Mei Ri Jing Ji Xin Wen·2025-10-28 08:45Group 1 - The number of new funds established this year has exceeded last year's total, with 1187 new funds created as of October 27, surpassing the 1135 funds from the previous year. The issuance scale of equity funds reached 345.65 billion units, accounting for 37.47% of the total issuance, marking a new high since 2011 [1] - The China Securities Regulatory Commission (CSRC) released a new policy on October 27 to optimize the Qualified Foreign Institutional Investor (QFII) system, allowing the use of ETF options for risk management [2] - As of the third quarter, QFII holdings in A-share listed companies exceeded 21.28 billion yuan, with a total holding of 1.018 billion shares across 236 companies [3] Group 2 - Zhang Kun, a well-known fund manager, disclosed his portfolio adjustments for the third quarter, reducing holdings in Tencent and Alibaba while increasing positions in Kweichow Moutai [4][5] - The market experienced fluctuations, with the Shanghai Composite Index briefly surpassing 4000 points, closing down 0.22%. The total trading volume in the Shanghai and Shenzhen markets was 2.15 trillion yuan, a decrease of 192.3 billion yuan from the previous trading day [6] - The Nasdaq 100 ETF led the market with a 3.00% increase, while the military industry sector saw significant gains, with stocks like Jianglong Shipbuilding hitting the daily limit [6][7] Group 3 - Gold-related ETFs experienced a significant decline, with the highest drop reaching 3.74% [8] - The global competition in the large model field continues to intensify, leading to increased capital expenditure and a race for computing infrastructure. The application of AI agents is expected to accelerate, with a focus on related ETF products in the ChiNext market [9]