Core Insights - The total ETF margin balance in the two markets reached 98.801 billion yuan, an increase of 469 million yuan from the previous trading day, representing a 0.48% increase [1] - The financing balance for ETFs increased by 475 million yuan, a 0.51% rise, while the margin balance decreased by 613.11 thousand yuan [1] Group 1: ETF Financing Balances - The latest financing balance for ETFs with over 100 million yuan includes 109 funds, with the highest being Huaan Gold ETF at 7.650 billion yuan, followed by E Fund Gold ETF and Huaxia Hang Seng ETF at 6.744 billion yuan and 4.636 billion yuan respectively [2] - The top three ETFs with the highest increase in financing balance are Hai Fu Tong Shanghai 10-Year Local Government Bond ETF, Zhong Zheng 500 ETF Fund, and Pu Yin An Sheng Zhong Zheng A500 ETF, with increases of 7971.76%, 2566.61%, and 806.86% respectively [2][3] - The ETFs with the largest decreases in financing balance include Bosera Shenzhen Benchmark Market Credit Bond ETF, Southern Zhong Zheng Shanghai Carbon Neutral ETF, and Wan Jia Zhong Zheng Industrial Nonferrous Metal Theme ETF, with decreases of 59.90%, 56.31%, and 52.53% respectively [2][3] Group 2: Margin Trading and Net Buying - The top three ETFs for net buying on July 8 were E Fund Zhong Zheng Hong Kong Securities Investment Theme ETF, Bosera Convertible Bond ETF, and Guangfa NASDAQ 100 ETF, with net buying amounts of 85.4425 million yuan, 83.1144 million yuan, and 63.9964 million yuan respectively [4][5] - Conversely, the ETFs with the highest net selling included Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 Component ETF, E Fund Zhong Zheng Overseas Chinese Internet 50 (QDII-ETF), and Huaan Gold ETF, with net selling amounts of 65.5316 million yuan, 52.1222 million yuan, and 33.0576 million yuan respectively [4][5] Group 3: Margin Balance Changes - The latest margin balance for ETFs shows that the top three are Southern Zhong Zheng 1000 ETF, Southern Zhong Zheng 500 ETF, and Huaxia Zhong Zheng 1000 ETF, with balances of 2.008 billion yuan, 1.759 billion yuan, and 390 million yuan respectively [5] - The ETFs with the largest increases in margin balance include Bosera Convertible Bond ETF, Huaxia Shanghai 50 ETF, and Guangfa Zhong Zheng 1000 ETF, with increases of 23.8121 million yuan, 4.6634 million yuan, and 4.6596 million yuan respectively [6][7] - The ETFs with the largest decreases in margin balance include Southern Zhong Zheng 1000 ETF, Huatai-PineBridge Shanghai and Shenzhen 300 ETF, and Huabao Dual Innovation Leader ETF, with decreases of 62.8841 million yuan, 8.8768 million yuan, and 558 thousand yuan respectively [6][7]

上天天基金APP搜索【777】注册即可 领500元券包 ， 优选基金10元起投！限量发放！先到 先得！ 上周，A股市场反弹，上证指数、深证成指、创业板指分别累计上涨1.40%、1.25%、1.50%。 Choice数据显示，截至7月4日，A股市场融资余额报18400.47亿元，融券余额报128.80亿元，上周融资 余额增加125.87亿元。 上周电力设备行业融资余额增加超26亿元，A股市场融资净买入金额最大的股票 为浦发银行，净卖出金额最大的股票为寒武纪-U。 加仓电力设备行业超26亿元 Choice数据显示，截至7月4日，A股两融余额报18529.27亿元。其中，融资余额报18400.47亿元，上周A 股市场融资余额增加125.87亿元。 具体来看，上周的5个交易日中，6月30日A股融资余额增加106.89亿元，7月1日增加37.53亿元，7月2日 增加10.85亿元，7月3日增加34.01亿元，7月4日减少63.41亿元。 上周行业融资余额变动情况 来源：Choice 加仓浦发银行超9亿元 从个股情况来看，上周融资客对55只股票加仓金额超1亿元，剔除上周上市的新股后， 加仓金额居前的 10只股票分别为浦发 ...

Market Overview - The Shanghai Composite Index rose by 0.02% to close at 3473.13 points, with a daily high of 3474.8 points [1] - The Shenzhen Component Index fell by 0.7% to close at 10435.51 points, reaching a high of 10501.31 points [1] - The ChiNext Index decreased by 1.21%, closing at 2130.19 points, with a peak of 2155.69 points [1] Margin Trading and Securities Lending - The total margin trading and securities lending balance in the Shanghai and Shenzhen markets reached 18534.69 billion yuan, with a financing balance of 18404.95 billion yuan and a securities lending balance of 129.74 billion yuan, an increase of 64.08 billion yuan from the previous trading day [2] - The Shanghai market's margin balance was 9380.08 billion yuan, up by 32.0 billion yuan, while the Shenzhen market's balance was 9154.61 billion yuan, increasing by 32.08 billion yuan [2] - The top three stocks with the highest margin buying were: - Zhongji Xuchuang (11.12 billion yuan) in the communication sector - Dongfang Caifu (8.45 billion yuan) in non-bank financials - Shenghong Technology (7.39 billion yuan) in electronics [2] Fund Issuance - A total of 42 new funds were issued, including various ETFs and mixed funds focused on technology innovation and clean energy [3][4][5] - Notable fund issuances include: - Dachen Insight Advantage Mixed Fund - ICBC Credit Suisse Shanghai Stock Exchange Science and Technology Innovation Board 200 ETF - Huaxia CSI AAA Technology Innovation Corporate Bond ETF [3][4][5] Top Net Purchases on the Dragon and Tiger List - The top 10 net purchases on the Dragon and Tiger list included: - Qingdao Jinwang with a net purchase of 19530.8 million yuan, closing at 9.25 yuan, with a 9.99% increase [6] - Jingbeifang with a net purchase of 16122.2 million yuan, closing at 25.63 yuan, with a 10.0% increase [6] - Rongfa Nuclear Power with a net purchase of 13478.41 million yuan, closing at 9.83 yuan, with a 9.96% increase [6]

Market Overview - As of July 7, the total ETF margin balance in the two markets is 98.332 billion, a decrease of 0.267 billion from the previous trading day [1] - The financing balance is 92.477 billion, down by 0.298 billion, while the securities lending balance is 5.856 billion, an increase of 30.557 million [1] - In the Shanghai market, the ETF margin balance is 65.157 billion, a decrease of 0.169 billion, with a financing balance of 60.073 billion, down by 0.204 billion, and a securities lending balance of 5.084 billion, an increase of 34.771 million [1] - In the Shenzhen market, the ETF margin balance is 33.175 billion, a decrease of 0.098 billion, with a financing balance of 32.403 billion, down by 0.094 billion, and a securities lending balance of 0.772 billion, a decrease of 4.213 million [1] ETF Margin Balances - The top three ETFs by margin balance on July 7 are: 1. Huaan Yifu Gold ETF (7.683 billion) 2. E Fund Gold ETF (6.706 billion) 3. Huaxia Hang Seng (QDII-ETF) (4.630 billion) [2] ETF Financing Amounts - The top three ETFs by financing amount on July 7 are: 1. Hai Futong Zhongzheng Short Bond ETF (1.568 billion) 2. E Fund Zhongzheng Hong Kong Securities Investment Theme ETF (0.820 billion) 3. GF Zhongzheng Hong Kong Innovative Medicine (QDII-ETF) (0.398 billion) [4] ETF Net Financing Amounts - The top three ETFs by net financing amount on July 7 are: 1. Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 Component ETF (41.486 million) 2. Fuguo Zhongzheng 7-10 Year Policy Financial Bond ETF (38.5826 million) 3. E Fund CSI 300 Medical and Health ETF (31.8299 million) [5] ETF Securities Lending Amounts - The top three ETFs by securities lending amount on July 7 are: 1. Southern Zhongzheng 500 ETF (53.3409 million) 2. Huatai-PB CSI 300 ETF (10.6271 million) 3. Huaxia Shanghai Stock Exchange 50 ETF (9.006 million) [7]

截至7月7日，北交所融资融券余额合计59.11亿元，较前一交易日增加4603.90万元，其中，融资余额 59.10亿元，较前一交易日增加4604.41万元，融券余额为88.66万元，较前一交易日减少0.52万元。 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 活跃度来看，获融资净买入超百万元个股7月7日加权平均换手率为6.52%，换手率居前的有灿能电力、 宏海科技、亿能电力等，日换手率分别为33.99%、26.03%、23.17%，当日北交所股票日均换手率为 3.58%。（数据宝） 7月7日融资余额增加居前的北交所股票 | 代码 | 简称 | 7月7日涨跌幅 | 最新融资余额 | 较上一日增加 | 占流通市值比例 | 所属行 | | --- | --- | --- | --- | --- | --- | --- | | | | （%） | （万元） | （万元） | （%） | 业 | | 835174 | 五新隧 | 5.80 | 7440.05 | 1504.80 | 2.08 | 机械设 | | | 装 | | | | | 备 | | 837403 | 康农种 | 1.42 | 2297 ...

具体来看，深市ETF最新两融余额331.75亿元，较上一日减少9801.06万元，ETF融资余额324.03亿元，环比减少9379.73万元，融券余量4.67亿份， 环比减少101.12万份，降幅0.22%，ETF最新融券余额7.72亿元，环比减少421.33万元。沪市ETF最新两融余额651.57亿元，较上一日减少1.69亿 元，ETF融资余额600.73亿元，环比减少2.04亿元，融券余量18.51亿份，环比增加1544.52万份，增幅0.84%，ETF最新融券余额50.84亿元，环比增 加3477.09万元。 相关标的ETF中，最新融资余额超亿元的有107只，融资余额最多的是华安黄金易(ETF)，最新融资余额76.83亿元，其次是易方达黄金ETF、华夏 恒生ETF，最新融资余额分别为67.06亿元、46.30亿元。融资余额环比变动看，增幅居前的有A500ETF工银、电力ETF、博时科创综指ETF，最新 融资余额分别为13.95万元、1335.64万元、327.83万元，环比分别增长269.21%、190.69%、156.98%；降幅居前的有建信上证科创板综合ETF、国 泰上证科创板综合ETF、海富通上证 ...

不知不觉已经十年了，尤记得2015年7月的股市的腥风血雨。 上证指数从5178点跌下来。 7月4 暂停IPO，打新的钱都已经冻结了，后来退回。 7月6日开始后，连续几天大幅下跌。特别是7月8日，经历几天千股跌停，真是腥风血雨。 十年过去，上证指数还是在3400徘徊。 BeeBeeSee 千股跌停之后的分级B下折的惨况至今印象深刻，那天鸭蛋和丑丑同时发帖提及高铁B，只恨 那会啥都不懂，错失机会。后来抓紧时间学习，可惜机会早已不在。 真是人教人，教不会，事教人，一教就会。那一刻，我就明白了这个坛子的含金量有多高。 梦想会计师 古希腊一位国王，要求智者找出一句人间最有哲理的箴言。这句箴言不仅要浓缩人生的智 慧，而且必须有一语惊人之效：能让人胜不骄，败不馁；得意而不忘形，失意而不失志，始 终保持一种积极向上的平常心态。智者给他的箴言是一句话："这也会过去！" huxj2015 于2015年6月10日前将整体仓位降到了10%以下。 我比较特殊，在5100点开始融券做空，我的券商当时只有180ETF可融券，吃到整个下跌。 是我交易过程中唯一一次使用融券。 再说一个当时的情况，在大跌的底部，就是总理宣布救市的第二天（我们称 ...

2025 年 07 月 07 日 一周市场回顾 证券研究报告-一周市场回顾 分析师：马遥识途 资格证书：S1330524050001 联系邮箱：mayst@hxzb.cn 联系电话：15201282186 相关研究 一周市场回顾 （ 2025.06.16 — 2025.06.20） 2025.06.23 一周市场回顾 （ 2025.06.09 — 2025.06.13） 2025.06.16 一周市场回顾 （ 2025.06.03 — 2025.06.06） 2025.06.09 本周 A 股上证指数上涨 1.40%，收于 3472.32 点，深证成指上涨 1.25%，收于 10508.76 点，创业板指上涨 1.50%，收于 2156.23 点。 价值风格类板块代表指数上证 50、中证 100、沪深 300 分别上涨 1.21%、上涨 1.48%、上涨 1.54%，成长风格类板块代表指数中小 100、中证 500、中证 1000 分别上涨 1.83%、上涨 0.81%、上涨 0.56%。 融资融券： 市 场 研 究 · 一 周 市 场 回 顾 · 证 券 研 究 报 告 请务必阅读报告正文后各项声明 1 / ...

Market Overview - The Shanghai Composite Index increased by 1.4% to close at 3472.32 points, with a peak of 3497.22 points during the week [1] - The Shenzhen Component Index rose by 1.25% to 10508.76 points, reaching a high of 10610.5 points [1] - The ChiNext Index saw a 1.5% increase, closing at 2156.23 points, with a maximum of 2187.88 points [1] - In the global market, the Nasdaq Composite rose by 1.62%, the Dow Jones Industrial Average increased by 2.3%, and the S&P 500 gained 1.72% [1] - In the Asia-Pacific region, the Hang Seng Index fell by 1.52%, and the Nikkei 225 Index decreased by 0.85% [1] New Stock Issuance - One new stock was issued last week: 301630.SZ, with a subscription date of July 1, 2025 [2] Margin Trading Situation - The total margin trading balance in the Shanghai and Shenzhen markets reached 18470.61 billion yuan, with a financing balance of 18341.82 billion yuan and a securities lending balance of 128.79 billion yuan [3] - The margin trading balance increased by 134.02 billion yuan compared to the previous week [3] - The Shanghai market's margin trading balance was 9348.08 billion yuan, up by 48.25 billion yuan, while the Shenzhen market's balance was 9122.53 billion yuan, increasing by 85.78 billion yuan [3] - A total of 3411 stocks had margin buying, with 70 stocks having buying amounts exceeding 1 billion yuan, led by Dongfang Caifu, Zhongji Xuchuang, and Xinyi Sheng with buying amounts of 67.58 billion yuan, 53.81 billion yuan, and 42.71 billion yuan respectively [3][4] Fund Issuance Situation - Twelve new funds were issued last week, including various types such as bond funds and stock funds [5] Company Buyback Amounts - Eighteen companies announced buybacks last week, with the highest amounts executed by Zhongwei Co., BOE Technology Group, and Longbai Group, with buyback amounts of 86.33 million yuan, 82.38 million yuan, and 20.17 million yuan respectively [6][7] - The industries with the highest buyback amounts were electric equipment, electronics, and retail [7]

7月4日ETF两融余额前三位分别为：华安易富黄金ETF(76.62亿元)、易方达黄金ETF(67.11亿元)和华夏恒生(QDII-ETF)(46.46亿元)，前10具体见下表： | 代码 | 基金名称 | | --- | --- | | 518880.SH | 华安易富黄金ETF | | 159934.SZ | 易方达黄金ETF | | 159920.SZ | 华夏恒生(QDII-ETF) | | 510300.SH | 华泰柏瑞沪深300ETF | | 588000.SH | 华夏上证科创板50成份ETF | | 159937.SZ | 博时黄金ETF | | 510900.SH | 易方达恒生中国企业(QDII-E' | | 510050.SH | 华夏上证50ETF | | 511360.SH | 海富通中证短融ETF | | 510500.SH | 南方中证500ETF | ETF融资买入额 市场概况 7月4日两市ETF两融余额为985.99亿元，较前一交易日减少3.2亿元。其中融资余额为927.74亿元，较前一交易日减少3.55亿元；融券余额为58.25亿元，较前 一交易日增加3578.24万元。 ...