Workflow
基建ETF领涨，机构建议关注重点工程项目丨ETF基金日报
2 1 Shi Ji Jing Ji Bao Dao·2025-07-22 02:32

Market Overview - The Shanghai Composite Index rose by 0.72% to close at 3559.79 points, with a daily high of 3560.63 points [1] - The Shenzhen Component Index increased by 0.86% to close at 11007.49 points, reaching a high of 11008.48 points [1] - The ChiNext Index gained 0.87%, closing at 2296.88 points, with a peak of 2297.14 points [1] ETF Market Performance - The median return for stock ETFs was 0.72% [2] - The highest return among scale index ETFs was 2.07% for the Penghua CSI 800 Free Cash Flow ETF [2] - The highest return in industry index ETFs was 10.05% for the Fuguo CSI All-Share Construction Materials ETF [2] - The top three ETFs by return were: - Fuguo CSI All-Share Construction Materials ETF (10.05%) - Guotai CSI All-Share Construction Materials ETF (9.97%) - E Fund CSI All-Share Construction Materials ETF (9.94%) [4][5] ETF Fund Flow - The top three ETFs by fund inflow were: - GF CSI Construction Engineering ETF (5.98 billion CNY) - Guotai CSI All-Share Construction Materials ETF (4.48 billion CNY) - Huaxia SSE Sci-Tech 50 ETF (4.39 billion CNY) [6][7] - The top three ETFs by fund outflow were: - Invesco CSI A500 ETF (2.57 billion CNY) - Huatai-PB SSE 300 ETF (2.02 billion CNY) - Guotai CSI Military Industry ETF (1.95 billion CNY) [6][7] Financing and Margin Trading - The highest financing buy amounts were: - Huaxia SSE Sci-Tech 50 ETF (619 million CNY) - E Fund ChiNext ETF (437 million CNY) - Guotai CSI All-Share Securities Company ETF (295 million CNY) [8][9] - The highest margin sell amounts were: - Southern CSI 500 ETF (35.19 million CNY) - Huatai-PB SSE 300 ETF (29.61 million CNY) - Huaxia SSE 50 ETF (10.41 million CNY) [8][9] Institutional Insights - Dongwu Securities noted stable infrastructure investment in the first half of the year, with a focus on urban renewal and key engineering projects [10] - The firm expects fiscal policy support and improvements in financing to gradually show effects on investment and physical output [10] - Everbright Securities highlighted that infrastructure investment grew by 4.6% year-on-year in the first half, driven by the commencement of major projects [11]