◎记者 赵明超 值得一提的是，主动权益类基金频现比例配售。其中，招商均衡优选混合基金设置了50亿元的募集规模 上限，最终认购申请确认比例仅为56.67%。华商港股通价值回报混合基金一日售罄，募集规模上限为 10亿元，认购申请确认比例为32.95%。类似的还有博道惠泓价值成长混合基金，一日结束募集，认购 申请确认比例为70.78%。 公募发力长假后的新基金发行市场。数据显示，68只基金定档长假后发行，其中权益类基金达52只。从 近期基金的发行情况看，随着市场持续回暖，基金发行热度提升，9月新基金发行规模超过1600亿元， 创下年内新基金发行规模月度新高，多只权益类基金一日售罄。在业内人士看来，居民资金借道基金入 市的热情提升，更多爆款基金值得期待。 权益类基金唱主角 从新发基金类型来看，权益类基金成为新发"主力军"。具体而言，68只新基金中，52只为权益类基金。 其中，34只基金为权益类指数基金，涵盖机器人、创业板人工智能、中证A500红利低波动、中证500、 科创板50等指数。 数十只新基金整装待发。据Choice统计，截至10月8日，根据已发布的基金份额发售公告，自10月9日开 始，将有68只基金陆续启动发 ...

Group 1 - The core viewpoint of the articles indicates a significant increase in the issuance of public funds in the first three quarters of the year, with a total issuance scale of 912.907 billion yuan, representing a year-on-year growth of 4.54% [1][3] - Equity funds have overtaken bond funds as the main contributors to new issuances, with equity funds accounting for 47.99% of the total issuance, while bond funds accounted for 43.12% [3][4] - The largest single fund issued this year is the "Oriental Red Yingfeng Stable Allocation 6-Month Holding Period Mixed Fund (FOF)" with a total issuance scale of 6.573 billion yuan [3] Group 2 - The total scale of public funds has been on the rise, surpassing 36 trillion yuan, with equity funds showing significant growth, particularly stock funds which increased by 12.76% to reach 5.55 trillion yuan [4] - A total of 132 new funds ended their fundraising early during the third quarter, indicating strong market demand [5] - The current trend of new equity fund issuance is expected to continue, driven by a strong capital market and improved investor sentiment, particularly in sectors like technology and Hong Kong stocks [6][7]

见习记者丨刘夏菲 编辑丨叶映橙 随着市场行情回暖、资金活跃度提升，权益类基金的赚钱效应正在凸显。Wind数据显示，截至9月18 日，超97%的权益类基金今年实现正收益，其中81只基金实现业绩翻番。偏股基金指数、股票基金指数 均创近三年新高，年内涨幅超过26%，近一年来涨幅超过55%。 不过，全市场权益类基金众多，不妨看看机构、基金管理公司和公司内部员工的"作业"怎么做。 21财经·南财快讯记者梳理上半年公募基金持有人结构发现，以上三类主体基金各有不同布局偏好。具 体来看，机构资金重金"押注"沪深300ETF，同时大量加仓港股通科技主题ETF；基金公司真金白银加仓 旗下养老FOF，以自有资金自购传递对长期布局的信心；基金公司员工持仓则兼顾价值与成长风格，对 行业ETF联接产品关注升温。 2025年上半年 机构投资者持有权益基金情况 看机构投资者持有金额： 机构重金"押注"沪深300ETF 2025年上半年，宽基ETF成为机构们重金持有的主流。截至上半年末，机构投资者持有金额最高的20只 权益类基金均为ETF产品，且宽基ETF占据绝大多数。 2025年上半年机构投资者持有金额TOP20权益基金 | | 机构投资者 ...

见习记者丨 刘夏菲 编辑丨叶映橙 随着市场行情回暖、资金活跃度提升，权益类基金的赚钱效应正在凸显。Wind数据显示， 截 至9月18日，超97%的权益类基金今年实现正收益，其中81只基金实现业绩翻番 。偏股基金指 数、股票基金指数均创近三年新高，年内涨幅超过26%，近一年来涨幅超过55%。 不过，全市场权益类基金众多，不妨看看机构、基金管理公司和公司内部员工的"作业"怎么 做。 数据说明: 1. 权益基金在此包含:普通股票型、被动指数型、增强指数型、偏股混合型、灵活配置型 、平衡混合型、QDII股票型、QDII混合型、股票型FOF、混合型FOF基金; 2. 多份额类型基金合并计算规模数据,此处仅展示合并规模1亿元以上的基金,且优先展示 A类: 3. 今年以来收益率以复权单位净值增长率计算,数据截至9月18日。 21财经·南财快讯记者梳理上半年公募基金持有人结构发现，以上三类主体基金各有不同布局 偏好。具体来看，机构资金重金"押注"沪深300ETF，同时大量加仓港股通科技主题ETF；基 金公司真金白银加仓旗下养老FOF，以自有资金自购传递对长期布局的信心；基金公司员工持 仓则兼顾价值与成长风格，对行业ETF联接 ...

随着A股市场行情活跃，权益类基金"上新"速度也开始加快，特别是一些主动权益类基金再次受到市场 关注。不过，从"上新"产品来看，其主题方向很少与热点行业相关，而是红利、消费类主题的基金，例 如近期启募的安信红利量化选股、招商消费悦享、万家周期视野等。 《每日经济新闻》记者注意到，事实上，从最近3个月成立的新基金来看，业绩靠前的主动权益类基金 中，已有不少提前布局周期、红利、消费行业。 此外，近期市场出现"高切低"迹象，有不少机构观点认为，前期快速上涨的科技成长方向或再次迎来分 化；与此同时，一些偏低位的电力设备、食品饮料等行业将迎来新的布局机遇。 内外环境利好权益资产 据统计，9月以来（9月1日~9月15日，下同），已有72只公募基金开启认购，有的产品发售当天就结束 募集。 公募排排网数据显示，9月以来，全市场共有119只新基金开启募集，与8月同期的84只相比，增幅达到 41.67%。与此同时，新基金认购周期也明显缩短，9月以来的新品平均认购天数为12.76天，较8月同期 的17.42天减少近5天。 《每日经济新闻》记者注意到，权益类基金是新发市场的主力。公募排排网数据显示，9月以来，共有 77只权益类基金开启 ...

Market Overview - The A-share market exhibited a fluctuating upward trend from September 8 to September 12, with chip and semiconductor-related ETFs leading the gains, two of which rose over 10% [1][2] - A total of 1,095 ETFs in the market achieved positive returns during the same period, with over 80% of products showing positive performance [2] ETF Performance - The lithium battery ETF (561160) recorded the highest increase of 17.74% since the beginning of September, along with four other battery-related ETFs that saw approximately 17% growth [1][2] - The semiconductor ETFs, particularly the China-Korea Semiconductor ETF, had the highest weekly increase of 10.41%, while several other related ETFs exceeded 8% [2] Fund Flows - The overall ETF market experienced a net inflow of 6.946 billion yuan from September 8 to September 12, with stock-type ETFs being the main contributors to this inflow [3] - The top ten ETFs by net inflow were all stock-type ETFs, with significant contributions from two Hong Kong-related ETFs, each exceeding 3.5 billion yuan in net inflow [3] New Fund Issuance - There has been a noticeable acceleration in the issuance of new funds, with over ten new funds ending their fundraising early in September, some achieving over 1 billion yuan in initial fundraising [4][5] - Several funds, including the Huashang Hong Kong Stock Value Return Mixed Fund, sold out on the first day of issuance, indicating strong market demand [4][5] Market Sentiment - The early closure of multiple new funds is attributed to a market rebound and the fulfillment of fundraising expectations, with fund managers aiming to establish funds quickly to provide investment tools for investors [5] - The current trend shows a batch of funds with short fundraising periods, with many funds setting their fundraising periods to less than ten days [5]

Banking Wealth Management Products - A total of 1,241 new wealth management products were launched from August 23 to September 5, 2025, with an average performance benchmark of 2.50%[11] - The proportion of fixed-income products slightly decreased from 98.36% to 97.74%[11] - Wealth management companies issued 900 products, accounting for 72.52% of the total, with an average performance benchmark of 2.54%[11] Fund Products - 80 new public funds were established, with a total issuance scale of 557.78 billion units, a 67.71% increase from the previous period[24] - Stock funds accounted for 49.29% of the new issuance scale, with 52 new funds totaling 274.94 billion units[25] - Mixed funds saw a significant increase, with 16 new funds totaling 175.03 billion units, a 170.20% increase[25] Insurance Products - 317 new insurance products were launched, representing a 268.60% increase compared to the previous period[3] - Life insurance products accounted for 193 new issuances, up 232.76% from 58 in the previous period[3] - Annuity insurance saw 124 new products, a 342.86% increase from 24 in the previous period[3]

Group 1 - The core viewpoint of the articles highlights a significant increase in the issuance of equity funds in August, with over 60% of new funds being equity-based [1][2] - In August, a total of 140 new funds were established, with a total issuance scale exceeding 100 billion yuan, marking a month-on-month growth of 6.62% [1] - The average issuance per fund in August was approximately 729 million units, reflecting a month-on-month increase of 2.8% [1] Group 2 - In August, 85 stock funds were issued with a total issuance of 47.19 billion units, accounting for about 46.25% of the total [1] - The issuance of mixed funds in August included 24 funds with a total of 14.36 billion units, representing about 14.07% of the total [1] - The issuance of stock funds has shown a continuous recovery over the past three months, with figures of 22.45 billion units in June, 35.55 billion units in July, and 47.19 billion units in August [1] Group 3 - The top three equity funds by issuance scale in August were E Fund Value Return, Orient Securities Hong Kong Stock Connect High Dividend Investment Index, and E Fund National Growth 100 ETF, with issuance scales of 2.343 billion yuan, 1.899 billion yuan, and 1.772 billion yuan respectively [2] - In the first week of September, the issuance of public funds increased again, with 42 new funds launched, a week-on-week increase of 44.83% [2] - In the first week of September, equity funds accounted for 76.19% of the new funds, with 32 out of 42 being equity funds [2] Group 4 - The demand for equity funds is driven by an increase in residents' wealth allocation preferences towards the stock market and public funds, with a growing willingness to invest [2] - Institutional long-term capital is also being attracted to equity funds due to their strong performance, further boosting public fund issuance [2] - Market analysts note that while certain sectors like AI may show signs of overheating, the overall A-share market continues to exhibit significant structural differentiation [2]

Group 1 - The overall performance of public fund companies is improving, with large and medium-sized firms showing significant recovery, while small and medium-sized firms still face operational pressure [2][3] - Huaxia Fund reported a revenue of 4.258 billion yuan, a year-on-year increase of 16.05%, and a net profit of 1.123 billion yuan, up 5.74% [2] - Silver Hua Fund ended three consecutive years of operational decline, achieving a revenue of 1.346 billion yuan, a 0.81% increase, and a net profit of 284 million yuan, up 11.74% [2] Group 2 - Donghai Fund reported a revenue of 32.69 million yuan but incurred a net loss of 936,100 yuan, primarily due to losses from its subsidiary [3] - Nanhua Fund's revenue fell over 35% to 24.02 million yuan, with a net loss of 6.1792 million yuan, accumulating losses close to 120 million yuan since its establishment [3] - The A-share market has shown signs of recovery, with over 96% of equity funds achieving positive returns this year, and more than 20 funds seeing over 100% growth [4] Group 3 - The average daily trading volume in the A-share market increased to 19.5 trillion yuan, indicating improved investor sentiment [4] - The financing balance in the A-share market continues to rise, reflecting optimistic views on future market trends [4] - Public funds are expected to increase their holdings in A-shares significantly over the next three years, with a minimum annual increase of 10% in A-share circulation value [4] Group 4 - Morgan Stanley Fund is optimistic about three investment directions: technology growth, Chinese manufacturing, and new consumption [5] - Growth style is expected to outperform value style due to improved market sentiment and favorable mid-term outlook [5] - Small-cap stocks may outperform large-cap stocks in the short term due to high beta attributes and ample market liquidity [5]

Core Viewpoint - The A-share market has shown strong performance, leading to increased investor confidence and accelerated fundraising activities in equity funds [1][3]. Group 1: Fundraising and Market Activity - Multiple equity funds have completed fundraising ahead of schedule, indicating high investor demand, with some funds raising their target amounts in just one day [2][3]. - The recent trend shows that over 60 equity funds have been established since August, with many new funds experiencing significant net asset value (NAV) growth shortly after inception [3][4]. Group 2: Fund Management and Investment Strategy - Fund managers are actively increasing their equity positions, with average stock holdings reaching high levels; ordinary equity funds have an average equity position of approximately 91.41% [4]. - The rapid deployment of capital by fund managers reflects a positive outlook on market conditions, which is expected to attract more incremental funds into the equity market [4]. Group 3: Market Outlook and Sector Focus - The market is currently driven by increased liquidity, with a preference for technology and small-cap stocks expected to outperform in the short term [5]. - Future investment strategies should focus on sectors with positive fundamental changes driven by policy, particularly technology, consumption, high-end manufacturing, and pharmaceuticals [6].