基金市场周报：新发基金产品持续走弱

Economic Indicators - The People's Bank of China announced the June LPR rates: 1-year at 3.45% and over 5 years at 3.95%, unchanged from May[3] - In May, China's industrial added value increased by 5.6% year-on-year and 0.30% month-on-month; retail sales totaled 39,211 billion yuan, up 3.7% year-on-year[3] - Fixed asset investment from January to May reached 188,006 billion yuan, with a year-on-year growth of 4.0%[3] Market Performance - The Shanghai Composite Index fell by 1.14% last week, closing at 2,998.1 points, while the Shenzhen Component Index dropped by 2.03%[28] - The Hang Seng Index increased by 0.48%, and the S&P 500 rose by 0.61%[41] - Year-to-date, the Shanghai Composite Index is down 0.40%, while the bond fund index has gained 1.96%[11] Fund Issuance - A total of 9 new funds are set to be issued this week, with a target scale exceeding 15 billion yuan[19] - The new funds include 3 equity mixed funds, 2 international (QDII) stock funds, and 4 passive index funds[19] Regulatory Developments - The China Securities Regulatory Commission (CSRC) announced the "Eight Measures for the Sci-Tech Innovation Board," focusing on enhancing the board's support for technological innovation[4] - CSRC Chairman Wu Qing emphasized the need for targeted regulation to protect the majority of small investors[4] Investment Trends - Northbound capital saw a net outflow of 16.116 billion yuan, while southbound capital recorded a net inflow of 24.118 billion HKD last week[27] - The market remains volatile, with a focus on high-dividend stocks as a potential investment strategy[46]