科创债ETF鹏华(551030)单日成交额超141亿元，位居同类第一

Core Viewpoint - The liquidity of ETFs is crucial for their success, and the recent launch of the first batch of 10 Sci-Tech Bond ETFs has significantly reshaped the bond ETF market landscape in China [1][2]. Group 1: ETF Liquidity - On July 28, the Penghua Sci-Tech Bond ETF (551030) achieved a trading volume of 14.199 billion yuan, ranking first among similar products, with a turnover rate of 105.32% and a latest scale of 13.507 billion yuan [1]. - The fund manager of Penghua Sci-Tech Bond ETF emphasized that both asset liquidity and ETF liquidity are interdependent, and prioritizing high liquidity underlying assets is essential for maintaining overall portfolio liquidity [1]. - Penghua's fixed income team has established a highly coordinated mechanism for ETF market-making, client trading collaboration, and compliance management, effectively supporting the market circulation efficiency of new ETF categories [1]. Group 2: Market Development - To enhance market liquidity, Penghua issued over 10 announcements on July 17, adding several securities firms to provide market-making services for the Penghua Sci-Tech Bond ETF [2]. - According to a report by CICC, the introduction of the first batch of 10 Sci-Tech Bond ETFs has redefined the bond ETF market structure, with a total of 39 bond ETFs now available as of July 22, 2025, including 21 credit bond ETFs [2]. - The Penghua fixed income team noted that the Sci-Tech Bond ETF has vast market potential and will continue to enhance the liquidity of bonds issued by technology innovation companies, promoting the healthy development of the bond market [2].