中央汇金大举增持ETF，持仓1.28万亿元｜南财早新闻

Macro Economy - Russian President Putin stated that economic relations between Russia and China have reached an unprecedented high level, with trade volume increasing by approximately $100 billion since 2021, and most transactions are now conducted in local currencies [3] - The Director of the International Cooperation Department of the National Financial Supervision Administration highlighted recent advancements in financial reform and innovation in the Guangdong-Hong Kong-Macao Greater Bay Area, including the signing of the CEPA trade agreement allowing Hong Kong and Macao banks to operate card services in mainland China [3] - The spokesperson for the Ministry of Commerce criticized the U.S. decision to revoke the "validated end-user" authorization for three semiconductor companies in China, stating it would negatively impact the global semiconductor supply chain [3] - China's electricity consumption now accounts for 30% of total energy consumption, significantly higher than the global average, and is expected to rise to over 40% by 2035 [3] - The Guangzhou Municipal Bureau of Commerce announced the suspension of the automobile "replacement and upgrade" subsidy policy starting from August 30, 2025 [3] Investment News - In the first half of the year, 2,908 A-share companies reported positive growth in net profit attributable to shareholders, accounting for 54%, with major banks like ICBC, CCB, ABC, and BOC reporting net profits exceeding 100 billion yuan [4] - As of August 30, 2025, seven listed banks have been targeted by insurance capital for stake increases, with Agricultural Bank of China, China Merchants Bank, and Postal Savings Bank of China each being targeted three times [4] - Central Huijin did not make significant changes in ETF investments in the first half of the year, with an estimated expenditure of over 210 billion yuan on 12 ETF products, reaching a total ETF market value of 1.28 trillion yuan by the end of Q2 [4] Company Movements - Yunda Holdings noted a cautious optimism regarding price trends in the express delivery sector, as prices have started to recover in regions like Guangdong and Zhejiang due to ongoing regulatory efforts against "involution" competition [6] - Xingyin Fund appointed Huang Deliang as the new chairman, with the previous general manager no longer serving in that role [6] - Muyuan Foods signed a strategic cooperation agreement with Charoen Pokphand Group to enhance collaboration in various sectors including feed, pig farming, and food processing [6] - Lenovo Group and Beijing Bank signed a strategic cooperation agreement to strengthen collaboration in artificial intelligence and accelerate the digital transformation of small and medium-sized enterprises [6] - JD.com's discount supermarket strategy is expanding, with four stores opening in Suqian, leveraging JD's supply chain to offer direct-sourced products [6] International Dynamics - The U.S. State Department denied visas to Palestinian President Mahmoud Abbas and around 80 other Palestinian officials for the upcoming UN General Assembly, prompting the EU to urge the U.S. to reconsider this decision [7] - Following the dismissal of Prime Minister Pita Limjaroenrat, Thailand's cabinet appointed Deputy Prime Minister and Interior Minister Puttipong Punnakanta as acting Prime Minister [7] Selected Insights - NIO's CEO Li Bin emphasized the importance of combining long-term strategies with short-term execution to enhance competitiveness, aiming for profitability in Q4 despite challenges [8] - A report on the competitive landscape of the food delivery sector revealed insights from the Q2 earnings reports of JD, Meituan, and Alibaba, highlighting the ongoing battle among these companies [8]