新的一月，天天基金又给 V2以上等级 用户发放了本月的满减券！ 可以直接使用，抵扣基金、投顾等各种产品的本金！ 也可以升级成更高金额但是只能买指定公司的产品 。 这个月参加升级福利的基金公司有国联安、华泰柏瑞、大成基金等。 卡券入口 从首页的" 签到赚积分 "进入积分中心，找到" 我的卡券 "。 点开后，就能看到可用卡券了。可以直接使用，也可以升级后使用。 以我的V5的账户为例，每月几百块的各种福利，能喝几十杯咖啡了！ 我的薅羊毛实操 账户里有很多C类份额的基金，都是薅羊毛的天选之子。 这个月我把卡券升级成了大成基金的券，比如 用50000-90的券买了大成的某基金，0手续费，直接抵扣了90块钱本金 。 这些年在天天基金薅羊毛赚了好多，最近两年的年度账单里都会统计羊毛总额， 大概每年都有几千块钱羊毛到手 。 这下账户里没什么现金了，所以 又卖出50000左右的大成某基金，等到账后下个月继续薅羊毛！ 卖出的时候，可以参考下"预估到账金 额"，看是不是正好能对应买入金额。 账户收益：不含羊毛 更绝的是，可以用天天基金的" 家庭账户 "功能方便管理和切换家人的多个账户，一起薅羊毛！ 不过可惜的是，累计收益里没统计羊 ...

市场早盘震荡调整，创业板指跌超1%，中证A500指数下跌0.49%。从板块来看，算力租赁概念集体爆发，有色金属板块反复活跃，AI编程概念走强；下跌 方面，半导体、通信概念走弱。 截至上午收盘，场内跟踪中证A500指数的ETF小幅下跌。其中，有10只中证A500相关ETF成交额超1亿元，2只超58亿元。A500ETF基金、A500ETF华泰柏瑞 早盘成交额分别为70.49亿元、58.21亿元。 每日经济新闻 有券商表示，中期来看，当前经济基本面、宏观政策、海外市场等暂不支持A股走出趋势性行情，建议合理控制仓位，静待宏观因素进一步明朗，等待市场 自发选择突破方向以及主线板块。 | 代码 | 名称 | 现价 | 涨跌幅 IOPV 溢折率 换手率 | 成交 | | --- | --- | --- | --- | --- | | 512050 | A500ETF基金 | 1.247 | -0.56% 1.2480 -0.08% 19.26% | | | 563360 | A500ETF华泰柏瑞 | 1.325 | -0.53% 1.3255 -0.04% 13.31% | | | 159338 | 中证A500ETF ...

Group 1 - The South Korea-China semiconductor ETF (513310) surged by 9.64%, leading the market, with a premium rate of 21.10% and a turnover rate exceeding 125% [1] - The semiconductor equipment sector continues to rise, driven by a sustained "supply-demand imbalance" in the global storage industry, which is expected to maintain its upward trend until after 2027 [1] - The strong performance of the semiconductor design sector is attributed to Nvidia's impressive earnings report and the confirmation of long-term resilience in AI computing demand, alongside accelerated domestic industry development and supportive policies [2] Group 2 - The short-term bond ETF (511360) recorded a transaction volume exceeding 66 billion yuan, ranking first in the market, while several A500 ETFs also saw significant trading volumes [2] - There has been a notable net inflow of funds into the Hang Seng Technology and Hong Kong internet-themed ETFs, indicating a reversal in market sentiment despite overall market fluctuations [3] - The market is expected to maintain a volatile upward trend, with large and mid-cap blue-chip stocks likely to outperform in the context of economic recovery [4]

ETF 配置系列（二）：宏观打分配置策略 [Table_Authors] 江涛(分析师) 以绝对收益为目标 多元配置为手段 本报告导读： 本文将在宏观打分模型下，在战略投资组合的基础上捕捉资产短期内景气度变化， 构建以绝对收益为目标的大类资产 ETF 配置策略。 投资要点： | | | 金 | | 021-23185672 | | --- | --- | | | jiangtao4@gtht.com | | 登记编号 | S0880525040067 | | | 倪韵婷(分析师) | | | 021-23185605 | | | niyunting@gtht.com | | 登记编号 | S0880525040097 | [Table_Report] 相关报告 高质量发展时代公募基金行业回顾与展望 2025.10.31 高质量发展时代公募基金行业回顾与展望 2025.10.29 恒生港股通科技主题指数投资价值分析 2025.10.15 "基"微成著系列（九） 2025.09.06 "基"海拾贝（四） 2025.08.05 证 券 研 究 报 告 请务必阅读正文之后的免责条款部分 基 金 评 价 基 专 题 报 ...

| 代码 | 名称 | 现价 | IOPV 溢折率 换手率 涨跌幅 | 成交 | | --- | --- | --- | --- | --- | | 512050 | A500ETF基金 | 1.255 | -0.08% 1.2556 -0.05% 20.71% | | | 563360 | A500ETF华泰柏瑞 | 1.333 | -0.22% 1.3335 -0.04% 12.45% | | | 159338 | 中证A500ETF | 1.262 | -0.08% 1.2633 -0.10% 14.33% | 6 | | 159352 | A500ETF南方 | 1.312 | 0.00% 1.3127 -0.05% 11.28% | | | 159361 | A500ETF易方达 | 1.286 | 0.00% 1.2852 0.06% 8.98% | 2 | | 159351 | A500ETF嘉实 | 1.268 | 0.08% 1.2682 -0.02% 9.92% | | | 563220 | 中证A500ETF富国 | 1.312 | 0.08% 1.3115 0.04% 5.25% | ...

一、ETF行业快讯 1.三大指数集体上涨，有色金属板块领涨市场 今日，三大指数集体上涨，上证综指上涨0.72%，深证成指上涨1.29%，创业板指上涨1.41%。多只有色金属板块ETF上涨，其中，稀土ETF易方达 （159715.SZ）上涨6.25%，稀土ETF（159713.SZ）上涨6.12%，稀土ETF（516780.SH）上涨6.08%。电子板块多只ETF下跌，科创芯片设计ETF （588780.SH）下跌0.99%，信创ETF广发（159539.SZ）下跌0.94%，信创ETF（159537.SZ）下跌0.81%。 中信证券表示，金属行业供应端扰动的频度和烈度加剧，钴、锡、锂、铜、镍等品种受扰动影响价格显著上涨。需求侧，电网投资、储能电池、AI服务器 等领域需求有望延续高景气，结构性的需求韧性依然较强。且贸易争端下的囤货诉求也带来了需求的放大效应，铜、锂、稀土等品种有望受益于需求走强实 现价格上涨。 2.股票ETF马年开市首日资金净流入56亿元 据中国基金报，马年开年，市场做多热情高涨，股票ETF也获资金积极加仓。据银河证券基金研究中心数据统计，2月24日，全市场股票ETF（含跨境ETF） 资金净流入 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：泓湖投资 近期，多只主要宽基指数的ETF基金出现成交量显著放大、场内份额明显减少的现象，引发市场关注。 由于这些ETF基金的主要持有人包含中央汇金资产管理有限责任公司和中央汇金投资有限责任公司（以 下统称"汇金"），因此市场参与者普遍猜测，此前在2024年及2025年参与稳定市场的汇金正在陆续退出 这些ETF基金。 以华泰柏瑞、易方达、华夏、嘉实沪深300ETF（以下简称"四大沪深300ETF"）为例，2025年年末时， 汇金持有的基金份额占比均超过80%，汇金以外的其他持有人持有的基金份额占比相对较少。 | 沪深300ETF华泰柏瑞 (510300.SH) | | 2023年末 2024年中 2024年末 2025年中 | | | 2025年末(*) | | --- | --- | --- | --- | --- | --- | | 中央汇金资产管理有限责任公司 | 未出现 | 7.28 | 266.21 | 378.58 | 378.58 | | 中央汇金投资有限责任公司 | ...

Report Industry Investment Rating - No investment rating information is provided [1] Core Viewpoints - During the pre - holiday week from February 9th to February 13th, 2026, most major equity market indices rose, with the Science and Technology Innovation 50 having the largest increase of 3.37%. Among the 31 Shenwan primary industries, 18 industries rose, and the top five industries in terms of increase were comprehensive, computer, electronics, media, and building materials; the top five industries in terms of decline were textile and apparel, food and beverage, beauty care, agriculture, forestry, animal husbandry, and fishery, and commercial trade [1][12] - The overall capital of the ETF market had a net outflow of 1.3179 billion yuan during the pre - holiday week. Structurally, stock - type ETFs had a relatively large net outflow of 48.694 billion yuan. In terms of liquidity, the average daily trading volume of the overall ETF market reached 450.855 billion yuan, the average daily trading volume reached 162.268 billion shares, and the average daily turnover rate reached 7.24% [3][47] - In the pre - holiday week, 8 new funds were issued, 25 less than the previous period; 64 new funds were established, 24 more than the previous period. New funds raised a total of 58.33 billion yuan, 27.471 billion yuan more than the previous period [4][60] Summary by Directory 1. Market Review 1.1 Domestic Market Situation - During the pre - holiday week from February 9th to February 13th, 2026, most major equity market indices rose, with the Science and Technology Innovation 50 rising by 3.37%. Among the 31 Shenwan primary industries, 18 industries rose, and the top five industries in terms of increase were comprehensive, computer, electronics, media, and building materials; the top five industries in terms of decline were textile and apparel, food and beverage, beauty care, agriculture, forestry, animal husbandry, and fishery, and commercial trade. In the bond market, the ChinaBond Composite Full - Price Index rose by 0.11%, the ChinaBond Treasury Bond, Financial Bond, and Credit Bond Total Full - Price Indices rose between 0.06% and 0.13%, and the CSI Convertible Bond Index rose by 1.08%. In the commodity market, the Nanhua Commodity Index fell by 0.23% [12] 1.2欧美及亚太市场情况 - During the pre - holiday week, the major indices in the European, American, and Asia - Pacific markets rose and fell differently. In the US stock market, the S&P 500 index rose by 2.41%, the Dow Jones Industrial Average fell by 1.15%, and the Nasdaq index fell by 2.10%. In the European market, the French CAC40 rose by 0.46% and the German DAX rose by 0.78%. In the Asia - Pacific market, the Hang Seng Index rose by 0.03% and the Nikkei 225 rose by 4.96% [20] 1.3 Market Valuation Situation - During the pre - holiday week, the valuation quantiles of most major market indices rose. In terms of the historical quantiles of price - to - earnings ratio, the Science and Technology Innovation 50 had the highest increase, rising by 3.5 percentage points; in terms of the historical quantiles of price - to - book ratio, the Science and Technology Innovation 50 also had the highest increase, at 3.8 percentage points. Among industries, the top five industries with the highest historical quantiles of price - to - earnings ratio of the Shenwan primary index during the pre - holiday week were real estate, electronics, comprehensive, building materials, and chemical industry. The price - to - earnings ratio quantile of the real estate industry remained at a high level, and the price - to - earnings ratio quantile of the electronics industry reached 95.2%. The bottom five industries with low historical quantiles of price - to - earnings ratio were non - bank finance, agriculture, forestry, animal husbandry, and fishery, food and beverage, beauty care, and communication. The valuation of the non - bank finance industry was close to its historical low since 2013 [24] 2. Active - type Public - offering Fund Situation - Market hotspots: The Shanghai Stock Exchange and the Shenzhen Stock Exchange respectively released the "ETF Industry Development Report (2026)" and the "ETF Market Development White Paper (2025)". In 2025, the Chinese ETF market achieved a historical leap, with the total scale of domestic ETFs exceeding 6.02 trillion yuan, an annual increase of 62%. The scale of Shanghai - listed ETFs reached 4.2 trillion yuan, with the trading volume ranking first in Asia; the scale of Shenzhen - listed ETFs reached 1.79 trillion yuan, a year - on - year increase of 79%. The net inflow of funds into the domestic ETF market exceeded 1.16 trillion yuan, with Shanghai accounting for more than 65%. Four ETFs had a dividend scale of over 1 billion yuan [2][32][35] - Fund performance: The equity market oscillated and recovered. Among them, equity - biased funds had the largest increase, with an average increase of 1.48% and a positive return ratio of 75.86%; fixed - income + funds increased by an average of 0.28% with a positive return ratio of 87.14%; pure - bond funds increased by an average of 0.10% with a positive return ratio of 99.24%; pension - target FOFs increased by an average of 1.14% with a positive return ratio of 100.00%. In addition, QDII funds increased by an average of 0.72% with a positive return ratio of 51.70% [2] - Through the calculation of the industry positions of active equity funds, during the pre - holiday week, the industries with the highest increase in positions were building materials, comprehensive, and petroleum and petrochemical; the industries with the highest decrease in positions were electronics, pharmaceutical biology, and real estate. The overall position of active equity funds on February 13, 2026, was 76.37%, a decrease of 3.32 percentage points compared with the previous period [2][43][44] 3. ETF Fund Situation - During the pre - holiday week, the overall capital of the ETF market had a net outflow of 1.3179 billion yuan. Structurally, stock - type ETFs had a relatively large net outflow of 48.694 billion yuan. In terms of liquidity, the average daily trading volume of the overall ETF market reached 450.855 billion yuan, the average daily trading volume reached 162.268 billion shares, and the average daily turnover rate reached 7.24% [3][47] - In terms of individual bonds, during the pre - holiday week, broad - based indices such as the CSI A500, CSI 300, SSE Science and Technology Innovation 50 Component, and CSI Small - cap 500 Index showed a net outflow of funds, among which the net outflow of funds from the CSI A500 index exceeded 15 billion yuan. In contrast, sectors such as short - term financing, urban investment bonds, Hang Seng Technology, Internet, and robotics were the main capital inflow varieties [3][55] 4. Fund Issuance Situation Statistics - During the pre - holiday week, 8 new funds were issued in China, 25 less than the previous period; among them, there were 2 active equity - biased funds and 2 passive index funds. The two passive index funds were both stock - type, mainly tracking the CSI Hong Kong Stock Connect Technology and CSI A500 indices. Currently, the issuance share of active equity funds is still at a historical low, but there has been an obvious upward trend since this year [57] - During the pre - holiday week, 64 new funds were established in China, 24 more than the previous period. New funds raised a total of 58.33 billion yuan, 27.471 billion yuan more than the previous period; among them, the Peng'an Antai Interest - rate Bond A managed by Sun Chenge and Cai Yufei had the largest raised scale, about 6 billion yuan [60]

2月24日，市场冲高回落，创业板指盘中一度涨超2%，沪指放量收涨0.87%。在此背景下，红利低波 ETF华泰柏瑞（512890）全天上涨0.43%，报收1.172元，换手率1.72%，成交额5.15亿元，居同类ETF首 位。 | 代码 | 名称 现价 涨跌幅 IOPV 溢折率 换手率 成交金额 = 5日涨跌幅 ( | | --- | --- | | 512890 | 红利低波ETF华泰柏 1.172 0.43% 1.1719 0.01% 1.72% 5.15亿 -0.76% | | 563020 | 红利低波ETF易方达 1.196 0.67% 1.1936 0.20% 2.16% 1.35亿 -0.58% | | 159547 | 红利低波ETF华夏 1.211 0.67% 1.2099 0.09% 8.36% 7332.62万 -0.66% | | 159525 红利低波ETF | 1.096 0.55% 1.0942 0.16% 9.17% 4063.64万 -0.63% | | 560150 | 红利低波ETF泰康 1.137 0.62% 1.1368 0.02% 0.48% 403.49万 -0.8 ...

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. | | ...