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ESG投资周报：本月新发4只ESG基金，流动性环比收窄-20250917
GUOTAI HAITONG SECURITIES·2025-09-17 06:32

Market Performance - The A-share market showed signs of recovery with the CSI 300 index rising by 1.38% and the ESG 300 index increasing by 1.37% during the week of September 8-12, 2025[5] - The average daily trading volume for the entire A-share market was approximately 2.34 trillion yuan, indicating a contraction in liquidity compared to previous periods[5] ESG Fund Issuance - Four new ESG funds were launched in September 2025, with a total issuance of 3.468 billion units, primarily focused on social responsibility and environmental protection[8] - Over the past year, a total of 247 ESG public funds were issued, amounting to a total of 175.072 billion units[8] - As of September 14, 2025, there are 923 existing ESG funds, with the largest share being ESG strategy funds at 50.48% of the total net asset value of 1,028.855 billion yuan[10] Fund Performance - The top-performing fund for the week was the Zhongjia Low-Carbon Economy Six-Month Holding A, achieving a weekly return of 13.47% and a year-to-date return of 72.57%[11] - Other notable funds included Manulife Growth A and Manulife Revitalization A, with returns of 12.70% and 12.20% respectively for the week[12] Green Bond Market - A total of 84 ESG bonds were issued in September 2025, with an issuance amount of 36.3 billion yuan[15] - The total issuance of ESG bonds over the past year reached 1,059 bonds, totaling 1,172 billion yuan[15] - The existing ESG bond market consists of 3,672 bonds, with green bonds making up the largest share at 61.71% of the total outstanding amount of 5.57 trillion yuan[15] Bank Wealth Management Products - In September 2025, 37 new ESG bank wealth management products were launched, with a total of 1,091 products issued over the past year[21] - The existing ESG bank wealth management products total 1,087, with pure ESG products comprising 56.03% of the total[21] Risk Factors - Potential risks include insufficient policy support for ESG initiatives, lack of standardized data reporting, and lower-than-expected product issuance volumes[24]