宏信证券ETF日报-20250428

Report Industry Investment Rating - The document does not mention the report industry investment rating. Core Viewpoints - On April 28, 2025, the Shanghai Composite Index fell 0.20% to 3288.41 points, the Shenzhen Component Index fell 0.62% to 9855.20 points, and the ChiNext Index fell 0.65% to 1934.46 points. The total trading volume of A-shares in the two markets was 1076.9 billion yuan. The top-performing sectors were banking (0.98%), steel (0.53%), and utilities (0.39%), while the worst-performing sectors were real estate (-3.66%), comprehensive (-2.52%), and social services (-2.19%) [2][7]. Summary by Directory Market Overview - The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all declined on April 28, 2025, with trading volume reaching 1076.9 billion yuan. Banking, steel, and utilities led the gains, while real estate, comprehensive, and social services led the losses [2][7]. Stock ETF - The top-traded stock ETFs on April 28, 2025, were Southern China Securities A500 ETF (down 0.21%, discount rate -0.30%), Huaxia China Securities A500 ETF (down 0.11%, discount rate -0.23%), and Huatai-PineBridge CSI 300 ETF (down 0.15%, discount rate -0.19%) [3][8]. Bond ETF - The top-traded bond ETFs on April 28, 2025, were Haifutong CSI Short-term Financing Bond ETF (down 0.00%, discount rate 0.00%), Penghua ChinaBond 30-Year Treasury Bond ETF (up 0.36%, discount rate 0.49%), and Fullgoal ChinaBond 7-10 Year Policy Financial Bond ETF (up 0.07%, discount rate 0.06%) [4][10]. Gold ETF - Gold AU9999 and Shanghai Gold both fell 0.92% on April 28, 2025. The top-traded gold ETFs were Huaan Gold ETF (down 0.86%, discount rate -0.99%), E Fund Gold ETF (down 0.82%, discount rate -0.95%), and Bosera Gold ETF (down 0.84%, discount rate -0.94%) [13]. Commodity Futures ETF - On April 28, 2025, Huaxia Feed Meal Futures ETF fell 1.48% with a discount rate of -1.81%, Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 1.02% with a discount rate of 1.05%, and Dacheng Nonferrous Metals Futures ETF fell 0.42% with a discount rate of -0.50% [14]. Cross-Border ETF - The previous trading day saw gains in the Dow Jones Industrial Average (0.05%), NASDAQ Composite (1.26%), S&P 500 (0.74%), and German DAX (0.81%). On April 28, 2025, the Hang Seng Index fell 0.04% and the Hang Seng China Enterprises Index fell 0.00%. The top-traded cross-border ETFs were Huaxia Hang Seng Technology ETF (down 0.14%, discount rate 1.15%), GF China Securities Hong Kong Innovative Drugs ETF (down 2.01%, discount rate -1.55%), and Huatai-PineBridge Southern Dongying Hang Seng Technology ETF (unchanged, discount rate 1.65%) [16]. Money ETF - The top-traded money ETFs on April 28, 2025, were Silver Hua Dayli ETF, Huabao Tianyi ETF, and Money ETF Jianxin Tianyi [18].