Report Summary 1. Market Overview - On May 23, 2025, the Shanghai Composite Index fell 0.94% to close at 3348.37, the Shenzhen Component Index dropped 0.85% to 10132.41, and the ChiNext Index declined 1.18% to 2021.50. The total trading volume of A-shares in the two markets was 1182.8 billion yuan. The top-performing sectors were automobiles (0.42%), pharmaceuticals and biotechnology (0.42%), and basic chemicals (0.05%), while the worst-performing sectors were computers (-1.97%), composites (-1.84%), and media (-1.79%) [2][6]. 2. Stock ETFs - The top-traded stock ETFs on this day were Huatai-PineBridge CSI 300 ETF (down 0.72% with a premium rate of -0.75%), ChinaAMC CSI A500 ETF (down 0.84% with a premium rate of -0.82%), and Harvest CSI A500 ETF (down 0.82% with a premium rate of -0.76%) [3][7]. 3. Bond ETFs - The most actively traded bond ETFs included Fullgoal China Bond 7 - 10 Year Policy Financial Bond ETF (up 0.05% with a premium rate of 0.07%), Penghua China Bond - 30 Year Treasury Bond ETF (up 0.03% with a premium rate of 0.17%), and Haitong Securities Shanghai Benchmark Market - Making Corporate Bond ETF (up 0.03% with a premium rate of 0.09%) [4][9]. 4. Gold ETFs - Gold AU9999 declined 0.25% and Shanghai Gold dropped 0.03%. The leading gold ETFs were HuaAn Gold ETF (up 0.05% with a premium rate of -0.16%), E Fund Gold ETF (up 0.04% with a premium rate of -0.21%), and Bosera Gold ETF (up 0.01% with a premium rate of -0.23%) [12]. 5. Commodity Futures ETFs - ChinaAMC Feed Soybean Meal Futures ETF fell 0.36% with a premium rate of 1.01%, Dacheng Non - Ferrous Metals Futures ETF rose 0.06% with a premium rate of -0.26%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF dropped 0.54% with a premium rate of -0.98% [15]. 6. Cross - Border ETFs - The previous trading day, the Dow Jones Industrial Average was flat, the Nasdaq Composite rose 0.28%, the S&P 500 fell 0.04%, and the German DAX dropped 0.51%. On this day, the Hang Seng Index rose 0.24% and the Hang Seng China Enterprises Index rose 0.31%. The top - traded cross - border ETFs were ChinaAMC Hang Seng Tech ETF (down 0.70% with a premium rate of -0.87%), Huatai - PineBridge CSOP Hang Seng Tech ETF (down 0.71% with a premium rate of -0.99%), and GF CSI Hong Kong Innovative Drugs ETF (up 0.72% with a premium rate of 0.30%) [17]. 7. Money Market ETFs - The top - traded money market ETFs were YinHua RiLi ETF, HuaBao TianYi ETF, and Money Market ETF [19].

Market Overview - The Shanghai Composite Index rose 0.21% to close at 3387.57 points, the Shenzhen Component Index rose 0.44% to close at 10294.22 points, and the ChiNext Index rose 0.83% to close at 2065.39 points. The trading volume of A-shares in the two markets was 1.2146 trillion yuan. The top-performing sectors were coal (2.55%), non-ferrous metals (2.05%), and power equipment (1.11%), while the bottom-performing sectors were beauty care (-1.09%), electronics (-0.93%), and media (-0.87%) [2][6] Stock ETF - The top-traded stock ETFs today were Huaxia CSI A500 ETF, which rose 0.42% with a premium rate of 0.42%; Harvest CSI A500 ETF, which rose 0.51% with a premium rate of 0.56%; and Huatai-PineBridge CSI 300 ETF, which rose 0.40% with a premium rate of 0.45% [3][7] Bond ETF - The top-traded bond ETFs today were Fullgoal China Bond 7-10 Year Policy Financial Bond ETF, which rose 0.00% with a premium rate of 0.01%; Haitong CSI Benchmark Market-Making Corporate Bond ETF, which rose 0.08% with a premium rate of 0.08%; and Penghua China Bond - 30 Year Treasury Bond ETF, which fell 0.12% with a premium rate of -0.02% [4][9] Gold ETF - Today, gold AU9999 rose 2.70%, and Shanghai Gold rose 3.14%. The top-traded gold ETFs were Huaan Gold ETF, which rose 3.19% with a premium rate of 2.92%; E Fund Gold ETF, which rose 3.17% with a premium rate of 2.90%; and Bosera Gold ETF, which rose 3.17% with a premium rate of 2.89% [12] Commodity Futures ETF - Today, Huaxia Feed Soybean Meal Futures ETF rose 1.74% with a premium rate of 3.41%; CCB E Fund YiSheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 1.00% with a premium rate of 0.69%; and Dacheng Nonferrous Metals Futures ETF rose 0.84% with a premium rate of 0.60% [13] Cross-Border ETF - The previous trading day, the Dow Jones Industrial Average fell 0.27%, the Nasdaq Composite fell 0.38%, the S&P 500 fell 0.39%, and the German DAX rose 0.42%. Today, the Hang Seng Index rose 0.62%, and the Hang Seng China Enterprises Index rose 0.84%. The top-traded cross-border ETFs today were Huaxia Hang Seng Tech ETF, with a change of 0.00% and a premium rate of 0.06%; GF CSI Hong Kong Innovative Drugs ETF, which rose 1.98% with a premium rate of 2.91%; and Huatai-PineBridge Southern Dongying Hang Seng Tech ETF, which rose 0.14% with a premium rate of 0.39% [15] Money ETF - The top-traded money ETFs today were Silver Hua Day Profit ETF, Huabao Tianyi ETF, and Money ETF [17]

Report Summary 1. Market Overview - A-shares showed an upward trend, with the Shanghai Composite Index rising 0.38% to 3380.48 points, the Shenzhen Component Index rising 0.77% to 10249.17 points, and the ChiNext Index rising 0.77% to 2048.46 points. The total trading volume of A-shares in the two markets was 1211.4 billion yuan. The top-performing sectors were beauty care (2.50%), comprehensive (2.12%), and media (1.98%), while the worst-performing sectors were national defense and military industry (-0.50%), coal (-0.33%), and steel (-0.13%) [2][6]. 2. Stock ETFs - The top-trading-volume stock ETFs were Huaxia CSI A500 ETF (up 0.42% with a discount rate of 0.61%), Harvest CSI A500 ETF (up 0.62% with a discount rate of 0.65%), and Huatai-PineBridge CSI 300 ETF (up 0.50% with a discount rate of 0.61%) [3][7]. 3. Bond ETFs - The top-trading-volume bond ETFs were Fullgoal China Bond 7 - 10 Year Policy Financial Bond ETF (up 0.08% with a discount rate of -0.03%), Penghua China Bond - 30 Year Treasury Bond ETF (up 0.18% with a discount rate of -0.05%), and Haitong Securities Shanghai Benchmark Market - Making Corporate Bond ETF (up 0.07% with a discount rate of 0.05%) [4][9]. 4. Gold ETFs - Gold prices declined, with AU9999 down 0.13% and Shanghai Gold down 0.15%. The top-trading-volume gold ETFs were Huaan Gold ETF (down 0.18% with a discount rate of -0.39%), E Fund Gold ETF (down 0.17% with a discount rate of -0.39%), and Bosera Gold ETF (down 0.22% with a discount rate of -0.40%) [12]. 5. Commodity Futures ETFs - Huaxia Feed Soybean Meal Futures ETF had a 0.00% change with a discount rate of 1.15%, China Construction E Fund Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF was down 0.69% with a discount rate of -1.22%, and Dacheng Non - Ferrous Metals Futures ETF was down 0.36% with a discount rate of -0.31% [15]. 6. Cross - Border ETFs - The previous trading day saw the Dow Jones Industrial Average up 0.32%, the Nasdaq up 0.02%, the S&P 500 up 0.09%, and the German DAX up 0.70%. On this day, the Hang Seng Index rose 1.49% and the Hang Seng China Enterprises Index rose 1.52%. The top-trading-volume cross - border ETFs were GF CSI Hong Kong Innovative Drug ETF (up 5.16% with a discount rate of 4.45%), Huaxia Hang Seng Tech ETF (up 1.12% with a discount rate of 1.16%), and Huatai - PineBridge CSOP Hang Seng Tech ETF (up 1.14% with a discount rate of 1.38%) [18]. 7. Money ETFs - The top-trading-volume money ETFs were Yin Hua Day - to - Day Interest ETF, Hua Bao Add - Benefit ETF, and China Construction Add - Benefit Money ETF [20].

Report Industry Investment Rating - No industry investment rating information provided Core Viewpoints - On May 19, 2025, the Shanghai Composite Index remained unchanged at 3367.58 points, the Shenzhen Component Index fell 0.08% to 10171.09 points, and the ChiNext Index dropped 0.33% to 2032.76 points. The total trading volume of A-shares in the two markets was 1119 billion yuan. The top-performing sectors were comprehensive (1.99%), environmental protection (1.87%), and real estate (1.75%), while the worst-performing sectors were food and beverage (-0.90%), automotive (-0.33%), and banking (-0.32%) [2][6] Summary by Relevant Catalogs Market Overview - The Shanghai Composite Index closed flat at 3367.58 points, the Shenzhen Component Index declined 0.08% to 10171.09 points, and the ChiNext Index decreased 0.33% to 2032.76 points. The trading volume of A-shares in the two markets reached 1119 billion yuan. The top gainers were comprehensive, environmental protection, and real estate sectors, while the top losers were food and beverage, automotive, and banking sectors [2][6] Stock ETF - The top-traded stock ETFs were Huaxia CSI A500 ETF (unchanged with a discount rate of -0.05%), Huaxia SSE Science and Technology Innovation Board 50 ETF (up 0.10% with a discount rate of 0.03%), and Harvest CSI A500 ETF (down 0.21% with a discount rate of -0.21%) [3][7] Bond ETF - The leading bond ETFs in terms of trading volume were Fullgoal China Bond 7 - 10 Year Policy Financial Bond ETF (up 0.09% with a discount rate of 0.03%), Haitong CSI Short - Term Financing Bond ETF (up 0.01% with a discount rate of 0.01%), and Dacheng Shenzhen Benchmark Market - Making Credit Bond ETF (down 0.00% with a discount rate of 0.01%) [4][9] Gold ETF - Gold AU9999 rose 1.09% and Shanghai Gold increased 0.54%. The most actively traded gold ETFs were Huaan Gold ETF (up 0.63% with a discount rate of 0.85%), E Fund Gold ETF (up 0.63% with a discount rate of 0.85%), and Bosera Gold ETF (up 0.68% with a discount rate of 0.89%) [12] Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF fell 0.37% with a discount rate of 0.84%, Dacheng Non - Ferrous Metals Futures ETF declined 0.30% with a discount rate of -0.46%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF dropped 0.15% with a discount rate of -0.97% [13] Cross - Border ETF - The previous trading day saw the Dow Jones Industrial Average rise 0.78%, the Nasdaq Composite increase 0.52%, and the S&P 500 climb 0.70%. Germany's DAX rose 0.30%. On the day, the Hang Seng Index fell 0.05% and the Hang Seng China Enterprises Index dropped 0.09%. The top - traded cross - border ETFs were Huaxia Hang Seng Tech ETF (down 0.28% with a discount rate of -0.63%), Huatai - Peregrine Southern Dongying Hang Seng Tech ETF (down 0.42% with a discount rate of -0.33%), and Invesco Great Wall S&P Consumer Select ETF (up 0.88% with a discount rate of 27.86%) [15] Currency ETF - The most actively traded currency ETFs were Yin Hua Day - Profit ETF, Hua Bao Add - Benefit ETF, and Currency ETF Jianxin Add - Benefit [17]

Report Industry Investment Rating There is no information provided in the report regarding the industry investment rating. Core Viewpoints - On May 13, 2025, the Shanghai Composite Index rose 0.17% to 3374.87 points, the Shenzhen Component Index fell 0.13% to 10288.08 points, and the ChiNext Index fell 0.12% to 2062.26 points. The total trading volume of A-shares in the two markets was 1325.1 billion yuan. The top-performing industries were banking (1.52%), beauty and care (1.18%), and pharmaceutical biology (0.90%), while the worst-performing industries were national defense and military industry (-3.07%), computer (-0.80%), and machinery and equipment (-0.66%) [2][6]. Summary by Directory Market Overview - The Shanghai Composite Index rose 0.17%, the Shenzhen Component Index fell 0.13%, and the ChiNext Index fell 0.12%. The total trading volume of A-shares in the two markets was 1325.1 billion yuan. The top-performing industries were banking, beauty and care, and pharmaceutical biology, while the worst-performing industries were national defense and military industry, computer, and machinery and equipment [2][6]. Stock ETF - The top trading volume stock ETFs were Huaxia CSI A500 ETF (up 0.11% with a premium rate of 0.08%), Huatai-PineBridge CSI 300 ETF (up 0.10% with a premium rate of 0.08%), and Guotai CSI A500 ETF (unchanged with a premium rate of -0.01%) [3][7]. Bond ETF - The top trading volume bond ETFs were Fuguo ChinaBond 7 - 10 Year Policy Financial Bond ETF (down 0.13% with a premium rate of 0.15%), Pengyang ChinaBond - 30 Year Treasury Bond ETF (down 0.38% with a premium rate of 0.52%), and Haifutong CSI Short - Term Commercial Paper ETF (unchanged with a premium rate of -0.00%) [4][9]. Gold ETF - The price of gold AU9999 rose 0.65%, and Shanghai Gold fell 0.31%. The top trading volume gold ETFs were Huaan Gold ETF (down 0.60% with a premium rate of 0.67%), E Fund Gold ETF (down 0.59% with a premium rate of 0.65%), and Bosera Gold ETF (down 0.61% with a premium rate of 0.65%) [12]. Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF fell 0.21% with a premium rate of 1.54%, Dacheng Non - Ferrous Metals Futures ETF fell 0.12% with a premium rate of 0.14%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.77% with a premium rate of 1.75% [13]. Cross - Border ETF - The previous trading day, the Dow Jones Industrial Average rose 2.81%, the Nasdaq Composite rose 4.35%, the S&P 500 rose 3.26%, and the German DAX rose 0.29%. On this day, the Hang Seng Index fell 1.87%, and the Hang Seng China Enterprises Index fell 2.02%. The top trading volume cross - border ETFs were Huaxia Hang Seng Tech ETF (down 0.83% with a premium rate of -3.43%), Huatai - PineBridge Southern Dongying Hang Seng Tech ETF (down 0.84% with a premium rate of -3.33%), and Guotai S&P 500 ETF (up 10.01% with a premium rate of 23.45%) [15]. 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 [17].

Market Overview - On May 12, 2025, the Shanghai Composite Index rose 0.82% to close at 3369.24 points, the Shenzhen Component Index rose 1.72% to close at 10301.16 points, and the ChiNext Index rose 2.63% to close at 2064.71 points. The trading volume of A-shares in the two markets was 1341 billion yuan [2][7]. - The top-performing sectors were national defense and military industry (4.80%), power equipment (2.69%), and machinery and equipment (2.24%), while the bottom-performing sectors were agriculture, forestry, animal husbandry and fishery (-0.49%), medicine and biology (-0.27%), and public utilities (-0.26%) [2][7]. Stock ETF - The top-traded stock ETFs on this day were Huaxia CSI A500 ETF (up 1.18% with a discount rate of 1.23%), Huatai-PineBridge CSI 300 ETF (up 1.14% with a discount rate of 1.13%), and E Fund ChiNext ETF (up 2.67% with a discount rate of 2.74%) [3][8]. - The report also listed the top ten stock ETFs by trading volume, including their prices, price changes, tracking indexes, discount rates, trading volumes, and latest share references [9]. Bond ETF - The top-traded bond ETFs were Fullgoal China Bond 7 - 10 Year Policy Financial Bond ETF (down 0.08% with a discount rate of -0.07%), Penghua China Bond - 30 Year Treasury Bond ETF (down 0.48% with a discount rate of -0.44%), and Haitong CSI Short-term Financing Bond ETF (up 0.01% with a discount rate of 0.01%) [4][10]. - The top five bond ETFs by trading volume were presented, including their prices, price changes, discount rates, and trading volumes [11]. Gold ETF - Gold AU9999 fell 3.37% and Shanghai Gold fell 2.45%. The top-traded gold ETFs were Huaan Gold ETF (down 2.06% with a discount rate of -2.11%), E Fund Gold ETF (down 2.08% with a discount rate of -2.17%), and Bosera Gold ETF (down 2.06% with a discount rate of -2.14%) [13]. - The top five gold ETFs by trading volume were shown, including their prices, price changes, trading volumes, IOPV, and discount rates [14]. Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF fell 0.26% with a discount rate of 1.05%, Dacheng Non-ferrous Metals Futures ETF rose 1.27% with a discount rate of 1.03%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 1.88% with a discount rate of 1.91% [14]. - Information about these commodity futures ETFs, such as their prices, price changes, trading volumes, IOPV, discount rates, tracking indexes, and index price changes, was provided [15]. Cross - border ETF - The previous trading day saw the Dow Jones Industrial Average down 0.29%, the Nasdaq unchanged, the S&P 500 down 0.07%, and the German DAX up 0.63%. On this day, the Hang Seng Index rose 2.98% and the Hang Seng China Enterprises Index rose 3.01%. - The top-traded cross - border ETFs were Huaxia Hang Seng Technology ETF (up 2.54% with a discount rate of 2.24%), Huatai - PineBridge Southern Dongying Hang Seng Technology ETF (up 2.58% with a discount rate of 2.33%), and E Fund CSI Hong Kong Securities Investment Theme ETF (up 3.09% with a discount rate of 3.02%) [16]. - The top five cross - border ETFs by trading volume were listed, including their trading volumes, price changes, and discount rates [17]. Currency ETF - The top - traded currency ETFs were Yin Hua Ri Li ETF, Hua Bao Tian Yi ETF, and JX Tian Yi Currency ETF [18]. - The top three currency ETFs by trading volume were presented, including their trading volumes [20].

Market Overview - On May 9, 2025, the Shanghai Composite Index fell 0.30% to close at 3342.00, the Shenzhen Component Index dropped 0.69% to 10126.83, and the ChiNext Index declined 0.87% to 2011.77. The total trading volume of A-shares in the two markets was 1222.5 billion yuan. The top-performing sectors were beauty care (1.41%), banking (1.36%), and textile and apparel (0.72%), while the worst-performing sectors were electronics (-2.07%), computer (-1.96%), and national defense and military industry (-1.87%) [2][7] Stock ETF - The top-traded stock ETFs on this day were Huaxia SSE STAR Market 50 ETF (down 1.95% with a premium rate of -1.98%), Huaxia CSI A500 ETF (down 0.32% with a premium rate of -0.31%), and Huatai-PineBridge SSE 50 ETF (down 0.13% with a premium rate of -0.16%) [3][8] Bond ETF - The top-traded bond ETFs were Haifutong CSI Short-term Financing Bond ETF (up 0.02% with a premium rate of 0.01%), Penghang ChinaBond 30-year Treasury Bond ETF (up 0.06% with a premium rate of -0.04%), and Fullgoal ChinaBond 7-10 Year Policy Financial Bond ETF (up 0.10% with a premium rate of 0.06%) [4][10] Gold ETF - Gold AU9999 fell 0.13% and Shanghai Gold dropped 0.18%. The top-traded gold ETFs were Huaan Gold ETF (down 0.34% with a premium rate of -0.21%), E Fund Gold ETF (down 0.35% with a premium rate of -0.22%), and Bosera Gold ETF (down 0.32% with a premium rate of -0.21%) [13] Commodity Futures ETF - Huaxia Feed Soybean Meal Futures ETF fell 0.16% with a premium rate of 1.36%, Dacheng Non-ferrous Metals Futures ETF rose 0.12% with a premium rate of -0.18%, and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.47% with a premium rate of 0.96% [14][15] Cross-border ETF - The previous trading day, the Dow Jones Industrial Average rose 0.62%, the Nasdaq Composite rose 1.07%, the S&P 500 rose 0.58%, and the German DAX rose 1.02%. On this day, the Hang Seng Index rose 0.40% and the Hang Seng China Enterprises Index rose 0.10%. The top-traded cross-border ETFs were Huaxia Hang Seng Tech ETF (down 1.39% with a premium rate of -1.34%), Huatai-PineBridge Southern Dongying Hang Seng Tech ETF (down 1.41% with a premium rate of -1.13%), and Huaxia Hang Seng Internet Technology Industry ETF (down 1.04% with a premium rate of -1.17%) [16] Currency ETF - The top-traded currency ETFs were YinHua RiLi ETF, HuaBao TianYi ETF, and Currency ETF JianXin TianYi [18]

Report Summary 1. Market Overview - A-share market showed an overall upward trend on May 7, 2025. The Shanghai Composite Index rose 0.80% to close at 3342.67, the Shenzhen Component Index rose 0.22% to close at 10104.13, and the ChiNext Index rose 0.51% to close at 1996.51. The total trading volume of A-shares in the two markets was 1505.3 billion yuan [2][6]. - The top-performing sectors were National Defense and Military Industry (3.70%), Banking (1.49%), and Basic Chemicals (1.15%), while the bottom-performing sectors were Media (-0.56%), Computer (-0.42%), and Electronics (-0.37%) [2][6]. 2. Stock ETFs - The top-trading volume stock ETFs included Huatai-PB CSI 300 ETF (up 0.61%, premium rate 0.54%), E Fund ChiNext ETF (up 0.46%, premium rate 0.48%), and China AMC SSE 50 ETF (up 0.89%, premium rate 0.83%) [3][7]. 3. Bond ETFs - The top-trading volume bond ETFs included Penghang CCDC 30-year Treasury Bond ETF (down 0.49%, premium rate -0.55%), Fullgoal CCDC 7 - 10-year Policy Financial Bond ETF (down 0.10%, premium rate -0.10%), and Haifutong CSI Short-term Financing Bond ETF (up 0.01%, premium rate 0.00%) [4][9]. 4. Gold ETFs - Gold prices showed an upward trend. AU9999 rose 0.80% and Shanghai Gold rose 0.79%. The top-trading volume gold ETFs included Huaan Gold ETF (up 0.78%, premium rate 0.92%), E Fund Gold ETF (up 0.81%, premium rate 0.92%), and Bosera Gold ETF (up 0.79%, premium rate 0.91%) [12]. 5. Commodity Futures ETFs - Huaxia Feed Soybean Meal Futures ETF rose 0.05% with a premium rate of 1.26%, Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 1.20% with a premium rate of 1.04%, and Dacheng Non-ferrous Metals Futures ETF fell 0.06% with a premium rate of -0.37% [13][14]. 6. Cross-border ETFs - The previous trading day saw declines in the Dow Jones Industrial Average (-0.95%), Nasdaq (-0.87%), S&P 500 (-0.77%), and Germany's DAX (-0.41%). On May 7, the Hang Seng Index rose 0.13% and the Hang Seng China Enterprises Index fell 0.23%. The top-trading volume cross-border ETFs included China AMC Hang Seng Tech ETF (down 0.42%, premium rate -0.17%), Huatai-PB CSOP Hang Seng Tech ETF (down 0.42%, premium rate 0.00%), and E Fund CSI Hong Kong Securities Investment Theme ETF (up 1.42%, premium rate 1.05%) [15][16]. 7. Money ETFs - The top-trading volume money ETFs were Yin Hua Day Profit ETF, Hua Bao Add Benefit ETF, and Jianxin Add Benefit Money ETF [17].

Report Summary 1. Market Overview - A-share market showed an upward trend today, with the Shanghai Composite Index rising 1.13% to 3316.11 points, the Shenzhen Component Index rising 1.84% to 10082.34 points, and the ChiNext Index rising 1.97% to 1986.41 points. The total trading volume of A-shares in the two markets was 1364.6 billion yuan. The top-performing sectors were computer (3.65%), communication (3.59%), and comprehensive (3.38%), while the worst-performing sector was banking (-0.13%) [2][6] 2. Stock ETFs - The top three stock ETFs by trading volume today were Huatai-PineBridge CSI 300 ETF (up 0.96% with a discount rate of 0.92%), Southern CSI A500 ETF (up 1.24% with a discount rate of 1.19%), and ChinaAMC CSI A500 ETF (up 1.42% with a discount rate of 1.34%) [3][7] 3. Bond ETFs - The top three bond ETFs by trading volume today were Fullgoal CDB 7 - 10 Year Policy Financial Bond ETF (down 0.04% with a discount rate of 0.03%), Haitong CSI Short - Term Financing Bond ETF (down 0.01% with a discount rate of 0.02%), and Penghua CDB 30 - Year Treasury Bond ETF (down 0.06% with a discount rate of -0.09%) [4][9] 4. Gold ETFs - Gold prices rose today, with AU9999 up 1.54% and Shanghai Gold up 1.79%. The top three gold ETFs by trading volume were HuaAn Gold ETF (up 1.89% with a discount rate of 1.68%), E Fund Gold ETF (up 1.85% with a discount rate of 1.64%), and Bosera Gold ETF (up 1.88% with a discount rate of 1.65%) [12] 5. Commodity Futures ETFs - Huaxia Feed Soybean Meal Futures ETF rose 0.26% with a discount rate of 0.39%, Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 1.26% with a discount rate of -1.61%, and Dacheng Non - Ferrous Metals Futures ETF rose 0.18% with a discount rate of -0.43% [13] 6. Cross - Border ETFs - In the previous trading session, the Dow Jones Industrial Average fell 0.24%, the Nasdaq Composite fell 0.74%, and the S&P 500 fell 0.64%, while the German DAX rose 1.12%. Today, the Hang Seng Index rose 0.70% and the Hang Seng China Enterprises Index rose 0.37%. The top three cross - border ETFs by trading volume today were ChinaAMC Hang Seng Tech ETF (up 3.30% with a discount rate of 3.31%), Huatai - PineBridge CSOP Hang Seng Tech ETF (up 3.04% with a discount rate of 3.57%), and ChinaAMC Hang Seng Internet Technology Industry ETF (up 3.85% with a discount rate of 4.03%) [15] 7. Money ETFs - The top three money ETFs by trading volume today were Silver Hua Day - to - Day Interest ETF, Huabao Tianyi ETF, and Jianxin Tianyi Money ETF [17]

Report Summary Market Overview - The Shanghai Composite Index fell 0.23% to close at 3279.03 points, the Shenzhen Component Index rose 0.51% to close at 9899.82 points, and the ChiNext Index rose 0.83% to close at 1948.03 points. The total trading volume of A-shares in the two markets was 1193.3 billion yuan. The top-performing sectors were computer (2.33%), automobile (1.59%), and media (1.39%), while the bottom-performing sectors were banking (-2.09%), steel (-1.35%), and building materials (-0.82%) [2][6] Stock ETFs - The top-traded stock ETFs were Southern China Securities A500 ETF (up 0.21% with a discount rate of 0.06%), Huaxia China Securities A500 ETF (up 0.11% with a discount rate of 0.03%), and Guotai China Securities A500 ETF (flat with a discount rate of -0.05%) [3][7] Bond ETFs - The top-traded bond ETFs were Haifutong China Securities Short-term Financing ETF (up 0.03% with a discount rate of 0.03%), Pengyang China Bond - 30-year Treasury Bond ETF (down 0.10% with a discount rate of -0.09%), and E Fund Shanghai Stock Exchange Benchmark Market - Making Corporate Bond ETF (up 0.06% with a discount rate of 0.24%) [4][9] Gold ETFs - Gold AU9999 rose 0.02%, and Shanghai Gold fell 0.49%. The top-traded gold ETFs were Huaan Gold ETF (down 0.61% with a discount rate of -0.20%), E Fund Gold ETF (down 0.60% with a discount rate of -0.19%), and Boshi Gold ETF (down 0.61% with a discount rate of -0.21%) [12] Commodity Futures ETFs - Huaxia Feed Soybean Meal Futures ETF fell 0.52% with a discount rate of -0.95%, Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.71% with a discount rate of -1.14%, and Dacheng Non - Ferrous Metals Futures ETF fell 0.42% with a discount rate of -0.69% [15] Cross - Border ETFs - The previous trading day, the Dow Jones Industrial Average rose 0.75%, the Nasdaq Composite rose 0.55%, the S&P 500 rose 0.58%, and the German DAX rose 0.69%. Today, the Hang Seng Index rose 0.51%, and the Hang Seng China Enterprises Index rose 0.10%. The top-traded cross - border ETFs were Huaxia Hang Seng Technology ETF (up 1.01% with a discount rate of 1.32%), Huatai - Bairui Southern Dongying Hang Seng Technology ETF (up 1.02% with a discount rate of 1.86%), and Fuguo China Securities Hong Kong Stock Connect Internet ETF (up 2.59% with a discount rate of 3.36%) [17] Money Market ETFs - The top - traded money market ETFs were Yin Hua Day - to - Day Profit ETF, Hua Bao Tian Yi ETF, and Jian Xin Tian Yi Money Market ETF [19]