For stock trading, rely on Jinlin Analyst Research Reports—authoritative, professional, timely, comprehensive, helping you uncover potential thematic opportunities! Wind data shows that as of September 30, the overall scale of cross-border ETFs shrank by 172 billion yuan this year, with total assets dropping from 930.9 billion yuan at the end of last year to 758.8 billion yuan.

Under the dual pressure of a correction in the Hong Kong tech sector and capital outflows, the scale of multiple Hong Kong Stock Connect tech-themed ETFs fell sharply, while some cross-border ETFs tracking the Nasdaq, S&P 500, and semiconductor themes achieved counter-trend growth.

Looking at individual products, Hong Kong Stock Connect Internet ETF Fortune saw its scale shrink by 46.3 billion yuan during the year, making it the cross-border ETF with the largest scale decline. Among this, net subscription and redemption inflows led to a scale reduction of 17.8 billion yuan, while net value fluctuations further caused a scale shrinkage of 28.4 billion yuan.

Hong Kong Stock Connect Tech 30 ETF ICBC saw its scale shrink by 24.4 billion yuan during the year, and Hong Kong Stock Connect Non-Bank ETF GF shrank by 15.8 billion yuan, also ranking among the top in scale declines. In addition, multiple ETF products under themes such as Hang Seng Tech, Hong Kong Stock Connect Tech, and Hong Kong Stock Connect Internet also experienced varying degrees of scale decline.

Against the backdrop of overall scale shrinkage, some cross-border ETFs still achieved scale growth. China-Korea Semiconductor ETF Huatai-PineBridge grew by 7.6 billion yuan during the year, of which net subscription and redemption inflows contributed 4 billion yuan and net value fluctuations contributed 3.6 billion yuan. Nasdaq ETF GF grew by 5.2 billion yuan during the year, and S&P 500 ETF Southern grew by 8.7 billion yuan during the year. In addition, multiple ETF products tracking the Nasdaq 100 Index also appeared on the scale growth list.