【金工】金融地产主题基金表现占优，股票ETF资金逆势大幅流入——基金市场与ESG产品周报20251222（祁嫣然/马元心）

Market Overview - In the week of December 15-19, 2025, gold prices increased while domestic equity market indices experienced fluctuations, with the ChiNext index showing a significant decline [4] - The retail trade, non-bank financial, and beauty care sectors saw the highest gains, while the electronics, power equipment, and machinery sectors faced the largest declines [4] Fund Issuance - A total of 40 new funds were established in the domestic market this week, with a combined issuance of 18.321 billion units. This includes 8 bond funds, 14 equity funds, 11 mixed funds, 3 FOF funds, and 4 money market funds [5] Fund Performance Tracking - The long-term thematic fund indices showed that financial and real estate theme funds performed well, while TMT theme funds experienced a net value decline. As of December 19, 2025, the net value changes for various thematic funds were as follows: financial and real estate (2.17%), national defense and military industry (1.75%), cyclical (1.68%), consumption (0.92%), industry rotation (-0.32%), industry balance (-0.65%), new energy (-1.66%), pharmaceuticals (-1.85%), and TMT (-2.02%) [6] ETF Market Tracking - This week, stock ETFs saw significant inflows, with various broad-based ETFs receiving increased investments. The median return for stock ETFs was -0.33%, with a net inflow of 55.232 billion yuan. Hong Kong stock ETFs had a median return of -2.06% and a net inflow of 12.373 billion yuan [7][8] - Broad-based ETFs experienced a total inflow of 33.739 billion yuan, while TMT theme ETFs saw an inflow of 6.652 billion yuan [8] ESG Financial Products Tracking - This week, 31 new green bonds were issued, totaling 18.530 billion yuan. The cumulative issuance of green bonds in the domestic market reached 5.15 trillion yuan, with 4,427 bonds issued [9] - The domestic market currently has 211 ESG funds with a total scale of 149.677 billion yuan. The median net value changes for various ESG fund types were: active equity (-1.35%), passive equity index (-0.54%), and bond ESG funds (0.06%) [9]