宏信证券ETF日报-20250827

Report Industry Investment Rating No relevant content provided. Core View of the Report On August 27, 2025, the A-share market generally declined, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all falling. Different types of ETFs showed various performances, with some rising and some falling [2][6]. Summary by Related Catalogs Market Overview - The Shanghai Composite Index fell 1.76% to close at 3800.35 points, the Shenzhen Component Index fell 1.43% to close at 12295.07 points, and the ChiNext Index fell 0.69% to close at 2723.20 points. The total trading volume of A-shares in the two markets was 31984 billion yuan. The communication industry led the gains with 1.66%, while the beauty care, real estate, and comprehensive industries led the losses with -3.86%, -3.51%, and -3.14% respectively [2][6]. Stock ETF - The top-traded stock ETFs included the Huaxia Shanghai Science and Technology Innovation Board 50 ETF, which rose 0.07% with a premium rate of 0.07%; the E Fund ChiNext ETF, which fell 0.74% with a premium rate of -0.82%; and the Huatai-PineBridge CSI 300 ETF, which fell 1.45% with a premium rate of -1.53% [3][7]. Bond ETF - The top-traded bond ETFs included the Haifutong CSI Short-term Financing Bond ETF, which rose 0.01% with a premium rate of 0.01%; the Bosera CSI Convertible Bond and Exchangeable Bond ETF, which fell 2.65% with a premium rate of -2.62%; and the Penghyang ChinaBond 30-year Treasury Bond ETF, which rose 0.19% with a premium rate of 0.07% [4][9]. Gold ETF - Gold AU9999 rose 0.12% and Shanghai Gold rose 0.05%. The top-traded gold ETFs included the Huaan Gold ETF, which rose 0.01% with a premium rate of 0.11%; the E Fund Gold ETF, which had a change of 0.00% with a premium rate of 0.09%; and the Bosera Gold ETF, which fell 0.01% with a premium rate of 0.11% [12]. Commodity Futures ETF - The Huaxia Feed Soybean Meal Futures ETF had a change of 0.00% with a premium rate of -0.10%; the Dacheng Non-ferrous Metals Futures ETF rose 0.12% with a premium rate of -0.12%; and the Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.83% with a premium rate of -1.53% [15]. Cross-border ETF - The previous trading day, the Dow Jones Industrial Average rose 0.30%, the Nasdaq Composite rose 0.44%, the S&P 500 rose 0.41%, and the German DAX fell 0.50%. On this day, the Hang Seng Index fell 1.27% and the Hang Seng China Enterprises Index fell 1.40%. The top-traded cross-border ETFs included the E Fund CSI Hong Kong Securities Investment Theme ETF, which fell 4.22% with a premium rate of -3.21%; the Huatai-PineBridge Hang Seng Tech ETF, which fell 1.42% with a premium rate of -0.50%; and the Huaxia Hang Seng Tech ETF, which fell 1.53% with a premium rate of -0.68% [17]. Money ETF - The top-traded money ETFs were the Yin Hua Day Profit ETF, the Hua Bao Add Benefit ETF, and the Money ETF Jianxin Add Benefit [19].