Group 1 - The core viewpoint of the article highlights the performance of the Hong Kong Stock Connect 50 ETF managed by Southern Fund Management, which saw a slight increase in value and a decrease in shares outstanding [1] - On January 15, the Hong Kong Stock Connect 50 ETF (159126) rose by 0.10% with a trading volume of 18.5585 million yuan [1] - The fund's latest net asset value is calculated to be 198 million yuan, with a total share count of 196 million, reflecting a reduction of 2 million shares on that day and a total decrease of 19 million shares over the past 20 trading days [1] Group 2 - The fund's performance benchmark is the CSI Hong Kong Stock Connect 50 Index, adjusted for valuation exchange rates, with a return of 1.14% since its inception on October 22, 2025, and a return of 4.06% over the past month [1] - The fund is managed by Southern Fund Management Co., Ltd., with fund managers Zhang Qisi and Wang Xin overseeing its operations [1]