ETF市场日报 | 创新药相关ETF再度领涨！债券型ETF关注度持续攀升

Market Overview - A-shares indices collectively rose, with the Shanghai Composite Index up 0.42%, Shenzhen Component Index up 0.87%, and ChiNext Index up 1.11% [1] - The trading volume in the Shanghai and Shenzhen markets exceeded 1.1 trillion yuan, showing a slight increase compared to the previous day [1] Innovation Drug Sector - Innovation drug-related ETFs led the market gains, with the Hang Seng Innovation Drug ETF (520500) rising over 4% and several others increasing by more than 3% [2] - In May, at least six domestic innovative drug companies announced BD transaction orders, primarily involving cross-border collaborations with foreign pharmaceutical companies [2] - The total value of BD transactions in the innovative drug sector increased from $9.2 billion in 2020 to $52.3 billion in 2024, with upfront payments rising from $600 million to $4.1 billion [2] - As of early 2025, the total value of outbound transactions in innovative drugs reached $45.5 billion, with upfront payments at $2.2 billion, indicating a potential record for the year [2] - The Chinese innovative drug industry is transitioning from following to leading, gaining recognition from multinational corporations, marking the arrival of a new era in innovative drugs [2] Logistics and Drone Delivery - The National Postal Administration's recent guidelines emphasize the development of drone technology for logistics, including intercity and cross-province delivery [3] - Low-altitude logistics is categorized into last-mile delivery (within 20 km) and trunk logistics (50-500 km), utilizing different types of drones for various delivery needs [3] - A recent approval for Meituan's fourth-generation drone allows for nationwide commercial operations, enhancing the logistics delivery network [3] Bond ETFs Activity - Bond ETFs are experiencing increased attention, with the turnover rate of the benchmark national bond ETF reaching 292.44% [4][5] - The high liquidity and low fee structure of bond ETFs make them attractive for asset allocation, providing a robust tool for investors [5] New ETF Launch - The upcoming launch of the Southern Science and Technology Growth ETF (589700) is designed to track the STAR Market Growth Index, focusing on high R&D and growth companies in the technology sector [6] - This ETF aims to capitalize on the opportunities presented by China's "self-reliance in technology" strategy and the recovery of the semiconductor industry [6]