Report Investment Rating - No industry investment rating information is provided in the report. Core View - The report presents the market performance of various types of ETFs on June 12, 2025, including stock ETFs, bond ETFs, gold ETFs, commodity futures ETFs, cross - border ETFs, and money ETFs, along with the overall A - share market situation [2][3][4][12][15][17][19] Summary by Directory Market Overview - The Shanghai Composite Index rose 0.01% to 3402.66 points, the Shenzhen Component Index fell 0.11% to 10234.33 points, and the ChiNext Index rose 0.26% to 2067.15 points. The total trading volume of A - shares in the two markets was 13038 billion yuan. The top - rising industries were non - ferrous metals (1.40%), media (1.33%), and beauty care (1.31%), while the top - falling industries were household appliances (-1.77%), coal (-1.14%), and food and beverages (-1.13%) [2][6] Stock ETF - The top - trading - volume stock ETFs included Huaxia CSI A500 ETF (up 0.11%, discount rate 0.02%),嘉实 CSI A500 ETF (up 0.10%, discount rate 0.06%), and Huatai - Peregrine SSE 300 ETF (up 0.05%, discount rate 0.03%) [3][7] - Detailed data of the top ten trading - volume stock ETFs are presented in Chart 1, including price, change rate, tracking index, and other information [8] Bond ETF - The top - trading - volume bond ETFs were Haifutong SSE Benchmark Market - making Corporate Bond ETF (up 0.06%, discount rate 0.07%), Huaxia SSE Benchmark Market - making Corporate Bond ETF (up 0.05%, discount rate 0.11%), and Southern SSE Benchmark Market - making Corporate Bond ETF (up 0.04%, discount rate 0.07%) [4][9] - Detailed data of the top five trading - volume bond ETFs are shown in Chart 2 [10] Gold ETF - Gold AU9999 rose 0.76% and Shanghai Gold rose 0.90%. The top - trading - volume gold ETFs were Huaan Gold ETF (up 0.93%, discount rate 0.92%), Boshi Gold ETF (up 0.97%, discount rate 0.95%), and E Fund Gold ETF (up 0.91%, discount rate 0.90%) [12] - Detailed data of the top five trading - volume gold ETFs are provided in Chart 3 [13] Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF rose 0.15% with a discount rate of 0.39%, Dacheng Non - ferrous Metals Futures ETF fell 0.53% with a discount rate of - 0.38%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.15% with a discount rate of 0.26% [15] - Detailed data of commodity futures ETFs are presented in Chart 4 [16] Cross - border ETF - The previous trading day saw the Dow Jones Industrial Average fall 0.00%, the Nasdaq fall 0.50%, the S&P 500 fall 0.27%, and the German DAX fall 0.16%. On this day, the Hang Seng Index fell 1.36% and the Hang Seng China Enterprises Index fell 1.53%. The top - trading - volume cross - border ETFs were GF CSI Hong Kong Innovative Drug ETF (up 4.97%, discount rate 5.46%), E Fund CSI Hong Kong Securities Investment Theme ETF (up 0.18%, discount rate - 0.14%), and Huitianfu SZSE - HK Connect Innovative Drug ETF (up 5.57%, discount rate 6.02%) [17] - Detailed data of the top five trading - volume cross - border ETFs are shown in Chart 5 [18] Money ETF - The top - trading - volume money ETFs were Yin Hua Ri Li ETF, Hua Bao Tian Yi ETF, and Money ETF Jian Xin Tian Yi [19] - Detailed data of the top three trading - volume money ETFs are provided in Chart 6 [21]

Report Overview - The report is an ETF daily report on June 10, 2025, covering market conditions and performance of various ETFs [2][6] Market Conditions - The Shanghai Composite Index fell 0.44% to 3384.82 points, the Shenzhen Component Index dropped 0.86% to 10162.18 points, and the ChiNext Index declined 1.17% to 2037.27 points. The total trading volume of A - shares in the two markets was 14516 billion yuan [2][6] - The top - performing sectors were beauty care (1.10%), banking (0.48%), and pharmaceutical biology (0.33%), while the worst - performing sectors were national defense and military industry (-1.97%), computer (-1.87%), and electronics (-1.65%) [2][6] Stock ETFs - Among the stock ETFs with high trading volume, Huatai - Peregrine CSI 300 ETF fell 0.58% with a premium rate of -0.55%, Harvest CSI A500 ETF dropped 0.72% with a premium rate of -0.72%, and China AMC SSE STAR Market 50 ETF declined 1.99% with a premium rate of -1.52% [3][7] Bond ETFs - The bond ETFs with high trading volume included Haitong CSI Short - Term Financing Bond ETF (up 0.00%, premium rate -0.00%), Haitong SSE Benchmark Market - Making Corporate Bond ETF (up 0.06%, premium rate 0.07%), and Fullgoal China Bond 7 - 10 - Year Policy Financial Bond ETF (down 0.03%, premium rate -0.04%) [4][9] Gold ETFs - Gold AU9999 rose 0.05% and Shanghai Gold rose 0.18%. Among the gold ETFs with high trading volume, Huaan Gold ETF rose 0.07% with a premium rate of -0.01%, Bosera Gold ETF rose 0.15% with a premium rate of 0.06%, and E Fund Gold ETF rose 0.12% with a premium rate of 0.03% [12] Commodity Futures ETFs - Huaxia Feed Soybean Meal Futures ETF rose 0.36% with a premium rate of 0.80%, CCB Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.08% with a premium rate of -0.12%, and Dacheng Non - Ferrous Metals Futures ETF fell 0.12% with a premium rate of 0.04% [15] Cross - Border ETFs - The previous trading day, the Dow Jones Industrial Average fell 0.00%, the Nasdaq Composite rose 0.31%, the S&P 500 rose 0.09%, and the German DAX fell 0.54%. On this day, the Hang Seng Index fell 0.08% and the Hang Seng China Enterprises Index dropped 0.15%. Among the cross - border ETFs with high trading volume, GF CSI Hong Kong Innovative Drugs ETF rose 3.45% with a premium rate of 2.61%, Huatai - Peregrine CSI Hong Kong Innovative Drugs ETF rose 3.69% with a premium rate of 3.08%, and Bosera Hang Seng Healthcare ETF rose 2.67% with a premium rate of 1.66% [17] Currency ETFs - The currency ETFs with high trading volume were YinHua RiLi ETF, HuaBao TianYi ETF, and JianXin TianYi Currency ETF [19]

Report Industry Investment Rating - No relevant content provided Core View of the Report - On June 9, 2025, the A-share market showed an overall upward trend, with the Shanghai Composite Index rising 0.43%, the Shenzhen Component Index rising 0.65%, and the ChiNext Index rising 1.07%. The trading volume of the two markets reached 1312.8 billion yuan. The sectors with the highest gains were Medicine and Biology (2.30%), Agriculture, Forestry, Animal Husbandry and Fishery (1.72%), and Textile and Apparel (1.61%), while the sector with the largest decline was Food and Beverage (-0.43%) [2][6] Summary by Relevant Catalogs Market Overview - The Shanghai Composite Index closed at 3399.77 points, up 0.43%; the Shenzhen Component Index closed at 10250.14 points, up 0.65%; the ChiNext Index closed at 2061.29 points, up 1.07%. The trading volume of the two A-share markets was 1312.8 billion yuan. The sectors with the highest gains were Medicine and Biology (2.30%), Agriculture, Forestry, Animal Husbandry and Fishery (1.72%), and Textile and Apparel (1.61%), while the sector with the largest decline was Food and Beverage (-0.43%) [2][6] Stock ETF - The top three stock ETFs in terms of trading volume were Huaxia CSI A500 ETF (up 0.32%, discount rate 0.34%), Harvest CSI A500 ETF (up 0.41%, discount rate 0.39%), and Huatai-PineBridge CSI 300 ETF (up 0.23%, discount rate 0.32%) [3][7] Bond ETF - The top three bond ETFs in terms of trading volume were E Fund Shanghai Stock Exchange Benchmark Market-Making Corporate Bond ETF (down 0.00%, discount rate 0.11%), Southern Shanghai Stock Exchange Benchmark Market-Making Corporate Bond ETF (down 0.00%, discount rate 0.11%), and Bosera Shenzhen Stock Exchange Benchmark Market-Making Credit Bond ETF (down 0.02%, discount rate 0.09%) [4][9] Gold ETF - Gold AU9999 fell 0.97%, and Shanghai Gold fell 1.11%. The top three gold ETFs in terms of trading volume were Huaan Gold ETF (down 1.08%, discount rate -1.06%), E Fund Gold ETF (down 1.07%, discount rate -1.07%), and Bosera Gold ETF (down 1.07%, discount rate -1.07%) [12] Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF rose 0.26%, with a discount rate of 1.11%; China Construction Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.08%, with a discount rate of -0.25%; Dacheng Nonferrous Metals Futures ETF had a change of 0.00%, with a discount rate of 0.00% [15] Cross-Border ETF - The previous trading day, the Dow Jones Industrial Average rose 1.05%, the Nasdaq Composite rose 1.20%, and the S&P 500 rose 1.03%, while the German DAX fell 0.08%. On June 9, the Hang Seng Index rose 1.63%, and the Hang Seng China Enterprises Index rose 1.74%. The top three cross-border ETFs in terms of trading volume were GF CSI Hong Kong Innovative Drug ETF (up 4.72%, discount rate 4.42%), E Fund CSI Hong Kong Securities Investment Theme ETF (up 2.48%, discount rate 2.44%), and Huatai-PineBridge CSOP Hang Seng Tech ETF (up 2.41%, discount rate 2.65%) [17] Money ETF - The top three money ETFs in terms of trading volume were Yin Hua Ri Li ETF, Hua Bao Tian Yi ETF, and Money ETF Jian Xin Tian Yi [19]

| 2025年06月09日 一周市场回顾 | 证券研究报告-一周市场回顾 | | | --- | --- | --- | | 一周市场回顾 (2025.06.03-2025.06.06) | | | | | 分析师:马遥识途 资格证书:S1330524050001 | | | | 联系邮箱:mayst@hxzb.cn | | | | 联系电话:15201282186 | | | | 相关研究 | | | | 一周市场回顾 (2025.05.26- | | | | 2025.05.30) | | | A 股市场: | 2025.06.03 | | | | 一周市场回顾 (2025.05.06- | | | l 本周 A 股上证指数上涨 1.13%,收于 3385.36点,深证成指上涨 | 2025.05.09) | | | 1.42%.收于 10183.70点,创业板指上涨 2.32%.收于 2039.44点。 | 2025.05.12 | | | | 一周市场回顾 (2025.04.28 - | | | 价值风格类板块代表指数上证 50、中证 100、沪深 300 分别上涨 | 2025.04.30) | | ...

Market Performance - The Shanghai Composite Index rose by 1.13%, closing at 3385.36 points[5] - The Shenzhen Component Index increased by 1.42%, closing at 10183.70 points[5] - The ChiNext Index saw a growth of 2.32%, ending at 2039.44 points[5] Sector Performance - The top-performing sectors included Communication (5.27%), Non-ferrous Metals (3.74%), and Electronics (3.60%)[12] - The sectors with the largest declines were Household Appliances (-1.79%), Food & Beverage (-1.06%), and Transportation (-0.54%) [12] Trading Volume and Margin Data - The average daily trading volume for A-shares was 12089 billion CNY, an increase of 10.51% from the previous week[13] - The total margin trading balance reached 18085.96 billion CNY, up by 0.42% week-on-week[15] - Margin trading balance accounted for 2.26% of the A-share market capitalization, a decrease of 0.94% from the previous week[15] Margin Trading Activity - The total margin trading volume for the week was 4064.11 billion CNY, down by 9.60% from the previous week[16] - Margin trading volume represented 8.40% of the total A-share trading volume, an increase of 2.26% from the previous week[16] Industry Margin Trading Trends - The top five industries by margin trading balance were Electronics (1816.53 billion CNY), Non-bank Financials (1490.97 billion CNY), and Pharmaceuticals (1233.08 billion CNY)[22] - The highest net buying amounts were seen in Pharmaceuticals (26.14 billion CNY) and Automotive (14.44 billion CNY) for the week[26]

Report Industry Investment Rating - No relevant content provided Core Viewpoints - On June 6, 2025, the Shanghai Composite Index rose 0.04% to 3385.36 points, the Shenzhen Component Index fell 0.19% to 10183.70 points, and the ChiNext Index fell 0.45% to 2039.44 points. The total trading volume of A-shares in the two markets was 1.1773 trillion yuan. The top-performing sectors were non-ferrous metals (1.16%), communication (1.00%), and petroleum and petrochemicals (0.88%), while the worst-performing sectors were beauty care (-1.70%), textile and apparel (-1.18%), and food and beverages (-0.92%) [2][6] Summary by Directory Market Overview - The Shanghai Composite Index rose 0.04% to 3385.36 points, the Shenzhen Component Index fell 0.19% to 10183.70 points, and the ChiNext Index fell 0.45% to 2039.44 points. The total trading volume of A-shares in the two markets was 1.1773 trillion yuan. The top-performing sectors were non-ferrous metals (1.16%), communication (1.00%), and petroleum and petrochemicals (0.88%), while the worst-performing sectors were beauty care (-1.70%), textile and apparel (-1.18%), and food and beverages (-0.92%) [2][6] Stock ETF - The top-traded stock ETFs were Harvest CSI A500 ETF (up 0.10% with a discount rate of -0.05%), ChinaAMC CSI A500 ETF (up 0.11% with a discount rate of -0.01%), and Guotai CSI A500 ETF (up 0.11% with a discount rate of 0.00%) [3][7] Bond ETF - The top-traded bond ETFs were Haifutong CSI Short-term Bond ETF (up 0.01% with a discount rate of 0.01%), Haifutong Shanghai Benchmark Market-making Corporate Bond ETF (up 0.05% with a discount rate of 0.11%), and Southern Shanghai Benchmark Market-making Corporate Bond ETF (up 0.08% with a discount rate of 0.14%) [4][9] Gold ETF - Gold AU9999 fell 0.18% and Shanghai Gold fell 0.06%. The top-traded gold ETFs were Huaan Gold ETF (down 0.03% with a discount rate of -0.14%), E Fund Gold ETF (down 0.07% with a discount rate of -0.18%), and Bosera Gold ETF (down 0.05% with a discount rate of -0.18%) [12] Commodity Futures ETF - Harvest Feed Soybean Meal Futures ETF rose 1.77% with a discount rate of 2.12%, Dacheng Non-ferrous Metals Futures ETF rose 0.60% with a discount rate of 0.68%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.47% with a discount rate of 0.55% [15] Cross-border ETF - The previous trading day, the Dow Jones Industrial Average fell 0.25%, the Nasdaq Composite fell 0.83%, the S&P 500 fell 0.53%, and the German DAX rose 0.19%. On this day, the Hang Seng Index fell 0.48% and the Hang Seng China Enterprises Index fell 0.63%. The top-traded cross-border ETFs were GF CSI Hong Kong Innovative Drug ETF (up 2.27% with a discount rate of 1.85%), ChinaAMC Hang Seng Tech ETF (down 0.14% with a discount rate of -0.69%), and Huatai-PineBridge Southern Hang Seng Tech ETF (down 0.14% with a discount rate of -0.78%) [17] Money ETF - The top-traded money ETFs were Yin Hua Ri Li ETF, Hua Bao Tian Yi ETF, and Money ETF Jian Xin Tian Yi [19]

Report Overview - The report provides a daily overview of the ETF market on June 4, 2025, covering market conditions, stock ETFs, bond ETFs, gold ETFs, commodity futures ETFs, cross - border ETFs, and money ETFs [2][3][4] Market Conditions - The Shanghai Composite Index rose 0.42% to 3376.20 points, the Shenzhen Component Index rose 0.87% to 10144.58 points, and the ChiNext Index rose 1.11% to 2024.93 points, with a trading volume of 11774 billion yuan for A - shares in both markets [2][6] - The top - performing sectors were beauty & care (2.63%), comprehensive (2.53%), and textile & apparel (2.41%), while the worst - performing sectors were transportation (-0.58%), national defense & military industry (-0.24%), and public utilities (-0.12%) [2][6] Stock ETFs - The top - traded stock ETFs were嘉实中证A500ETF (up 0.42% with a discount rate of 0.38%),华夏中证A500ETF (up 0.54% with a discount rate of 0.41%), and国泰中证A500ETF (up 0.43% with a discount rate of 0.42%) [3][7] Bond ETFs - The top - traded bond ETFs were富国中债7 - 10年政策性金融债ETF (up 0.05% with a discount rate of 0.03%),南方上证基准做市公司债ETF (up 0.04% with a discount rate of 0.04%), and海富通中证短融ETF (unchanged with a discount rate of 0.01%) [4][9] Gold ETFs - Gold AU9999 rose 0.12% and Shanghai Gold rose 0.01%. The top - traded gold ETFs were华安黄金ETF (down 0.05% with a discount rate of 0.10%),易方达黄金ETF (down 0.04% with a discount rate of 0.09%), and博时黄金ETF (down 0.05% with a discount rate of 0.11%) [12] Commodity Futures ETFs -华夏饲料豆粕期货ETF rose 0.05% with a discount rate of 0.34%,大成有色金属期货ETF rose 1.15% with a discount rate of 0.73%, and建信易盛郑商所能源化工期货ETF rose 1.33% with a discount rate of 0.80% [15] Cross - border ETFs - The previous trading day, the Dow Jones Industrial Average rose 0.51%, the Nasdaq rose 0.81%, the S&P 500 rose 0.58%, and the German DAX rose 0.67%. On June 4, the Hang Seng Index rose 0.60% and the Hang Seng China Enterprises Index rose 0.67% [17] - The top - traded cross - border ETFs were广发中证香港创新药ETF (up 3.69% with a discount rate of 3.55%),易方达中证香港证券投资主题ETF (up 2.18% with a discount rate of 2.27%), and华夏恒生科技ETF (up 0.71% with a discount rate of 0.21%) [17] Money ETFs - The top - traded money ETFs were银华日利ETF,华宝添益ETF, and货币ETF建信添益 [19]

ETF 日报 2025.06.03 市场概况： 今日 A 股上证综指上涨 0.43%，收于 3361.98 点，深证成指上涨 0.16%，收于 10057.17 点，创业板指上涨 0.48%，收于 2002.70 点， 两市 A 股成交金额为 11640 亿元。涨幅靠前的行业有：美容护理 （3.86%）、纺织服饰（2.53%）、综合（2.02%），跌幅靠前的行业有： 家用电器（-2.10%）、钢铁（-1.37%）、煤炭（-0.84%）。 股票 ETF： 今日成交金额靠前的股票 ETF 为：华夏中证 A500ETF 下跌 0.11%， 贴水率为 0.05%；嘉实中证 A500ETF 下跌 0.31%，贴水率为 0.15%； 华泰柏瑞沪深 300ETF 下跌 0.05%，贴水率为 0.31%。 债券 ETF： 今日成交金额靠前的债券 ETF 为：南方上证基准做市公司债 ETF 下跌 0.02%，贴水率为 0.05%；富国中债 7-10 年政策性金融债 ETF 上涨 0.01%，贴水率为-0.05%；海富通中证短融 ETF 上涨 0.01%， 贴水率为 0.02%。 2025 年 06 月 03 日 ETF 日报 ...

Market Performance - The Shanghai Composite Index decreased by 0.03%, closing at 3347.49 points[5] - The Shenzhen Component Index fell by 0.91%, ending at 10040.63 points[5] - The ChiNext Index dropped by 1.40%, closing at 1993.19 points[5] Sector Performance - The top-performing sectors included Environmental Protection (up 3.42%), Pharmaceuticals (up 2.21%), and National Defense (up 2.13%) [13] - The worst-performing sectors were Automotive (down 4.11%), Electric Equipment (down 2.44%), and Non-ferrous Metals (down 2.40%) [13] Trading Volume and Margin Data - The average daily trading volume for A-shares was 10939 billion CNY, a decrease of 6.77% from the previous week[14] - The total margin balance in the market was 18009.47 billion CNY, a slight decrease of 0.02% from the previous week[16] - Margin balance accounted for 2.28% of the A-share market capitalization, an increase of 0.07% from the previous week[16] Margin Trading Activity - The total margin trading volume for the week was 4495.65 billion CNY, down 6.61% from the previous week[17] - Margin trading volume represented 8.22% of the total A-share trading volume, an increase of 0.17% from the previous week[17] Industry Margin Changes - The top five industries with increased margin balances were Machinery (1.859 billion CNY), Utilities (0.964 billion CNY), and Chemicals (0.794 billion CNY) [23] - The top five industries with decreased margin balances included Electronics (-1.669 billion CNY), Communications (-1.189 billion CNY), and Non-bank Financials (-0.889 billion CNY) [23]

Market Overview - The Shanghai Composite Index fell 0.47% to close at 3347.49 points, the Shenzhen Component Index dropped 0.85% to 10040.63 points, and the ChiNext Index declined 0.96% to 1993.19 points. The total trading volume of A-shares in the two markets was 1164.2 billion yuan. The top-performing sectors were agriculture, forestry, animal husbandry, and fishery (1.20%), banking (0.64%), and pharmaceutical biology (0.37%), while the worst-performing sectors were automobiles (-1.91%), comprehensive (-1.87%), and electronics (-1.85%) [2][6] Stock ETF - The top-traded stock ETFs today were Huaxia CSI A500 ETF, which fell 0.43% with a discount rate of -0.45%; Huatai-PineBridge CSI 300 ETF, down 0.18% with a discount rate of -0.10%; and Harvest CSI A500 ETF, down 0.31% with a discount rate of -0.16% [3][7] Bond ETF - The top-traded bond ETFs today were Haifutong CSI Short-term Financing Bond ETF, up 0.02% with a discount rate of 0.02%; Dacheng Shenzhen Benchmark Market-making Credit Bond ETF, up 0.07% with a discount rate of 0.10%; and Fullgoal ChinaBond 7-10 Year Policy Financial Bond ETF, up 0.16% with a discount rate of 0.11% [4][9] Gold ETF - Gold AU9999 rose 0.76% and Shanghai Gold increased 0.89% today. The top-traded gold ETFs were Huaan Gold ETF, up 0.95% with a discount rate of 0.71%; E Fund Gold ETF, up 0.94% with a discount rate of 0.67%; and Bosera Gold ETF, up 0.95% with a discount rate of 0.68% [12] Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF rose 0.21% with a discount rate of 0.55%, Dacheng Non-ferrous Metals Futures ETF fell 0.72% with a discount rate of -0.68%, and CCB Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF dropped 1.38% with a discount rate of -0.54% [13] Cross-border ETF - The Dow Jones Industrial Average rose 0.28%, the Nasdaq Composite increased 0.39%, and the S&P 500 climbed 0.40% the previous trading day, while the German DAX fell 0.44%. Today, the Hang Seng Index dropped 1.20% and the Hang Seng China Enterprises Index declined 1.49%. The top-traded cross-border ETFs today were Huaxia Hang Seng Tech ETF, down 2.37% with a discount rate of -2.81%; GF CSI Hong Kong Innovative Drugs ETF, up 0.10% with a discount rate of -0.45%; and Huatai-PineBridge CSOP Hang Seng Tech ETF, down 2.41% with a discount rate of -2.63% [15] Currency ETF - The top-traded currency ETFs today were Silver Hua Dayli ETF, Huabao Tianyi ETF, and CCB Tianyi Currency ETF [17]