9月15日早盘，港股通创新药震荡上扬。港股通创新药ETF（520880）100%聚焦创新药研发类公司，场 内持续溢价交易，截至发稿成交额超2．3亿元。上周，520880连续5日吸金合计超5.1亿元，多头势力强 劲。 | 分时 多日 1分 · | | | | | | | F9 盘前盘后 露加 九$ 图线 工具 (2 )> | | | | | | | 港股通创新药ETF ① | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0.65 | | | | | 520880[建設通创新的ETF] 10:45 价 0.653 廠庆 0.004[0.62%) 均 ... | | | | ម្រ 1.007. | | 0.653 +0.004 +0.62% | | | | TOANO A | | | | | | | | | | | | 0.6796 | | SSE CNY 10:45:44 交易中 | | | | | T40 / 8 + | | 0.65 ...

Group 1 - The brokerage sector experienced a low opening but rallied, with Guosheng Financial leading gains at 4% and Dongfang Caifu rising over 1% [1] - The 300 billion yuan top-tier brokerage ETF (512000) saw a slight increase of 0.33%, with a trading volume exceeding 400 million yuan within half a day, indicating active trading [1] - Financial data for August revealed a year-on-year decrease of 600 billion yuan in household deposits, while non-bank deposits increased by 550 billion yuan, suggesting a shift towards the stock market [3] Group 2 - The number of new A-share accounts opened in August reached 2.65 million, a 35% increase from July, with average daily trading volume hitting 2.25 trillion yuan, surpassing levels seen in September 2024 and June 2015 [3] - The brokerage sector is expected to benefit from the active market environment, with continuous inflows into the brokerage ETF totaling 1.698 billion yuan over the last five trading days and over 7.6 billion yuan in the past 20 days [3] - Open-source Securities noted that the brokerage sector's valuation remains low, with institutional holdings being relatively low, highlighting the potential for growth driven by trading volume and policy factors [5] Group 3 - Dongwu Securities emphasized that the average valuation of the non-bank financial sector is still low, providing a safety margin, and the transformation of the brokerage industry is likely to create new growth points [5] - The brokerage ETF (512000) has surpassed 33 billion yuan in size, setting a new historical high, with an average daily trading volume of 957 million yuan, making it one of the leading ETFs in A-shares in terms of scale and liquidity [5] - The brokerage ETF passively tracks the CSI All Share Securities Company Index, encompassing 49 listed brokerage stocks, with nearly 60% of its holdings concentrated in the top ten leading brokerages [6]

Core Insights - The consumption of new energy vehicles (NEVs) has officially surpassed traditional fuel vehicles, becoming the dominant force in the domestic automotive market, with a retail penetration rate of 55.2% in August 2025, marking a historical high [1] - The launch of the Jiashi CSI Hong Kong Stock Connect Automotive Industry Theme Fund aims to provide investors with an efficient way to invest in the new energy vehicle sector, particularly in Hong Kong stocks [1] - The Hong Kong Stock Connect Automotive Index, which the fund tracks, includes 50 listed companies involved in the automotive industry, reflecting the overall performance of the sector [1][2] Industry Overview - The Hong Kong Stock Connect Automotive Index covers the entire automotive supply chain, with a significant focus on electric passenger vehicles, which account for 40.7% of the index, and comprehensive passenger vehicles at 17.1%, together exceeding 50% [2] - The index prioritizes larger market capitalization companies, resulting in a high concentration of leading new energy vehicle manufacturers among its top ten constituents, with the top five accounting for approximately 50% of the weight [4] Key Constituents - The top ten constituents of the index include notable companies such as Xpeng Motors (13.92%), BYD (11.13%), and Li Auto (10.59%), indicating a strong representation of new energy vehicle manufacturers [5] Future Outlook - Analysts predict that the automotive sector will experience a comprehensive valuation uplift due to the new cycle of intelligent connected vehicles, with multiple factors such as anti-involution, assisted driving, solid-state batteries, and internationalization driving the new energy sector [6] - The Jiashi CSI Hong Kong Stock Connect Automotive Industry Theme Fund has a low investment threshold of 1 yuan and does not require a stock account, making it easier for investors to access the new energy vehicle market [6]

MACD金叉信号形成，这些股涨势不错！ 责任编辑：石秀珍 SF183 专题：2025金融教育宣传周：保障金融权益 助力美好生活 基金行业在行动 ...

专题：2025金融教育宣传周：保障金融权益 助力美好生活 基金行业在行动 MACD金叉信号形成，这些股涨势不错！ 责任编辑：石秀珍 SF183 ...

Group 1 - The core viewpoint of the news highlights the impact of U.S.-China chip tensions on the performance of the Sci-Tech Innovation Artificial Intelligence ETF (589520), which saw a decline of 1.28% on September 15, despite strong buying interest in the market [1][3] - The U.S. Department of Commerce added 23 Chinese entities, including Fudan Microelectronics, to its Entity List, citing national security concerns, which has implications for the semiconductor industry and China's AI development [3] - China's Ministry of Commerce announced an anti-dumping investigation into U.S. imported simulation chips, indicating a response to U.S. restrictions on advanced chip exports to China [3] Group 2 - The urgency for domestic chip alternatives is increasing due to U.S. restrictions on advanced chip exports and the pressure on domestic computing chips and AI models, suggesting a trend towards independent design and production of high-end AI chips in China [3][4] - The domestic AI model iteration is expected to continue evolving, with capital expenditures in computing likely to experience fluctuations but maintain a long-term expansion trajectory [4] - The Sci-Tech Innovation Artificial Intelligence ETF (589520) and its associated funds are highlighted for three key aspects: policy support for AI development, the importance of self-sufficiency in technology, and the ETF's high volatility and offensive potential due to its concentrated holdings in the semiconductor sector [4][5]

专题：2025金融教育宣传周：保障金融权益 助力美好生活 基金行业在行动 责任编辑：石秀珍 SF183 MACD金叉信号形成，这些股涨势不错！ ...

成份股方面，多只新进股表现惹眼。MIRXES-B大涨6%，荣昌生物、映恩生物-B涨超2%；上周股价狂 飙超205%大牛股药捷安康-B大幅回调，领跌逾12%。此外，权重股多数拉涨，石药集团涨3%，中国生 物制药涨逾1%。 9月8日，港股通创新药ETF（520880）跟踪的恒生港股通创新药精选指数"提纯"修订正式生效，完全剔 除CXO，专注精选创新药研发类公司，晋级成为"不含CXO、100%聚焦创新药研发"的纯正创新药指 数，更加精准地反映我国创新药企的整体表现，在创新药行情启动时有望展现更强进攻性。 港股通创新药ETF（520880）是全市场首只跟踪该指数的ETF产品，最新规模超17亿元，上市以来日均 成交额5．21亿元，在同指数ETF中规模最大、流动性最佳，并且支持日内T+0交易，不受QDII额度限 制，投资更灵活，资金效率更优。场外投资者可以关注港股通创新药ETF（520880）联接基金： 025221。 | | | | | 港股通创新药ETF (520880) 标的指数 "提纯",别除CXO, 100%聚焦创新药研发 | | | | | | --- | --- | --- | --- | --- | -- ...

Group 1 - The Hong Kong stock market opened lower but rebounded, with major tech stocks like Alibaba-W and Bilibili-W seeing significant gains, indicating a positive trend in the tech sector [1] - The Hong Kong Internet ETF (513770) has shown strong performance, rising over 1% and nearing its historical high, with a total of 7 consecutive days of gains [2][4] - The upcoming Federal Reserve interest rate decision is expected to influence global liquidity, potentially benefiting high-growth tech stocks in Hong Kong [4] Group 2 - Alibaba's recent quarterly cloud revenue and capital expenditure exceeded market expectations, suggesting a shift in narrative from food delivery competition to AI, which could aid in valuation recovery for the sector [4] - The Hong Kong Internet ETF has seen significant capital inflow, with a net inflow of 7.9 billion yuan over the last week and a total of 28.26 billion yuan over the past 20 days [4] - The ETF's top holdings include Xiaomi Group-W, Tencent Holdings, Alibaba-W, and Meituan-W, which collectively account for 54.74% of the fund, highlighting the dominance of leading tech firms in the portfolio [6][7] Group 3 - The Hong Kong Internet ETF has surpassed 10 billion yuan in size, achieving a record high, with an average daily trading volume of nearly 600 million yuan [9] - The index that the ETF tracks has outperformed the Hang Seng Tech Index by over 10 percentage points, indicating strong market performance driven by AI [8]

MACD金叉信号形成，这些股涨势不错！ 责任编辑：石秀珍 SF183 专题：2025金融教育宣传周：保障金融权益 助力美好生活 基金行业在行动 ...