基金市场与ESG产品周报：金融地产主题基金热度延续，科创、TMT主题ETF资金流入占优

Investment Rating - The report indicates a positive investment sentiment towards the financial real estate theme funds, which have shown a net value increase of 1.45% this week [2]. Core Insights - The overall market performance for the week of May 12-16, 2025, saw significant gains in U.S. stocks, while the domestic equity market showed mixed results, with the CSI 300 index rising by 1.12% [13]. - The beauty care, non-bank financial, and automotive sectors led the gains, with respective increases of 3.08%, 2.49%, and 2.40% [15]. - The fund market experienced a resurgence, with 24 new funds launched, totaling 240.04 billion units, including 12 equity funds and 6 bond funds [22]. Summary by Sections Market Performance Overview - U.S. stocks surged, with the S&P 500 up by 5.27% and the Hang Seng Index rising by 2.09%. The CSI 300 index increased by 1.12% [13]. - The beauty care, non-bank financial, and automotive sectors performed well, while the computer, defense, and media sectors faced declines [15]. Fund Product Issuance - A total of 24 new funds were established this week, with a combined issuance of 240.04 billion units. The largest issuance was from the Huian Yuhong Rate Bond A fund, totaling 60 billion units [22][27]. - The overall market saw 34 new funds issued, with 18 being equity funds, 7 mixed funds, and 6 bond funds [29]. Fund Product Performance Tracking - The financial real estate theme funds continued to perform well, with a net value increase of 1.45%. Other themes like consumption and new energy also showed positive performance [2]. - The average return for equity ETFs was 0.74%, while the commodity ETFs saw a median return of -4.71% [2][3]. ETF Market Tracking - Significant inflows were observed in the Sci-Tech and TMT theme ETFs, with respective net inflows of 17.98 billion and 9.39 billion yuan. Conversely, broad market ETFs experienced substantial outflows [3]. - The active equity fund positions decreased by 0.66 percentage points, indicating a shift in sector allocations, with increased investments in pharmaceuticals and beauty care [3]. ESG Financial Products Tracking - The green bond market remained stable, with 10 new issuances totaling 7.313 billion yuan, bringing the cumulative issuance to 4.43 trillion yuan [4]. - ESG funds showed varied performance, with active equity ESG funds having a median return of 0.26% [4].