截至上午收盘，场内跟踪中证A500指数的ETF涨超1%。其中，有8只中证A500相关ETF成交额超1亿元，2只超47亿元。A500ETF华泰柏瑞、A500ETF基金早 盘成交额分别为58.58亿元、47.86亿元。 有券商表示，A股市场处于震荡格局，核心观测变量在于短期风险偏好的变化。春节期间全球市场普涨，对A股的风险偏好有所提振；日历效应上，A股在 春节后市场表现历史胜率较高。综合来看，市场有望延续节前反弹节奏。 市场早盘高开回落，随后又震荡回升，中证A500指数上涨1.55%。从板块来看，油气股集体大涨，化工板块爆发，贵金属概念走高；下跌方面，影视院线概 念集体调整。 | 代码 | 名称 | 现价 | 涨跌幅 | IOPV 溢折率 换手率 | 成交金 | | --- | --- | --- | --- | --- | --- | | 563360 | A500ETF华泰柏瑞 | 1.324 | 1.46% | 1.3259 -0.14% 13.23% | 58. | | 512050 | A500ETF基金 | 1.247 | 1.46% | 1.2494 -0.19% 12.63% | 47. | | ...

截至2026年2月24日 11:13，创业板人工智能ETF南方(159382)上涨2.66%，盘中换手5.51%，成交1.26亿 元。跟踪指数创业板人工智能指数成分股润泽科技上涨15.23%，天孚通信上涨14.94%，北京君正上涨 14.34%，长芯博创，中际旭创等个股跟涨。 创业板人工智能ETF南方(159382)紧密跟踪创业板人工智能指数，创业板人工智能指数反映创业板人工 智能主题相关上市公司的股价变化情况。指数前十大权重股分别为中际旭创、新易盛、天孚通信、蓝色 光标、润泽科技、协创数据、北京君正、昆仑万维、同花顺、深信服。 创业板人工智能ETF南方(159382)，场外联接(A类：024725；C类：024726)。 消息面上，2026年春晚成为AI大厂竞逐超级入口的关键战场，字节跳动、阿里巴巴、腾讯、百度等头 部企业深度参与冠名、红包及技术支撑，将AI能力嵌入节目制作、实时互动与生活服务场景，旨在通 过国民级窗口教育用户、培养使用习惯。 开源证券认为，展望2026年，AI"虹吸效应"显著，全球AI或继续共振。海外方面，谷歌、Meta等巨头 不断上调AI资本开支指引，谷歌Gemini等大模型Tokens ...

从五矿新能十大流通股东角度 数据显示，南方基金旗下1只基金位居五矿新能十大流通股东。南方中证1000ETF（512100）三季度减 持10.41万股，持有股数1058.08万股，占流通股的比例为0.55%。根据测算，今日浮盈赚取约550.2万 元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模789.96亿。今年以来收益8.02%，同类 排名1604/5580；近一年收益33.83%，同类排名1868/4297；成立以来收益23.54%。 2月24日，五矿新能涨5.02%，截至发稿，报10.87元/股，成交2.90亿元，换手率1.41%，总市值209.71亿 元。 南方中证1000ETF（512100）基金经理为崔蕾。 资料显示，五矿新能源材料(湖南)股份有限公司位于湖南省长沙市岳麓区沿高路61号，成立日期2002年 6月18日，上市日期2021年8月11日，公司主营业务涉及高效电池正极材料研发、生产和销售。主营业务 收入构成为：正极材料97.76%，原材料销售1.63%，其他0.61%。 截至发稿，崔蕾累计任职时间7年111天，现任基金资产总规模1370.2亿元，任职期间最佳 ...

Group 1 - The core logic of the current gold sector is built on the interplay of risk aversion and stagflation trading, with short-term fluctuations due to the Fed's interest rate expectations and long-term support from geopolitical tensions and tariff policy confusion [2][3] - The Southern Gold ETF (159834) has shown a significant increase of 4.14%, with trading volume reaching 54.14 million yuan, reflecting strong market interest [1] - The gold industry is entering a favorable development cycle characterized by rising prices and profits, with many companies expected to report improved earnings in 2025, indicating a comprehensive improvement in the industry's profitability [3] Group 2 - The Southern CSI Gold Industry Stock Index Fund (A Class: 021958; C Class: 021959) closely tracks the CSI Gold Industry Index, which covers leading companies across the entire gold industry chain, providing opportunities to share in industry growth [2] - Gold stocks are seen as amplifiers of gold price fluctuations, with the current bull market presenting strong investment opportunities due to the positive fundamentals of gold companies [3] - The Southern Gold ETF (159834) is designed to closely track the spot price of gold, offering high transparency and liquidity, supporting T+0 intraday trading [3]

（3）新能源及小金属板块：新能源及小金属受假期效应影响交投平淡。锂板块矿端点价相对活跃，下 游已完成部分节前补库，后续方向有赖于电动车及储能终端增速的验证；镍板块受印尼产业政策落地及 矿端紧缺预期影响，成本重心上移形成底部支撑。稀土市场因节假日询报价热度降低，下游磁材需求偏 弱致成交受限，但随着金融属性对该板块的渗透加深，后续价格波动的弹性或将有所放大。 截至2026年2月24日 10:44，有色金属ETF(512400)上涨3.69%，盘中换手2.13%，成交8.02亿元。跟踪指 数中证申万有色金属指数成分股白银有色上涨10.03%，铂科新材上涨8.23%，铜陵有色上涨7.80%，永 兴材料，兴业银锡等个股跟涨。 有色金属ETF(512400)紧密跟踪中证申万有色金属指数，中证申万有色金属指数从沪深市场申万有色金 属及非金属材料行业中选取50只上市公司证券作为指数样本，以反映沪深市场有色金属行业上市公司证 券的整体表现。指数前十大权重股分别为紫金矿业、洛阳钼业、北方稀土、中国铝业、华友钴业、中金 黄金、山东黄金、兴业银锡、赣锋锂业、赤峰黄金。 春节期间海外有色金属市场整体呈现偏强震荡格局，三方面因素共同重塑 ...

机构表示，黄金股作为金价波动的弹性放大器，在本轮大牛市中展现出更强的盈利爆发力与投资机遇。 黄金股基本面的持续向好，推动黄金产业端进入量价齐升的优质发展周期。一方面，金价创下历史新 高，直接增厚黄金矿企的利润空间，黄金企业2025年业绩表现亮眼，多家公司披露的业绩预告显示实现 盈利增长或扭亏为盈，直观印证行业盈利端的全面改善。 另一方面，矿企加速推进资源整合与产能布局，通过大额海外资产收购、资源储量挖潜及核心项目投产 等举措，强化多元资源布局以赋能业绩增长，同时企业发布2026年金矿产量指引，明确产能目标，为行 业基本面提供稳定支撑。简单来说，金价涨 → 利润增 → 估值抬 → 股价爆发，黄金股或正站在"量价齐 升"的黄金周期上。 截至2026年2月24日 10:39，金ETF南方(159834)上涨4.14%，盘中换手2.89%，成交5414.48万元。 消息面上，春节假期期间，黄金受美联储鹰派表态短暂调整后，再度大幅上涨，伦敦金涨约3%，再度 站上5200美元/盎司。 机构分析指出，宏观环境不确定性显著攀升，成为主导黄金市场的核心变量。地缘层面，美伊摩擦存在 极高的升级风险，美方发出的期限通牒及潜在的军事 ...

Group 1 - The core viewpoint of the article highlights the increase in the number of public funds receiving ratings from JIAN Fund Evaluation Center, with a total of 9,074 funds rated in the fourth quarter, an increase of 203 from the previous quarter [1] - A total of 937 funds received a five-star rating, categorized by type: 32 money market funds, 198 pure bond funds, 33 first-level bond funds, 46 second-level bond funds, 393 mixed funds, 47 stock funds, 7 closed-end funds, 137 index funds, 15 QDII funds, and 29 FOF funds [1] Group 2 - The second-level bond funds can invest in the secondary market for stocks and convertible bonds, focusing on profitability, performance stability, and risk resistance [2] - The top three companies with five-star rated second-level bond funds are Huashang Fund, China Merchants Fund, and Invesco Great Wall Fund, with Huashang having four five-star rated funds [2] - Notable five-star rated second-level bond funds include Huashang's "Fengli Enhanced Regular Open Bond," "Convertible Bond," and "Credit Enhanced Bond," as well as Invesco's "Jingsheng Dual Income Bond" and "Jingyi Fengli Bond" [2][3] Group 3 - As of the end of the fourth quarter of 2025, twelve fund management companies have five-star rated second-level bond funds, including Huashang Fund, China Merchants Fund, Xingyin Fund Management, Bosera Fund, and Invesco Great Wall Fund [3]

市场概况 | 代码 | 基金名称 | | --- | --- | | 511360.SH | 海富通中证短融ETF | | 513130.SH | 恒生科技 | | 511380.SH | 博时可转债ETF | | 518880.SH | 华安黄金ETF | | 513090.SH | 易方达中证香港证券投资主题(消 | | 513180.SH | 华夏恒生科技ETF(QDI | | 159915.SZ | 易方达创业板ETF | | 513050.SH | 易方达中证海外中国互联网50(( | | 513330.SH | 华夏恒生互联网科技业ETF | | 512880.SH | 国泰中证全指证券公司E | 2月13日两市ETF两融余额为1158.64亿元，较前一交易日减少94.83亿元。其中融资余额为1083.67亿元，较前一交易日减少94.54亿元；融券余额为74.97亿 元，较前一交易日减少2962.5万元。 分市场来看，沪市ETF两融余额为809.22亿元，较前一交易日减少86.62亿元。其中融资余额为743.54亿元，较前一交易日减少86.57亿元；融券余额为65.68 亿元，较前一交易日减少41 ...

Core Viewpoint - Lu Yushan from Southern Fund is recognized for her ability to navigate market cycles with a "balanced growth" investment philosophy, focusing on selecting great companies at reasonable prices rather than relying on single-sector bets [1] Investment Philosophy - The core of Lu Yushan's investment framework is to identify great companies in the main industry channels, integrating macroeconomic insights with in-depth company analysis [1] - Her methodology combines top-down and bottom-up approaches, tracking macroeconomic trends while conducting rigorous financial analysis and field research to quantify a company's competitive advantages [1] - Lu Yushan has a unique understanding of "innovation," assessing its true value from practical angles of "experience improvement" and "cost optimization," aiming to buy at reasonable prices with a high margin of safety [1] Investment Style - Lu Yushan's "balanced growth" style emphasizes both growth potential and reasonable or even low valuation levels when selecting stocks, focusing on opportunities that are temporarily overlooked or in a turnaround phase [2] - The two foundational principles of her style are balance and diversification, aimed at reducing net asset value volatility and adapting to rapid market style rotations [2] - She places significant emphasis on maintaining stable net asset values, striving for long-term resilience rather than short-term explosive growth [2] Evidence of Philosophy - Lu Yushan's investment philosophy is reflected in her management of the Southern Core Competitive Mixed Fund, where she adjusted her strategy in response to market conditions, focusing on low-valuation cyclical industries to capture absolute return opportunities [3] - In her fourth-quarter report for 2025, she maintained her investment approach by not fixating on past hot sectors but instead adapting to changes in industry prosperity and optimizing her portfolio structure [3] - Throughout her investment career, Lu Yushan has consistently demonstrated a calm, long-term approach, using deep research to replace trend chasing and balanced allocation to mitigate single risks [3]

2月24日，长盛轴承涨5.02%，截至发稿，报86.97元/股，成交1.99亿元，换手率1.19%，总市值259.85亿 元。 资料显示，浙江长盛滑动轴承股份有限公司位于浙江省嘉善县惠民街道鑫达路6号，成立日期1995年6月 14日，上市日期2017年11月6日，公司主营业务涉及自润滑轴承及高性能聚合物的研发、生产及销售。 主营业务收入构成为：金属塑料聚合物自润滑卷制轴承48.26%，双金属边界润滑卷制轴承25.44%，金 属基自润滑轴承23.51%，其他(补充)2.79%。 从长盛轴承十大流通股东角度 数据显示，南方基金旗下1只基金位居长盛轴承十大流通股东。南方中证1000ETF（512100）三季度减 持9600股，持有股数109.22万股，占流通股的比例为0.56%。根据测算，今日浮盈赚取约454.36万元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模789.96亿。今年以来收益8.02%，同类 排名1604/5580；近一年收益33.83%，同类排名1868/4297；成立以来收益23.54%。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累 ...