第二篇2025年"全球视野·下注中国"十大核心ETF的年度表现来了，本次盘点科创芯片ETF(588200)和港股通互联网ETF(159792)。 截至12月26日，格隆汇2025年"全球视野，下注中国"十大核心ETF年内录得28.86%涨幅，大幅跑赢沪深300指数（17.9%）10.96个百分点。 回顾中国股市这一年，半导体国产替代和港股互联网一定是不可忽视的存在，科创芯片ETF(588200)和港股通互联网ETF(159792)2025年分别涨64.32%和 21.73%。 2025年，国内半导体板块的核心驱动力来自顶层政策与资本对"自主可控"的强力支持，产业整合进程明显加快。 一方面是行业整合升级，在工信部等部委政策引导下，半导体行业并购重组趋于活跃。以中微公司筹划收购CMP设备商为代表，龙头公司通过并购进 行"横向拓展"与"补链强链"。另一方面是摩尔线程、华为等公司发布新一代GPU及智算集群，里平头哥的AI芯片参数比肩国际主流产品，这些技术进展有 效提振了市场对国产算力生态的信心。 政策方面，地方政策精准发力，广州、珠海、上海等地相继出台产业新政，通过鼓励国产EDA工具应用、培育RISC-V生态等方式， ...

Market Overview - The A-share market exhibited a fluctuating upward trend from September 8 to September 12, with chip and semiconductor-related ETFs leading the gains, two of which rose over 10% [1][2] - A total of 1,095 ETFs in the market achieved positive returns during the same period, with over 80% of products showing positive performance [2] ETF Performance - The lithium battery ETF (561160) recorded the highest increase of 17.74% since the beginning of September, along with four other battery-related ETFs that saw approximately 17% growth [1][2] - The semiconductor ETFs, particularly the China-Korea Semiconductor ETF, had the highest weekly increase of 10.41%, while several other related ETFs exceeded 8% [2] Fund Flows - The overall ETF market experienced a net inflow of 6.946 billion yuan from September 8 to September 12, with stock-type ETFs being the main contributors to this inflow [3] - The top ten ETFs by net inflow were all stock-type ETFs, with significant contributions from two Hong Kong-related ETFs, each exceeding 3.5 billion yuan in net inflow [3] New Fund Issuance - There has been a noticeable acceleration in the issuance of new funds, with over ten new funds ending their fundraising early in September, some achieving over 1 billion yuan in initial fundraising [4][5] - Several funds, including the Huashang Hong Kong Stock Value Return Mixed Fund, sold out on the first day of issuance, indicating strong market demand [4][5] Market Sentiment - The early closure of multiple new funds is attributed to a market rebound and the fulfillment of fundraising expectations, with fund managers aiming to establish funds quickly to provide investment tools for investors [5] - The current trend shows a batch of funds with short fundraising periods, with many funds setting their fundraising periods to less than ten days [5]