天府证券ETF日报-20251223

Report Summary 1. Market Overview - On December 23, 2025, the Shanghai Composite Index rose 0.07% to close at 3,919.98, the Shenzhen Component Index rose 0.27% to close at 13,368.99, and the ChiNext Index rose 0.41% to close at 3,205.01. The total trading volume of A-shares in the two markets was 1,921.5 billion yuan. The top-performing sectors were power equipment (1.12%), building materials (0.88%), and electronics (0.58%), while the bottom-performing sectors were social services (-2.07%), beauty and personal care (-1.65%), and commerce and retail (-1.60%) [2][6] 2. Stock ETFs - The top-traded stock ETFs on this day were Huatai-PineBridge CSI A500 ETF, which rose 0.16% with a discount rate of 0.29%; ChinaAMC CSI A500 ETF, which rose 0.09% with a discount rate of 0.13%; and Southern CSI A500 ETF, which rose 0.24% with a discount rate of 0.24% [3][7] 3. Bond ETFs - The top-traded bond ETFs on this day were Haifutong CSI Short-term Commercial Paper ETF, which rose 0.01% with a discount rate of -0.02%; ChinaAMC Shanghai Stock Exchange Benchmark Market-making Treasury Bond ETF, which rose 0.23% with a discount rate of 0.19%; and Fullgoal ChinaBond 7 - 10 Year Policy Financial Bond ETF, which rose 0.16% with a discount rate of 0.06% [4][9] 4. Gold ETFs - Gold AU9999 rose 1.42% and Shanghai Gold rose 1.38%. The top-traded gold ETFs were Huaan Gold ETF, which rose 1.35% with a discount rate of 1.60%; Bosera Gold ETF, which rose 1.43% with a discount rate of 1.59%; and E Fund Gold ETF, which rose 1.46% with a discount rate of 1.61% [12] 5. Commodity Futures ETFs - Dacheng Non-ferrous Metals Futures ETF fell 0.10% with a discount rate of 0.16%; China Construction Bank Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.40% with a discount rate of 0.93%; and ChinaAMC Feed Soybean Meal Futures ETF rose 0.21% with a discount rate of 3.11% [13] 6. Cross-border ETFs - The previous trading day, the Dow Jones Industrial Average rose 0.47%, the Nasdaq Composite rose 0.52%, the S&P 500 rose 0.64%, and the German DAX fell 0.02%. On this day, the Hang Seng Index fell 0.11% and the Hang Seng China Enterprises Index fell 0.29%. The top-traded cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF, which rose 0.10% with a discount rate of -0.81%; GF CSI Hong Kong Innovative Drugs ETF, which fell 0.56% with a discount rate of -1.03%; and Huatai-PineBridge CSI KRX China - South Korea Semiconductor ETF, which rose 0.73% with a discount rate of 2.80% [15] 7. Money Market ETFs - The top-traded money market ETFs on this day were Silver Hua Dayli ETF, Huabao Tianyi ETF, and China Construction Bank Tianyi Money Market ETF [17]