CSI A500 Dividend Low Volatility ETF has the largest listing size among the newly announced ETFs, with 1.247 billion shares, followed by the Huatai-PB SSE STAR 50 ETF with 1.089 billion shares [2] - Institutional investors hold an average of 14.09% of the shares in the newly listed ETFs, with the Guolianan CSI A500 Dividend Low Volatility ETF having a significant institutional ownership of 98.93% [2] - The ETF's low position during the construction period is consistent with the trend observed in other recently established ETFs, which also show low investment levels prior to their official listing [1][3]

Group 1 - Two stock ETFs have released listing announcements, with the ChiNext Composite Index Enhanced ETF having a stock position of 10.24% and the Fortune China Securities Satellite Industry ETF at 24.68% [1] - Since September, a total of 13 stock ETFs have announced listings, with an average position of only 27.68%. The highest position is held by the E Fund Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Enhanced Strategy ETF at 69.33% [1][2] - The ETFs with the highest positions also include the CCB Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF at 54.12%, the Huatai-PB Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF at 47.98%, and the Huatai-PB China Securities Financial Technology Theme ETF at 40.87% [1][2] Group 2 - The average fundraising for the ETFs announced in September is 5.26 billion shares, with the largest being the Huatai-PB Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF at 10.89 billion shares [1][2] - Institutional investors hold an average of 7.56% of the shares, with the highest proportions in the CCB Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF at 32.48%, the Ping An China Securities A500 Dividend Low Volatility ETF at 13.53%, and the Huatai-PB Shanghai Stock Exchange Biotechnology ETF at 10.68% [2]

Core Viewpoint - A total of 11 stock ETFs have announced their listing in September, with varying levels of investment positions, indicating a diverse approach to market entry and investment strategy [1][2]. Group 1: ETF Listings and Investment Positions - The Huazhong Hang Seng Biotechnology ETF will be listed on September 16, 2025, with a total of 918 million shares and a current investment position of 16.67% in stocks [1]. - The average investment position of the newly listed ETFs is 29.54%, with the highest being the E Fund Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Enhanced Strategy ETF at 69.33% [1][2]. - Other ETFs with significant positions include the CCB Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF at 54.12% and the Huitianfu Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF at 40.87% [1]. Group 2: Fund Size and Institutional Ownership - The average number of shares raised by the newly listed ETFs is 552 million, with the largest being the Huitianfu Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF at 1,089 million shares [2]. - Institutional investors hold an average of 8.27% of the shares across these ETFs, with the highest being the CCB Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF at 32.48% [2]. - ETFs with lower institutional ownership include the Penghua Growth Enterprise Board Comprehensive ETF and the E Fund China Securities Financial Technology Theme ETF, with ownership rates of 1.52% and 1.70%, respectively [2].

Group 1 - The core viewpoint is that Jianxin Fund is focusing on opportunities in the Sci-Tech Innovation Board, launching multiple ETFs to cater to diverse investment needs in this sector [1][2] - Since its establishment over six years ago, the Sci-Tech Innovation Board has evolved from a "testing ground" to a "new highland" for innovative industries, with small-cap companies becoming a significant part of the board [1] - As of August 19, there are 364 listed companies on the Sci-Tech Innovation Board with a total market capitalization below 10 billion yuan, accounting for 62% of all listed companies, and these companies have a combined R&D investment of 36 billion yuan for 2024 [1] Group 2 - The Jianxin SSE Sci-Tech Innovation Board 200 ETF will be managed by experienced fund manager Gong Jiajia, who has 12 years of experience in the securities industry and has managed six ETF products [2] - The Jianxin SSE Sci-Tech Innovation Board 200 ETF is part of a broader strategy to provide three flagship index products for investors, addressing various investment demands in the Sci-Tech sector [2] - The Jianxin SSE Sci-Tech Innovation Board 200 ETF focuses on small-cap assets, offering stronger yield elasticity and complementing the other two ETFs that cover the overall market and focus on high-quality, low-valuation companies [2]

Group 1 - The fund "Jianxin Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF" (589823) will be available for subscription from August 11, 2025, to August 22, 2025 [1] - The fund's trading abbreviation will be "K200F" [1] - Jianxin Fund Management is responsible for managing the fund, with Gong Jiajia serving as the fund manager [1] Group 2 - The performance benchmark for the fund is the Shanghai Stock Exchange Science and Technology Innovation Board 200 Index [2]