| 日期 | 两融余额 | 两融余额环比增 | 融资余额 | 融资余额环比增 | 融券余额 | 融券余额环比增 | | --- | --- | --- | --- | --- | --- | --- | | | （亿元） | 减（亿元） | （亿元） | 减（亿元） | （亿元） | 减（亿元） | | 2025.12.05 | 24816.76 | -21.94 | 24641.11 | -23.78 | 175.65 | 1.84 | | 2025.12.04 | 24838.69 | 12.77 | 24664.89 | 13.00 | 173.81 | -0.22 | | 2025.12.03 | 24825.92 | -38.62 | 24651.89 | -37.13 | 174.03 | -1.48 | | 2025.12.02 | 24864.54 | 21.43 | 24689.03 | 21.94 | 175.51 | -0.51 | | 2025.12.01 | 24843.11 | 107.33 | 24667.08 | 102.08 | 176.02 | 5.25 | ETF交易方面 ...

Group 1 - The total ETF margin balance in the two markets is 118.26 billion yuan, a decrease of 76.77 million yuan compared to the previous trading day, representing a 0.06% decline [1] - The financing balance for ETFs is 110.18 billion yuan, down by 40.66 million yuan, which is a 0.04% decrease [1] - The Shenzhen market's ETF margin balance is 35.50 billion yuan, an increase of 53.54 million yuan, while the financing balance is 34.51 billion yuan, up by 61.76 million yuan [1] Group 2 - There are 132 ETFs with a financing balance exceeding 100 million yuan, with the highest being Huaan Gold ETF at 7.84 billion yuan, followed by E Fund Gold ETF and Huaxia Hang Seng ETF at 5.73 billion yuan and 3.90 billion yuan respectively [2] - The ETFs with the highest financing balance growth include E Fund MSCI China A-Share International ETF, with a 161.63% increase, and Zhongzheng Shanghai State-Owned Enterprises ETF, with a 78.18% increase [2] - The ETFs with the largest financing balance declines include Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF, down by 50.63%, and GF Zhongzheng Environmental Protection ETF, down by 43.31% [2] Group 3 - The top three ETFs by net financing inflow are Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 Component ETF with 32.47 million yuan, Wine ETF with 27.71 million yuan, and Bosera Shanghai Stock Exchange 30-Year Government Bond ETF with 27.06 million yuan [4] - The ETFs with the highest net financing outflow include Pengyang Zhongbond 30-Year Government Bond ETF with 108 million yuan, Hang Seng Technology ETF with 70.14 million yuan, and GF Zhongzheng Hong Kong Innovative Medicine ETF with 54.74 million yuan [4] Group 4 - The latest margin balance for short selling is highest for Southern Zhongzheng 1000 ETF, Southern Zhongzheng 500 ETF, and Huaxia Zhongzheng 1000 ETF, with balances of 2.58 billion yuan, 2.51 billion yuan, and 519 million yuan respectively [5] - The ETFs with the largest increases in short selling margin include Bosera Convertible Bond ETF with an increase of 13.96 million yuan and Southern Zhongzheng 500 ETF with an increase of 10.87 million yuan [7] - The ETFs with the largest decreases in short selling margin include Huatai-PineBridge CSI 300 ETF with a decrease of 38.07 million yuan and GF Zhongzheng 1000 ETF with a decrease of 3.79 million yuan [7]

Core Insights - The total margin balance of ETFs in the two markets reached 118.509 billion yuan, an increase of 248 million yuan from the previous trading day, representing a 0.21% increase [1] - The financing balance of ETFs increased by 363 million yuan, while the margin balance decreased by 115 million yuan [1] Summary by Category Total ETF Margin Balance - As of December 3, the total ETF margin balance was 118.509 billion yuan, with a day-on-day increase of 248 million yuan [1] - The financing balance was 110.539 billion yuan, reflecting a 363 million yuan increase [1] Deep Market ETF Details - The latest margin balance for deep market ETFs was 35.581 billion yuan, with an increase of 82.3246 million yuan [1] - The financing balance for deep market ETFs was 34.598 billion yuan, up by 84.7188 million yuan [1] - The margin balance for short selling was 983 million yuan, showing a decrease of 2.3942 million yuan [1] Shanghai Market ETF Details - The latest margin balance for Shanghai market ETFs was 82.928 billion yuan, with an increase of 1.66 billion yuan [1] - The financing balance for Shanghai market ETFs was 75.941 billion yuan, reflecting an increase of 2.78 billion yuan [1] - The short selling balance was 6.987 billion yuan, down by 113 million yuan [1] Notable ETFs by Financing Balance - The ETF with the highest financing balance was Huaan Gold ETF at 7.786 billion yuan, followed by E Fund Gold ETF and Huaxia Hang Seng ETF at 5.735 billion yuan and 3.875 billion yuan respectively [2] - The top three ETFs with the highest percentage increase in financing balance were the ChiNext ETF from ICBC, Huatai-PB CSI A500 ETF, and Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF, with increases of 1165.81%, 54.35%, and 53.60% respectively [2] Notable ETFs by Financing Net Buy/Sell - The ETFs with the highest net buy amounts were Hang Seng Technology ETF, Huaxia Hang Seng Internet Technology ETF, and Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 ETF, with net buys of 136.11 million yuan, 74.9634 million yuan, and 59.4706 million yuan respectively [5] - The ETFs with the highest net sell amounts included GF CSI Hong Kong Innovative Medicine ETF, Huaan Gold ETF, and E Fund Hang Seng Stock Connect Innovative Medicine ETF, with net sells of 121 million yuan, 53.4803 million yuan, and 43.9028 million yuan respectively [4] Short Selling Details - The ETFs with the highest short selling balances were Southern CSI 1000 ETF, Southern CSI 500 ETF, and Huaxia CSI 1000 ETF, with short selling balances of 2.538 billion yuan, 2.528 billion yuan, and 515 million yuan respectively [5] - The ETFs with the highest increase in short selling balance included Southern CSI 500 ETF, Guotai CSI A500 ETF, and Photovoltaic ETF, with increases of 14.7595 million yuan, 4.8824 million yuan, and 1.8263 million yuan respectively [5]

Core Viewpoint - As of December 1, the total margin balance for ETFs in the Shanghai and Shenzhen markets reached 118.338 billion yuan, showing a slight increase from the previous trading day [1] Summary by Category ETF Margin Balance - The ETF financing balance was 110.216 billion yuan, which decreased by 0.434 billion yuan compared to the previous trading day [1] - The ETF margin trading balance was 8.122 billion yuan, reflecting an increase of 0.456 billion yuan from the previous trading day [1] Net Buy Activity - On December 1, 214 ETFs experienced net financing purchases, with the Pengyang Zhongzhai - 30-Year Treasury Bond ETF leading with a net purchase amount of 71.1955 million yuan [1] - Other ETFs with significant net financing purchases included the GF Nasdaq-100 ETF, Yongying CSI Hong Kong and Shanghai Gold Industry Stock ETF, Huatai-PB Hang Seng Technology ETF, Guotai Nasdaq-100 ETF, Guotai Gold ETF, and Haifutong Shanghai Stock City Investment Bond ETF [1]

Core Viewpoint - As of November 28, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.316 billion yuan, showing a decrease of 0.221 billion yuan from the previous trading day [1] Summary by Category ETF Financing and Margin Balance - The ETF financing balance stands at 110.65 billion yuan, down by 0.325 billion yuan compared to the previous trading day [1] - The ETF margin short balance is 7.666 billion yuan, which has increased by 0.104 billion yuan from the previous trading day [1] Net Buy and Performance of ETFs - On November 28, 216 ETFs experienced net financing purchases, with the highest net purchase amounting to 92.1675 million yuan for the Bosera CSI Convertible Bonds and Exchangeable Bonds ETF [1] - Other ETFs with significant net financing purchases include the E Fund ChiNext ETF, HFT CSI Short-term Bond ETF, Huaan ChiNext 50 ETF, Guotai CSI All-Share Communication Equipment ETF, and others [1]

Core Insights - The total ETF margin balance in the two markets is 118.316 billion yuan, a decrease of 0.52% compared to the end of October, with a reduction of 6.16 billion yuan [1][3][2] Group 1: ETF Margin Balance Overview - The latest ETF margin balance in the Shenzhen market is 35.48 billion yuan, down 0.17% from the end of October, with a decrease of 58.659 million yuan [1][3] - The latest ETF margin balance in the Shanghai market is 82.836 billion yuan, down 0.67% from the end of October, with a decrease of 55.57 million yuan [2][3] - The total ETF financing balance is 110.650 billion yuan, a decrease of 0.30% from the end of October, with a reduction of 33.506 million yuan [1][3] Group 2: ETF Financing and Securities Lending - The latest ETF securities lending balance is 7.666 billion yuan, down 3.53% from the end of October, with a decrease of 280.4547 million yuan [1][3] - The number of securities lent in the Shenzhen market is 4.95 billion shares, down 0.55% from the end of October, with a decrease of 2.7236 million shares [1][3] - The number of securities lent in the Shanghai market is 2.149 billion shares, down 0.86% from the end of October, with a decrease of 1.8653 million shares [2][3] Group 3: Notable ETFs - The ETF with the highest financing balance is the Huaan Gold ETF, with a financing balance of 7.853 billion yuan [4] - Ten ETFs saw an increase in financing balance exceeding 100 million yuan, with the top three being the Huaxia Hang Seng Internet Technology ETF, Guotai Nasdaq 100 ETF, and Huaxia Hang Seng Technology ETF, which increased by 275 million yuan, 259 million yuan, and 211 million yuan respectively [4] - Twelve ETFs experienced a decrease in financing balance exceeding 100 million yuan, with the largest decreases seen in the Huaan Gold ETF, Huaxia Hang Seng ETF, and Huabao CSI Securities Company ETF, which decreased by 260 million yuan, 228 million yuan, and 215 million yuan respectively [4] Group 4: Margin Changes - In November, 131 ETFs saw an increase in financing balance exceeding 20%, with the top three being the E Fund MSCI China A-Share International ETF, Huabao S&P China A-Share Dividend Opportunity ETF, and Harvest CSI AAA Technology Innovation Company Bond ETF, which increased by 1930.89%, 1589.48%, and 1236.45% respectively [5][6] - Conversely, 100 ETFs experienced a decrease in financing balance exceeding 20%, with the largest declines in the ChiNext ETF, 300 Growth ETF, and Invesco CSI Technology Media Communication 150 ETF, which decreased by 78.89%, 78.66%, and 73.50% respectively [5][6] Group 5: Securities Lending Changes - The latest securities lending balance for the top ETFs includes the Southern CSI 1000 ETF, Southern CSI 500 ETF, and Huaxia CSI 1000 ETF, with balances of 2.410 billion yuan, 2.331 billion yuan, and 473 million yuan respectively [8] - The largest increases in securities lending balance were seen in the Huaxia CSI A500 ETF, Bosera Convertible Bond ETF, and Harvest Shanghai Stock Exchange Science and Technology Board Chip ETF, which increased by 33.7326 million yuan, 28.2759 million yuan, and 4.6913 million yuan respectively [9] - The largest decreases in securities lending balance were in the Southern CSI 500 ETF, Huaxia CSI 500 ETF, and Southern CSI 1000 ETF, which decreased by 1.82 billion yuan, 25.4287 million yuan, and 21.2552 million yuan respectively [9]

Core Insights - As of November 26, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.441 billion yuan, a decrease of 1.239 billion yuan from the previous trading day [2] - The financing balance for ETFs is 111.01 billion yuan, down by 1.472 billion yuan, while the margin short balance increased to 7.431 billion yuan, up by 0.233 billion yuan [2] ETF Financing Activity - On November 26, 199 ETFs experienced net financing inflows, with the top net inflow being the Guotai CSI All-Share Securities Company ETF, which saw a net inflow of 49 million yuan [2] - Other ETFs with significant net financing inflows include the GF National Index New Energy Vehicle Battery ETF, E Fund CSI Hong Kong Securities Investment Theme ETF, GF NASDAQ 100 ETF, Huabao CSI Bank ETF, and Invesco Great Wall NASDAQ Technology Market Cap Weighted ETF [2]

（文章来源：证券时报网） 证券时报·数据宝统计显示，截至11月26日，最新两市ETF两融余额为1184.41亿元，环比上一交易日减 少12.39亿元，为连续3日持续减少，其间累计减少28.48亿元。具体看，ETF融资余额为1110.10亿元，环 比减少14.72亿元，连续3个交易日持续减少，累计减少32.56亿元，最新融券余额为74.31亿元，环比增 加2.33亿元。（数据宝） ...

Core Viewpoint - As of November 26, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.441 billion yuan, showing a decrease of 1.239 billion yuan from the previous trading day [1] Group 1: ETF Financing and Margin Data - The ETF financing balance stands at 111.01 billion yuan, down by 1.472 billion yuan compared to the previous trading day [1] - The ETF margin short balance is 7.431 billion yuan, which has increased by 0.233 billion yuan from the previous trading day [1] Group 2: Net Buy Data - On November 26, 199 ETFs experienced net financing purchases, with the Guotai CSI All Share Securities Company ETF leading with a net purchase amount of 49 million yuan [1] - Other ETFs with significant net purchase amounts include the GF National Certificate New Energy Vehicle Battery ETF, E Fund CSI Hong Kong Securities Investment Theme ETF, GF Nasdaq 100 ETF, Huabao CSI Bank ETF, and Invesco Great Wall Nasdaq Technology Market Cap Weighted ETF [1]

Core Insights - The total ETF margin balance in the two markets is 119.68 billion yuan, a decrease of 1.03% from the previous trading day, with a reduction of 1.24 billion yuan in ETF financing balance and an increase of 196 million yuan in margin trading balance [1][2] Group 1: ETF Margin Balance Overview - As of November 25, the total ETF margin balance is 1196.80 billion yuan, down by 12.41 billion yuan from the previous day [1] - The financing balance for ETFs is 1124.82 billion yuan, a decrease of 14.36 billion yuan, representing a 1.26% decline [1] - The Shenzhen market's ETF margin balance is 358.89 billion yuan, down by 6.00 billion yuan, while the Shanghai market's balance is 837.91 billion yuan, down by 6.41 billion yuan [1] Group 2: Notable ETFs by Financing Balance - The ETF with the highest financing balance is Huaan Gold ETF at 7.908 billion yuan, followed by E Fund Gold ETF at 5.756 billion yuan and Huaxia Hang Seng ETF at 4.005 billion yuan [2] - The ETFs with the largest increases in financing balance include Southern SSE STAR Market Comprehensive ETF, with a growth of 155.75%, and Hong Kong Stock Connect 50 ETF, with an increase of 82.19% [2] - Conversely, the ETFs with the largest decreases in financing balance include Penghua CSI 300 ETF, which fell by 90.78%, and Taikang 300 ETF, which decreased by 80.73% [2] Group 3: Margin Trading and Short Selling - The latest short selling balance for ETFs shows that Southern CSI 1000 ETF has the highest balance at 2.173 billion yuan, with significant increases in short selling balances for Southern CSI 500 ETF and Huatai-PineBridge CSI 300 ETF [5][6] - The short selling volume increased significantly for Guangfa CSI All-Index Information Technology ETF, with a 150% rise, while the largest decreases were seen in Hai Fu Tong SSE Investment Grade Convertible Bond ETF and Huaan Gold ETF [6][7]