剖析交易心理难题] 实盘交易中，投资者常常面临"心理博弈"与"风险失控"两大痛点。心理上的波动容易导致投资者做出非 理性的决策，而风险管控的缺失则可能使投资者遭受重大损失。 "针对上述问题，银河期货在本届大赛期间推出'交易心理与风险控制'系列投教课程，为投资者送上了 一场及时而有效的'心理辅导'与'风险防控课'，深入剖析市场上大多数投资者在交易中容易陷入的思维 误区和心理陷阱。"银河期货相关负责人说。 [实盘赛与投教深度融合 2025年全国期货（期权）实盘交易大赛在万众瞩目中圆满落幕。在这场汇聚众多期货精英、展现市场活 力的盛会中，银河期货凭借卓越的专业能力与创新的投教理念，为参赛选手搭建起一座通往成功投资的 坚实桥梁。银河期货不仅为选手提供了高效、稳定的交易环境，更通过深度融合实盘竞技与投资者教 育，全方位助力投资者提升交易素养与风险管控能力，在期货投资领域书写了新的篇章。 [三度携手实盘大赛 专业服务再升级] 期货日报记者在采访中获悉，自2023年首次成为实盘大赛指定交易商以来，银河期货已连续三年为大赛 提供全方位、深层次的优质服务。依托高速、稳定、精准的交易系统，公司确保每一笔订单在瞬息万变 的市场中迅 ...

在当前股票投资环境中，投资者教育正由单一的技术学习向理念引导与科技辅助相结合的方向转变。据 悉，九方智投旗下的昂扬系列教学内容由资深投顾老师余扬亲授，他曾在2019年与2020年连续两年获同 花顺颁发的"最佳原创视频同顺号"奖项。余扬将多年市场经验与系统化投资理念结合，探索出的"大道 七线三大战法"，为股票学习者以及新手从零开始学炒股的人群提供了可参考的分析思路。这种方法论 不仅强调趋势与结构的结合，也凸显了风险管理的重要性。 方法论解析：大道七线三大战法的核心思想 随着AI投顾与大数据分析的普及，股票学习方式已由传统的静态经验传授，逐步转向动态、互动的科 技模式。九方智投依托智能分析工具与在线解盘，将AI逻辑嵌入昂扬系列的内容体系，使投资者在参 考市场信息时具备更全面的分析维度。这不仅为零基础学股票的新手提供了更科学的学习机辅助，也让 有一定经验的投资者能够在多变的股市行情中保持方法论的一致性。 投资者路径：从零开始学炒股的三步建议 对于新手炒股而言，从零开始学炒股可分为三个阶段：第一，掌握股票入门基础知识；第二，通过系统 化教学内容理解市场结构；第三，与学员自发组织的交流群交流心得，形成持续学习的习惯。大 ...

Core Viewpoint - Baocheng Futures has reaffirmed its commitment to supporting the national futures trading competition, emphasizing its role in promoting investor education, enhancing brand influence, and optimizing customer service [1][2]. Group 1: Strategic Value - The competition has provided Baocheng Futures with multi-dimensional empowerment in brand, talent, and service [2]. - The number of participating clients and partner institutions has reached new highs, enhancing the company's authority and visibility [2]. - The competition has attracted talented investment advisors, particularly from the newly added industrial group, fostering integration between industry and finance [2]. Group 2: Market Observations - The overall loss in this year's competition has significantly narrowed by over 1.4 billion, indicating market expansion but increased difficulty in achieving profitability [3]. - Professional institutions and high-net-worth investors continue to outperform the market average due to their resource and risk management advantages [3]. - Clients with industrial backgrounds exhibit strong risk awareness and make decisions based on industry logic, while asset management products prefer market-neutral strategies [3]. Group 3: Support Services - Baocheng Futures offers four key support services: research support, technical assurance, trading services, and knowledge dissemination [4]. - Daily strategy reports and a shared platform for commodity research are provided to participants [4]. - A high-performance trading system ensures rapid execution and stability, addressing technical challenges faced by participants [4]. - The company simplifies account opening and fund transfer processes, improving fund turnover efficiency by over 30% [4]. - Training sessions and activities have reached over 5,000 participants, enhancing trading knowledge and market understanding [4]. Group 4: Risk Management - The company has implemented a three-tiered risk management mechanism, including pre-competition training, real-time monitoring during the competition, and ongoing risk education [6][7]. - A focus on educating investors about options trading has been established, utilizing various formats to enhance understanding [7]. Group 5: Future Outlook - Baocheng Futures aims to attract more industrial clients, particularly in energy and black commodities, to participate in future competitions [7]. - The company suggests adding an ESG-themed competition to align with national carbon reduction goals and promote the development of green derivatives [7]. - The future of the Chinese futures market is expected to be characterized by diversification, internationalization, and technological advancement [8]. - The company plans to focus on carbon emission rights and green electricity futures, providing integrated solutions for enterprises [8].

Core Viewpoint - Guojin Futures has participated in the national futures (options) trading competition for six consecutive years, emphasizing its commitment to serving the real economy and providing investor education [1] Group 1: Company Mission and Strategy - Guojin Futures aims to make financial services more efficient and reliable, focusing on futures trading, industry institutions, and comprehensive financial services [1] - The company operates under the service philosophy of "integrity, efficiency, and value," positioning itself as a specialized trading firm, a professional service provider for industry institutions, and a comprehensive financial connection platform [1] Group 2: Value-Added Services - During the competition, Guojin Futures introduced the "Three Good" service products, focusing on "good trading, good investment, and good service" to provide differentiated experiences and professional value-added services [2] - The company has established two professional service platforms: "Winning at the Starting Line," an educational platform for investors, and "Master Training Win," a customized achievement platform for clients [2] Group 3: Research and Industry Services - Guojin Futures has set up the "Daily Research Institute" to provide specialized services to the real economy, forming differentiated service circles in various industries [3] - The company helps enterprises adopt "counter-cyclical" thinking and utilize risk management tools like futures to shift from traditional pricing to basis point pricing and hedging pricing [3] Group 4: Retail Client Services - Guojin Futures has created the "Good Trading Conference," offering a comprehensive service system that combines training and practice for retail clients [4] - The company provides targeted training courses to enhance investors' trading knowledge and strategies, focusing on macroeconomic policies and market trends [4] Group 5: Technology and Innovation - Guojin Futures views financial technology as a core engine for service advancement and ecosystem development, responding to regulatory calls for digital and intelligent industry construction [5] - The company promotes a balanced investment philosophy of "rationality and technology," encouraging investors to build risk awareness and management capabilities alongside technological advancements [5] Group 6: Industry Trends and Future Directions - The Chinese futures market is transitioning from scale expansion to high-quality development, focusing on product innovation, high-level openness, and technological empowerment [6] - Guojin Futures plans to deepen its engagement in the industrial sector while actively exploring opportunities in green low-carbon and high-end manufacturing fields [6]

2025"上证杯"全国高校ETF大赛赛后合影 五载深耕投教铸标杆 九万学子竞逐创纪录 2025"上证杯"全国高校ETF大赛圆满收官 ◎记者 王墨璞嘉 11月14日至15日，2025"上证杯"全国高校ETF知识及理财规划大赛（简称"2025'上证杯'全国高校ETF大 赛"）总决赛暨颁奖仪式在上海举行。来自上海证券交易所、上海证券报社、中证指数有限公司、十余 家金融机构和十二支参赛队伍的百余位嘉宾与学子汇聚一堂，共同见证这场资本市场投教盛事。 作为上海证券交易所与上海证券报社共同主办的行业标杆投教赛事，五年来，"上证杯"规模实现从区域 到全国的跨越式拓展，本届赛事吸引了3000余所高校、9万余名学子竞逐，创参赛规模新纪录。 五载深耕投教 见证ETF规模跨越式增长 "'上证杯'已连续举办五年，而这五年正是本土ETF市场发展最为迅猛的时期。"上海证券交易所党委委 员、副总经理苑多然在颁奖仪式现场表示。 数据显示，2020年10月，历经16年培育的中国ETF市场，管理规模突破万亿元大关；此后便进入快速增 长通道，规模连续迈过2万亿元、3万亿元、4万亿元台阶，2025年8月一举突破5万亿元，实现跨越式增 长。 苑多然表示 ...

2025"上证杯"全国高校 ETF大赛圆满收官 （上接1版） 本届"上证杯"参赛选手也是满载而归。除荣誉证书与全国性赛事经验外，主办方还精心筹备了奖金、专 属实习机会、基金公司与上海证券交易所参访机会、同花顺软件礼包等福利，为选手的未来职业发展提 供有力支撑。 赛事规模再破纪录 9万学子竞逐ETF大赛 总决赛角逐激烈 参赛选手满载而归 在总决赛的理财规划方案答辩环节，12支参赛战队依次陈述其理财规划方案构建逻辑和组合策略。由上 海证券交易所、上海证券报社、中证指数有限公司以及多家基金公司、证券公司组建的专家评审团，根 据战队现场答辩和组合运行表现情况进行打分和提问，并给出指导意见。 在金融知识竞答环节，各战队参赛选手全神贯注、沉着应对，紧盯屏幕上的题目，快速思索后果断按下 答题器，围绕ETF核心概念、交易规则、市场应用等多维度知识点展开白热化较量。 经过激烈角逐，由半决赛资产配置组合量化评分（20%）、总决赛现场理财规划方案答辩评分（40%） 和现场金融知识竞答得分（40%）计算得出的综合成绩最终"出炉"。股往金来队凭借卓越表现一举夺 魁，将全国特等奖收入囊中。 其余11支战队同样"战绩满满"：西北大学-开源 ...

Core Viewpoint - The number of active equity fund managers managing over 10 billion yuan has rebounded to 109, marking a nearly one-third increase from the previous quarter, indicating a significant expansion in the industry [4][5]. Group 1: Fund Manager Expansion - As of the end of Q3, there are over 1,720 active equity fund managers, with 109 managing over 10 billion yuan, a substantial increase from the previous quarter [5]. - New fund managers, such as Ren Jie from Yongying Fund, have seen rapid growth, with his fund returning 198.11% year-to-date, leading to a surge in managed assets from 0.26 million yuan to 12.878 billion yuan [6]. - Established managers like Zhang Kun from E Fund and Xie Zhiyu from Xingzheng Global Fund have also regained significant asset management sizes, with Zhang managing 56.544 billion yuan, and both Xie and Ge Lan returning to the 40 billion yuan tier [6][8]. Group 2: Investor Sentiment and Redemption Trends - Despite the recovery in fund sizes, investor sentiment remains cautious, with a notable trend of "profit-taking" leading to net redemptions of over 33 billion units from top fund managers' products [7]. - Many fund managers are experiencing growth due to association with larger, well-performing funds, as seen with Zhao Lei from China Europe Fund, who entered the 10 billion yuan club after being appointed to manage a successful fund [7]. Group 3: Industry Dynamics and Future Outlook - The current landscape shows a shift from the "star-making" era to a focus on platform-based strategies, with a recognition of the challenges posed by large asset sizes [10][12]. - The industry is moving away from the "star fund manager" model, emphasizing a more integrated and multi-strategy research approach to mitigate risks associated with large fund sizes [10][11]. - The fee structure and performance assessment mechanisms are evolving, with some fund managers opting to limit rapid growth to maintain operational effectiveness and avoid the pitfalls of short-term performance-driven investments [11][12]. Group 4: Market Trends and Investment Strategies - The A-share market is experiencing a steady upward trend, with increased investor enthusiasm for equity markets, particularly in technology sectors [13]. - Fund managers like Chen Ying anticipate continued high-risk appetite in the market, although potential profit-taking may lead to a more volatile environment in Q4 [13]. - Long-term investment strategies are focusing on sectors like innovative pharmaceuticals, with managers like Ge Lan highlighting the importance of quality and innovation in driving industry growth [15].

Core Viewpoint - The event organized by Huazhong Futures at Bengbu College aims to enhance financial education and support the cultivation of financial talents, aligning with national strategies for educational development and industry collaboration [1][8]. Group 1: Event Overview - Huazhong Futures conducted a series of training activities titled "Futures Knowledge into Campus" at Bengbu College on October 29, 2025, focusing on the "Zhengshang Cup" National College Student Financial Simulation Trading Competition and core knowledge of the futures market [1][3]. - The training included detailed guidance on the competition registration process, online entry, and key operational steps for using simulation trading software [3][6]. Group 2: Educational Content - The training covered the development history, core functions, and current status of China's futures market, with a focus on the Zhengzhou Commodity Exchange and relevant laws such as the "Futures and Derivatives Law" [3][8]. - Real case studies were used to illustrate the core value of futures in risk management, promoting a rational investment mindset among students [3][6]. Group 3: Interaction and Feedback - The event featured active interaction between instructors and students, fostering a strong learning atmosphere, with students expressing that the training provided both theoretical depth and practical guidance [6][8]. - Participants gained a comprehensive understanding of the futures market and key points for the "Zhengshang Cup," which will aid in their future career development [6]. Group 4: Future Initiatives - Huazhong Futures is committed to continuing its "Futures Knowledge into Campus" series, aiming to bring professional financial knowledge and practical resources to universities, thereby nurturing high-quality financial talents and promoting the high-quality development of the futures market [8].

Group 1 - The Fund Social Media Index for September 2025 shows stability among top institutions, with Huaxia Fund, China Europe Fund, and Fuguo Fund maintaining their positions in the top three [1] - New entrants to the ranking are mainly at the bottom, with Invesco Great Wall Fund and HSBC Jintrust Fund replacing Huafu Fund and Yongying Fund from the previous month [1] Group 2 - The top content on Douyin focuses on investor education, with the leading piece from Huaxia Fund combining emotional appeal with anti-fraud themes [2] - E Fund's entry uses a martial arts theme to explain index investments, showcasing innovative use of AIGC technology [2] - Wanji Fund's content emphasizes the long-term nature of investing through a simulated exam scenario, reinforcing the importance of scientific asset allocation [2] Group 3 - The trend of IP-based operation for fund video accounts is evident, with many entries being structured series that help establish content recognition and user habits [3] - High-traffic content on the Zhaocai account is primarily lightweight, focusing on benefits and hot topic analysis, with E Fund's analysis of the Vietnamese market gaining significant attention [3] - The WeChat public account entries mainly combine red envelope giveaways with investor education [3]

Core Viewpoint - Guolian Fund is committed to promoting financial literacy and rational investment concepts while ensuring wealth security, thereby contributing to a healthy financial market ecosystem [1] Group 1: Campus Engagement - The company focuses on educating college students and youth, recognizing them as the foundation for the future development of the public fund industry [2] - Guolian Fund customizes educational content based on the cognitive characteristics of different student stages, progressing from basic knowledge to rational investment concepts [2] - Innovative teaching methods are employed, such as integrating financial knowledge into everyday topics like "managing lucky money" and "dream planning" for younger students [2] - For college students, the company organizes regular activities that bridge theory and practice, providing professional guidance on public fund research and career development [2] Group 2: Community Outreach - Guolian Fund extends its educational efforts to communities and business circles, focusing on practical financial knowledge for residents, particularly the elderly [3] - The company collaborates with other institutions to create wealth management knowledge activities, emphasizing anti-fraud education and personal pension product selection [3] - In business circles, an immersive educational experience is created, allowing for interactive learning about public fund policies and investment strategies [3] Group 3: Cultural Leadership - The company's educational initiatives reflect its commitment to industry culture and the mission of "finance for the people" [4] - Guolian Fund integrates party building with investor education, forming a team to lead educational efforts and enhance community service [4] - The company has conducted thousands of educational events and published numerous articles and videos, receiving multiple awards for social responsibility [4] - Future plans include deepening educational integration in campuses, targeting specific community needs, and leveraging digital tools to enhance outreach [4]