Core Viewpoint - The A-share market experienced fluctuations on January 29, with mixed performance across the three major indices and a total market turnover of 3.26 trillion yuan, indicating some capital withdrawal from the market [1] Group 1: ETF Fund Flows - The total net outflow from stock ETFs (including cross-border ETFs) was approximately 298.64 billion yuan on January 29, with significant outflows from broad-based ETFs [2][5] - Six ETFs had a net outflow exceeding 50 billion yuan, with one ETF alone seeing a net outflow of over 100 billion yuan [1][3] - Since the beginning of 2026, stock ETFs have faced cumulative net outflows exceeding 750 billion yuan due to severe "blood loss" in broad-based ETFs [1] Group 2: Sector Performance - Despite the overall net outflow, 61 stock ETFs recorded net inflows exceeding 1 billion yuan, with the gold and non-ferrous metal sectors leading the inflows [2] - The industry-themed ETFs and commodity ETFs saw net inflows of 221.41 billion yuan and 53.9 billion yuan, respectively, while broad-based ETFs had a net outflow of 520.18 billion yuan [2] - Specific ETFs such as the SGE Gold 9999 index saw a net inflow of 40.52 billion yuan, while the CSI 300 index ETF had the highest net outflow at 316.28 billion yuan [2] Group 3: Fund Management Insights - Leading fund companies like E Fund and Huaxia Fund have seen significant inflows in their ETF products, with E Fund's Sci-Tech Chip ETF and Gold ETF recording net inflows of 9.36 billion yuan and 3.55 billion yuan, respectively [5] - Huaxia Fund's non-ferrous metal ETF and gold stock ETF also saw substantial inflows of 14.97 billion yuan and 13.35 billion yuan [5] Group 4: Market Outlook - Analysts expect the A-share and Hong Kong markets to maintain high trading activity levels, driven by a stable macroeconomic policy and positive expectations for economic indicators [6] - Despite uncertainties in global geopolitical dynamics and domestic economic challenges, the valuation levels of A-share and Hong Kong equity assets remain attractive compared to major global indices [6]

易方达创业板ETF（159915）基金经理为成曦、刘树荣。 截至发稿，成曦累计任职时间9年271天，现任基金资产总规模2369.54亿元，任职期间最佳基金回报 131.04%， 任职期间最差基金回报-67.89%。 刘树荣累计任职时间8年199天，现任基金资产总规模1276.84亿元，任职期间最佳基金回报194.12%， 任职期间最差基金回报-48.01%。 1月30日，全志科技涨5.07%，截至发稿，报46.81元/股，成交13.79亿元，换手率4.55%，总市值386.38 亿元。 资料显示，珠海全志科技股份有限公司位于广东省珠海市高新区唐家湾镇科技二路9号，成立日期2007 年9月19日，上市日期2015年5月15日，公司主营业务涉及智能应用处理器SoC、高性能模拟器件和无线 互联芯片的研发与设计。主营业务收入构成为：智能终端应用处理器芯片100.00%，其他(补充)0.00%。 从全志科技十大流通股东角度 数据显示，易方达基金旗下1只基金位居全志科技十大流通股东。易方达创业板ETF（159915）三季度 减持212.52万股，持有股数1268.97万股，占流通股的比例为1.88%。根据测算，今日浮盈赚 ...

Core Viewpoint - Multiple funds have announced temporary suspensions of trading and investment activities due to significant premiums in secondary market prices compared to net asset values, indicating potential risks for investors [1][2][3]. Group 1: Fund Announcements - Guotou Ruijin Fund announced that the Guotou Silver LOF will be suspended from trading on January 30, 2026, due to a significant premium in secondary market prices [1]. - Guangfa Fund stated that the Guangfa Dow Jones U.S. Oil Development and Production Index Securities Investment Fund (QDII-LOF) will limit daily single account subscriptions to 10.00 yuan starting January 30, 2026, due to high trading prices [2]. - E Fund reported that the E Fund Crude Oil Securities Investment Fund (QDII) A class has seen its secondary market price rise significantly above its net asset value, with a closing price of 1.437 yuan on January 29, 2026, compared to a net asset value of 1.1315 yuan on January 27, 2026 [2]. - Huaan Fund announced a suspension of large subscriptions and regular investments for the Huaan S&P Global Oil Index Securities Investment Fund (LOF), limiting daily subscriptions to 2 yuan per account [3]. - Jiashi Fund indicated that the Jiashi Crude Oil Securities Investment Fund (QDII-LOF) has also experienced significant premiums in secondary market prices, warning investors of potential losses [3].

● 本报记者 李静 聚焦跨境资产托管 近日，汇丰银行（中国）宣布为易方达基金发行的港股通消费混合型证券投资基金提供包括资金清算、 资产估值、合规监督等在内的托管服务，这是汇丰银行（中国）自2024年获批证券投资基金托管资格 后，在境内市场落地的首单公募基金托管业务。据悉，该基金也是易方达基金首只由外资银行托管的境 内公募基金产品。 根据中国证监会最新公布的证券投资基金托管人名录，目前已有渣打银行（中国），花旗银行（中 国）、德意志银行（中国）、法国巴黎银行（中国）、汇丰银行（中国）5家外资银行获得证券投资基 金托管资格。 在持牌基础上，各家外资银行正依托其全球网络，积极推进资产托管业务的多元化发展。例如，汇丰银 行（中国）表示，除基金托管外，还可为通过合格境外投资者、中国银行间债券市场直投模式以及B股 直接投资等渠道开展境内投资的境外机构提供托管服务。 去年10月，渣打银行（中国）宣布为汇华理财某公募理财产品提供托管服务，成为国内首家为理财公司 提供托管服务的外资银行。据了解，该理财产品将一定比例的资产投资于东方汇理资管亚洲伞子基金 CIO精选基金系列，该系列基金由渣打银行（新加坡）担任投资顾问。"我们希望继 ...

截至2025年年底的数据显示，证券从业人员总数降至32.78万人，同比减少近8000人，而同期公募基金 规模攀升至37.71万亿元的新高位。在规模大涨的背景下，人员的跨界流动成为市场关注的焦点。 1月26日，原就职于招商证券的罗星辰加入南方基金，原就职于国联民生证券的陈阅川加入华安基金， 原就职于中信证券的张煜于同日加入华安基金； 1月23日，原就职于中金财富的王瞻入职易方达基金，原就职于首创证券的白宁同日入职鹏安基金； 1月15日，原就职于华泰证券的谭俊练入职明亚基金； 1月12日，原就职于光证资管的房俊加入国金基金； 1月8日，原就职于民生证券的张晓东、刘蔚也完成了职业转型，加入新华基金。 1月5日，原就职于国金证券的李涛加入平安基金。 《每日经济新闻》记者梳理发现，2026年伊始，券商行业人员向公募基金流动的案例越来越多，截至目 前已有10余人。其中既有来自中信、华泰、招商等头部机构的人员，也涉及上海证券、南京证券、东证 融汇等多家深耕资管业务的券商。 具体来看，上述人员跨界有两个明显的路径：一是流向母公司控股或参股的基金公司；二是随着券商资 管"参公"大集合产品公募化改造的收官，部分投资经理在产品管理 ...

北汽蓝谷分析师会议 调研日期：2026年01月29日 调研行业：汽车整车 参与调研的机构：易方达基金、中信证券、中信建投、方正证 券、中泰证券等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START ...

1月29日，国际金价继续大涨。继1月26日突破每盎司5000美元后，现货与期货黄金价格一路狂飙，1月 29日早盘双双站上5500美元/盎司。 在金价拉升的过程中，公募基金领域的相关产品也迎来"黄金时刻"。黄金主题ETF规模迅速增长。然 而，在"金光灿灿"的净值曲线背后，是机构对后市判断的分歧，以及投资者"既怕卖飞又怕接盘"的复杂 心态。有投资者表示："车里的人和没上车的人都很难受"。 金价飙升下的投资群像 谁推高了金价 对于普通投资者而言，这轮行情带来的更多是煎熬。投资者小朱的经历颇具代表性："我观察黄金许久 了不敢买，现在买不进去了。太疯狂了，现在就没有上车的机会。" 这种焦虑感在踏空者中弥漫。王女士向记者坦言，去年朋友推荐黄金股时，她因谨慎未入手，如今只能 看着别人赚得"盆满钵满"。今天早上，她还在纠结是否要买入。 已持仓的投资者同样面临抉择困境。一直坚信长期主义的小刘，在本周金价突破5500美元后反而"心里 不踏实"了，他在"赶紧下车"和"怕卖飞"的焦虑中反复挣扎。 罗女士则已清仓离场。她戏称自己是"买在无人问津时，卖在人声鼎沸处"。当被问及原因时，她给出了 一个简单而深刻的回答："赚够了要去买更便宜的 ...

Group 1 - The core viewpoint of the news is that multiple funds, including silver and oil funds, are announcing suspensions and risk warnings due to significant price surges and premium rates in the market [1][3][8] - The Guotou Silver LOF fund will suspend trading from January 30, 2026, due to a premium rate exceeding 64.26%, with a price increase of over 130% since the beginning of the year [1][2] - The Guangfa Oil LOF fund and the Huaan Oil LOF fund will also suspend trading for one hour on January 30, 2026, due to large premium fluctuations [3][4] Group 2 - China Gold announced that its stock has experienced consecutive trading days of price increases, with a current P/E ratio of 55.63, significantly higher than the industry median of 28.60, indicating potential overvaluation [8] - Zhaojin Gold highlighted risks related to gold price volatility and operational risks in overseas projects, particularly in Fiji, where political and economic conditions differ from China [9] - Xibu Gold issued a risk warning due to the high market heat in gold products, urging investors to make rational investment decisions [9] - Baiyin Nonferrous reported a significant stock price deviation of 113.48% over ten trading days, indicating severe abnormal trading conditions, while projecting a net loss for 2025 [10]

1月29日，广发基金、华安基金、嘉实基金、易方达基金等相继发布公告，宣布对旗下石油相关LOF基 金交易时间、申购金额进行调整。 易方达基金公告，为了保护投资者的利益，本基金将于2026年1月30日开市起至当日10:30停牌，自2026 年1月30日10:30复牌。 广发基金公告，为维护投资者利益，基金将于2026年1月30日开市起至当日10:30停牌，自 2026年1月30 日10:30 复牌。同时，广发基金决定，自2026年1月30日起，广发道琼斯美国石油开发与生产指数证券 投资基金（QDII-LOF）人民币份额调整投资者单日单个基金账户申购（含定期定额和不定额投资）及 转换转入本基金该类基金份额的业务限额为10.00元。 （文章来源：21世纪经济报道） 华安基金公告，为维护投资者利益，本基金将于2026年1月30日开市起至当日10:30停牌，自2026年1月 30日10:30复牌。值得注意的是，该基金公告称，自1月30日起暂停大额申购及大额定期定额投资业务， 每日累计投资限额降至2元。 嘉实基金公告，为了保护基金份额持有人的利益，基金将于2026年1月30日开市起至当日10:30停牌。 ...

Core Viewpoint - A significant surge in prices has led to multiple fund companies and listed companies announcing suspensions and risk warnings, indicating potential market volatility and investor caution. Group 1: Fund Suspensions - Guotou Silver LOF announced a suspension from January 30, 2026, due to a price surge exceeding 130% since the beginning of the year, with a premium rate reaching 64.26% [2][3] - Four oil funds, including GF Dow Jones U.S. Oil Development and Production Index Fund, will suspend trading for one hour on January 30, 2026, due to significant price premiums [4] - Huaan S&P Global Oil Index Fund will also suspend trading on January 30, 2026, and limit daily investment amounts to 10.00 yuan [5][6] Group 2: Risk Warnings from Gold and Silver Companies - China Gold reported a high price-to-earnings ratio of 55.63, significantly above the industry median of 28.60, indicating potential overvaluation and market sentiment risks [9] - Zhaojin Gold highlighted risks related to gold price fluctuations and operational challenges in overseas projects, particularly in Fiji, which may impact performance [10] - White Silver Company experienced a stock price deviation of 113.48% over ten trading days, indicating severe price volatility despite no significant changes in fundamentals [11]