Core Insights - The total trading volume of non-monetary ETFs reached 260.816 billion yuan, with 53 ETFs exceeding 1 billion yuan in trading volume [1] - The top three ETFs by trading volume were Credit Bond ETF, Hong Kong Securities ETF, and Short-term Bond ETF, with volumes of 17.727 billion, 15.756 billion, and 14.563 billion yuan respectively [1] - The highest turnover rates were recorded by the Benchmark National Debt ETF, Hong Kong Securities ETF, and Hang Seng Innovation Drug ETF, with rates of 415.24%, 151.82%, and 96.86% respectively [1][7] Trading Volume and Performance - The Credit Bond ETF (511200.SH) has a latest share size of 220 million, closely tracking the Shanghai Market Company Bond Index [1] - The Hong Kong Securities ETF (513090.SH) has a latest share size of 5.377 billion, tracking the Hong Kong Securities Index, and increased by 3.72% today [2] - The Hang Seng Innovation Drug ETF (520500.SH) has a latest share size of 460 million, tracking the Hang Seng Innovation Drug Index [2] ETF Rankings by Trading Volume - The top five ETFs by trading volume are: 1. Credit Bond ETF: 17.727 billion yuan [5] 2. Hong Kong Securities ETF: 15.756 billion yuan [5] 3. Short-term Bond ETF: 14.563 billion yuan [5] 4. Credit Bond ETF Boshi: 9.562 billion yuan [5] 5. Government Financial Bond ETF: 8.228 billion yuan [5] Turnover Rate Rankings - The top five ETFs by turnover rate are: 1. Benchmark National Debt ETF: 415.24% [7] 2. Hong Kong Securities ETF: 151.82% [7] 3. Hang Seng Innovation Drug ETF: 96.86% [7] 4. National Debt ETF 5-10 Years: 91.75% [7] 5. National Debt Government Bond ETF: 84.57% [7] Industry Theme ETFs - There are a total of 10 industry theme ETFs, primarily focused on the photovoltaic sector, including the Photovoltaic ETF, Photovoltaic 50 ETF, and Photovoltaic Leader ETF [8] - The Photovoltaic ETF (159863.SZ) has a latest share size of 520 million and increased by 5.30% today [8] - The top three ETFs by amplitude are: 1. Photovoltaic ETF: 5.96% [10] 2. Photovoltaic 50 ETF: 5.89% [10] 3. Photovoltaic Leader ETF: 5.88% [10]

Core Viewpoint - The article promotes an ETF investment competition organized by Shenwan Hongyuan Securities, aimed at encouraging learning through participation in the event. Group 1: Event Details - The competition registration period is from June 12 to August 29, 2025, with the official competition running from June 18 to September 5, 2025 [1]. - Participants can register by clicking the "Register Now" button on the event page and agreeing to the necessary risk disclosure and consent documents [2]. Group 2: Participation Requirements - To participate, investors must open a regular A-share account or an on-market fund account with Shenwan Hongyuan Securities by August 29, 2025, and have a risk tolerance level of C3 or above [3]. - There are no additional fees or asset threshold requirements for registration, and only one account per individual investor is allowed to register [3]. Group 3: Educational Support - The competition is designed to be beginner-friendly, with low investment thresholds and high transparency, making ETFs an ideal entry point for new investors [3]. - The event includes educational modules such as "Market Insights from Experts," "Competition Zone Educational Videos," and "ETF Financial Classroom" to help participants build a comprehensive knowledge framework for ETF investment [3]. Group 4: Professional Guidance - A professional advisory team will provide ongoing support throughout the competition, offering weekly insights and in-depth analysis of market trends and sector rotations to assist participants in making informed investment decisions [4].

Market Overview - Major industry ETFs in the US stock market mostly declined, with the Consumer Discretionary ETF dropping over 1%, the Semiconductor ETF falling nearly 1%, and the Biotechnology Index ETF decreasing by 0.7% [1] ETF Performance - Consumer Discretionary ETF (US XLY) current price: $218.19, down by $3.02 (-1.37%), with a trading volume of 115,000 shares and a total market value of $27.405 billion, year-to-date performance down by 2.27% [2] - Semiconductor ETF (US SMH) current price: $281.22, down by $2.40 (-0.85%), with a trading volume of 229,900 shares and a total market value of $3.324 billion, year-to-date performance up by 16.13% [2] - Biotechnology Index ETF (US IBB) current price: $129.11, down by $0.89 (-0.68%), with a trading volume of 22,713 shares and a total market value of $10.251 billion, year-to-date performance down by 2.26% [2] - Energy ETF (US XLE) current price: $86.56, down by $0.47 (-0.54%), with a trading volume of 1.4898 million shares and a total market value of $21.677 billion, year-to-date performance up by 2.67% [2] - Technology Sector ETF (US XLK) current price: $255.63, down by $1.33 (-0.52%), with a trading volume of 203,700 shares and a total market value of $81.304 billion, year-to-date performance up by 10.31% [2] - Healthcare ETF (US XLV) current price: $134.89, down by $0.61 (-0.45%), with a trading volume of 353,700 shares and a total market value of $25.813 billion, year-to-date performance down by 1.10% [2] - Global Technology ETF (US IXN) current price: $92.93, down by $0.40 (-0.43%), with a trading volume of 7,225 shares and a total market value of $1.301 billion, year-to-date performance up by 9.86% [2] - Consumer Staples ETF (US XLP) current price: $81.87, down by $0.31 (-0.38%), with a trading volume of 847,500 shares and a total market value of $13.854 billion, year-to-date performance up by 5.42% [2] - Internet ETF (US FDN) current price: $268.40, down by $0.62 (-0.23%), with a trading volume of 5,447 shares and a total market value of $178.22 billion, year-to-date performance up by 10.38% [2] - Utilities ETF (US XLU) current price: $81.75, down by $0.09 (-0.11%), with a trading volume of 672,400 shares and a total market value of $11.868 billion, year-to-date performance up by 9.53% [2] - Global Airlines ETF (US JETS) current price: $24.13, up by $0.01 (+0.03%), with a trading volume of 31,918 shares and a total market value of $76.0004 million, year-to-date performance down by 4.82% [2] - Banking ETF (US KBE) current price: $58.86, up by $0.04 (+0.07%), with a trading volume of 62,373 shares and a total market value of $4.556 billion, year-to-date performance up by 7.60% [2] - Financials ETF (US XLF) current price: $53.24, up by $0.05 (+0.09%), with a trading volume of 1.5935 million shares and a total market value of $59.259 billion, year-to-date performance up by 10.94% [2] - Regional Banks ETF (US KRE) current price: $63.36, up by $0.13 (+0.21%), with a trading volume of 282,500 shares and a total market value of $5.288 billion, year-to-date performance up by 6.41% [2]

Market Performance - The A-share market continued its strong upward trend, with the Shanghai Composite Index approaching the 3500-point mark, closing at 3472.32 points, reflecting a weekly increase of 1.4% [1] - Over 70% of ETF products achieved positive returns this week, with the Hong Kong innovative drug-related ETFs leading the gains [1][2] ETF Highlights - After a two-week adjustment, Hong Kong innovative drug-related ETFs surged again, with several products, including the Hong Kong Innovative Drug ETF Fund and the Hong Kong Innovative Drug 50 ETF, seeing weekly increases exceeding 7% [5][6] - The median weekly increase for over 1200 ETF products was 1.08%, with only about 200 products experiencing declines [2] - Notably, the steel ETF (515210) saw a significant rise of 5.41%, attributed to Huazhong Steel being targeted by insurance capital [6] Sector Performance - Game-related ETFs also performed well, with several products recording weekly gains of over 6%, driven by substantial increases in constituent stocks such as Kaineng Network and 37 Interactive Entertainment [6] - Conversely, the Hang Seng Technology Index faced a decline of 2.42%, impacting related products, particularly in the internet sector, which saw declines exceeding 3% for several ETFs [8][9] Notable ETF Data - The top-performing Hong Kong innovative drug ETFs included: - Hong Kong Innovative Drug ETF Fund: 7.553% weekly increase - Hong Kong Innovative Drug 50 ETF: 7.483% weekly increase - Hong Kong Innovative Drug ETF ICBC: 7.477% weekly increase [4][5] - The newly established Huabao Hang Seng Hong Kong Innovative Drug Selected ETF (520880) reported that Barclays Bank holds 20 million shares, accounting for 4.5997% of the total fund [6]

Core Viewpoint - The article highlights the launch of the third ETF live trading competition by Shenwan Hongyuan Securities, aimed at enhancing investors' skills and knowledge in ETF investments amidst favorable market conditions in 2024 [2][5]. Group 1: Event Background - The competition is set against the backdrop of policy benefits in the capital market for 2024, with ETFs being a significant choice for investors due to their risk diversification and convenience [1][2]. Group 2: Competition Highlights - The competition features five key highlights, including professional ETF services from a well-established brokerage, support for all on-market ETF varieties (excluding money market ETFs), and a one-stop educational platform for investors [5][7]. - Interactive activities are included, allowing participants to earn rewards, with the potential to receive up to 6.66 yuan in red envelopes [8]. - The competition is designed to cater to different types of investors through dual award categories: the "Biweekly Expert Award" and the "Live Trading Winner Award" [8]. Group 3: Educational Support - A dedicated educational section is established to help ETF investors quickly enhance their knowledge, featuring modules like "Market Insights," "Competition Education Videos," and "ETF Financial Classes" [7]. - Professional investment advisors will provide weekly market insights and analysis to support participants in their trading decisions [8].

宏源证券 屈由厂宏源ETF实惠尺层 元 以赛促学,玩转ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月18日 8月29日 9月5日 6月12日 赛事背景 2024年资本市场迎来政策红利,ETF凭借分散风险、 易便捷等优势,成为投资者重要选择。 值此机遇, 申万宏源证券携手多家基金公司正式启动第 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长,老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 大赛设丰富的互动活动,轻松参与即有机会获得奖励,最高可 得6.66元红包。（每项任务限领1次且红包数量有限,具体以发放页面 显示为准) 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 场积淀和专业的投研能力,为投资者提供全市场ETF交易支 持。本次大赛支持沪深市场所有场内ETF品种(货币ETF除 外），助力投资者把握不同市场机会。 直占7 站式ETF投教专区 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮助投资者了解投教知识。 亮点3 互动有礼、边学边玩 主办方 t 春密 助 的 门星动 ...

宏源证券 屈由厂宏源ETF实惠尺层 元 以赛促学,玩转ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月18日 8月29日 9月5日 6月12日 赛事背景 2024年资本市场迎来政策红利,ETF凭借分散风险、 易便捷等优势,成为投资者重要选择。 值此机遇, 申万宏源证券携手多家基金公司正式启动第 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长,老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 主办方 t 春密 助 的 门星动 5大赛事亮点 亮点1 老牌券商底蕴,专业ETF服务 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 场积淀和专业的投研能力,为投资者提供全市场ETF交易支 持。本次大赛支持沪深市场所有场内ETF品种(货币ETF除 外），助力投资者把握不同市场机会。 直占7 公司专业投资顾问每周带来最新的点评资讯,解读市场热点, 让你的每笔交易都有专业智囊的支持! 站式ETF投教专区 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮助投资者了解投教知识。 亮点3 互动有礼、边 ...

Core Insights - The ETF brokerage rankings for May reveal a competitive landscape with significant shifts in market share among major players, particularly in the Shanghai Stock Exchange [1][2] Group 1: ETF Holdings - Galaxy Securities maintains the top position in ETF holdings with a market share of 24.63%, showing a slight increase of 0.06 percentage points from April [2][3] - Shenyin Wanguo Securities follows in second place with an 18.05% share, which is an increase of 0.18 percentage points, but still trails Galaxy by 6.58 percentage points [2] - The second tier of brokerages remains stable, with CITIC Securities at 6.06%, followed by China Merchants Securities at 4.78% and Guotai Junan Securities at 4.58% [2][3] Group 2: ETF Trading Volume - Huatai Securities leads the trading volume with an 11.30% share in May, maintaining its position as the top brokerage for ETF transactions [4] - CITIC Securities has shown remarkable performance, rising to second place with a trading volume share of 9.17%, surpassing Galaxy Securities, which fell to fifth place with a 5.71% share [4][5] - The trading volume dynamics indicate a competitive environment, with smaller brokerages like Dongfang Securities and Huabao Securities also making significant contributions [5] Group 3: Client Activity and Trading Accounts - Huatai Securities and Dongfang Wealth Securities continue to dominate in terms of trading account numbers, with shares of 11.59% and 11.18% respectively [10][11] - The overall client activity remains concentrated among the top brokerages, with Galaxy Securities and Ping An Securities also showing notable account shares of 5.55% and 5.44% [10][11] - The rankings for trading accounts highlight the importance of retail investor engagement, particularly for brokerages leveraging technology and information services [9][10]

Core Viewpoint - Significant capital inflow into Hong Kong stocks has been observed this year, with net purchases from southbound funds exceeding 650 billion yuan [1] Group 1: ETF Performance - The Hong Kong stock ETF market has seen substantial growth, particularly in technology, innovative pharmaceuticals, and dividend ETFs, which have performed well this year [1] - The Hong Kong Stock Connect Internet ETF has increased by over 23 billion yuan, doubling its size in just six months, making it the largest Hong Kong stock ETF by scale [2] - The Hong Kong Stock Connect Technology 30 ETF has grown by over 14 billion yuan, nearly tripling its size since the beginning of the year [3] - The top-performing ETFs in terms of added scale include the Hong Kong Stock Connect Internet ETF, Technology 30 ETF, and Innovative Pharmaceuticals ETF, with significant annual returns [4][15] Group 2: Factors Driving Growth - The surge in technology ETFs is attributed to the recent technology market rally, with the Hang Seng Technology Index rising by 19.94% as of June 25 [4] - The design mechanisms, scale, and fee structures of these ETFs play a crucial role in their attractiveness to investors [6][18] - The success of the Hong Kong Stock Connect Internet ETF is notable, as it was launched during a challenging period for the internet sector, yet it has become the most attractive ETF this year [7][9] Group 3: Competitive Landscape - Not all technology ETFs have experienced similar growth; performance differences often depend on product characteristics and the marketing capabilities of fund companies [5] - The competitive landscape among fund companies is intensifying, with successful products often sharing common factors such as strategic product design and low fee rates [18][19] - The Hong Kong Stock Connect Technology 30 ETF has gained traction due to its lower management fee of 0.45%, compared to the industry average of 0.5% [13][19] Group 4: Institutional Investment Trends - Institutional investors have increasingly favored the Hong Kong Stock Connect Internet ETF, with their share rising from 27.95% in 2021 to 96.66% in 2022 [10] - The trend of institutional investment in Hong Kong stocks is supported by favorable policies encouraging long-term capital inflow [11] Group 5: Sector-Specific Insights - The innovative pharmaceutical sector has shown significant strength this year, with ETFs tracking this sector experiencing substantial inflows and high annual returns [15][17] - The performance of ETFs tracking the innovative pharmaceutical index has been strong, contributing to their attractiveness to investors [17]

Core Viewpoint - The article highlights the launch of the third ETF live trading competition by Shenwan Hongyuan Securities, aimed at enhancing investors' skills and knowledge in ETF investments amidst favorable market conditions in 2024 [2][5]. Group 1: Event Background - The competition is set against the backdrop of policy benefits in the capital market for 2024, with ETFs being a significant choice for investors due to their risk diversification and other advantages [1][2]. Group 2: Competition Highlights - The competition features five key highlights, including professional ETF services from a well-established brokerage, support for all on-market ETF varieties (excluding money market ETFs), and a dedicated educational platform for investors [5][7]. - Interactive activities are included, allowing participants to earn rewards, with the potential to receive up to 6.66 yuan in red envelopes [8]. - The competition is structured with dual tracks, catering to different investment styles, and includes awards such as the "Biweekly Expert Award" and "Live Trading Winner Award" [8]. Group 3: Educational Support - A one-stop ETF education zone is established to help investors quickly enhance their knowledge, featuring modules like "Market Insights," "Competition Education Videos," and "ETF Financial Classes" [7]. - Professional investment advisors will provide weekly market insights and analysis to support participants in their trading decisions [8].