Workflow
ESG投资周报：ESG主要指数有所回调，流动性环比收窄-20250626
GUOTAI HAITONG SECURITIES·2025-06-26 11:16

Market Performance - The A-share market experienced a pullback from June 16 to June 20, 2025, with the CSI 300 index down by 0.45%, the ESG 300 index down by 0.69%, the CSI ESG 100 index down by 0.35%, and the Sci-Tech Innovation ESG index down by 0.81%[2] - The average daily trading volume for the entire A-share market was approximately 1.22 trillion yuan, indicating a decrease in liquidity compared to the previous period[5] ESG Fund Issuance - A total of 14 ESG fund products were issued in June 2025, with a total issuance of 3.319 billion units, primarily focusing on ESG strategies and social responsibility[7] - Over the past year, 240 ESG public fund products were issued, with a total issuance of 179.629 billion units[7] - As of June 22, 2025, there are 893 existing ESG fund products, with the largest share being ESG strategy funds at 52.70% of the total net asset value of 1,044.95 billion yuan[9] Fund Performance - The top-performing fund for the week of June 16 to June 22, 2025, was Bosera Return Select A, with a weekly return of 3.18% and a year-to-date return of 14.44%[10] - Other notable funds included Huabao Core Advantage A and Huitianfu Autonomous Core Technology One-Year Holding A, which also showed strong returns[10] Green Bond Issuance - In the week of June 16 to June 25, 2025, a total of 35 green bonds were issued in the interbank and exchange markets, with a planned issuance scale of approximately 53.452 billion yuan[14] - For the month, 96 ESG bonds were issued, totaling 107.7 billion yuan, with a cumulative issuance of 1,150 billion yuan over the past year[14] - The total outstanding ESG bonds reached 3,573, with a stock scale of 5.49 trillion yuan, where green bonds accounted for 61.39%[14] Bank Wealth Management Products - In June 2025, 61 ESG bank wealth management products were issued, with a total of 931 existing products in the market[19] - Among these, pure ESG theme products accounted for the largest share at 57.79%[19] Risk Factors - Potential risks include insufficient policy support for ESG initiatives, lack of standardized data reporting, and lower-than-expected product issuance scales[21]