Institution: Policy Package Eases Pressures and Boosts Sentiment, Real Estate ETF(512200) Rises 0.98% Intraday

NewTimeSpace News: As of 14:40 on January 28, 2026, the CSI All-Cap Real Estate Index (931775) rose 0.62%. Among its constituent stocks, Yingxin Development Co., Ltd. surged 10.06%, Joy City Holdings Co., Ltd. climbed 5.00%, Zhongzhou Holdings Co., Ltd. advanced 4.98%, Binjiang Group Co., Ltd. rose 3.33%, and Xiandao Jidian Co., Ltd. gained 2.94%. The Real Estate ETF (512200) rose 0.98% to a latest price of RMB1.55. Over a longer period, as of January 27, 2026, the ETF has accumulated a 1.19% increase since the start of this month. (The stocks listed above are only index constituents and do not constitute specific recommendations.)

In terms of liquidity, the intraday turnover rate of the Real Estate ETF was 3.67% with a trading volume of RMB207 million. Over the longer term, as of January 27, the average daily turnover of the ETF in the past week reached RMB352 million.

In terms of scale, the Real Estate ETF's scale increased by RMB491 million in the past week, achieving significant growth, with the new scale ranking 1/2 among comparable funds. (Data source: Wind)

In terms of shares, the latest share count of the Real Estate ETF reached 3.655 billion, a one-month high, ranking 1/2 among comparable funds. (Data source: Wind)

Regarding capital inflows, the latest net capital inflow of the Real Estate ETF was RMB88.4196 million. Over the past five trading days, there were capital inflows on four days, with a total "capital absorption" of RMB7.52 billion and an average daily net inflow of RMB1.50 billion. (Data source: Wind)

Data shows that leveraged funds are continuing to increase positions. The latest financing purchase amount of the Real Estate ETF reached RMB18.5437 million, and the latest financing balance stood at RMB94.4842 million. (Data source: Wind)

As of January 27, the net value of the Real Estate ETF has risen 11.24% over the past year. In terms of profitability, as of January 27, 2026, since its establishment, the ETF has achieved a maximum monthly return of 36.69%, the longest consecutive rising period of 4 months with a cumulative increase of 22.47%, and an average yield of 6.87% in rising months. As of January 27, 2026, the annualized return of the Real Estate ETF exceeding the benchmark since its establishment was 1.74%.

In terms of drawdown, as of January 27, 2026, the maximum drawdown of the Real Estate ETF since the beginning of this year was 3.94%, with a relative benchmark drawdown of 0.05%, the smallest among comparable funds. The number of recovery days after the drawdown was 7 days.

In terms of fees, the ETF's management fee rate is 0.50% and the custodian fee rate is 0.10%, the lowest among comparable funds.

In terms of tracking accuracy, as of January 27, 2026, the tracking error of the Real Estate ETF since the beginning of this year was 0.004%, the highest among comparable funds.

The Real Estate ETF closely tracks the CSI All-Cap Real Estate Index. To reflect the overall performance of securities of companies in different industries within the CSI All-Cap Index sample and provide analysis tools for investors, the CSI All-Cap Index sample is classified into 11 primary industries, 35 secondary industries, more than 90 tertiary industries, and over 200 quaternary industries according to the CSI Industry Classification. Then, all securities included in each primary, secondary, tertiary, and quaternary industry are used as samples to compile indices, forming the CSI All-Cap Industry Indices.

Data shows that as of December 31, 2025, the top 10 constituent stocks by weight of the CSI All-Cap Real Estate Index (931775) were Poly Development Holdings Group Co., Ltd., Zhangjiang Hi-Tech Park Development Co., Ltd., Vanke A, China Merchants Shekou Industrial Zone Holdings Co., Ltd., Hainan Airport Group Co., Ltd., Quzhou Development Co., Ltd., Wantong Development Co., Ltd., Seazen Holdings Co., Ltd., Binjiang Group Co., Ltd., and Xiandao Jidian Co., Ltd., with the top 10 stocks accounting for 43.82% of the total weight. (The stocks listed above are only index constituents and do not constitute specific recommendations.)

China Chengxin International stated that the real estate market has recently witnessed a number of important policy adjustments and institutional innovations. The China Securities Regulatory Commission (CSRC) has officially launched the pilot program for commercial real estate REITs, marking a new development stage for China's REITs market. In terms of financing support, "white list" projects can be extended for up to 5 years. This series of policy measures not only strive to alleviate the current liquidity pressure faced by the market but also focus on establishing a long-term mechanism, effectively boosting market confidence and promoting the industry's transformation towards high-quality development.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.